I spent the last 3 months using Acorns to see how it worked and if it was worth the money (it’s “free” but they charge you fees, I’ll cover that later). I had read a couple reviews online but I wanted a first hand experience from someone who had used the […]
The Right and Wrong Way to Think About Spending
A couple days ago, Mr Money Mustache posted an interesting article on how he calculates the cost of large purchases. It was called The Twenty Dollar Swim and after reading the article I agreed with it, but after thinking about it for a few more days I started to hate […]
The Ultimate Guide to Using FIRECalc
Retirement Planning Made Easy: A Simple Guide to Using FIRECalcFiguring out how much money you need to save for retirement can be a pretty complicated exercise. To simplify, most people use the 4% rule. The 4% rule is based on the famous Trinity study which says:You have a 95% chance […]
Cricket Wireless Review – How To Cut Your Cell Phone Bill In Half And Get Better Service
The year is 2010 and cell phones are blowing up (popularity wise, not in a Note 7 way). I had just switched from Sprint to Verizon with a beautiful plan that came with:700 minutes per monthUnlimited text messagesUnlimited data (!!!!!)That’s right kids; unlimited data used to be included in almost […]
What Is The Average Return Of The Stock Market?
One of the most important numbers in the world of FIRE (financial independence/early retirement) is known as the 4% rule. This comes from the well known Trinity Study that found the optimal portfolio drawdown rate was 4% of the initial balance. If you assume that inflation will be around it’s historical average […]
Buy It For Life – Good Investment or Overpaying?
Buy It For Life – Good Value or Waste of Money?Over the last couple of years there’s been an increased interest in the idea of buy it for life. The ‘buy it for life’ philosophy is simple:Instead of paying $10 every 6 months for a cheap water bottle, spend $30 for a […]
