How We Are Funding Our IRA Accounts
One of the biggest personal finance regrets I have is that my wife and I have been neglecting our tax deferred accounts for the past couple of years. Other than my employer’s pension plan, most of our savings the past 6 years have been made in our taxable accounts. And while we have been saving […]
Continue ReadingWhy Do We Manage Our Own Escrow Account?
For over the past 5+ years, my wife and I have been managing the escrow account for our home. The first couple years of owning our home, we made the lazy choice of letting our mortgage lender manage our escrow funds. At first, we didn’t mind paying an extra $300+ dollars a month to help […]
Continue ReadingHow to Save Money and Still Eat Healthy
I would just like to take a moment and say that financial independence (also known as “FI”) doesn’t really matter if you are not in good health to enjoy it. All the money in the world doesn’t mean much if you don’t take care of your body. That is why my health is the most […]
Continue ReadingWhy You Need to Stop Spending $500 per Year on Coffee
Have you ever stopped to really think about how much money you may be wasting every year on memberships or “stuff” that adds very little value to your life? For example, about 1.5 years ago … my wife and I decided to finally give up cable which ended up saving our family over $1,000 per […]
Continue ReadingHelp Fund Your IRA by Selling on Amazon
When it comes to side hustles, there is no question that selling stuff online is one of my least favorite ways to earn extra cash. Getting rid of clutter and earning some extra money is great. But I just can’t stand the whole process of selling items … especially online. In the past, my wife […]
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