Just over 10 years ago when my wife and I bought our first dividend stock, we didn’t realize the impact it would have on our retirement. While we are still many years away from our magic financial independence number, we now realize that dividend income will be an important tool we use one day. Some […]
Continue ReadingA few months ago I discussed a problem my wife and I had with opening too many checking accounts. If you are in the same situation as us … today I would like to share how to simplify your checking accounts … just like we recently did. For the past 2 to 3 years, we […]
Continue ReadingAre you a millionaire? At some point in the not so distant future, my wife and I will likely cross that 7 figure net worth threshold. That mark won’t get us to full financial independence, but it will be a big step towards our ultimate goal. Based on our savings rate and investment strategy, we […]
Continue ReadingAt the end of every month, we publish an update to our net worth. This update helps us keep track of our assets such as investments. And it helps us track how we are paying down our debt … which is known as liabilities. This past month (January 2019) was a positive month for growing […]
Continue ReadingIf you follow any financial independence blogs or podcasts … a resounding theme is to save a lot more than you spend. Some bloggers call it “growing the gap” … which basically means increasing your income while lowering your expenses. Everything leftover would be considered savings. In order to reach financial independence one day in […]
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