In a recent blog entry, I wrote about living for today, since you only live once (YOLO). I touched upon why today might be the day to start living your life fully. It is important not to put off to tomorrow those things that are important to us today because, the truth is, none of […]
Saving
Financial Considerations for downsizing our home
We have spent much time and energy considering downsizing from our current home in Sedona to a smaller townhouse located less than a mile away. My in-laws own the townhouse, currently rented on a month-to-month basis. The downsizing subject is an ongoing discussion over coffee in the morning or sipping a glass of wine while […]
Marriage: A father’s letter to his daughter
Our daughter is getting married in a couple days and I thought it might be good to put my thoughts down in a father’s letter to his daughter. I do not believe she is aware of this website or blog, but will certainly find it at some point. Sweetie, I hope someday you enjoy my […]
A Tale of Two Employees’ Finances: “Boot”
Worldwide, there is panic over the recent, drastic stock market decline. Fear seems to be in the air. Who knows how far the market will fall? What will the short- and long-term effects be on the economy? I thought that this period of uncertainty might be an excellent time to reflect on those of us […]
Step 4: Test drive living on less income
This article is the fourth in a series of seven that will discuss our approach to reaching financial independence, and determining key criteria for success. If you have not already read the third step covering replacement costs, please take a minute to visit that post. This article will discuss the reasons you should test-drive living […]
Step 2: Create a Passive Income Stream
This article is the second in a series of seven that will discuss what it takes to reach financial independence. If you have not already read the first step, which covers budgeting, please take a minute to visit that post. This article will outline why you should create a passive income stream. When I first […]
Are we there yet?
Today we have a treat with a post from my wife. I thought it might be interesting for people to see life in the household from my better half’s perspective. I hope you enjoy it, and please do leave feedback and ask questions. Do you find yourself focusing more on the future than living in […]
Save money: visit the desert in the summer!
My wife and I went to Scottsdale, Arizona, for a nice getaway and a change of pace from staying at home. It had been several months since we had been in the Phoenix area, so we took a short trip to celebrate the July 4th holiday and my wife’s birthday. We found out very quickly […]
26 Different Ways to Buy Stuff
Several years back I had an opportunity for one of those great teachable moments with my daughters. You know, when you can talk about a particular principle using a real life example, without sounding too preachy. I hope they will not only hear what I am saying but actually listen and understand. I believe the original […]
2 Secrets to an Aggressive Savings Strategy
How will you know if you have saved enough to retire by 30, 40, 50, or 67? There are numerous online calculators at TRowe Price, MSN Money, FIREcalc , Personal Capital, Fidelity, and others that can help you calculate what your needs are based on your current holdings, time horizon, and risk tolerance. My bet […]