In Pursuit of Freedom through Financial Independence
A few posts back, we learned how lifestyle inflation can be toxic. In case you're wondering, there IS a time and place to inflate your lifestyle. However, you can't just do it whenever you want. You have to EARN it. Here's how it works. The … [Continue reading]
This time of year, we are bombarded by "Black Friday" sales and "massive markdowns." Everybody loves a good deal, right? Well, that depends. If you are able to get 50% off an item that you truly need and were already going to buy, then that is a … [Continue reading]
At the most basic level, your investment portfolio consists of stocks and bonds. Yes, you can have real estate properties and alternative investments to help diversify you portfolio. You also need a storage of cash as an emergency fund. However, a … [Continue reading]
At some point in our lives, most of us have learned to live on very little. For example, if you've ever been a college student, you've mastered the art of living in the same house with a dozen other people, finding free meals, and using public … [Continue reading]
Depending upon your world view, getting into "The 1%" is either shameful or commendable. Regardless of your perspective here, let's look at what it takes to actually be in the top 1%. Measuring Wealth There are two main ways to measure wealth: … [Continue reading]
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