FIRE Financial Independence, Retire Early
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What’s Your Relationship With Money?
This week we’ve been talking about FIRE. Sometimes achieving financial independence involves changing the way you think about money. Sometimes we don’t know about the bad relationship we have with our money until some major setback happens and we realize we’ve been spending more than we earn or the savings account has just a few pennies in it. What better time to look at your how you view money than to take part in Angela of Laptop YOUniversity’s upcoming Money Master Challenge. Recently I asked her some questions about it and here’s what she had to say- BSG-How did you come up with the idea of the Money Master Challenge?…
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Instant Gratification Can Extinguish FIRE
It’s Sunday late afternoon, heading into early evening. The neighborhood’s been quiet all weekend but suddenly the sound of lawnmowers ruin the tranquility. You look out and see people in their yards rushing back and forth behind the mowers, sweat pouring from them, and an anything but happy or peaceful look upon their faces. In fact, they look worn out, they look downright miserable because once they’re done with this chore, it’s a quick meal and then to bed, ready to get up the next morning and head to work. Why do these people leave the lawnmowing chore until Sunday evening, and why the less than happy look? They’re the…
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Let’s Start Talking About FIRE
Fire, no, not the type you use to keep warm or start to cook food, but FIRE otherwise know as Financial Independence, Retire Early. One or both of those things might sound good to you. I’m probably not going to go with the Retire Early part, but I’ve always loved the idea of financial independence. Yes, even before it became a catchphrase. The having enough money as not to be dependent on something else be it a person or otherwise for your everyday needs and long term survival. Never having to worry about losing your job because you’ve got enough saved to tide you over until another one comes along.…
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Are You On Track With Your Financial Goals?
We’re almost mid-way through the financial summer makeover/challenge so how are you doing? Are you on track to meet the financial goals you set? Here’s my update. I’ve been keeping track of money I spend and what I spend it on. It’s taught me a couple of things. One, there’s always room for improvement because even the most budget conscious of us will splurge once in a while. It’s human nature I guess, and yes, like a diet it’s sometimes a good thing because it stops you from going off the diet completely. Second thing is that being accountable if only to myself, is improving my ability to be totally…
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