What is really involved in “Going FIRE”. Do you simply save 25 times your annual spending then walk into work and tell your boss to “piss off”? Find out “how to FIRE “with these videos. To Retire Early with $2.5 Million We Took These Actions (13 minutes) Key Takeaways Calculate you FIRE Number Calculate your …
OBJECTIVE: Use current spending as a starting point to estimate retirement spending and income requirements How would you feel if you knew you could have a simple yet comfortable life going forward without ever making more money? Unless you plan to work until the day you die, most of us are hoping to reach this …
One person tells you to invest in an S&P 500 Index Fund, another person tells you how much money they’ve earned with Bitcoin, yet another has a hot stock tip from their brother-in-law… Who should you listen to? Who indeed…. There are quite a number of personal finance experts recommending broad-based low-fee index funds like …
Why you should consider Broad-Based LOW-FEE INdex Funds like the S&P 500 Read More »
This week’s ice breaker discusses behaviors that you should consider red flags when you encounter them. The Financial Diet – 7 Money Habits That Are Red Flag Behaviors (16 minutes) Key Takeaways: tbd Discussion Questions: tbd
WEEK FIVE OBJECTIVE: Set up recurring automatic transactions for at least $50 per month. WEEK 5 ICEBREAKER: 7 Money Habits That Are Red Flag Behaviors Planning is over. It is time to move real money! We suggest setting up 5 recurring automatic transactions to five different accounts. Why not follow week four’s money cascade plan? …
Week Five: Summary The $50 Experiment in 5 Steps Read More »
This week we start with CONTRAVERSIES!!! The Financial Diet Video below describes four controversies that “experts” can’t agree upon. Watch along and decide for yourself! The Financial Diet – 4 Controversial Money Decisions Experts Can’t Agree On (12 minutes) Key Takeaways: Financial Experts continure to debate the following issues: Emergency Fund vs Paying Off Debt …
Week FOUR ICEBREAKER: 4 Controversial Money Decisions Read More »
WEEK FOUR ACTIVITY 1: CREATE YOUR MONEY CASCADE Leave a Comment / Uncategorized / By admin The Conscious Lifestyle Inflation Plan may work for you if you having been saving and investing for several years (even if only in your employer 401K or 403B). First a thought experiment: If you suddenly inherited money from a long lost relative so you …
WEEK FOUR ACTIVITY 2: Create Your Conscious Lifestyle INFLATION PLAN Read More »
EVERYONE should do this budget… well, there may be some exceptions but YOU are not the exception (if you are 99.9999999% of adults). Have you ever made a new-year’s resolution to create a new habit that you would do daily, weekly or monthly forever only to abandon it a few weeks later? Everyone does. Forbes …
The Money Cascade may work for you if you are in the first half of your financial journey. It’s time to get a pencil, a good eraser, this week’s printable, and a cozy blanket. You are going to figure out how to use money to make far-future you, 5-years-from-now you, AND current you have the …
YouTube – The Ramsey Show – Highlights – The 7 Baby Steps Explained – Dave Ramsey (8 minutes) KEY TAKEAWAYS Do I recommend Dave Ramsey? Maybe? With reservations? His program is simple and easy to understand. Dave Ramsey believes in the power of the individual to improve their circumstances in life. These are good things. …
WEEK FOUR LEARNING MODULE 1: LifeStyle Inflation and Conscious Spending Read More »