Today is the third installment of the quarterly net worth update, but it is actually a full year out (I wasn’t blogging during the first quarter) from training at this point. My goal for this time point was to have $100,000 in assets at this point. Two years out I planned to have a positive net worth. To find out how I did, keep reading.
Month: July 2018
Two Tax-Efficient Ways to Minimize Childcare Costs
Time matters. Passion means something. Professional fulfillment also has a place. For all of these reasons and more, I’ve fully supported and empowered my wife going back. That said, child care expenses are hella-expensive. Today we will discuss two ways to ease the pain a bit: the flexible spending account and 2018 child tax credit changes.
The July Monthly Checkout: 2018
Each month I highlight some posts from other sites that I thought were particularly helpful reads. By way of curating the internet for these articles, I hope to save you some time in having to do so yourself. Â
Are Side Hustles the Best Kind of Asset Protection?
s I was watching one day, it started to amaze me how comfortable the birds were jumping from post to post on the feeder or from branch to branch. Often times at a distance taller than the bird itself. It dawned on me that the reason they are so comfortable taking this risk was because they knew if they made a miscalculation, they had wings. Today, we talk about how side hustles give us wings – and asset protection.
Attending Your Own Funeral: Thoughts on Finances and Legacies
After watching some of their interactions it became clear that something spectacular was happening. The patient was attending their own funeral. They were cognizant enough to have conversations with these people that clearly loved him. They shared memories and times together. What would you discuss if that happened?
The 100th Post: Traffic, Guest Posts, and Much More
I have posted three posts every week for 100 straight posts. This has occurred since the blog started at the very end of November 2017. Today’s post will break away a little bit from our typical content covering wealth building, financial independence, and wealth building topics to follow the progress of both this site. It’ll be fun to look back a few years from now and see where we were at this point. We will discuss traffic, my most popular posts, and much more.
Three Ways Being American Causes Financial Failure
Let’s bring you back to my roots as a philosophy major in college. Everything in philosophy is about “isms.” Some of them are religious philosophies like Buddhism and Judaism, or pluralism versus monotheism. Others are political in nature like communism or fascism. Today we are going to talk about another “ism” that dramatically impacts our ability to build wealth and achieve early financial independence: American exceptionalism.
Patient Perspectives #1: Financial Independence and Multiple Sclerosis
This is a guest post by Kate.  Kate is a nurse practitioner, financial independence junkie, travel fanatic, and homeschool mom. She blogs at On Our Way World. We have no financial relationship at this time. I hope to introduce this is as the first of many “Patient Perspectives” presented on this web site. Take it away, Kate!
Why My Broke Side Hustle is Better Than Your Main Hustle
People often focus on the monetary aspect of side hustles. However, it’s not all about the money. You can find satisfaction from side hustles in other ways. I’ll walk you through five reasons you should pursue your side hustle even if it might not make money.
Poverty in Older Generations: A History Lesson
A recent WSJ article looked into the poverty in our older generation and their inability to retire. It’s important to understand history or else we are doomed to repeat it. Come take a walk with me as we look at the reasons why they are unable to retire and how we can prevent this from happening to the current generations.
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