Today I wanted to give you some insight into the financial process I went through to decide I had enough to retire. We'll review the budget I set up (both income and expenses) and I'll give commentary on where I stand now and some steps I'm planning. We will cover them from a pretty high level (no one … [Read More...]
In the Spotlight
Responses to My Retirement
As you might imagine, my retirement caught most people by surprise. I think it's because of a combination of three things: My age (only 52). Most people do not retire this young. My career. … [Read More...]
Keys to Growing Wealth
Debt Costs a Fortune
We've all heard the stories of people who have gotten out of debt and how wonderful it is. Dave Ramsey has made the "freeeeeedommmmmm" yell standard for his listeners who have eliminated all their debt. And yet the debate rages -- is it wise to pay off all … [Read More...]
What Makes ESI Money Different
As many of you know, you can subscribe to ESI Money by either using an RSS feed or being emailed a post summary each time I post. To do either you can visit my "subscribe" page. When someone subscribes to the email list, I get a note saying I have a new … [Read More...]
How to Cut the Cost of Retirement in Half
How much do you need to retire? Even if you don't have an exact number in mind, just think of an amount you guess would be close. Maybe $1 million or so? Or a bit more or a bit less depending on other sources of income you may have? Whatever your number … [Read More...]
Update on My Fitness Efforts
It's been a few months since I wrote Physical Fitness and Financial Fitness. In the meantime I posted again on the link between health and wealth (see Being Healthy Can Grow Your Net Worth) and there are additional posts coming on this subject. Before we … [Read More...]
ESI Money Reader Needs Interviewing Tips
We have an extra post this week. I am in the process of moving to four posts each week but this week there will be five. The reason is that I received an email Monday night with a sense of urgency to it. So I'm writing this on Tuesday (yesterday by the time … [Read More...]
Kids and Car Incentives
Our kids have been approaching driving age for several years. Now that they have arrived at driving age, my wife and I needed to wrap up a long discussing we'd been having about getting cars for the kids. We had promised them that we would match whatever … [Read More...]
Can Getting Up Early Make You Wealthy?
You may have noticed in this site's right sidebar that there's a section titled "what I'm reading now" about two-thirds of the way down the page. Listed there is a book titled The Miracle Morning: The Not-So-Obvious Secret Guaranteed to Transform Your Life … [Read More...]
The Cost of Divorce
In The Ten Worst Money Mistakes Anyone Can Make I listed the following as #7: Marrying the wrong person As I noted, this can be a double-edged sword. I stated: There are actually two major financial mistakes related to marriage: marrying a spendthrift and … [Read More...]
Brands I Love
We all have brands we love, right? Those companies that for one reason or another we go back to again and again. I thought it would be interesting for me to share mine and for you to do the same! My Criteria But before we go there, let me detail the … [Read More...]
Being Healthy Can Grow Your Net Worth
Shortly after I posted Physical Fitness and Financial Fitness I ran into a Money Magazine article titled "Get Healthy, Get Wealthy." This was the exact point I made in my post -- except with stats to back up what they said! :) The Money article was … [Read More...]
