What is FIRE? It is definitely hot, but not in the way you might think 🙂 FIRE is an acronym meaning Financial Independence Retire Early. People like Vicki Robin, author of Your Money or Your Life, are credited with creating the FIRE movement. There are various levels of FIRE, but Read more…
Creating a vision for your retirement is critical to your happiness in your golden years. Jim and Beth retired 5 years ago. They were both excited to finally be done with work after over 30 years and were on to a new chapter in their lives. They had been dreaming Read more…
Over the years working in corporate America, I have encountered people who were self-proclaimed “trust fund babies.” They only worked to have something to do or to pave their own path in some way. I had a lot of respect for that, and at the same time, I found myself Read more…
Why you should consider an increase to your savings rate Living on half of your income can seem painful. However, it doesn’t have to be, and it can be done. Your rate of savings is the most important factor in driving your overall wealth. It has the power to drastically Read more…
Do you hope to retire at some point? Is it in the next 5 years? 10 years? 20 years? longer? Now is a good time to assess if you’re going to be ready. Do you know how much money you’ll need to retire? Read on. What retirement do you envision? Read more…
Should you pay your mortgage off early? Short answer, it depends. Home ownership is something you love or you hate. It can seem very costly. But, for many of us, owning a piece of property is the American dream. We bought our house in 2012. It was our 4th time Read more…
My beginnings formed my relationship with money. I grew up with a single mom. She consistently worked three minimum-wage jobs at a time to make ends meet. My childhood was the definition of scarcity. We didn’t have a car. We lived in government-subsidized housing. My lunches consisted of grilled ‘government’ Read more…