File this phenomenon under the heading ‘I Don’t Get It’. Parents are now going into debt to fund their kids sports and extracurricular activities because they believe that the skills will help them earn more money some day. What? The recent survey from LendingTree.com, shows that 8 out of 10 of today’s parents believe that the money they spend on sports (30%), music (16%), dance … Continue reading Debt Spending On Kids Sports?
This is the second April post in a three-part series focused on our third anniversary since reaching FIRE (financial independence & retiring early). Last week’s post focused on the FINANCIAL aspects of early retirement from this Life Wheel, this week I’ll focus on the three SOCIAL dimensions: Family/Friends, Love/Romance, and Giving/Teaching. My goal in this series is to answer the most common question I get … Continue reading Third FIRE Anniversary (2) – Social Life
The media and politicians love to plant the seeds of discord between generations. Younger generations are alternately presented as either victims of the current power structure, and/or helplessly unprepared or unwilling to live in the “real world “. I have found that nothing is further from the truth. Younger generations tend to be smarter, more diligent, and better prepared for the futures than the generations … Continue reading Millennials May Prove To Be The Best Generation With Their Finances
Since it’s the very last day of 2018, I thought I would simply recap the top articles in terms of readership that were posted here this year. It’s amazing to see the thousands and thousands of visitors coming to the site every month and not be thankful that the unusual lifestyle decisions that we have made for ourselves are now encouraging others to follow a … Continue reading New Year’s Eve – Top Articles 2018
I was honored to have our journey to FIRE (financial independence & retiring early) featured in our suburban magazine this month. My friend, Samantha, suggested they interview me for a feature in their December issue because people that ridiculously walk away from a perfectly good career before they are 50 are pretty unusual. 🙂 I tried to use the opportunity to help people see that … Continue reading Welcome Neighbors! – Our Journey To FIRE
I didn’t buy a ticket for this week’s $1.7B MegaMillions lottery. While I love the basic idea of getting a chance to be an instant billionaire, doing the math on the odds spoils the fun for me. While now commonplace, lotteries are certainly one of the most interesting social concepts of all. “Let’s have tens of millions of people put a small amount of money … Continue reading Did You Play The Lottery This Week?
My friend Russ approached early retirement hobbies much smarter than I have financially. He performs with friends in a rock band and I’ve enjoyed our sports car and participating in performance driving events. While we’re both investing extra time into these hobbies that we enjoyed before careers and kids got in the way – I am investing a lot more money. In fact, I’m … Continue reading Hobbies That Cost, Hobbies That Pay