Sunshine Funds – Budgeting Our Individual Fun Money

How do you manage your spending with your spouse?  How do you ensure that your spending is ‘fair’?  Do you use combined accounts?  Separate accounts?  A hybrid approach?  Today, I thought I would share the approach that Mrs. Fire Station and I use, which leverages a unique concept we named “Sunshine Funds”. First, all of…

Credit Scores – Must Everyone Have One?

We were discussing college kids and getting credit cards with some friends recently and I admit I am a bit hesitant to suggest to my son that he get a credit card. He has a debit card that works just fine for him, but I guess he is not building up a credit history that…

Financial Failures – Taking Loans From 401k

Earlier, I wrote a few posts on financial failures on our route to financial independence and early retirement (FIRE).  The idea was to share that everything hasn’t been challenge-free on our route to a life of goofing off. Today’s story isn’t patently a financial failure, but it runs completely counter to the advice that you…

Millionaire Next Door – Thomas Stanley RIP

  It is with true sadness that I read that Dr. Thomas Stanley, co-author of the Millionaire Next Door, was killed recently in an unfortunate car accident.  Reuters wrote that “Stanley was killed Saturday afternoon when a car slammed into his vehicle near his home in Marietta, Georgia.” Stanley researched the lives of American “high…