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...]
Archives for July 2018
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...]
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...]
Which is Better: Paying Off a Mortgage or Investing More?
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...]
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...]
Do You Collect Anything?
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...]
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...]