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Archives for July 2018

What to Do When Visiting Colorado Springs

July 13, 2018 By ESI 16 Comments

Top attractions to see in Colorado Springs

When you live in a gorgeous, tourist town, you get lots of visitors. We've had more people visit us since we moved to Colorado Springs than we had the entire 14 years we lived in Michigan. I wonder why that is? :) Anyway, when people come here, we always give them a laundry list of what we could see and let them select their options. Since some reading this might come … [Read more...]

Filed Under: Travel

ESI Scale Financial Independence Calculator

July 11, 2018 By ESI 32 Comments

ESI Scale financial independence calculator

Well, here we are again -- I have yet another financial calculator to share with you. And this one is the granddaddy of them all! Just so everyone is on the same page, I've recently introduced two new calculators. One deals with the impact growing your career can have on your finances while the other answers the question, "When can I retire?" I love these … [Read more...]

Filed Under: ESI Scale, Financial Independence

Millionaire Interview 75

July 9, 2018 By ESI 29 Comments

Millionaire Interview 75

Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. My questions are in bold italics and his responses follow in black. Let's get started... OVERVIEW How old are you (and spouse if applicable, plus how … [Read more...]

Filed Under: Interviews, Millionaires

Which is Better: Paying Off a Mortgage or Investing More?

July 7, 2018 By ESI 117 Comments

Pay off mortgage versus investing

Here's a topic that's likely to cause a good bit of debate. I love these sorts of questions. :) Recently I have been receiving a lot of emails around the subject of whether it's better to pay off a mortgage or keep the mortgage and invest instead. For example, here's one I recently received from a reader: One question my husband and I always wrestle with a bit is the … [Read more...]

Filed Under: Debt, Invest

ESI Scale Interview 20

July 6, 2018 By ESI 29 Comments

ESI Scale Interview 20

Today we continue the ESI Scale Interview series where people answer questions about their success at working the ESI Scale. In short, the series focuses on what the interviewee is doing in the areas of earning, saving, and investing. They also get an opportunity to ask ESI Money readers for suggestions if they choose to do so. If you’d like to be considered for an … [Read more...]

Filed Under: ESI Scale, Interviews

Do You Collect Anything?

July 4, 2018 By ESI 22 Comments

Here's a fun post for a vacation day!!! After my post on coin collecting I got several requests for a piece on collecting things. Then I ran into this article on collecting. They go into the pros and cons (mostly) of collecting. Here's where they net out: If you want to hedge against inflation, there are more reliable ways to go about it. A collectible is an … [Read more...]

Filed Under: ESI Thoughts

Millionaire Interview 74

July 2, 2018 By ESI 12 Comments

Millionaire Interview 74

Here’s our latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. My questions are in bold italics and his responses follow in black. Let's get started... OVERVIEW How old are you (and spouse if applicable, plus how … [Read more...]

Filed Under: Interviews, Millionaires

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