I probably could have told you that American men were in bad shape (both financially and physically) but I didn’t realize just how bad until now. The average guy has almost $15k in debt and only $3k in savings, and … Continue reading →

One of the reasons I believe most people never succeed at reaching financial independence is because they make things too complicated. They invest in elaborate investments they don’t understand, but heard some guy on television screaming to “buy, buy, buy!” They make fancy moves with their money, like taking out ...

For the vast majority of us, income is something for which we trade about half of our day to generate. We rise early on Monday morning to prepare, then travel to our jobs, spend nine hours there with a couple breaks, and return home, exhausted, only to repeat the process ...

This post first appeared two years ago here at Frugal Dad-back when there were far less people to see it. I thought I’d run it again to breathe new life into the concept of the “multiple-by-25 rule.” I do my best to avoid complicated mathematical formulas. In my experience, mathematicians ...

I was in debt for nearly ten years, and for ten years I tried every debt elimination method known to mankind. I was like the overweight person who has tried every diet, but years later finds themselves more overweight than when they started. The last two years of my personal journey ...

Financial independence is one my favorite topics. It’s something I one day hope to achieve through a variety of sacrifices, such as paying off our mortgage early, building savings inside and outside of retirement accounts, and sticking to a frugal lifestyle. The other day a reader asked for clarification on what ...

It was not until I reached 30 that I started to turn my own financial life around. Unfortunately, by then, the damage was done. In retrospect, I often knew the decisions I was making were not-so-smart, but I did them anyway because I could always “pay it off later” or ...

One could probably build a small library for the books written on the subject of financial independence. It’s a subject many of us like to fantasize about, but few of us will see materialize in our lifetimes. Why? Mostly because we allow competing priorities, egos and financial peer pressure dictate ...

The August 2009 edition of Money Magazine featured their annual list of 100 best places to live. The copy arrived in my mailbox around the same time my wife and I were discussing the possibility of relocating in the future. In the short-term, we are satisfied with where we live, ...