I never liked to be proven wrong in my past. In fact, it still stings when it happens today but the difference is I welcome a challenge! I want to get better at life and that means allowing for corrections. My choice to max out a Roth IRA was under a false assumption on my …
The power of being wrong; I’m switching to a Traditional IRA Read More »
Financial independence may mean different things at different times in a person’s life. I’ve pondered what financial independence means to me and how I’ve felt varying levels of it in my life. Furthermore, I’ll share the financial independence I’m now striving for, which is my biggest money goal yet. My first taste of financial independence …
I’ve not always told myself the best story about me. As a matter of fact, it was downright false. If you happened to listen to episode #104 of ChooseFI with Doc G from DiversiFI, he talked about the story he told himself for years and how he felt a sense of purpose from it. Furthermore, he …
How the story you tell yourself affects your finances Read More »
It is December and we are nearing the end of another year. Do you know what that means?? It means new contribution limits for our tax-advantaged accounts!! Just today I sent the bookkeeper at my job an email asking her to up my 2019 contribution limits for my two pre-tax accounts. Now is the time to be …
I don’t consider myself a minimalist but rather an aspiring minimalist. I practice mindful spending all the time. I love Christmas and what it means. Additionally, I love the family gatherings that occur during the Christmas season. What I don’t love is shopping and trying to find gifts for everyone. I don’t really like the whole …
Happy Thanksgiving, all! This month I’ve participated in a thankfulness challenge with my friend Andrea from Saving Joyfully. The idea was to stay focused on gratitude and inspire others to do the same. In light of that challenge and the holiday at hand, I’m writing a tribute to the money mentors throughout my life. Past …
When I discovered the (FIRE) Financial Independence Retire Early community, I was motivated to finish my debt pay off journey so I could start maxing out my retirement accounts. I may be a late gamer but I’m good at intensity. I’m now maxing out my retirement accounts, living debt free, and ratcheting up my savings …
What kid wants to just be lectured about money? Oh, I know the answer to that one – none!! So how can we teach these little bundles of joy about money? I’m glad you asked. I suggest we do it with games, gifts, technology, and life application. While I don’t have any children of my …
Today is the first day of open enrollment for the individual marketplace. Additionally, it is open enrollment for a lot of employer-sponsored plans as well as Medicare. This past weekend I taught the basics of healthcare 101 in my ChooseFI North East Ohio. Health insurance seems to be a timely topic. Andrea from Saving Joyfully …
Health Insurance 101: Options during open enrollment Read More »
During the year and a half I lived with my folks to intensely pay off my debt, I learned to live on less. I made sacrifices and spent little money. Basically, I put most of my money into either my emergency fund or towards my debt. In this phase of my life, I learned that less …