Why I’m paying off the mortgage while saving for Early Retirement

Why I’m paying off the mortgage while saving for Early Retirement

The paying off your mortgage early vs. investing that money debate has been done to death. Everyone has heard the higher return on investment from the market generally outperforms a standard loan interest of around 3% argument. On the other side, everyone can sympathise with the idea of being completely debt free and having your own home. No mortgage sounds like the best thing since sliced almonds. (that’s the expression right?) Like a lot of other posts and the general…

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Tracking real estate and networth

Tracking real estate and networth

Tracking your net worth is one of the most important things to do on your journey to financial independence. But tracking property gets tricky….if you aren’t a real estate master. There are mainly two schools of thought. Common practice Zillow/Trulia Average Basically you are taking the estimated list price from all of the major listing sites, averaging, and using that as your property value. Some tend to be high while others tend to be lower so it is the best…

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I got a pay raise and had a plan for it months before I got it…in a good way

I got a pay raise and had a plan for it months before I got it…in a good way

Woot Woot!!! $$$$$ Don’t pay raises make you just want to jump up and down? They were already paying you some money and now they are telling you they will pay you MORE money! Kind of cool (unless you are under market value). See Glass Door. Anyways… What is the first thing you do when you get a raise? Go out to some fancy, pricey place to celebrate like Red Robin? (Ms Blue Ribbon and I don’t get out much.)…

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How I gave up my Tesla dream

How I gave up my Tesla dream

I have wanted a Tesla automobile since the roadster was announced in 2006. Beautiful cars and no oil products to run it. (The only thing I hate more than going to get my hair cut is getting my oil changed.) When the pre-ordering for the Model 3 started I was nearly 6 months into the baby steps yet still had every intention of dropping $1000 to lock my place in line to get one. Then I read Financial Samurai’s rule…

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In event of an emergency…plan

In event of an emergency…plan

Having a solid emergency fund is one of the most important things you could have. General consensus is 3-6 months of full income set aside in savings. Dialing up or dialing down based on what is happening in your life. Say something horrible happens…I really hope it doesn’t…but what if? Do you know what you’ll do? In the event of a fire at your house do you have a plan for the family? Do you meet at the mailbox? If…

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Bio on a stick

Bio on a stick

Money and I haven’t always gotten along. During high school we did fine, college things were ok but after college is when things started down the wrong path… One thing my dad ingrained in me at an early age was not to carry a balance on a credit card. Not sure why this stuck with me but it did. He never really validated why either. He told me, “Eh, I’m a deadbeat as far as they are concerned. I pay…

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