Advantages of health savings accounts and why I love them There are some great advantages to health savings accounts. Do you have access to a Health Savings Account (HSA)? If you are not sure, look into it! HSAs are like a medical 401k plan but way better. In short, here…
With all of the recent coverage of the FI/RE community, there are some basic concepts that are getting lost in the noise. Financial independence seekers only need to focus on a few things. Below are three basic steps to build wealth: make money, spend less, and use the money…
It’s been over a year since our previous financial progress report. My goal was to get these financial updates up on the blog quarterly. I failed miserably. So here’s a quick update on our financial savings progress. In 2018, we were able to make the maximum…
7 steps that can help you reach financial independence and early retirement faster: When I started down the path of financial independence, I confess, I was confused by this whole notion of early retirement. Could I retire in my 40s? Have people really retired in their 30s? Tell me how…
The magic of compound interest, oh the MAGIC. Before I get overly excited let’s talk about the differences between simple and compound interest. Most people are familiar with simple interest. Let’s say you deposit $1,000 into an account earning 2% in simple interest. With a 2% interest…
