Over the past 100 years, the stock market has returned %10 annually. There have been some major recessions in the past, but overall, the stock market always tends to come back stronger. There are many reasons why I choose to invest in stocks and promote investing in stocks. The main reason is simply because the stock market … Continue reading The Calm Before The Storm – Earnings Season Incoming!
No one is perfect, and that includes me. Everyone makes mistakes and there is no reason to feel ashamed about the past decisions we have made in life. My past few articles have all been focused on why a high savings rate is so important for early retirement, savings strategies (fixed and discretionary), and extreme … Continue reading 5 Biggest Savings Mistakes I Have Made
The dollars saved from using a cloth diaper instead of disposable diapers for babies is roughly $35-$80 a month, $420-$1020 a year! This comes out to savings that amount to over $2000 over the lifespan of the infant. (link) $80 a month may seem like a lot of money to some people. To others, $80 … Continue reading Frugal Enough To Use Cloth Diapers?
This is my 3rd part follow up to “Why Conventional Saving Will Never Lead To Financial Independence and Early Retirement”. In this article, I will go over in great detail what a retirement fund is and some common misconceptions. Before I go over saving allocations for your retirement, you must focus on: Reducing Fixed Expenses (part … Continue reading What Is A Retirement Account? Asset Classes Explained
Food is expensive Typically, the most expensive costs in life are related to fixed expenses, such as transportation, housing, and taxes. Fixed expenses, on average, consume about %70 of the average American’s pre-tax income. This can be seen in the statistic below, analysis from the Bureau of Labor Statistics based on the average American household. … Continue reading 3 Food Hacks To Save Big!
PC In my last article, I go over exactly why it is so important to save as much of your income as possible. There are many ways to start saving more, but the most impactful way to save more is to minimize fixed expenses. I am not saying that you have to get rid of … Continue reading 2 Ways I Cut My Monthly Expenses
Save As Much As Possible! Consistently, it seems that conventional wisdom as promoted by ‘experts’ and The Government has failed society as a whole. Whether it is the realization that the food pyramid that has been promoted to us since childhood actually leads to terrible health or that marijuana was unjustly demonized by the media … Continue reading Conventional Saving Advice Will Never Lead To Financial Independence And Early Retirement!