We are currently undergoing our first refinance, and have been learning as we go. We are a little late to the game, and not capturing the best rate we could have … reason being is that we were on the verge of moving when the rates bottomed out. Our local housing market in the price
Can Investing In Pokemon Cards Help With Reaching Financial Independence?
For many of us who were children in the 1990’s, Pokemon was massive. We grew up experiencing the trading cards (as a boy, I was regularly trading the cards with my friends), the movies, and the games. Pokemon was everywhere. Fast forward to current times, and Pokemon is as hot as ever, only many of
2020 Recap – Did we get closer to reaching financial independence?
It’s December 30th, and we’re right at the end of 2020. What a year it turned out to be for the world, for our friends, and for our family. Outside of focusing on financial independence, 2020 created some very unique experiences with our kids … they are young enough that their memory only has recall
2020 Q1 CheckIn
We’re beyond Q1, but this gives an outline of how we’re pacing for 2020. Coronavirus took a hit to our investments, but we kept on going. We do not intend to liquidate anything at this point. Emergency Fund Contributions: $10,000 IRA’s: $2,951 Remodel Remodel ended up costing $25,000 (vs $15,000 planned) 529 Plan $100 Spouse
Our 2020 Financial Tool kit For Savings, investing, and budgeting
This year is going to be interesting for us. We’ve been tackling debt for several years, had to deal with some home repair issues, but now we finally get to focus on investing quite a bit. High level goals for 2020: Max out traditional IRA’s (our income disqualifies from Roth IRA) Max out employer match
Step By Step Guide To Building A Financial Independence Roadmap
Building a financial independence (FI) roadmap is key to understanding when you can act on your financial independence, how you will reach your goal, and what your goal number actually is. It also acts as an accountability tool, and will allow you to see the downstream affects of an adjustment you make earlier on in
SOFI Review: How We Refinanced Our Student Loans
My spouse and I both refinanced our student loans with SOFI around 8 months ago. We had several loans between the two of us that were unnecessarily high, and a few variable loans that looking back should have been fixed. We spent several weeks doing research on various refinancing sites that specialized in student loan
The Beginning: Refinancing Our Student Loans
Around 8 months ago we finally got serious about building our net-worth. We had been out of university a few years, lived in high-rises downtown, taken exotic trips, and lots of fun. However, our net worth was still negative by quite a bit. At this point we were not following a budget, and not aggressively
5 Easy Habits I Used To Achieve An 800+ Credit Score
I recently crossed the exciting line of an 800 credit score. It’s exciting, but in reality nothing has changed. The habits used to reach this are extremely easy, and really are habitual processes that you can use in your FI journey. A credit score is extremely beneficial in getting low mortgage and loan rates to
Paying off $30,000 USD of Student Debt in 1 Day
Recently we paid off approximately $30,000 USD of student loan debt. We were fortunate to close out an investment that we had for a few years, and have set aside the necessary amount for tax time. It’s an amazing feeling to see the accounts zero’d out now. Our remaining debt is as follows: vehicle loan