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...]
Archives for March 2019
Retirement Interview 2
Here’s our latest interview with a retiree as we seek to learn from those who have actually taken the retirement plunge. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. There was no way to include every possible question in an interview like this, so if you're wondering about something that's not addressed, please leave … [Read more...]
Why I Sold Rockstar Finance
I have some news for you today! After buying Rockstar Finance in December 2017, I just recently sold it. If you're a blogger or deep into personal finance, you likely know what Rockstar Finance is. If you're simply kinda interested in personal finance, read only a few blogs, and are new to ESI Money, you might not. No problem. Just read Why I Bought Rockstar Finance … [Read more...]
Millionaire Interview 123
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 her responses follow in black. Let's get started... OVERVIEW How old are you (and spouse if applicable, plus how … [Read more...]
Retirement Interview 1
Here’s our latest (first, really) interview with a retiree as we seek to learn from those who have actually taken the retirement plunge. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. There was no way to include every possible question in an interview like this, so if you're wondering about something that's not addressed, … [Read more...]
Top Retirement Don’ts
From the title you might expect this post to be full of "don't do this" and "don't do that" retirement advice. But this "don'ts" post is a bit different. It's not focused on the things you should avoid to get to retirement. Instead this post celebrates retirement greatness by listing the (annoying to terrible) things you don't have to do once you retire. It's my top … [Read more...]
How to Get to a $50k Retirement
Today I'm going to share some options for setting up a retirement requiring $50k in annual spending. I get a lot of questions like "How can I retire?", "What can an average person do to retire?", and so forth. This post should answer a lot of these. There are many ways to retire (of course) but I'll detail four of the most popular/likely options plus add some commentary … [Read more...]
Millionaire Interview 122
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...]
What to Do with Your Time in Early Retirement
In my Black Friday Chat last fall one reader made the following comment: One of my biggest concerns about early retirement is lack of structure/purpose. It would be nice to see more questions targeting what people do to fill their days during early retirement. Not everyone is inherently disciplined or have a lot of activities outside of their professional lives. It would be … [Read more...]
The Secret Splurges of Millionaires
Today we are looking at findings from my first 100 millionaire interviews. And we get to talk about spending! Yay! After I had completed several interviews, a reader suggested asking millionaires what they like to spend money on. After all, we need to enjoy some of our money while we're earning, saving, and investing, don't we? So I added this question beginning with … [Read more...]