Categories
Life & Money

4 Reasons Why Net Worth is Important

No matter where you are financially, knowing your net worth can help you with your money. Here are four reasons why you should track your net worth.

Categories
Taxes

2019 & 2020 Federal Income Tax Brackets Side by Side Comparison

The IRS released the 2020 Tax Rate Brackets. I couldn’t find a side-by-side comparison with 2019, so I decided to create one that I could look at and that will hopefully help you out.

Categories
Net Worth

Net Worth – October 2019

A look at my net worth at the end of October 2019 and comparison a to my previous month’s net worth, including a breakdown and analysis of the numbers.

Categories
Financial Literacy

2 Simple Components for Calculating Net Worth

Are you just learning the ropes of personal finance? Knowing your net worth is a good place to start. Everyone has a net worth, and calculating it is easy with 2 simple components.

Categories
Stock Market

How to be Prepared Before, During, and After a Recession

We continue to hear talk about the next recession being eminent. Here’s how you can be prepared before, during, and after a recession.

Categories
Financial Literacy Retire Early

The Trinity Study 2018 Compared to FireCalc

A look at the data presented in the latest Trinity Study update verses the data presented by FireCalc. Who will be the winner?

Categories
Net Worth

Net Worth – September 2019

A look at what my net worth is at the end of September 2019 and compare it to my net worth baseline, with a breakdown and analysis of the numbers.

Categories
Financial Independence Retire Early

My FI Number – LeanFIRE

In this edition of determining my FI number, I’ll be aiming for more of a leanFIRE. Let’s walk through the steps again, after making some spending cuts.

Categories
Financial Independence Manage Money Retire Early Save Money

4 Steps to Determine Your FI Number

Follow these 4 steps to determine your FI number. And it is perhaps the single most important goal to reach my target of retiring by 45.

Categories
Net Worth

Net Worth Baseline: September 2019

We’ll look at what my net worth is as of the beginning of September 2019. We’ll exam how it’s distributed and how much I’m making from passive income.