Welcome back! Hopefully you've had a chance since my last post on Personal Finance 101 to start tracking your income and expenses, finding ways to cut extraneous expenditure that isn't bringing you happiness and you're feeling more comfortable saving for FIRE based on your own ethos / path! The next logical thing to tackle would … Continue reading The Big Three – Part One: Food
Sigh... I'm now in my late twenties, and I notice that A LOT of people around my age group have little to no understanding of personal finance. Do you struggle to quantify your short, mid, and long term financial goals and dreams of being Financially Independent? If you answered yes, you may have been tricked … Continue reading Study Up On: Personal Finance 101
Hey Everyone! Not sure about all of you, but I have become infatuated with Zero Dollar Days. This is where I try to make a point of spending no money on workdays. As we're talking about 5 out of every 7 days in a week, over time, the effects of this can really snowball. Personally, this … Continue reading Zero Dollar Days
Hey Everyone, So far, we've touched on some key concepts if you want to FIRE (financial independence, retire early). Things like... Defining Frugality; Basic Concepts of Capital (financial and human); The Wonder of Compound Interest; And what many people fall victim to, which is Lifestyle Inflation as your earnings grow; This is all great information … Continue reading Find Your Ethos
What's up everybody! For those who do not know me - I am Mr.FN. I am new to the blogging game and enjoying it immensely. For me, it's a new creative outlet (guitar, singing, and bass being my others). It's something I've thought about for a little while now, and am extremely glad I took the … Continue reading DANGER! Lifestyle Inflation!
When we talk about FIRE (financial independence, retiring early) one of the most crucial things to understand aside from saving is compound interest. As Einstein once famously said: "Compound interest is the eighth wonder of the world. He who understands it, earns it...he who doesn't...pays it." - Albert Einstein Well said (Pretty smart guy!). Let's … Continue reading Compound Interest – It’s A Choice
An important concept in building ones' wealth is capital. In today's world, you need some dough to carry out an existence, unless you're totally self-sustainable which is awesome from an environmental/frugal standpoint. But for most of us mere mortals, even those living the most extremely frugalicious lives, you need some money to cover basic expenses. … Continue reading Human Capital VS Financial Capital