July 2020 Financial Update:

Hello all, this month we spent a lot of money on various things for our house. We got a patio added on ($1,800), our ducts professionally cleaned ($650), and refinanced our mortgage! We went from a 30-year fixed rate mortgage with 4.75% interest to a 15-year fixed rate mortgage with 3.125% interest! Our mortgage paymentContinue reading “July 2020 Financial Update:”

June 2020 Financial Update

Hello all, hope you are all doing well considering the current state of our world. Here is our June 2020 Financial Update: Our Goal Financial Independence Numbers: $900,000 Invested to cover beyond our Living Expenses. $150,000 In Savings for Market Crashes or Emergencies. An HSA we are Maxing out every year while working for MedicalContinue reading “June 2020 Financial Update”

How I became Obsessed with Finance so Young:

I have been asked this question a couple of times by other adults in my life. I figured I should write out my response because it is a little complicated and I believe there are many contributing factors as to why I am obsessed with being financially “ahead” (I also think it is an interestingContinue reading “How I became Obsessed with Finance so Young:”

May 2020 Financial Update:

Welcome to the first Official Financial Update Blog Post. To start, as someone who lives in Minnesota, I cannot ignore the obvious injustices that are happening in the U.S. right now. I am not going to go in depth because this is a finance blog, but I have been extremely active in expressing my opinionContinue reading “May 2020 Financial Update:”

How to be better prepared for a Market Crash:

Market Crashes/Corrections are a fact of life and are necessary for a healthy economy. We need to expect that they will happen eventually and unexpectedly, so we need to be as prepared as we can. Emergency Fund: I have emphasized the importance of an emergency fund in some of my other posts, but I amContinue reading “How to be better prepared for a Market Crash:”

How to get Financially ahead in your Late Teens/Early Twenties:

Automatically Save and Invest Every Month (Even if it is a small amount!): Banks let you set up automatic transfers to savings accounts in any amount, you can even choose what day of the month you prefer so that it works well with your pay schedule. The key is to get in the habit ofContinue reading “How to get Financially ahead in your Late Teens/Early Twenties:”

What I’m doing Financially about Coronavirus

We are all currently going through a weird, crazy, stressful time for many varying reasons. Now is not the time to panic and drastically change how we are approaching our finances. I personally am continuing to act as I did before, but maybe invest more than usual because prices are lower. I personally do notContinue reading “What I’m doing Financially about Coronavirus”

10 Step Plan to Financial Freedom:

I have read many financial guru’s books and websites. Including, Kristy Shen, Robert Kiyosaki, Ramit Sethi, Dave Ramsey, etc. They all have different versions of how they got rich and different tactics they recommend, such as a six week program, seven baby steps, or 10 year long process. I don’t 100% agree with some ofContinue reading “10 Step Plan to Financial Freedom:”

How I graduated with a two year degree debt-free:

Some quick notes before I start: My parents did not pay for any of my schooling whatsoever. I got 0 scholarships (I tried and applied every semester), I come from a middle-class white family. I was making $11.50-$15.00 an hour at the time of paying for my tuition. I was moved out and paying rent.Continue reading “How I graduated with a two year degree debt-free:”

List of Financial Resources I Highly Recommend:

Podcasts: Listen Money Matters– Two intelligent and entertaining men discussing various financial topics while drinking beer. The Mad Fientist– A man who reached Financial Independence at the age of 34 and now interviews others who are also financially successful. Books: Retire Young Retire Rich- By Robert Kiyosaki The Millionaire Next Door- By Thomas J. Stanley,Continue reading “List of Financial Resources I Highly Recommend:”