January 2015 – Detailed Financial Report #1
Last week I announced after I created the new Financial Stats page that I would also be publishing a detailed financial report on a monthly basis. In these monthly reports the plan is to give you all a month over month update on Gross Income, Assets, Liabilities, Net Worth. There is also a detailed break-down on Expenses, […]
Financial Stats for Gross Income and Net Worth Now Have a Dedicated Page
When I first started this blog last year, I knew that I wanted to provide full transparency to my readers. The best way to do this is to post my own numbers. The dedicated Financial Stats page, which can be found under the Menu at the top right of this website (click the menu icon and the pages […]
The Slight Edge
The Slight Edge is by far the best book I have ever read (so good that I just read it for the 5th time). It literally is the handbook to success regardless of the endeavor. It is a philosophy that has and will stand the test of time. This is the “Holy Grail,” if there ever was such […]
The Mortgage Snowball Strategy: Pay Your Mortgage Off In 5-7 Years
In a previous post, I mentioned that I had recently become debt-free outside of the mortgages on my primary residence and investment condo. In that blog post, I announced an outrageous goal of paying off the mortgage on my primary residence in 7.5 years. I gave you the Cliff Notes version there of the strategy I […]
The True Financial Death!
Do the thing, get the power. – Ralph Waldo Emerson It’s the day after Christmas and I find myself at a Starbucks at about 5:45am, while my wife and family are still sleeping for another couple of hours. We are just passing through for the night on our way to Bryce National Park. I was […]
A Certificate of Deposit that returns 100X my Chase savings interest rate
As we all know, interest rates are at all-time historic lows, and therefore so are the interest rates paid on many savings accounts out there. I remember the days before the financial crisis when you could open an online only savings account through HSBC and collect a 5% interest rate. At the time I was […]
Fail Forward and Make Mistakes to Reach your Goals In 2015 And Beyond
So many people are afraid of failure and what others will think of them that they never really truly attempt their deepest desires. I am here to tell you that it is okay to set a goal and fail. Just think, Thomas Edison failed 10,000 times before he invented the light bulb. But he didn’t […]