Book Review, Summary, Highlights and Quotes from The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel For the last year or so, I’ve been hearing nothing but good things about The Psychology of Money by Morgan Housel. Over, and over, and over, this book has taken the Personal Finance community by storm.… Continue reading The Psychology of Money by Morgan Housel
Tag: savings
The magic of a one-time partial mortgage payment: your net worth increases
Should you pay down your mortgage and live debt free or invest? There is an even better option with a one-time partial payment. Update – April 13th, 2022 A major calculation error in my spreadsheet has shown that the content in this post is incorrect. While I still believe that paying down your mortgage provides… Continue reading The magic of a one-time partial mortgage payment: your net worth increases
How much, do you actually need to retire early?
Personal finance is personal – But how much does an average person need to retire early and happily? For those on a journey to FI (Financial Independence) or FIRE (Financial Independence Retire Early) this is a question you are very very familiar with. But for those who aren’t, this is something you should be thinking… Continue reading How much, do you actually need to retire early?
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