The 10 Money Saving Commandments

10 Commandments, FI, Financial Independence, Saving Money

The following 10 “Commandments” are 10 important lessons and strategies that have helped us achieve some success over the last 2 years. In that time, we have seen our net worth grow over $100,000 in just 19 months (check out our most recent net worth update here). I believe that following these 10 rules (in no particular order) can … Read More

How to Save Your Next Dollar

Savings steps, savings hierarchy

When I finally made the decision to put an emphasis on saving my money instead of spending it, I realized I had no real idea how to get started.  I know I was getting the full 3.5% company match (on 6% contribution) in my 401k thanks to auto-enrollment.  My dad started a Roth IRA for me some 12 years earlier, … Read More

Running for My Life & Saving for Our Future

Around the same time I decided to get my finances under control, I also started running.  It was a hobby to help me live long enough to actually enjoy a retirement, and to help me spend less time with video games.  Switching from my expensive video game hobby to running was one of the smartest things this dumb guy has … Read More

Why $1,000,000 by 2030?

The $1,000,000 Goal

We Did The Math

It turns out that there is a pretty nice “break-even” point.  I calculated that if we reach the $1,000,000 goal in the year 2030, we could never contribute another dime to our retirement accounts and we will end with ~$3.1mil at 59 ½ years old.  Half a million short of our ultimate goalRead More