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Month: June 2017

Frugal Strategies for Expecting Parents

Frugal Strategies for Expecting Parents

  Anyone that’s had a baby knows what it’s like to receive loads of advice about what to expect when expecting. Apparently your life will dramatically change in wild and crazy ways. Some of these comments come to fruition, your life will change, but most hit wide of the mark. A topic that inevitably comes up is just how darn expensive these little humans can be and how much of a strain they can put on your finances but it…

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The Inevitable Recession

The Inevitable Recession

  I started my investing journey in 2007 with my first 401k. I wasn’t a savvy investor and didn’t comprehend the turn the market would take over the next few years. The 2008/2009 recession effected millions of peoples’ financial lives but I didn’t fully appreciate the impact at the time. It turns out my naiveté worked in my favor. Through one of the worst bear markets in history, I continued to invest and built the foundation of our current portfolio….

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6 Ways to Save

6 Ways to Save

Finding ways to save can be challenging but we’ve identified a few areas that produce savings where most people don’t. A big part of generating savings is starting with being mindful of your spending and knowing where your money goes. You need to know this before you can determine if there are better cheaper alternatives. Also, keep in mind what’s important to you and what brings the most value to the life you want to live. The following are areas…

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Our $1,000,000 Goal and Beyond

Our $1,000,000 Goal and Beyond

Our plan for reaching FI is currently pretty loose and one we hope to perfect as we continue on our journey. Initially we wanted to have $1,000,000 saved by the time we were 40. Where that number came from or why by 40 I have no idea. There was no math behind the number or any understanding of how we were going to get there but it sounded like a number that would provide the freedom and flexibility we covet….

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Investing for the Long Haul

Investing for the Long Haul

We abide by many ideas already established by the FI community and a pillar of the FI philosophy pertains to how we choose to invest our hard earned money. Invest early and often. Keep it simple. Index funds. And of course, Vanguard! This hasn’t always been my approach to investing but one that over time I’ve come to love and appreciate. Investing is not necessarily like other products where a high price tag implies better quality. Investing is different. The…

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What is FI?

What is FI?

Financial independence (FI) sounds like a very ambiguous term. Anyone who thinks about FI likely has their own definition of what FI looks like to them. FI could be working for the next 40 years because you love what you do. It could mean saving enough money to have the option to retire early. An FI lifestyle could be living in a tiny home with a budget of $12K or living in a $500K home and making enough money to cover…

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Let’s Get Started

Let’s Get Started

Blogging is something I’ve thought about doing for a long time and honestly I have no earthly idea why. I’m definitely not a writer. I’m an introvert. I don’t talk much about my personal life and never thought that I’d feel inclined to share very personal information or muses with the whole world. But here we are. You have no idea how scary this is to write but let’s just tear the bandaid off right away. Our assets total $486,238…

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