Reader Case: Trapped in Success
Hi y’all! Can you believe it 2019 is almost over? Wow. It’s been another crazy year. So, before the year comes to a close, I’m going to tackle a reader case or two. Without further ado, here we go! “Your gross/net annual family income: Wife (Software Dev.): $120k gross Me (Accountant self-employed): $399k gross (pre-expenses) Total Gross: $295k Net: $238k (Doesn’t feel like that much!) Your monthly family spending: $21k For any debts you have, please include: Primary Residence • The interest rate: 2.75% 7/1 ARM • Your minimum monthly payment: $5,150 • The outstanding balance: $997k No student […]
Reader Case: Can I Retire to Colombia in 5 Years?
When we started writing Quit Like a Millionaire, we never expected the sheer impact it would have on the lives of real people. It’s one thing to have blog readers write in and say “I love your blog! I sent it to my friend!” but a whole new level to get e-mails saying “your book changed my life.” And as wonderful as these e-mails are, I sometimes wonder if our message is received quite the way we intended, especially when we get e-mails like this: Dear Kristy and Bryce, I just finished reading “Quit Like a Millionaire“. And I feel […]
Reader Case: Take a Stressful Job to get to FI Faster?
One of our favourite things about writing a book and blog is getting reader e-mail. And one of our favourite type of reader mail is the reader cases. Sometimes I wish we could clone ourselves so we can answer each and every one of the reader cases, but between the book promotion, blog, and hanging out with our Chautauquan friends all over the world, we no longer have the time time to answer every single e-mail. We have to choose wisely. This latest one stood out to me because of a question that’s plagued many readers and Chautauquans, and after […]
Reader Case: Going Back To School In His 50’s
Usually when I read an email from someone asking for a case study, I can usually tell where it’s going within the first paragraph or so. This one, however, I must admit I started getting more and more alarmed the more I read. Our reader has made some…let’s say…expensive mistakes over their life, and as a result is writing to us at the age of 50 with no money and still going FURTHER into student loans. Needless to say, I wasn’t hopeful that we could pull him out of his financial nosedive, but people who know me know that I’m […]
Reader Case: At the Starting Line to FIRE
Hey everyone! In our continuing struggle to get back to a somewhat normal posting schedule, today we decided to do a reader case! It’s been a while, hasn’t it? A recurring theme we’re getting from customer reviews of our book is that they “wish they knew all this 20 years ago!” To those people, I always respond that it’s never too late to get started, but to their point all this information we present does have the greatest impact on a person’s life if they receive it at the beginning of their working careers. Fortunately, today’s case comes from someone […]