There were a bunch of great posts and podcasts that got me thinking this week! Here are some of the best: Continue reading
The lanky, semi-disheveled guy sifting through the Dumpster caught my eye. “Hey man, don’t suppose you could help me out?” he said half-heartedly. We talked for maybe 10 seconds while I pulled out my wallet and gave him $2.
What he did next truly surprised me.
A broken air conditioner is like a medical emergency: unexpected, urgent and costly. If your air conditioner is older, you’ve got a tough decision: to repair or replace. Unfortunately, I just went through this.
The most powerful budgeting tool I’ve found is really the simplest one: A spreadsheet to not only track my expenses, but to project them into the future. Continue reading
I had a guy. At least, on paper I had a guy. That’s what you need, right? A financial advisor. Money gets taken out of your account every month, goes into the money-making market machine in the way your guy determined was best for you and BOOM, one day you can retire. Living the new American Dream. I probably should have put some emphasis on “Dream.”
I was living the “dream” back in August 2014 Continue reading
Welcome to I Dream of FIRE! I’m glad you’re here.
As Isaac Newton found, a body at rest stays at rest without the help of an outside force. That is as true in finance as it is physics. We tend to exhibit the same behavior we’ve settled into unless something gives us a reason to change. On the flip side, a body in motion stays in motion. Once that initial nudge gets us moving in the right direction, it becomes easier and easier to keep going.
I got my push toward the financial independence/retire early (FIRE) scene about three years ago (more on that later). What I’ve noticed is so many FI bloggers and early retirees were able to get started relatively early in life, often before they had kids or certainly when they had very young kids. Not me. I’m 37 and have been married for nearly 7 years. I have two older stepsons, one soon to be in his final year of college and another who just graduated high school, and a 5-year-old daughter headed to kindergarten next year. When I first learned about FIRE in mid-2014, my wife and I were paying for college for our oldest son, a car for our other son, and diapers and daycare for our daughter. Continue reading