This is the archive of all our articles related to how financial freedom and early retirement (FIRE)
What is the worst that can happen to us from a financial standpoint? Life insurance will take care of our family upon our death provided, it is adequate and kept in force ā check your cover here. Health insurance will take of a family memberās hospitalization provided, it is enhanced often enough to keep pace…
Continue reading →Each December, I conduct a personal financial audit. That is, I take stock ofĀ , financial goals what is the value of my investments for each goal. What is their worth? have I invested what I resolved to investĀ last December? Will I have enough to invest for all my goals in the year ahead? Review calculations…
Continue reading →This intriguing question was recently asked by my friend. Intriguing because it can be answered in two ways: In one word! Or by considering all possible ways an emergency fund would see some action! By action, I of course refer to emergencies only! American financial coach Dave Ramsey, often says, “Christmas is not an emergency!”…
Continue reading →This summer I am spending quite a bit of time with my 16 year old nephew. He is a philosopher, writer, artist and entrepreneur! He makes money by doing chores for his parents. He makes money by doing drawing assignments and other odd jobs for his friends! When I asked him where this money goes…
Continue reading →There are times when we have a large sum of money to be spent, not in one-shot, but over the course of a few years. Retirement of course is the most obvious and most complicated example wherein the corpus has to last from a few years to decades. There can other situations: a person who…
Continue reading →