1) Real-Estate Agents 2) Mortgage Lender 3) Title Company This is basically the law office that is going to mediate the transaction between the buyer and seller. Sometimes you can shop for this service and sometimes you can’t. It depends on your mortgage lender and your real-estate agent. You can and should ask what each…
To be clear, we are not saying to stop buying stuff. Contrary to popular belief, Financial Independence does not mean you have to stop spending entirely or even allocate every penny toward retirement. Instead, we believe in becoming more intentional about our purchases, spending on things that will bring true value to our life. As…
I am a teacher with seven weeks of school left until summer and I am definitely ready for a break. I have a lot of great professional development planned and I also have some relaxing trips to enjoy. Additionally, I’m a father of a 4-year old who will be attending summer school which will leave some much needed ME time.
Hey, it’s kind of like a math equation: summer break + son in summer school + wife still working = hobby time for me.
https://www.youtube.com/watch?v=kB8BTIX7_Mg&feature=youtu.be Final Thoughts:
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):
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.
[Editor’s Note: This is an independent post written by Jack. This post may contain affiliate links. Please read our disclosure for more info.] What to invest in? Jack@TeachFI’s Portfolio: How Do We Keep Track? We generally rebalance as we add new money to our portfolio using columns I & J as guidance; however, we also…
I’ve filed my own taxes (using tax software for convenience compared to the paper forms) for about six years now. Mike Piper and I agree that there are huge benefits in learning the basics of filing your taxes. I know there were for me. Not only did I save money by not hiring out, but I also learned how to maximize the ROI of my investments and lower my overall tax burden. I am confident reading his book and/or using google/forums as you file on your own will allow you to make more informed decisions about your financial planning, which will, in most cases, also result in a lowering your effective tax rate.