Redefining The American Dream: MotherFIer’s Story

Redefining The American Dream

After immigrating to the US, MotherFier and FatherFier built a typical American life. They went to college, got good jobs, and found themselves deeply in debt. It wasn’t until they were considering building a 4,000 sq ft custom home that they woke up to discover that their American Dream was really a nightmare. Facing huge payments made them realize that this was not the life they wanted, so they started … Read more

6 Life Optimization Hacks To Be Happy Now

6 Life Optimization Hacks To Be Happy Now

In the FI community, we are constantly looking for ways to optimize and make changes for the better. It’s a given that most of our community members are constantly finding life hacks to improve life, to be happier, healthier, and more in tune with what matters most. If you’re looking for ideas to be happier now, we have some life hacks you can experiment with to help move the needle for … Read more

Preparing For Baby: What Do You Really Need And What Can You Skip

Kids can be expensive. According to the USDA, it would cost the average two-child married family a total of $233,610 to raise a child born in 2015 through age 17. Of course, the average family isn’t a family chasing financial independence (FI). Some of that cost is lifestyle and choice. My wife and I had our first baby just a couple of years ago. As first-time parents, we had no … Read more

How Estimated Quarterly Taxes Work

How Estimated Quarterly Taxes Work

If you’re taking on a side hustle or you’ve launched your own business in your post-retirement life, you may have little experience in handling your own estimated taxes. While almost everyone is required to file a tax return by April 15th, the self-employed will have some regular tax bills throughout the year. The basic rule of thumb is that if you think you will owe more than $1,000 in taxes … Read more

6 Types Of Travel Insurance That Will Save You Money

6 Types Of Travel Insurance That Will Save You Money

Vacations are supposed to be an escape from the daily grind and all of your worries. But what happens when life’s troubles decide to tag along for the ride? Here are six types of travel insurance that will protect your vacation and save you money. 6 Types Of Travel Insurance That Will Save You Money Travel insurance can come in many forms, some of which you may not be thinking … Read more

Forget Retiring Early–Go For A Fully Funded Lifestyle Change Instead!

Forget Retiring Early--Go For A Fully Funded Lifestyle Change Instead!

Fully Funded Lifestyle Change is different than FIRE (Financial Independence Retire Early) because it doesn’t require “retiring”. A Fully Funded Lifestyle Change (FFLC) means saving up enough money to make a major change, such as starting a business, moving out of the country, or just simply spending more time with family. If you consider that most people are approaching FIRE with the mentality that they will find something new to … Read more

20 Household Expenses You Can Cut Today To Save Money

20 Household Expenses You Can Cut Today To Save Money

Reducing your household expenses and increasing your savings rate are important steps on your journey to FI, but sometimes it can be challenging to actually put it into practice. If you’re looking for practical and realistic ways to cut your expenses, there are a lot of possibilities. In this article, we’ll take a look at expenses many of us have that could be significantly lower, or even eliminated altogether. Hopefully, … Read more

How To Save Money By Sharing Subscriptions, Memberships, And Services

How To Save Money By Sharing Subscriptions, Memberships, And Services

There are lots of ways to improve your financial well-being by making small changes. Today, we’re looking at sharing different subscriptions and membership accounts with family and friends. There’s no need for your kid in college to get their own Amazon Prime, Netflix, or HBO accounts or get their own cell phone plans when it would be cheaper for you and them to share. Here’s how different memberships, subscriptions, and services can help … Read more

How To Get The Most Out Of Your Hobbies

How To Get The Most Out Of Your Hobbies

Having fun is fun. But, for many in mainstream America, hobbies are costly ventures that suck us into continually buying new stuff. Stuff we use to pass the time before we return to our day jobs. Where we earn money to buy more stuff for our hobbies. Yikes. Anyone that’s set foot into a Cabela’s or a Hobby Lobby knows how expensive an interest in fishing or scrapbooking can become … Read more

How Getting More Sleep Will Improve Your Finances

How Getting More Sleep Will Improve Your Finances

Burning the candle at both ends is more than a way of life–it’s an American past time. In a country that values productivity, success and the “hustle” mentality above all else, it’s no surprise that most people fail to meet the standard for a healthy sleep habit. But as research is beginning to show, you can’t cheat the Sandman. Productivity and sleep are closely linked, and people who skip out … Read more