My wife’s car has been declared a total loss over a relatively minor crash.
Our car insurance will assuredly go up — maybe a lot.
I’m not bringing in a steady income right now, so this is not a good time to buy another car.
The crash happened the day before we boarded a flight to Florida for Christmas, meaning everything was done over the phone during vacation.
We were in limbo for three weeks while the repair shop and insurance went through their process.
All told, this will probably cost us at least $5,000.
And yet, I am gratefully annoyed at the situation. 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
After the incredible response to last year’s “12 Days of FI Christmas” Lego music video, I couldn’t pass up the chance to put out a new holiday ditty.
For 2018, a whole new cast of 20 (!!!!) Lego-fied personal finance bloggers takes to the screen in “Waiting to Enact Our FIRE Plans,” a send-up of “Walking in a Winter Wonderland.”
The talented My Sons Father created and photographed most of the Lego characters again this year, and Joel from FI180 wrote an amazing musical arrangement and sang those silky smooth vocals. I wrote the lyrics and storyline and put the video together. Continue reading
A little over seven months ago I made a major life change, leaving a stable, high-paying job to take a yearlong mini-retirement.
I had loosely defined visions for what I would do with this time, but no significant plans per se. I more envisioned my mini-retirement as a field to wander around than a new path to follow.
What I’ve found is that the things I thought I would do have not been as prominent as I expected, and some things I had not expected have opened up. I am not ready to call this overall experiment a success or failure. I don’t think it would be possible to summarize the whole thing in those terms anyway.
But I can say what I’ve done, what I haven’t, what lived up to my expectations and what has surprised me. Continue reading
There are hundreds of credit card options out there, and deciding which one to choose can be a tough task. There is no one best card. It’s all about picking the right credit card for your financial situation.
With that in mind, here’s a guide to what you should look for based on your goals, habits and finances. Continue reading