Why I shouldn’t be allowed to buy cars anymore

Why I shouldn’t be allowed to buy cars anymore

Ah, cars; they’re both a blessing and a curse, and for those like myself who live in the middle of suburban sprawl, they’re also pretty much a necessity. Aside from a few years right before and right after I first got my license, I’ve never really cared too much about specific types of cars, so I’ve always been pretty frugal with the vehicles I’ve bought. Careful with my cars though? That’s another matter. First car: 1990 Ford Probe. Bought outright…

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Happy New Year: 2017 net worth update and look ahead

Happy New Year: 2017 net worth update and look ahead

Welcome to 2018 everyone. I plan to do monthly net worth updates here, but considering the first one is December, it seemed like a good time to review 2017 (and earlier) to give a good look at how far we’ve come in 2017. If 2016 was the year Mrs. FIonLife and I discovered FI, 2017 is the year we went all in, committing to spending less and upping our savings rate. As a result, we increased our net worth by…

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Staying the course (or how I lost $112,282.47)

Staying the course (or how I lost $112,282.47)

It’s 2007. (OK, I know it’s actually 2017, but for the sake of this post let’s pretend it’s 2007 for a second). A young, fresh-faced Mr. FIonLife has just graduated college, secured a big-boy job making $30,000 per year and is back living with his parents basically rent free. With very few expenses other than some student loans, he seeks options for what to do with his paycheck. He’s never had so much money coming in on a regular basis…

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The ‘ah-ha!’ moment of FI

The ‘ah-ha!’ moment of FI

Everyone knows that couple that dated for a short amount of time, broke up but then consistently had random flings for years, to the point where you just want to shake them and tell them to just commit already. In other words, the Ross-and-Rachel type. That was my relationship with personal finance prior to the beginning of 2016. If it was an actual relationship status on Facebook, it would have been the ever-ambiguous “It’s complicated.” I went through life spending…

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