How Much Should You Spend On A Car? Think back on the cars that you’ve owned in your life so far. How much did you pay for them? How much were you earning at the time? Most recommendations on how much you should spend on a car suggest a certain percentage of your gross annual … Read more
The Rule of 72 is an easy way to determine how long it takes for an investment to double given a fixed annual rate of interest. It works like this: The number of years it takes to double your investment = 72 divided by the annual rate of return For example, if you wanted to figure out … Read more
This post may contain affiliate links. Please read this disclosure for more info. The 2017 tax season officially began on January 23, 2017. The deadline for filing taxes this year is Tuesday, April 18, 2017 (traditional deadline of April 15 falls on a Saturday and Monday is Emancipation Day, a legal holiday in D.C., observed on Monday). … Read more
It’s been 11 months since we set a goal to pay off the mortgage (on our condo) by 2020 and to have a net worth of at least $1M by 20252020. This is the 11th update on the progress of the goal. If you’re wondering why we set this goal, click here. Mortgage progress: This month, we … Read more
This post is by Brian of Millennial Money Guide. I remember when college graduation was just around the corner and I was faced with multiple options for post graduation. Was I due for a post graduation trip? The most responsible option, and socially acceptable choice, would be to immediately enter my career. This option would help … Read more
It’s been 10 months since we set a goal to pay off the mortgage by 2020 and to have a net worth of at least $1M by 20252020. This is the 10th update on the progress of the goal. If you’re wondering why we set this goal, see here. Mortgage progress: As 2016 comes to an … Read more
It’s been 9 months since we set a goal to pay off the mortgage by 2020 and to have a net worth of at least $1M by 2025. This is the 9th update on the progress of the goal. If you’re wondering why we set this goal, see here. We are finally getting settled into our … Read more
This post is a little late, but better late than never, right? To be honest, even doing a monthly update has been difficult these days. We just moved, and this is the first post in the new house and new office. It’s been 8 months since we set a goal to pay off the mortgage by … Read more
It’s been 7 months since we set a goal to pay off the mortgage by 2020 and to have a net worth of at least $1M by 2025. This is the 7th update on the progress of the goal. If you’re wondering why we set this goal, see here. Life happens. A lot of big changes came … Read more
It’s been 6 months since we set a goal to pay off the mortgage by 2020 and to have a net worth of at least $1M by 2025. This is the 6th update on the progress of the goal. If you’re wondering why we set this goal, see here. Mortgage progress: This month, we paid a … Read more