Author: TeachFI

Not Spending Is Hard!

The weather is finally turning and I love it!  It was a long winter with so much snow and finally we’ve been having some warmer days full of sunshine.  The older I get, the less I enjoy the snow; ugh!

With warmer weather comes the feeling of wanting to go out and do more and spend more.  That’s not good for our budget so we work hard to control our tendencies and emotions to ensure we don’t break our budget.  If I had so much money that I never needed to work again and needed to figure out a way to spend all of my money, here are the things that I would buy right now (I included links so you can see what I would want):

Setting a BHAG

BHAG stands for Big Hairy Audacious Goal.  According to Wikipedia, a Big Hairy Audacious Goal can be described as a strategic business statement similar to a vision statement which is created to focus an organization on a single medium- to long-term organization-wide goal which is audacious, likely to be externally questionable, but not internally regarded as impossible.

While the Wikipedia definition is targeted towards an organization, I like to think a BHAG can be used when setting personal goals as well.

Featured Teacher

We’re teachers and we know being an educator is hard work.  It takes a lot of time to plan awesome lessons, teach with passion and provide quality feedback so our students can be the best humans that they’re capable of.  While it sounds easy, it is not. Often times, teachers are overworked, underappreciated, and undervalued. 

At TeachFI, we want to highlight and celebrate teachers. Every month, we will celebrate a teacher who is making a difference in their community.

So, let’s celebrate our Featured Teacher!

You Bought How Many Cars?!

I graduated college in December of 2006 and started my first job at a bank in January of 2007.  I had landed my dream job, the job I had wanted since I was a sophomore in high school.

Financial Independence On A Teacher’s Salary

First things first — my wife is a financial superhero.  She is the reason we were able to pay off $50,000 in student loans in 12 months (they were mine).  She’s the reason we have extra money to invest at the end of each month. She’s the reason we’re in the financial position we’re in.  Brace yourselves for what I’m about to tell you…

Budgeting Starts and Ends with Us

On Friday, February 1, 2019, my wife and I had our monthly date night. I made reservations for us at a new restaurant that had been recommended to us many times for their excellent atmosphere and food. I left work to pick my wife up from our home and she looked absolutely beautiful. We got to the restaurant, sat at our table, and then it began. See, this wasn’t an ordinary date and the conversation may not have been what you were expecting.

Beginning Our Journey To Financial Independence (FI)

Finances Financial planning has always been a passion of mine.  Luckily my wife is the same way. While financial discussions may be difficult or completely absent within some marriages, my wife and I enjoy talking about our finances and how we’re going to meet our next goal.  While the communication lines were wide open about…