Income Report

December 2019 – Detailed Financial Report #60 – Net Worth $1,670,321 | Income $89,407

Gen Y Finance Guy Monthly Financial Reports 15 Comments

Bye, Bye 2019 – you were awesome! This month marks exactly five years of detailed financial reports. It doesn’t seem possible that five years have already passed. It feels like just yesterday when I made the decision to share the intimate details of my financial life. I had three primary drivers for making the decision to publicly put my financial life on display: (1) To put in place an accountability system that would not only ensure I hit my goals but also to expedite my path to the “finish line” of achieving a $10M net worth by 48. (2) To be a source of hope, inspiration, and motivation to others. (3) To remove the taboo around talking about money – …

Chasing FIRE Interview #11 – Brent from IQ Calculators

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Today we continue our Chasing Fire interview series (<- click the link to see all interviews in this series). I have always enjoyed reading and listening to interviews to learn how people got to where they are, so as to learn from the successes and failures of others. Each individual’s story and path is unique, and we can certainly gain insights from those generous enough to share their stories. My job as the host is to find interesting people that will inspire and motivate you, as well as myself. I plan to share one high-quality interview per month (maybe even less frequently) and the questions may change over time. I anticipate this to be an iterative process and I would love your feedback in …

CHASING FIRE INTERVIEW SERIES

FIRE Starter – More Wealth & Better Health: Why You Should Change Default Settings

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You can find all of Zach’s previous posts here. Today, Zach discusses the powerful effect of our default settings and how you can leverage this power to your advantage. It’s amazing what a minor tweak like this can do for you. It’s like the ole slogan from the infomercial trying to sell you the rotisserie oven that says: “set it and forget it.” I hope you enjoy Zach’s latest FIRE Starter post below. First, a Quick Reminder of Why I Started This Series For the astute observer, you will notice that I have added three new series to the blog: LateFIRE, FIRE Starter, and Chasing FIRE. Notice a theme? They all capitalize on the explosion – one might say the COMBUSTION – in …

Income Report

November 2019 – Detailed Financial Report #59 – Net Worth $1,374,308 | Income $97,712

Gen Y Finance Guy Monthly Financial Reports 11 Comments

Zoom! Did you hear that? That was the sound of November flying by. I’m writing this after returning from a long Thanksgiving weekend at the lake filled with lots of food, family, and fun. It was baby GYFG’s first time out at the lake but it won’t be his last. Mrs. GYFG’s parents have a houseboat and this annual trip during the Thanksgiving holiday has been a tradition for years. I love being out there in the middle of nowhere: so helpful for someone like me who has a hard time disconnecting. There is no internet or cell reception even if I wanted it, which is actually very liberating. The pace of November was much slower by design. Not only …

GYFG Household Income Grows From $101,336 to $1,050,000 in 12 Years

Gen Y Finance Guy Financial Freedom 11 Comments

I wrote myself a letter back in October of 2012 wherein I set out a vision for my life 10 years into the future. I can’t believe it has already been seven years since writing that letter (2.5 years since I shared it here on the blog). Many of the things I envisioned accomplishing have already come to fruition. I feel fortunate to have had such a clear vision of what I wanted to accomplish and to know where I wanted to be in my future life. I don’t think I would have been able to accomplish so much in a relatively short period of time if it were not for the act of sitting down, thinking through, and writing …