Before I put 2016 in my rear-view mirror, I want to take a final look and calculate our 2016 savings rate. Every year the Mustachian Post updates its index of bloggers’ savings rates. That means it’s time for me to crank out a few spreadsheets for more awesome tables. First, let’s take a look at what we saved … [Read more…]
If you’ve poked around my website at all, you already know how much we like “crappy” jobs. (If you’re scratching your head, read these posts: #1 and #2.) In those posts, I explained how we moved to rural teaching districts (“crappy” places in the eyes of many but not ours) where we were able to dramatically increase … [Read more…]
Another successful trip around the sun has passed, so it’s time for our year-end review. Overall, 2016 was a resounding success for us in the following areas: Work * From January to May we finished out our teaching jobs in Douglas, Georgia. After many years of teaching, both my wife and I were ready for a … [Read more…]
There’s no doubt that reading about money can be pretty boring. Writing about money can be equally as boring. I don’t always enjoy it, so why do I still attempt to crank out blog posts every now and again? Here are a few reasons that I still write: #1: To Change the Narrative Okay, I’m going to … [Read more…]
Like my buddy the Mad Fientist, I’m a huge advocate of front-loading. If that’s a new term for you, this post is going to show you the hidden power of your paycheck. A quick search of the term “front-loading” offers this definition: the process of “distributing or allocating (costs, effort, etc.) unevenly, with the greater … [Read more…]
Greetings to my dozens of readers out there. Because of the surging stock market, our high savings rate, and our frugal lifestyle, we’re slowly approaching our goal of amassing a net worth of $1 million. Currently, we have a net worth of approximately $900,000, so, barring a total meltdown of the U.S. economy, it looks … [Read more…]
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, … [Read more…]
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 … [Read more…]