The Basics of the Path to Financial Independence In these posts I’ll attempt to lay out the core of whatI believe are the basics of the path to Financial Independence. Please share your feedback and suggestions if you have any, :)! Saving for the future Where to put the money you have leftover after expenses […]
Category: Financial Independence
How to make investment decisions
How to make investment decisions We covered this briefly in the previous section but, for the most part, the riskier your investment is the more returns you’ll earn from it over time. Risk cuts both ways. Meaning that, depending on the investment you are choosing, the value of your investment could drop precipitously or be […]
Where should you put your money after expenses
Where should you put your money after expenses? So you’ve got some money left over after paying for your expenses. Congratulations! Now you should start thinking about what you’re going to do with that money. Thankfully, the process is fairly simple and it’s mostly just a waterfall approach. My advice would be to roughly follow […]
Saving for the Future
Saving for the Future The basics of saving for the future are to Determine what kind of life you want to live and examine ways to accommodate the future in your present Examine your current financial situation Take note of any goals you may have for the future Make adjustments to your lifestyle based on […]