Everyone has similar financial goals – save for emergencies and retirement, but what about beyond that? If you haven’t thought about what you’ll leave behind for your children and even their children, it’s time. When you talk about true wealth
One of the greatest feelings in the world is when you see money flowing into your bank account after your hard work pays off. That feel-happy, positive psychology emotion peaks as you’re now able to go spend money that will
Everyone wants to find the best investments. That’s a natural thing to want. However, it isn’t that simple. Are we looking for the best investments for the long term? The best investments right now or for the next couple of
Investing is a tricky subject. You can invest passively, actively, or a combination of both. And everyone has an opinion on which is the best. This is why the developers of Webull created an active online trading interface with lower
When anyone looks into purchasing stocks or investing, people sometimes overlook index funds and lean towards heavy-hitting, high-risk, high-rewards individual stock picking. While those can be a great way to make large amounts of money over time for your portfolio,
Many of you know that if you try to take money out of a 401k or traditional IRA early, there will be a 10% early withdrawal penalty. This isn’t good news for the FIRE community, most of whom plan to
Maybe you are looking to diversify your investment portfolio, or perhaps you are a new investor looking to make an initial investment. We strongly believe that you should consider investing in low cost mutual funds or ETFs. Both VTSAX (Vanguard Mutual Fund)
What if we told you a 9-5 grind till you’re 65 doesn’t need to be your reality? The FIRE movement is about careful money management so you can leave the workforce early. Imagine ditching the life-sucking commute and endless unproductive
There are many reasons you may want to start building a capsule wardrobe. I mean, you didn’t land on this article by chance. You came here for a reason. Minimizing and simplifying our lives is more than a trend that Marie
As you start to save and increase your income, one of the most important steps you can take is investing your money. Many people struggle to know what to invest in besides the stock market. Granted, the choices are vast
We have arrived at that time of year when we all start to reevaluate our finances. Perhaps you are already feeling the impact of your Christmas spending, and you want to set financial resolutions for the new year to alleviate
It’s important to be thankful every day of the year, but the holiday season seems to bring out additional reflection. When I can convince family to participate, I love to have everyone go around the table during Thanksgiving dinner and
Investing in real estate is something we want to pursue as soon as possible in order to build up a diversified income for FIRE. We have heard many horror stories about how hard it is to manage properties both financially
Are you deciding between the Baby Steps and FIRE? Well, there’s really no contest. It’s no secret that big finance gurus like Dave Ramsey and his team have grievances with the FIRE Movement. On his radio show and on social
From the epic rap battle at the Plutus Awards to the lightbulbs going off in my head at the sessions, I’ll always remember our first FinCon. Even despite the Washington D.C. traffic. When we decided to purchase tickets, I was
Have you noticed that people don’t really talk about finances, i.e. unless they are complaining about them? Maybe it’s something you’ve silently been observing over the years, maybe it’s something you’ve been actively shushed about in polite conversations. Either way,
Getting organized is one of the hardest things to do when you’re getting your finances in check. Budgeting, paying all of your expenses on time and setting money aside for savings is quite the task. However, you can fix this
For those of you who may or may not have been living under a rock the past couple of years, Marie Kondo is the queen of tidying up. She created the KonMari Method to help families get control of their
Are you putting your money at risk by investing in the wrong type of funds? Deciding between index funds vs. active funds can affect your overall portfolio growth over time. The goal of every investment strategy is to make money.
Financial awareness and financial planning are the obvious skills that you can expect to learn along your path to FIRE. But FIRE is so much more than that! It is a mindset, a lifestyle, and a community. We have picked
There’s one thing that’s going to take a while to get out of my head. Beep. Me robotically: “Thank you for calling….” Multiply that by about 60 additional calls back to back all day, Monday to Friday. That’s enough beeping
Much like you can’t build a house without a hammer, a car without a wrench, or a cake without a spatula, you can’t build your empire with the wrong budgeting tool. A proper budgeting and investment tracking tool is a
Have you thought about what investing in yourself means? Day in and day out we run ourselves ragged investing in those around us, and we so rarely stop to think about filling our own cup. Taking steps to set yourself
Student debt in America is at a record-setting high, hampering most post-educational dreams of independence and prosperity. The crippling debt staring down at borrowers, a memento mori. It’s no secret that student loan debt is a burden for most people
Summary of the Book Scott Rieckens discovered the FIRE movement at age 33 while listening to Mr. Money Mustache’s interview on the Tim Ferriss show in February of 2017. Five months after listening to this episode, he quit his job. He