The old Diana Ross song asks “Do you know where you are going to?” and many Americans should be asking themselves the same question when it comes to achieving financial independence. You can’t reach a goal you haven’t adequately envisioned for yourself and reaching FIRE is a very big vision indeed. The best place to start is by understanding what you are spending today. If … Continue reading Do You Know Where You Are Going To?
How can you find a secure 5-15% return on your investment with NO risk at all? Simple – start paying off your debts. The FIRE lifestyle begins with paying off the bank, credit cards & mortgage. Debt is a four-letter word that needs to be banished from your financial vocabulary. There are a few simple strategies to do so. One approach says to pay off … Continue reading Living Debt Free – That’s Means The Mortgage Too!
Since this is the FIRST post of this new blog, I thought it would only make sense to outline a little of my life-view and financial philosophies. We are what we believe and you can’t understand someone’s behavior if you don’t understand how they view the world. Judging from other people’s actions, the value that I place on financial independence & retiring early (FIRE) isn’t … Continue reading Chief Sparky’s Blog
