A shorter version of this post originally appeared on the HumbleDollar, a blog I have long admired and one which I am honored to have had an article published on. You can read that version here. ** A Better Way to FIRE FIRE stands for Financial Independence, Retire Early. The idea is to get …
I don’t remember when I first read the parable of the Mexican Fisherman, but I still remember how it resonated with me. I’m going to expand on this in the next few weeks with a concept I’m calling Financial Independence, Redistribute Retirement™ (FIRR™), which is in contrast to the more popular FIRE movement. Update: Read …
If you’ve done any research on how to find and choose a financial advisor, you probably ran across terms like Fiduciary, Independent, Fee-Only, and Fee-based. It is probably not at all clear on what these words actually mean. Don’t beat yourself up, it can be confusing even for advisors. Finding and choosing are actually two different …
Dual-income families arguably have a harder time prioritizing their cash-flow simply because two separate sets of priorities are in play when it comes to where the money goes. Maybe you’ve heard Stephen Covey’s story about filling a jar with rocks (I changed it to golf balls because I like golf), stones and sand. If you …
