We were always a big gaming family. My dad and I would play Monopoly and Aggravation for HOURS when I was home from college -- until 3 am or 4 am in the morning at times! Then when we had our own family, games naturally played a big part in our entertainment time (to this day, my daughter and dad play Aggravation for money! LOL!) If I had to pick one game that we … [Read more...]
Archives for August 2019
The Crossover Point: The Original Measure of Financial Independence
Back in 1992 I 1) was married for less than a year, 2) had just started to grow my career, and 3) knew virtually nothing about managing money. The terms "FIRE", "financial independence", and "financial freedom" were nowhere to be found, at least compared to how they are today. And they idea of financial independence/retiring early was certainly not as widespread. In fact, … [Read more...]
A Real-Life Example of How to Take Early Semi-Retirement
As I noted in my two previous posts (Early Semi-Retirement: An Alternative to Full Retirement and Early Semi-Retirement: Work Options and Fun Activities) discussing the book Work Less, Live More: The Way to Semi-Retirement, I wrote about the book in 2010 on my former blog. In one of those posts a reader commented that he had moved into early semi-retirement (going from … [Read more...]
Millionaire Interview 145
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...]
The Case for Spending More
I've been considering the topic of spending lately. But not in the usual "you're spending too much" line of thinking I've written about for so many years in posts like It’s the Spending, Stupid. These days I'm actually pondering how I can spend MORE money. Yep, you read that correctly. I'm considering spending more, which falls within the spirit of my post titled If … [Read more...]
Side Hustle Interview 6
Here's our latest interview with a side hustler! As you know, I love creating a side hustle as part of a fast-track path to financial independence because it can make a huge difference (see this financial calculator), enough to actually get you to FI in 10 years. If you have a side hustle and would like to be interviewed, shoot me an email and we can talk over … [Read more...]
Early Semi-Retirement: Work Options and Fun Activities
Today we're continuing our discussion of the book Work Less, Live More: The Way to Semi-Retirement which I started in Early Semi-Retirement: An Alternative to Full Retirement. If you want to catch up, I suggest you read that post first because I'm going to jump in quickly with new topics from the book. Plus that post was pretty interesting if I do say so myself. … [Read more...]
Millionaire Interview 144
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. Today we have an interview with my friend Michael from Financially Alert. My questions are in bold italics and his responses follow in black. Let's … [Read more...]
What You Need to Know about Fundrise and DiversyFund
As you probably know, I'm a big fan of real estate investing. I currently own three properties with five buildings and a total of 14 units. We purchased them when we lived in Michigan a few years after the real estate meltdown of 2007-2009 and as a result we got them at great prices. As such, they churn off a good amount of income plus have appreciated quite nicely. I … [Read more...]
Side Hustle Interview 5
Here's our latest interview with a side hustler! As you know, I love creating a side hustle as part of a fast-track path to financial independence because it can make a huge difference (see this financial calculator), enough to actually get you to FI in 10 years. If you have a side hustle and would like to be interviewed, shoot me an email and we can talk over … [Read more...]
