Tag: personal finance

Know Your Number

Aspiring Millionaires In A Billionaire World

There’s something about the term ‘millionaire’ that still captivates people’s imagination. Even as Forbes released their annual list of the world’s ‘billionaires’ (spoiler alert: Jeff Bezos, $100B), people are still excited about accumulating 1/100th of that amount. I’ve noticed that many of my top read articles over the last three all have ‘millionaire’ in the title. Maybe as the world’s richest move into billionaire territory, … Continue reading Aspiring Millionaires In A Billionaire World

Unknown's avatarMrFireStation7 Comments
Spend Less Than You Make

The World of Self Storage Garages

If there was ever a poster child for modern society’s affluenza of over-consumption, it would have to be self storage garages, right? People have SO much stuff that they can’t fit it into their homes – despite the average living space doubling over the last 40 years. A friend and I met for lunch recently at a wickedly greasy steak place and he talked about … Continue reading The World of Self Storage Garages

Unknown's avatarMrFireStation12 Comments
Invest Effectively

Who Owns The Stock Market?

Many people think of the stock markets as being owned by fat-cat rich people like Mr. Monopoly. I recently ran across an ARTICLE on Business Insider with a great chart showing how much ownership of the $25T US market has changed over the years. You can see there has been a significant democratization of US equities with a tremendous share of company ownership in employee … Continue reading Who Owns The Stock Market?

Unknown's avatarMrFireStation2 Comments
Live Debt Free

Guest Post: How I Saved Money on My Credit Card Debt with a Personal Loan & Lessons I Learned Along the Way

Today we have a Guest Post from Tom “FIRE” – a FI blogger who reached out to Old Mr. FireStation to see if he could share a little Millennial experience with our readers.  Tom’s website is FIREdUpMillennial.com.  His experience with getting too deep in credit card debt in your twenties is very familiar to my wife & I, and he offers a great approach to get out … Continue reading Guest Post: How I Saved Money on My Credit Card Debt with a Personal Loan & Lessons I Learned Along the Way

Unknown's avatarMrFireStationLeave a comment
Invest Effectively

Callan Periodic Table – Fascinating, But Useless?!

We had some new friends over for dinner on Saturday night and I, of course, got lots of questions about how we retired before we turned 50. The husband figured that I made some amazingly, lucky investment that paid out like we had won the lottery. He asked what our special investing strategy was and I told him I pretty much just invest in S&P … Continue reading Callan Periodic Table – Fascinating, But Useless?!

Unknown's avatarMrFireStation10 Comments
Spend Less Than You Make

Super Bowl Indulgence & Everyday Frugality

We made it to Super Bowl LII in Minneapolis yesterday and the experience was absolutely electric. Having the NFL’s biggest event hosted in your own hometown is an incredible experience and we enjoyed all of the week’s activities – concerts, exhibits, celebrity sightings, and the big game itself (which USA Today is calling the best Super Bowl ever!). If you are a sports fan, this … Continue reading Super Bowl Indulgence & Everyday Frugality

Unknown's avatarMrFireStation12 Comments
Spend Less Than You Make

Car Insurance Rising Fast

Our son headed back to college this weekend – ending our ‘No Responsibility January’ – and starting his Spring Semester.  Among other things, this means we need to call our insurance agent this morning and take the car insurance off the vehicle that he drives when he is home.  Car insurance runs about $900 annually for the 2004 Acura TSX that he drives when he … Continue reading Car Insurance Rising Fast

Unknown's avatarMrFireStation12 Comments
Terrific Travel

Easy Credit Card Travel Hacking Success

They say on a large, international flight – maybe only one passenger in first class is paying full fare. The rest are on award tickets, big corporate discounts, or upgraded from regular seats because of their frequent flyer status. I had first-class flights as an executive perk for many years at MegaCorp, but rarely had myself actually ticketed that way when I traveled. I was … Continue reading Easy Credit Card Travel Hacking Success

Unknown's avatarMrFireStation8 Comments
Invest Effectively

Dow at 25,000 – Time For A New Year’s Rebalancing?

Is it time to rebalance your early retirement portfolio?  With the Dow Jones breaking 25,000 this week (I remember when it broke 1,000!) – and after posting 37% growth since the 2016 Presidential Election – maybe it is time to look at your balance of stocks, bonds, and cash and ensure that you have not become overweighted in equities? The year 2017 was a great … Continue reading Dow at 25,000 – Time For A New Year’s Rebalancing?

Unknown's avatarMrFireStation14 Comments
FIRE Observations

Top 7 FIRE News Stories of 2017

At the end of the year, the media is full of retrospectives on the top news events and celebrity stories, so with that in mind, I set my thoughts to what are the biggest news happenings that have affected people on their journey to financial independence and retiring early (FIRE) in 2017. Here’s my list (in no particular order) … TRUMP BUMP – The stock … Continue reading Top 7 FIRE News Stories of 2017

Unknown's avatarMrFireStation6 Comments