Save, Invest, and Retire Early
Over my entire career, the only international equity fund offered in my retirement plan has been a fund that tracks the MSCI EAFE. For those of us wishing to invest for maximum diversification, this represents a problem — that index covers less than 60% of the total international stock market!
Getting rid of this $523.51 car payment represents an absolutely massive 18.4% reduction in expenses. I can’t wait to see the effects of this on my savings rate and the growth of my investment portfolio!
For my first ever attempt at churning, the introductory offer for the Chase Freedom Unlimited credit card was too good to pass up. It has a high payout with easy requirements.
Sharing some of my lessons learned from my past financial mistakes that shaped my philosophy around car ownership and money in general.
Shortly after finishing my previous post on planned obsolescence, I was determined to mitigate some of the guilt stemming from my contribution to the growing global e-waste problem.
When you feel like you need to buy a new phone after two years because it barely holds a charge for half the day and you can’t easily replace the battery as an end user, that’s planned obsolescence.
Overall I’ve found Buckets to be very useful. It’s not a life-changing widget by any means, but I think the real value here is in automating and simplifying my finances even further.
It may seem obvious that the more that you save, the earlier you can retire, but the first time I saw just how early I could retire by saving a third or more of my income, I was completely blown away.
For me, the best investment strategy for getting rich is the most reliable, reproducible path.
Now that we’re already halfway through the year, it’s time for another budget review to see how well I flexed my frugality in the first 6 months of 2020.