2015 Midyear Savings Update

We’re almost to mid-July and I have one question: Where has the year gone? Since we’re officially more than halfway done with 2015, it’s time for a check on our progress on our 2015 savings goals. First up, let’s take a look at what we saved in June. Back in May we made two adjustments […]

Mad Fientist Podcast

Greetings and happy summer to all!  Last month I did a podcast interview with one of my favorite bloggers, the Mad Fientist.  On his show, we talked about some of my favorite subjects:  debt avoidance, hardcore savings, prudent investing, tax minimization, and frugal living.  We also talked about how we use geoarbitrage to maximize our […]

2015 Savings Goals: March

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April is right around the corner and our March paychecks have already made it to our checking account.  Before we head off to St. Georgia Island, Florida for spring break, I wanted to fire off this hardcore savings goals update.  As the chart shows, we dropped $8,000 into our 457 accounts in March.  Other than that, […]

2015 Savings Goals: February

Dis is how we do it!

The last day of February is always one of my favorite days of the year.   Since 2004, my wife and I have front-loaded our retirement accounts with our January and February paychecks.  By paying ourselves first to the extreme, we have been able to accelerate our wealth building.  This year we’re both hammering our […]

2015 Savings Goals: January

January is officially in the books, so it’s time to see how we’re doing on our 2015 savings goals.  So far, so good!  As always, we diverted most of our paychecks to our retirement accounts. 457 Accounts *  Since our 457 accounts are more flexible than our 403b accounts, we always fund them first.  In January we […]

Hardcore Savings: 2014 Results & 2015 Goals

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Greetings all!  It’s tax time, so I’ve been looking over last years numbers.  All in all, it was a good year financially.  While we only worked five months in 2014 (we were busy doing other things), we did manage to stash away a little over $46,000.  Most of our savings went to the 457 accounts at […]

Welcome New Visitors

Greetings to all new readers from the Radical Personal Finance podcast!  I thoroughly enjoyed being on Joshua’s show because it helped me distill some of my thoughts into bite-sized chunks of information.  Thanks for suffering through my spotty Skype connection and stream-of-consciousness yammering.  If only I could deliver my message as smoothly as Joshua!  I will shoot for […]

2015 Free Money!

Greetings all!  With 2015 right around the corner, it’s time to start our tax planning.  It looks like the standard deduction and personal exemption amounts are going to increase in 2015*.  It also appears that the child tax credit will remain at $1,000 per child.  These increases in the standard deduction and personal exemptions mean that the […]

What’s the Deal with Your Mortgage? 5.875%!

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The Old Homestead Warm Cancun greetings to all! Over the last few months I have received comments and questions regarding my ridiculously high 5.875% mortgage rate. Currently, I owe $59,568 on the mortgage; I also owe around $21,500 on our HELOC (home equity line of credit). Many people recommended that I refinance the balance to […]

Our Family Adventure in Cancun, Mexico

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Mexico or Bust! Greetings from Cancun, Mexico to all my loyal Millionaire Educator readers (Mom and Honest Abe)!  Two weeks ago I bought one-way airline tickets from AirTran for the Atlanta to Cancun flight.  Two days later my wife, son and I landed in Cancun and began our family adventure.   We decided to come […]