Is FIRE Realistic? 3 Practical Versions for Regular Income Earners
Discover if FIRE is realistic for regular people with 3 practical modified versions like Lean FIRE Coast FIRE and Barista FIRE for financial freedom
Why we Pay Too Much for Insurance (& How to Cut your Costs)
Most of us pay too damn much for insurance. Let me clarify… I’m not talking about how we shop for insurance, policy discounts we might be missing out on, or which providers we buy from (although all of those certainly can have an impact on insurance premiums). Rather, I’m talking about the level of insurance …
Is Organic Food a “Luxury”?
An interesting discussion ensued last week on my cheap vs. quality vs. luxury post on organic food and whether or not it is a “luxury”. In the post, I had given an example of a cheap vs. a quality good: $3 per pound pink slime vs. a $10 grass-fed organic steak, to which a reader, …
Frugality through Vegetarianism: How to Save $2-$3K Per Year & the Planet by Moving Away from a Meat-Based Diet
While we were in college, my wife and I made a gradual shift to becoming mostly vegetarian. It all sort of happened in an unconventional, non-life-philosophy-shattering sort of way… I was on this high-protein, low-fat, low-carb kick, and she was still eating a meat and potatoes type diet. My low-fat meals got her thinking about …
How to Get Cheap Dental Care without Dental Insurance
Ahhh… the dentist… 30 awkward minutes of staring at the ceiling in order to avoid eye contact or looking directly into a blinding light while answering small talk questions as a complete stranger sticks their fingers and pointy tools into your mouth. To continue the awkwardness, the dentist comes in to say hi and take …
How to Make Net Worth Calculations More Useful
A few years back, I had a little net worth bashing session. Over time (and with increased net worth) my view on this financial metric has softened a bit, but not much. A softer side comes from an increased appreciation for tracking the full value of all of the assets you have. It is hard …
Starting Down the Road to Financial Independence? Don’t Obsess Over Investment Returns, but you MUST Obsess Over this
The 20somethingfinance motto is “Get a Head Start on your Freedom”. “Freedom” is a bit ambiguous really, and as with a lyric on a favorite song, you can take it to mean whatever you like. But if I’m being honest about what “freedom” means for me, it is “financial independence“. Who wouldn’t want the freedom …
Managing the Gap Between your Reality & your Financial Goals
Most of us fail miserably at personal finance. In this country, personal savings rate are abysmal, net worths are tiny, and retirement savings are almost non-existent – across all age groups. Nobody intentionally wants to fail at personal finance, so why then are we so tragically awful at it? A tiny sampling of reasons includes: …
Credit Repair After Late Payments 3-Step Plan to Restore Credit
Learn how to repair credit after late payments with a simple 3-step recovery plan to rebuild your credit history and improve your score fast.
The Law of Diminishing Returns & Personal Finance
As human beings, we have the intellectual capacity to recognize that having certain things in our lives can add function, safety, entertainment, comfort, and even happiness at times. For example: And that last point is where things get a bit tricky. Our brains are very adept at recognizing when a basic need is met and …