These outdated financial rules were created by previous generations, but no longer hold true in today’s world.If you’re interested in achieving financial independence and early retirement then you need to consider breaking these 5 outdated financial rules.
From Champagne & Capital Gains …
My boss and I have a good relationship. I like working for him and learning from him. He’s a totally reasonable guy who would never fire someone for no reason, or honestly, even with reason, without giving them very explicit (and legitimate) opportunities to adjust their attitudes or behaviors or whatever. But Thursday night, near the end of a stressful week, my brain went into anxiety overdrive and I dreamed that my boss summarily fired me.
He called me into his office and told me I’d been terminated and I’d need to leave immediately. Even in the dream, all I could think about was how I didn’t have another job lined up yet, how much debt I have, and the minimal access I have to liquid assets. I have plenty of credit, but I also have lots of financial obligations. It was sheer panic.
From Spills Spot …
There’s no instant solution to crushing debt, and everyone has different circumstances that they’re dealing with.
Hopefully some of the methods described in this post can be applied to your particular situation and help you reach debt freedom sooner.
By Mike Monfredi.
I had heard that dental school was “expensive.”
How expensive… eh? Didn’t have that exactly dialed-in yet. But as my wife (Monica – then fiancee) began applying to different schools, I became increasingly concerned with those annual tuition costs.
[Read more…] about Slash Your Student Loans Before You Need Them