The other day I was playing chess with my eight-year-old son on one those giant boards with toddler-sized pieces when I realized that personal finance is like a game of chess. You could win in a few moves or it might take you thousands of moves before you get that checkmate.
Let me introduce this 4% rule, upon which, I am willing to stake my entire retirement portfolio. And then, we will cover exactly how much money you need to retire according to “The Rule of Tweenty-five”
The FIRE (Financial Independence Retire Early) Movement is a lifestyle movement with a goal to achieve financial independence and the ability to retire early, much earlier than traditional budgets and retirement plans would allow.
Turn your largest liability into an asset on your path to financial independence. Reduce or eliminate housing costs or even make money from your home.
I went to the screening of Playing with FIRE in Atlanta last weekend. Here are my thoughts on this incredible experience.
Tomorrow I’m leaving for Atlanta to attend the premiere screening of a new documentary film that I helped sponsor called Playing with FIRE. I helped sponsor this film because it is the first film that documents the lifestyle of a couple as they move through the FIRE journey.
Is four jods too many? The burn out is real. W-2 employee by day, personal finance blogger by night, hunting guide on the weekends, and merch sales between.
There certainly are bloggers out there that make mini fortunes, Michelle Schroeder-Gardner is very transparent that she makes over $100,000 a month from her blog. Paula Paint is also transparent about how much she makes from her blog. She posts annual figures demonstrating her six-figure income. Mr. Money Mustache has also disclosed that he makes six-figure annual income from his blog as well. So is that what you should expect?
A short read today. I took some time off to hike the Appalachian Trail with an amigo named the Alchemist. However, a guest post I did for Money with a Purpose just went live! For that article, you will have to click here: “How This Man Went from Rock Bottom to New Life”
