LIFESTYLE UNDER CONTROL

Control lifestyle creep

 

Preventing the rising costs of living as we move forward is essential to be able to retire soon. Wages are rising, we are accommodating and every time we “need” (remember NEED vs. WANT?) more things, our fixed costs go up. This is a mistake if you want to retire.

The easiest […]

CASE STUDY

Context

 

I have some friends, that we will call Juanito and Pepita, that are about 35 years old and with a young son who are beginning to think about retirement. For me, the moment in which I began to think clearly about retiring early was also at approximately 35 years old and this age […]

ADVANCE TOWARDS RETIREMENT

Stairway to the sky

 

It is clear that the plan is not to retire at 65, we have already talked about this, for me the form is the countdown, which helps me think about moving towards the main objective. In short, the plan is to cut back from the retirement age to go down:

[…]

I ONLY KNOW THAT I KNOW NOTHING

Yes you can

You can learn about domestic finance as much as possible and about personal finances without having any type of training or having been born in an environment with experience in the subject. I did not know anything when I started working and, above all, reading, I saw the different ways to optimize […]

TRACK EXPENSES AND KEEP THEM IN CHECK

Where is my money? What happened to my salary?

I want my money!!

You have nothing left from your paycheck and it is not even mid-month. I hear you, you are not alone. It is one of the great mysteries of humanity: Where does the money go when no one sees it? It seems […]

5 + 5: 10 WAYS TO SAVE, PART 2

KEEP SAVING!

 

Today we talk about the “small”, often ignored, expenses and purchases because they seem minor. We tend to forget about their long-term impact, but it all adds up (and it all takes a toll). So today I will tell you strategies I use to cut my recurring expenses, the areas in which […]

5 + 5: 10 WAYS TO SAVE, PART 1

GET SAVING!

 

How to start saving? Where can you cut unnecessary spending? We all like to save a little money here and there and put it to use for other purposes. Maybe you want to invest for your dreamt RETIREMENT, or pay down debt that worries you so much, or save for a project […]

DEBT NO, NO, NO

DO NOT ACCUMULATE DEBT, PAY DOWN YOUR DEBT, AVOID DEBT. DEBT … NO, NO, NO

 

I am telling you Amy Winehouse-style, no . . . no . . . . no . . . Perhaps it is the most important power at your hands to see your goals being realized. Beyond the mortgage for […]

THE IMPORTANCE OF AN EMERGENCY FUND

 

First things first . . .

 

Before you begin and set your goal, before you start controlling and monitoring your expenses and find your magic number (the one that will allow you to retire), you should have some stability and security. I need that peace of mind, how about you?

 

That peace […]

EXPENSES, NET WORTH, AND GOALS

WHERE I STAND, WHERE I AM AIMING FOR

I won’t drive you crazy with my numbers, I will try to explain in the clearest way my expenses, net worth and how far I want to go to get my ticket to FINANCIAL INDEPENDENCE. Remember that once you get to your magic number you […]