How To Stay Motivated For The Long Term

How To Stay Motivated For The Long Term

When you first start pursuing Financial Independence it’s obviously very exciting–you’re thinking about all you’ll be able to do when you’re free from financial obligations. But what happens a few years down the road? Cutting your expenses, saving more than half your income, investing, being as frugal as possible–it can be exhausting. When pursuing FI, it’s important to find ways to stay motivated. Motivation can come in many forms, so … Read more

How To Ask Family To Give Your Kids Money For Gifts

How To Ask Family To Give Your Kids Money For Gifts

If you are like most families, your kids have enough stuff. As members of the FI community, you likely would prefer to have a longer-lasting gift, such as a contribution to your child’s 529, or money towards extracurricular activities. Asking for money can be uncomfortable, no doubt. It’s about setting the stage, let the gift-giver know the reasoning behind the request and what the money will be used for. There … Read more

How To Downsize Your Home: 9 Easy Tips To Help You Live In Less Space

How To Downsize Your Home: 9 Easy Tips To Help You Live In Less Space

Housing is one of the biggest expenses for most people. According to the most recent data from the Bureau of Labor Statistics, the average person spends $19,880 on housing each year. Not only is the cost of housing increasing, so is the size of our homes. In fact, the average size of homes grew from 1,660 square feet in 1973 to 2,392 square feet in 2010, according to Census data. … Read more

147 | Negotiate Your Salary With Tori Dunlap

147 | Negotiate Your Salary With Tori Dunlap

Tori Dunlap talks about starting a business as a kid and negotiating your salary and her mission to help women earn their first $100k. For her, that means saving her first $100,000 by 25. However, her story starts many years ago. Tori’s Money Story From the beginning, she was an ambitious person. She was a straight-A student with tons of extracurriculars. Plus, she started a business at age nine! As … Read more

146R | Fork In The Road

146R | Fork in the Road

Brad and Jonathan discuss this week’s episode with Shannyn Allan, as well as talk to Chuck Jaffe and his thoughts about Financial Independence Retire Early. Brad and Jonathan also discuss skills versus a degree. Building Skills As a part of the path to FI, many decided to learn new skills along the way. These skills may seem disconnected but as you build a unique skill set you start to uncover … Read more

How Many Credit Cards Should I Have?

How Many Credit Cards Should I Have?

There are so many amazing credit card offers that it is easy to go overboard and apply for them all. But before you jump into the deep end of travel rewards, you need to ask yourself how many credit cards you should have. How Do Credit Cards Affect Your Credit Score? As great as some credit card benefits are, you don’t want to harm your credit score by applying for … Read more

Chore Charts, Ages, And Pay: Teach Your Kids Responsibility

Chore Charts, Ages, And Pay Teach Your Kids Responsibility

No matter how you slice it, being part of a family means that everybody should pitch in and help. Teamwork is an important part of running a smooth household. When children have chores, it teaches them responsibility, which can only benefit them in life. Teach Kids Responsibility With Chores It can be difficult to determine which chores are age-appropriate for which child, and if you decide to compensate them, how … Read more

Yelp For Business Owners Review: Great Return On Investment (A Case Study)

Yelp For Business Owners Review Great Return On Investment (A Case Study)

When you own your own business, the right advertising can help your ideal customers find you. If you already advertise online, you may be familiar with services like Google AdWords and Bing Ads. But have you ever considered advertising with Yelp for Business Owners? If not, you probably should–especially if your target customers are people who live in your local area. Nick Keesey, from the TheOrganizedCouple.com, recently tested out Yelp’s … Read more

146 | Embrace The Suck With Shannyn Allan

Embrace The Suck With Shannyn Allan

Shannyn Allan joins us to discuss “embracing the suck”–when life just doesn’t go as planned. Shannyn’s Story Shannyn’s money story starts when she was a broke graduate student in Chicago. She had started a blog to talk about how broke she was and how impossible it felt to survive in the city with student loans. At that point, it was just about saving money and being as frugal as possible. … Read more

145R | Stuck

Stuck

A discussion of what to do with a windfall, a review of turnkey real estate investing, and a meditation for stock market investors when the market is falling. Fincon In Main Stream News In last week’s episode, Brad and Jonathan discussed their experience at Fincon. This week, Brad found two articles about Fincon in the mainstream news. One journalist felt that Fincon needed to be more political. J.D. Roth wrote … Read more