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May 2017 – Detailed Financial Report #29 – Net Worth $558,202 | Income $23,452

In Uncategorized by Gen Y Finance Guy10 Comments

Reading Time: 8 minutesGYFG here checking in for the May monthly financial report. If you have been reading these reports for a while you will notice that I introduce each month with the same intro month after month. I do this for two reasons; a) for the newbies to the site (which make up about 50% of the sites traffic); and b) to remind …

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Don’t Get So Consumed Building Wealth That You Forget To Build A Life

In Words To Live By by Gen Y Finance Guy9 Comments

Reading Time: 2 minutesI was recently crafting an interview post for the great and magnificent Physician on Fire, when I was reminded of a core belief that I had lost sight of recently. It’s crucial that everyone in pursuit of Financial Freedom pause and reflect on the following: Don’t get so consumed building wealth that you forget to build a life. It’s so …

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[Guest Post] 10-Year Vision Series # 1 – Founders of The Mastermind Within

In Goal Setting by Gen Y Finance Guy5 Comments

Reading Time: 11 minutesA few months ago, I shared the letter I wrote myself from the perspective of 10 years into the future, the idea was to write describe your life based on anything you wanted or wanted to accomplish (as if it had already happened). After publishing that post and inviting guest submissions, the bloggers at “The Mastermind Within” volunteered to participate. Below …

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From the Mailbag #2 – I Want More, Can You Help?

In General Information by Gen Y Finance Guy3 Comments

Reading Time: 5 minutesOne of the biggest joys I get out of this blog is receiving emails from YOU the reader. Sometimes it’s an email thanking me for the inspiration that has led to financial epiphanies in YOUR own life. Other times it’s an email asking for guidance (I don’t give advice, just ideas, a little CYA). Recently a reader (Scott) reached out to …

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April 2017 – Detailed Financial Report #28 – Net Worth $550,347 | Income $26,086

In Monthly Financial Reports by Gen Y Finance Guy7 Comments

Reading Time: 9 minutesGYFG here checking in for the April monthly financial report. If you have been reading these reports for a while you will notice that I introduce each month with the same intro month after month. I do this for two reasons; a) for the newbies to the site (which make up about 50% of the sites traffic); and b) to remind …

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Cars Are Expensive – Really F*cking Expensive – They Destroy Wealth

In Financial Analysis by Gen Y Finance Guy28 Comments

Reading Time: 3 minutesA few months ago I shared a post about helping my brother get a new car after he totaled his previous one. It really got me thinking about how much it was costing the GYFG household to have two cars. Unfortunately, we bought our cars before we had solidified our financial philosophies. My wife and I both bought new cars within …

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[Guest Post] To Lend or Not to Lend: How to Know When to Give Money, Lend It or Say No

In General Information by Gen Y Finance Guy9 Comments

Reading Time: 3 minutesSomeone you’re close to asks you for money. Many of us have found ourselves at this crossroad at some point. These are typically trying times when you’re torn between extending financial help to a loved one or sticking to your guns to avoid an uneasy or strained relationship in the future. They say that money and friendship rarely mix, and …

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Can These Good Times Last Forever? What Happens If The Music Stops?

In General Information by Gen Y Finance Guy16 Comments

Reading Time: 6 minutesMost people who know me well would likely describe me as a super optimist and that’s the way I prefer to live life. The alternative is to be a Negative Nancy and the energy drain to you and everyone else around you is exhausting. I tend to believe that OPTIMISM actually CREATES ENERGY, EXCITEMENT, and PASSION. I would go as far as …

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March 2017 – Detailed Financial Report #27 – Net Worth $541,510 | Income $24,434

In Monthly Financial Reports by Gen Y Finance Guy10 Comments

Reading Time: 9 minutesGYFG here checking in for the March monthly financial report. If you have been reading these reports for a while you will notice that I introduce each month with the same intro month after month. I do this for two reasons; a) for the newbies to the site (which make up about 50% of the sites traffic); and b) to remind …