Today we continue sharing some parts of the book Die with Zero as well as my thoughts on them. So far we've covered the introduction and Rule 1 of the book's nine rules, Rule 2, Rules 3 and 4, Rules 5 and 6, and Rules 7 and 8. If you missed any of those you should probably read them before proceeding. As for this post, we'll get into Rule 9 as well as wrap up our … [Read more...]
How to Die with Zero, Rules 7 and 8
Today we continue sharing some parts of the book Die with Zero as well as my thoughts on them. So far we've covered the introduction and Rule 1 of the book's nine rules, Rule 2, Rules 3 and 4, and Rules 5 and 6. If you missed any of those you should probably read them before proceeding. As for this post, we'll get into Rules 7 and 8. Let's get started... Rule … [Read more...]
How to Die with Zero, Rules 5 and 6
Today we continue sharing some parts of the book Die with Zero as well as my thoughts on them. So far we've covered the introduction and Rule 1 of the book's nine rules, Rule 2, and Rules 3 and 4. If you missed any of those you should probably read them before proceeding. As for this post, we'll get into Rules 5 and 6. Let's get started... Rule 5 Here's Rule 5 of … [Read more...]
How to Die with Zero, Rules 3 and 4
Today we continue sharing some parts of the book Die with Zero as well as my thoughts on them. So far we've covered the introduction and Rule 1 of the book's nine rules as well as Rule 2. If you missed either of those you should probably read them before proceeding. As for this post, we'll get into Rules 3 and 4. Let's get started... Rule 3 We'll begin by stating … [Read more...]
How to Die with Zero, Rule 2
Today we continue sharing some parts of the book Die with Zero as well as my thoughts on them. Last time we covered the introduction and Rule 1 of the book's nine rules, so if you missed it you should probably read that before proceeding. As for this post, we'll get into Rule 2. Let's get started... Rule 2 We'll begin by stating Rule 2 as follows: Start investing in … [Read more...]
How to Die with Zero, Introduction and Rule 1
One of the books we've read as part of the Millionaire Money Mentors book club has been Die with Zero. Like several books I've read recently, I have a love-hate relationship with this one. I love it because it makes me think, challenges me in a new way about money, and puts the focus on life instead of money (which I sometimes lose sight of). I hate it because like so … [Read more...]
How to Live in Airbnbs for the Price of an Apartment Lease
One key retirement question revolves around housing. Where will you live? Will you stay where you are or move? If moving, within the same city or elsewhere? And what type of house? We have been considering these questions as it seems absurd to have two of us and a cat live in a 3,600 square foot house. As of now, our two kids, my son-in-law, and my daughter's four cats … [Read more...]
How to Save Big on Buying a Tesla
I am LOVING the Millionaire Money Mentors forums!!! I am learning so much as well as connecting with some really great, like-minded people. Even if no one else would ever join, I'd keep it going for just me! But people are joining and the site is now getting almost as many monthly pageviews as ESI Money. It's pretty phenomenal. We discuss everything there from the … [Read more...]
Savings Tips for the Top Five Housing-Related Costs
I have heard a couple philosophies on the best ways to save money. One school of thought is that you need to focus on the "big three" expenses -- housing, transportation, and food. The proponents of this line of thinking say that if you get these right, the rest of your spending takes care of itself. Another school of thought says watching "small spending" is just as … [Read more...]
The Good Old Emergency Fund
If there's one thing that's the forgotten step-child in personal finance, it's the emergency fund. Those just starting out on their financial journey hate it because it's a killjoy -- something they have to save for that has zero perceived value (at least in many people's minds). Those of us further down the road don't really think much of it as it's simply "there" -- … [Read more...]
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