Beyond Financial Independence

Entries Tagged as Cache

Personal Finance Books: Do They Really Work?

June 04, 2012 · No Comments

In this article we will discuss the question of personal financial books and if they really can help you. I will also give you a quick reading list of my personal favorite finance books that I try to read once a year.

I will also list a few of the most popular finance books out on the market today. If you've read a great personal finance book, tell us about it in the comments section.

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No CommentsTags: Cache · Hoard · Vault

Your Home: How Much House Do You Need – Part II

June 03, 2012 · No Comments

I was asked to cover a few more topics on the issue of “How Much House Do You Really Need”. This article applies to first time home buyers primarily, but others can also take something of value from this article.

In this article we will cover how you can build equity in your home, the monetary waste of mortgage insurance and  how to not pay it and determining how much you can afford when looking to purchase a new home.

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Expenses: 25 Ways to Cut Expenses and Increase Your Savings

May 25, 2012 · No Comments

We've all seen the lists out there of how to cut our expenses and save money. So I thought I would create my own list of things that I know of and things that I have done and used or plan to use to save money. Even if you only use one of these ideas it will be worth it. Let's cut those expenses and start saving today.

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No CommentsTags: Cache

Improve Your Financies In Two Easy Steps

May 13, 2012 · No Comments

Step 1 track your spending, this is easily done through online services such and Mint.com. Step 2 get a rewards card to get your cut of the bank's profits.

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Your Home : How Much House Do You Really Need?

May 12, 2012 · No Comments

Most homes in the city I live in look like the one in the top left. That's an average home. It probably costs around $115,000. Should you buy this home or a nicer home? How much could you save if you bought a not-so-nice home and invested the extra money?

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No CommentsTags: Cache

BeyondFI: Know Your Money: What is CACHE?

April 28, 2012 · No Comments

In the BeyondFI method CACHE is the money that you have near instant access to. This clearly includes cash, your savings account, checking account and yes the money you can access on your credit cards. Many debt reduction plans would call this your emergency fund.
 
Once you have your cache setup you will be ready for the next step. Building your Hoard. The nice part about building your cache is you start to see how money attracts money. As you build your financial confidence, saving and investing become easier which allows you to save more and earn more on your money saved.

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The Myth of Retirement at 65

April 22, 2012 · No Comments

Why is it that everyone talks about being financially independent when they retire, yet very few individuals actually have a plan for achieving that? And why is that time in everyone's life always centered around the age of 65.

When do you plan to retire? Age 65 like everybody else or will it be earlier? Can it be earlier? I believe it can.

Let's take a look at the myth of retirement at age 65. How can we achieve financial independence earlier and still be young enough to enjoy it?

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No CommentsTags: Cache · Hoard

What Is Your Dream Vacation?

April 19, 2012 · No Comments

Well, what is your dream vacation? This might be an odd question to see on a financial blog, but the question is pertinent. If we can generate enough excitement about whatever dream we have we will be more focused and driven towards achieving that dream.

In this article I share my dream and why its important to me. Then we will talk about your dream and why that is important and why it should be important to you. Next we talk about how to achieve your dream and how you can live the life of financial independence.

Please feel free to comment and ask questions about anything. Jay and I are doing our best to help those seeking to become financially independent. We want to wake people up to the reality that they can have a dream for living financially independent and they can achieve it. It's all up to you. We will do our best to show you the way.

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No CommentsTags: Cache · Hoard · Vault

Why Everyone Should Take a Year Off Work

April 19, 2012 · No Comments

Have you ever wondered what it would be like to take a year off of work? You would have the freedom to do whatever you wanted. No more going into work and participating in the rat-race like everyone else. Just imagine what it would be like to take some much needed time off and relax and take it easy.

What would you do with a full 12 months off? Where would you go? Who would you meet? Would you travel, learn to paint, learn a new language or fall in love?

Well, I did just that. Certain things in my professional life had allowed me to save up a certain amount of money and I was looking for a break. Let me share my experience with you and show you what I learned.

Is taking a year off, although nice, really the best thing to do when it concerns your financial independence? Take a look inside, you might be surprised at the results.

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No CommentsTags: Cache · Hoard · Vault

How I Became Financially Independent by Not Tipping

April 16, 2012 · No Comments

I recently went to lunch and had a nice steak and sweet potato. It was so good. When the bill came I was shocked at how much the price was, since I hadn't been to this restaurant in a while. So of course I paid my bill, but I really didn't want to leave a tip. I looked to see how much of a tip I should leave and then realized all I had was a five dollar bill. So now here I am reluctant to even leave a tip, yet I cave and concede to give the waitress a tip only to find that if I do I will be out another five dollars. So after a few seconds of thought, I'm like, "What the heck, why not. The meal was good."

I couldn't stop thinking about that five dollar tip though and it got me thinking about how much money I could not only be saving but making if I invested that five dollars and all the tips from that point forward.

Can you really become financially independent from not tipping and investing the tips? Take a look and you may be surprised at how much you are wasting by tipping at meals.

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No CommentsTags: Cache