Fertilize The Family Tree?

The personal finance radio host Dave Ramsey often talks about creating ‘generational wealth’ as the final step in his Total Money Makeover. He encourages people to think about how they can fundamentally “change their family tree” by building an uber portfolio that allows them to pass money on to their kids and even grandkids. I like to listen to Dave Ramsey and think he generally … Continue reading Fertilize The Family Tree?

Holiday Charitable Giving – Where To Focus?

The holidays are the giving season for charitable organizations, and if you are like us, your mailbox is overflowing with requests. We split up our charitable giving among causes that are close to us and ones that do good in the world at large. One of the challenges we have is weighing the relative impact our dollars can have on causes that are distant and … Continue reading Holiday Charitable Giving – Where To Focus?

Board Meeting Busy Time

I always think of the few weeks between Halloween and Thanksgiving as relatively ‘quiet weeks’ relative to the holiday hoopla that comes in December, but it is a very busy time of the year for board work. It seems that every board I’ve worked with picks these same few weeks to get in quarterly meetings before the end of the year. Board work has been … Continue reading Board Meeting Busy Time

40 Little Pieces of Purpose

People thrive with purpose. When you are working or have kids at home, your purpose is often derived from those things. When you early retire or become empty nesters, you need to find new sources of purpose. Some people do non-profit work, some get involved with their church, and some work on improving their community. People spend a lot of time looking for the right … Continue reading 40 Little Pieces of Purpose

15 Retirement Hobbies That Scream ‘Rich People’

On Reddit recently, there was a post in the Financial Independence thread that asked Redditors what retirement “hobbies scream rich people?” That is, what activities signal that someone has a surplus of both time and money? I thought it was an interesting question and relevant to share because I noticed that a lot of the hobbies can be enjoyed by many people at a variety … Continue reading 15 Retirement Hobbies That Scream ‘Rich People’

One More Year Effort Becomes “Angel Fund”

For those of you who have been following MrFireStation.com since early last year, you know about our plan to devote all of our final year’s paychecks and bonus to a good cause. We first wrote about our “One More Year” fund last April and gave more detail on the background on the idea and an update in December. To make us feel like we were … Continue reading One More Year Effort Becomes “Angel Fund”