Have you ever heard the saying, “You make your own luck”? My wife set out to prove it true, and at the end of that maxim’s rainbow we found ourselves the happy owners of our dream rental property that was never even on the market.
There are a lot of ins and outs to how this happened, but I think there are lessons for many of my readers all along the way, which is why this seemed like the perfect post to bring me out of my long blog hibernation. Continue reading
I recently sat down with Andrew Diaz, a fellow ChooseFI SLC member and a successful real estate agent, to talk about Live Your Way Financial Coaching.
We discuss how a coach differs from some of the other financial professionals out there, how coaching can help people in any situation, and why having a super-expensive car might be just fine.
Andrew’s Silicon Slopes Life podcast explores different aspects of the communities near where we live, but the topics — including this podcast — are not necessarily Utah-specific.
Check out the podcast here.
I was halfway between home and our weekend getaway destination in Idaho when I got the email from Chase Fraud Alert.
“Action needed: Please confirm you made this purchase.”
The business description wasn’t obvious, but I knew I hadn’t actually used the card in question this month. I’m working on the minimum spend for a different card.
Crap. Continue reading
Last year we spent nearly $100,000 in non-investment purchases. This year wasn’t quite that bad, but it wasn’t the $80,000 I was ballparking back in January 2017.
The plan for a mini-retirement wasn’t fully formed at that point, and I hadn’t considered how taking that break would affect the numbers when I came back around this year. Not that I didn’t plan for the year’s expenses before leaving my job — of course I ran the numbers several ways to make sure we would be OK. I mean I didn’t get too far into the categorical weeds of what would go up and what would go down. Continue reading
Who do you picture in your mind when you think of “people in debt”?
Is it someone struggling to pay the bills, not sure where next month’s housing payment is going to come from or how to put gas in the car because the credit card is topped off?
Do you think of people with lots of expensive clothes, pricey cars, and lavish furnishings throughout their picturesque home, knowing full well they’re leveraged up to their kids’ eyeballs when she’s riding on daddy’s shoulders?
Or maybe you think of a new college graduate just finding out what all those years of schooling are really going to cost over the next decade as they begin to make their way in the world.
But how often do you think of someone who has their financial house in order, plenty of money to cover expenses, and a good balance between enjoying life now and delaying gratification for the future? Because maybe you should. Continue reading