I deeply believe that friends help friends dump debt. That good habits rub off. That you’re most like the 5 people you spend the most time around. These friends may just be the financial role models you need in your life. These may be cliches (I’m trying to turn the first into one personally), but...
Hey #teamdebtfree! We closed on the sale of a rental property with a unique story yesterday and profited $73,000 after owning it for just over 2 years. In 2018, we purchased two houses. My F.I.R.E. (financial independence / retire early) dreams include purchasing 2 properties per year that profit $500/month. If we maintain this pace,...
After a great conversation with a friend at church this weekend about the challenges of managing cash flow period and as a couple more specifically, this post seems spot on. The key to making headway on financial goals is controlling your spending. Common budget areas that are tricky to manage are food/groceries, entertainment, and unexpected...
Losing a job is devastating, especially if it’s unexpected. When you aren’t earning a regular salary, it’s easy to become mired in frustration and anxiety as you watch your debt grow. In this situation it’s important not to get overwhelmed looking at the downsides – you’ve got to take action, and quickly. According to Bruce...
For homeowners, mortgage payments are usually the largest item in a household budget. Have you ever thought how much your life could change if you were able to eliminate that expense? You might wonder if paying your home off early is something that is advisable to do at all. Some financial advisers recommend paying on...