Reader Case: Young and Worried About Finances
Hi y’all! It’s been a while since we wrote a reader case hasn’t it? Well, back by popular demand, here’s one from a 25-year-old who’s worried she’s behind the curve when it comes to her finances: “I just finished reading Quit Like a Millionaire (in one day, couldn’t put it down!) and I am feeling very inspired. However, I am NOwhere near where I should be at age 25 with my finances. I’ve been putting off creating a budget, retirement plans, and saving since I graduated college and I’m not sure why. I feel like there are probably a […]
Why You Don’t Trade on the News: A 2019 Recap
- The “Keep Your Rent” Movement: Are The Rent Strikers Freeloaders? - March 30, 2020
- In a Crisis, Cash Flow Is King - March 27, 2020
- Return of the Bear Market: Are You Ready? - March 16, 2020
As we come up to the end of the 2019 rolls to a close, it’s natural to get reflective this time of year about all the stuff that’s happened over the last twelve months. And as I do I realize HOLY CRAP has a lot of stuff happened! Let’s take a look back, shall we? The Longest-Ever Government Shutdown Last Christmas seems forever ago, but let’s not forget that 2019 started off with absolute anarchy in the Federal government. Trump was demanding money to build that wall of his (wasn’t Mexico supposed to pay for it or something?), the newly-Democratic […]
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 […]