After taking the plunge into real estate investing I’m now debt free again! As I mentioned in my last post, I purchased some land and was tentatively planning to do a small real estate development. However, I had quite a busy schedule over the holidays, so I decided to just list the land and sit …
Category: Financial Independence
Back In Debt!
I lasted about six months in the beautiful land of debt freedom before I ended up back in debt. Oops. Fortunately, this expenditure was planned and is part of a larger investment strategy that I’m pursuing – real estate. I spent months searching, scouring land deed records, hand writing personalized notes, and looking at multiple …
Financial Update: Net Worth Up $100K In 3 Years!
I often get raised eyebrows as well as lots of questions and comments when I tell people about my personal finance journey. “You actually sold your car and lived car-free?” “You were living by yourself and chose to move in with roommates?” “You ditched cable? Stopped buying designer clothes?” “Why waste time by searching for …
The True Cost of a Purchase
We’ve all been there. Fantasizing over that item that we really don’t need to purchase, but really want in that moment. That pair of shoes, or a hat, or coffee mug, or a funny t-shirt. It only costs $10, or $50, or $100. And it’s on sale! Why not go for it since it’s at …
Compound Interest: The Real Santa Claus
Do you remember what it was like to be a child on Christmas eve? My brothers and I would usually lock ourselves in one room, trying to stay awake all night playing games and excitedly predicting what Santa might bring us. I have such fond memories of the way we bonded on those nights and …
Benefits of Life with Roommates
In 2015, when I moved to my current city, I was excited to live alone. I hadn’t yet started aggressively attacking my debt, and getting a place of my own seemed to signify that I was “adulting.” Living with other people almost seemed like a regression. Other people might think I didn’t make enough money …
Debt Destruction Progress – Part 2
It’s hard to believe that it’s been two years since I buckled down and got serious about destroying my debt and pursuing financial independence. I’ve made a ton of what I would have called sacrifices, but in reality, it’s hard to call them sacrifices anymore. I sold my car, moved in with roommates, sold a …
My Matrix Moment
In 1999, a sci-fi movie called The Matrix hit theaters and became a pop culture phenomenon. The special effects–which were incredible–drew people in, but the the story–which was intricate and compelling–had people leaving the theater buzzing. The main character in the film, Neo, slowly starts to sense that something is off. He begins to discover …