It’s been 14 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 14th update on the progress of the goal. If you’re wondering why we set this goal, click here. In the interest of better disclosure, I want … Read more
Homes have been flying off the market because the supply is so low and buyers greatly outnumber sellers in most markets. Many people are jumping into the market in hopes of becoming a homeowner before mortgage rates rise. Let’s say rates do rise a full 1 percent by the end of the year. How much … Read more
It’s been 13 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 13th update on the progress of the goal. If you’re wondering why we set this goal, click here. In the interest of better disclosure, I … Read more
This post may contain affiliate links. Please read this disclosure for more info. I recently refinanced one of my student loans. I think it was a smart move because I’m no longer paying close to 7% interest on that loan. However, the decision really wasn’t that simple. There are several things to consider before refinancing a loan. … Read more
What would you do with your money if you no longer had any debt payments? How would it feel to not have credit card payments, student loan payments, car payments, or mortgage payments? Being completely debt-free is something most people won’t experience until much later in life. However, there are a growing number of people who … Read more
I had never really heard of ‘financial independence’ as a concept until Mr. FrugaLee started talking about it here. This whole idea is new to me. I’m still exploring what it is because everyone has their own definition. To me, financial independence means planning ahead, setting goals, and working hard so that you can live … Read more
My wife quit her job today, so we celebrated with sushi. Related: How to Quit Your Day Job and Pursue Your Passion! Well, it was actually an early birthday lunch for her, but I love getting two for one. We drove into D.C. and went to Sushi Taro. The food was excellent, but I couldn’t eat … Read more
It’s been 12 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 12th update on the progress of the goal. If you’re wondering why we set this goal, click here. Since it’s been a year, I calculated … Read more
This post may contain affiliate links. Please read this disclosure for more info. Exactly one year ago today, on February 15, 2016, just a few days after my son’s first birthday, I started this blog. It was interesting to go back and read through that very first post, entitled The Starting Point, where I discussed my motivations … Read more
Hi! I’m LiveFrugaLee’s evil twin, Manny. Yes, we’re Danny and Manny. Yes, our names rhyme, and our sister’s name is not Fanny. You may have noticed my facetious comments on his earlier posts as I thought it was rather humorous that my twin brother would start a blog. Now, I’m trying to be supportive as … Read more