Calculating Cost of Use – A Simple Solution to the Buy vs. Rent Choice
One of the interesting ways that I have come to look at things is by using the concept of the “Cost of Use.” Today I want to apply this concept to answer the ever controversial question of buying vs. Renting. As you have probably witnessed firsthand, like just about every topic in personal finance there […]
September 2015 – Detailed Financial Report #9 – Net Worth $248,578 [+37.1% YTD]
GYFG here checking in for the September 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 […]
September 2015 Content Curation
“Success is the ability to go from failure to failure without losing your enthusiasm.” —Winston Churchill Books|Blogs|Videos|Podcasts This monthly series is my attempt to curate the web for you. I probably consume more content than one person should, but I am kind of a knowledge junkie. I don’t just consume content for the sake of consumption. The […]
The IRS Tax Code Makes No Sense – What You Should Know About IRA Tax Deduction Phase Outs
Have you ever wondered how the IRS comes up with certain pieces of tax code? It seems like every time I turn around there is some piece of tax code that makes absolutely no sense to me at all. Do they use any logic? Recently I wrote a post about joining the double comma club […]
[Guest Post] Freedom Fighter Interview #16 – Mr. Z
Today we have our 16th Freedom Fighter interview in this series. I should point out that these guest interviews will continue but at a much slower pace than the once a week schedule we have been following through summer of 2015. I love sharing other peoples stories with you all, but I need to make […]
A Day In The Life Of GYFG
Early to bed. Early to rise. Keeps a man healthy, wealthy, and wise. – Ben Franklin When people get to know me and hear a little bit about all the things I do, they often ask me how I find the time. A large part of my secret is getting up early almost every day […]
Your Personal Leverage Ratio
Based on the short amount of time I’ve been writing, you may have gotten the wrong message. Yes, I am working diligently to pay off the mortgage early on my primary residence. However, this does not mean I think all debt is bad or evil. Consumer debt is pure evil when you are the borrower! If you […]
[Guest Post] Freedom Fighter Interview #15 – Cash Flow Diaries
Today we have the 15th in a series of interviews. Our guest is Alexander of Cash Flow Diaries and he is fighting his hardest to exit the corporate rate race a multi-millionaire. Just this year he started his blog to track his journey to Financial Freedom with a focus on Real Estate as his main asset class of choice […]
How To Become a Millionaire – Joining the Double Comma Club
They call it the double comma club and membership is open to anyone. Well, it’s open to anyone that is willing to practice simple disciplines of saving, investing, and living below their means. Let me clarify that when I say “living below their means”, I am not saying you have to live like a college […]