One of my primary 2016 financial goals is to earn 250,000 points and miles from credit card sign-up bonuses. To recap, companies have many more restrictions in place to prevent people like me from taking advantage of their offers. How selfish of them! American Express will award bonuses once per lifetime for their consumer cards … More Rest in peace, credit card bonuses
If you make a practice of tracking your behavior, your spending, your saving and your net worth, there are a lot of things that become really clear. I’ve been tracking my net worth each month for over 10 years, and with it, all my investments. I’ve also been meticulously tracking each and every expense the … More 2016 Financial goals
The US Department of Agriculture publishes annual studies on the average cost to raise a child in the United States. It’s pretty interesting stuff, but once it hits the mainstream media, the real meaning behind the numbers usually disappears. I’m sure you have heard that the total cost to raise a child from 0-18 years … More Does a child really cost $250,000?
Mrs. Passionate Saver and I visited our German investment property while home for the holidays and got a tour of the construction—hard hats and everything. It was pretty cool to see the foundation built and some of the other buildings already coming up. We purchased one unit in a 6-unit building, one of 3 being built … More German rental update and the future of college saving
2015 was a good year. Both personally and professionally, things went well for the Saver Family. Baby Saver became a walking, babbling little person and we took her all over the world in a series of challenging, yet rewarding adventures. Mrs. Passionate Saver and I both pursued our hobbies with zeal, spending our free time … More 2015 Financial goals results
“Having money” is one of those goals that falls under the same category as “being healthy” or “being happy.” I have yet to meet anyone who says, “Financial independence sounds horrible. I’d rather be dependent on a paycheck until the day I die.” No one says that. Why then do people struggle to save money? … More The ultimate new year’s resolution
Although I don’t frequently write about it, the net worth chart is the most important part of saving money, growing wealth and planning for the future. There really isn’t much to say about it, other than 1) It’s important and 2) you should do it every month for the rest of your life. Creating and … More Happy 10-year anniversary (to my net worth charts)
Have you heard of Carvana? Probably not, if you’re not located in the Southeast, but they’ve been hitting the advertising hard on TV and getting awesome reviews. Spoiler alert: it’s not a gimmick. This company is awesome. To summarize, they sell used cars online and do so without the normal overhead, which creates the best … More I bought a car online in under 20 minutes
One of my very first posts was about credit scores and how, by understanding them, they become less scary. With the exception of buying a house, credit scores aren’t that important. Sure, they can get you sweet sign-up bonuses on credit cards, but if you avoid consumer debt, which you absolutely, positively should, your credit … More A scary lesson about credit scores
Last week I wrote about the death of Black Friday. Perhaps I was wrong… In a moment of weakness, I bought 3 pairs of pants at Target; in doing so, I made two critical errors: the first was that I broke my 2015 Financial Goal of no casual clothes purchases. The second was that I … More Long live Black Friday!