News and Information

Here’s some of the interesting things I’ve read recently on the topics that interest me. They are mostly financial independence type sites. But I’ll also post some other stuff that interests me in making a happy, healthy, and whole life.

8 Aug 2018

Check out Saquon Barkley’s plan for his $31M NFL contract Here. It’s refreshing to see that some of these players are seeing how much their money can benefit them for the rest of their life if they invest it properly. Pretty great plan if you ask me!

7 July 2018

Financial Calculators are useful tools. Here’s a quick and easy Financial Calculator you can use to figure out the answers to how much your investing will be worth after some period of time. Take a look and get familiar with it.

Here are a few other Financial Spreadsheets to help with different aspects of your finances. Looking at your finances from several different perspectives can help you get a better understanding of how you are doing overall. Or you can drill down to something very specific.

Here’s a good article about the difference of FIRE versus fire. FIRE is a goal. Fire is what drives you and is independent of your financial goals. Your drive (fire) should carry you well past your goal (FIRE). For example your FI Number could be $1M. But then what? What are you going to replace 40 hours per week doing? Surely it’s not just sitting on your butt waiting to pass. My fire is and continues to be spending as much of the short time on earth enjoying family, friends, and interesting people. What is your FIRE versus fire?

If you are curious about some of the milestones to measure your progress towards FI you can check out FI Milestones to get some idea of where you stand. You can also go to Choose FI . If you have something to measure your progress, here’s one Blogger’s perspective for milestones to use.

Financial Calculators are useful tools. Here’s a quick and easy Financial Calculator you can use to figure out the answers to how much your investing will be worth after some period of time. Take a look and get familiar with it.

Here are a few other Financial Spreadsheets to help with different aspects of your finances. Looking at your finances from several different perspectives can help you get a better understanding of how you are doing overall. Or you can drill down to something very specific.

Here’s a good article about the difference of FIRE versus fire. FIRE is a goal. Fire is what drives you and is independent of your financial goals. Your drive (fire) should carry you well past your goal (FIRE). For example your FI Number could be $1M. But then what? What are you going to replace 40 hours per week doing? Surely it’s not just sitting on your butt waiting to pass. My fire is and continues to be spending as much of the short time on earth enjoying family, friends, and interesting people. What is your FIRE versus fire?

If you are curious about some of the milestones to measure your progress towards FI you can check out FI Milestones to get some idea of where you stand. You can also go to Choose FI If you have something to measure your progress, here’s one Blogger’s perspective for milestones to use.

29 June 2018

Financially Free: The Moment You Became a Money-Grown Up. This link really hit home for me. It wasn’t until later in life that I really understood the meaning and benefits. Sure, saving was always mentioned, but it never really sunk in as to why. I was saving, but it wasn’t for specific things. It was just stressed, so that’s what I did. In the link, you can read about some of the details as to why this is important. I guess I was just a late bloomer.

If you need a free site to check your credit score, here’s a great link Credit Sesame. It’s limited to only showing a total score. It doesn’t show the same level of information as a full credit report, but you’ll be able to track if you are heading in the right direction. If you are trying to clean up credit, you’ll need the full report to get the names and addresses of each account that is dragging you down. But for a quick look, this is a goos site. If you have no idea of what your credit score is currently, this is a great free site to do a quick check and track your progress.

Here’s a link to a story about a couple that spend their lives unaware of the long term impacts of financial maturity. Click here Average Example. The story doesn’t give much to the details of how they got there, but it can be a real example of not watching your finances. It could also be many other things. The take away is to watch your personal finances and optimize the best that you can.

Serge from Mage’s Mind blog posted an inspiring post this week called Hold On. It’s an easy quick read, but worth the minute or so to read it. Hope you like it. Hold On

19 June 2018

So, what is this FI stuff I’ve been talking about really. Here’s a link to Wikipedia. It will give you a general definition and a little broad information.

Is this crazy talk? Check out the link Why Financial Independence? to see. It may seem a little strange at first. But it’s all the stuff you’ve heard before. Earn a decent paycheck and spend less than you’ve earned. Then save or invest the rest. Simple right…but not easy. There are many distractions, flashing lights, glitter, and Average influences that can get you off course.

Here’s a great post on another blogger’s site. My Early Retirement. She’s heavily strapped with federal student loans. She started a couple of years ago and is making great progress. Check out here site. It reinforces that it doesn’t matter where you start, just start. Pay attention to your finances. Your progress may surprise you.

Are you thinking of buying a house? Here’s some interesting data on from Accidental FIRE. It’s a compilation of data comparing average income and average home costs across the nation. It’s worth the read, if for nothing else to see how your state compares to the rest of the nation.

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