Updated: November 30, 2023 Over and over again I see continuous chatter and positivity around building “Generational Wealth.” And while in theory, the idea of building generational wealth for your loved ones seems like it should be the goal. It isn’t. Giving Too Much Wealth to Your Children Backfires 70% of wealthy families lose their… Continue reading Why Generational Wealth Isn’t The Answer
Saving
Cash is King – and the Queen, Jack, and definitely the Joker
Updated: July 28, 2023 We’ve had quite the ride over the past few years between wild volatility in the markets, high inflation, interest rate hikes, and a freaky-hot housing market/housing shortage. You name it and it seems like it has happened! And yet throughout it all, there is one friend that we can always count… Continue reading Cash is King – and the Queen, Jack, and definitely the Joker
Building Your Ultimate Personal Finance Engine
Ever since I read Good to Great by Jim Collins, I’ve been fascinated and even a bit obsessed with The Flywheel Effect. In short, it is the perfect explainer for how you can achieve exponential growth personally, professionally, and in business. Each turn of the flywheel builds upon work done earlier, compounding your investment of… Continue reading Building Your Ultimate Personal Finance Engine
Refinance now to improve your savings rate, cash flow, and overall wealth
Interest rates remain historically low. If you have not refinanced, please do so now! We recently finished up refinancing via an Asset Based Mortgage to save $500 on our total mortgage payment. This was huge for us, especially after Accidentally Retiring. Not only are we now able to save $6,000 a year in total expense,… Continue reading Refinance now to improve your savings rate, cash flow, and overall wealth
How to Accidentally Retire; 5 Steadfast Rules to Follow
Anyone who comes to Accidentally Retired, is probably thinking…how is that possible? Well it is possible. And here are 5 tried and true rules to finding yourself in an accidental retirement situation. Rule 1 – Earn, Save and Automate Everyone already earns, so this is an easy rule. But, where there is usually a huge… Continue reading How to Accidentally Retire; 5 Steadfast Rules to Follow