My goal for FI is $1.2 mil net worth. I'll call $1.2 mil my "number". My primary residence is excluded from my number, since it doesn't produce cashflow while living in it. I'm also not including any stock we hold from old privately-held employers. I hope we can cash those out someday but have no … Continue reading My quick plan for financial independence
WARNING, this post may be more dry than some others... Lots of numbers and graphics... It may not be as entertaining or short as my other posts. But if you apply what I'm saying, it'll likely save you a few thousand dollars the day you sign for your next home purchase... and maybe a little … Continue reading You need to shop harder for a mortgage
One of the more frequent questions I get from friends is "how much should I contribute to my 401k?" While there is not 1 right answer for everyone, there are a few things everyone should consider. Also consider that 401ks are still relatively new in the investment world. They've only been around since about 1980, … Continue reading How much should I contribute to my 401k?
If you're not familiar with the term credit card churning, here is a quick summary: you apply for multiple credit cards, get all their sign-up bonuses, pay them off, and close them (often before getting charged annual fees). I've churned through several credit cards and will probably go through several more. There are a lot … Continue reading What is credit card churning and how do you do it?
I get a thrill out of saving money. Some saving comes with more hassle/work than other saving. I'm sure my tolerance level is higher than most, but I'm definitely not cut out for Extreme Couponing at the grocery store. Often the benefit/thrill of saving 20¢ on a jar of pickles isn't worth the hassle of … Continue reading Savings on Every Purchase
Kauai is probably our favorite travel destination so far. After our first trip, we seriously contemplated moving there. We went two years ago with some friends, and several of us used credit card hacks to keep costs down. Between a couple credit card bonuses, it's pretty simple to get flights and fancy hotels covered. Here's … Continue reading How to book a Hawaiian vacation for free
I'm a huge basketball fan. Prior to self-employment, March Madness usually involved me trying to discretely follow tournament games while at the office. In 2016, I told myself that next year I'd take two vacation days to watch the opening round of March Madness. I pursued self-employment in summer 2016, but I made sure to … Continue reading March Madness and Financial Independence