Camp FIRE Finance

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10 Goals to Hit If You Want to Retire Early in 10 Years

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https://retireby40.org/10-goals-retire-early-in-10-years/From Retire by 40 …

So you want to retire in 10 years (or less). That’s a terrific goal, no matter how old you are. I’m going to assume most readers are in their 40s and 50s because that’s the age you start to consider early retirement. However, I’ll also keep younger readers in mind because this is Retire by 40. We have many young readers who want to leave their careers behind and try something else.

It is not easy to retire really early, but it is possible. I retired from my engineer career when I was 38 and my wife (Mrs. RB40) is going to join me in a couple of years. We’re all at different points in our journey and it’s hard to know if you’re on track to retire early. That’s why I’m giving you these 10 goals to hit if you want to retire in 10 years or less. Check them out and see how many you’ve achieved already.

10 Goals to Hit If You Want to Retire Early in 10 Years – Retire by 40

 

7 Tips for Changing a Scarcity Mindset to an Abundance Mindset

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https://twocuphouse.com/abundance-mindset/From Two Cup House …

When I was a kid, I got the message that wealth was not OK. Rich people were bad because they lied, cheated, and acquired their wealth in less-than-acceptable ways.  My parents weren’t wealthy and often tried to borrow their way out of their problems.

Money seemed to be something stressful, something to “bust your butt” for, something that could be easily lost.

7 Tips for Changing a Scarcity Mindset to an Abundance Mindset | Two Cup House

Curated by Women's Money Talk

 

Should I rent or buy a house?

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https://www.yourmoneyblueprint.co.nz/blog-1/2018/5/19/should-i-rent-or-buy-a-houseFrom Your Money Blueprint …

This is the million-dollar question – quite literally in many parts of the country. Buying a home is probably going to be the single biggest purchase we ever make, so it needs to be well considered.

This is a very important question because houses have substantial start up and closing costs. The financial commitment required to buy and sell a house is significant and can take 10-15 years before we see any financial benefit to owning. The problem is a lot of people can’t stay in one place for this long. Their families grow, they have a career or forced change, or they just want something better and want to move up the property ladder.

Should I rent or buy a house? — Your Money Blueprint

 

You Are the Hero of Your Financial Story

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http://micawberprinciple.com/you-are-the-hero-of-your-financial-story-2590/From The Micawber Principle …

One of the commencement speakers when I received my master’s degree told a story of a church youth activity he was supervising.

They were taking the kids to a mountain lake when the driver of their bus suddenly lost control … with the front of the bus only inches from the edge of a cliff and the rear of the bus only inches from the mountainside.

Ray, another adult supervisor on the bus that day, stepped forward and quickly went from being a passenger to a reluctant and unlikely hero.

You Are the Hero of Your Financial Story | The Micawber Principle

 

Your Financial Evolution: The Investment Policy Statement

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https://xrayvsn.com/2018/08/07/the-investment-statement-policy/From XRAYVSN …

The Investment Policy Statement (IPS), serves as a written representation of your financial/investing objectives and the various strategies you are employing to achieve them.

This has an added benefit of providing a guideline to heirs in the event of your untimely demise and allows them to continue this investment philosophy without missing a beat.

This document serves as an emotional stabilizer during market upturns and downturns.

Your Financial Evolution: The Investment Policy Statement