Get Rich Quick'ish
Because slow'ish sucks
Who doesn’t want to get rich quick then ride off into the sunset to live the life of their dreams? I do – that would be awesome! And based on the searches that drive people to this website, I’m not alone either. Here’s the good news/bad news reality: it is possible to get rich quick.
But you shouldn’t spend much time or money trying. You should try to Get Rich Quickish instead!
“I don’t know how you do it” is a common reply I hear when someone finds out that I’m raising a family of six and thriving on a single income family budget in Seattle, one of the least affordable cities in America (it’s the 8th worst).
Most of the time that’s where the conversation ends. I go my way and whomever I was talking to goes theirs. But every now and then someone will come back later and ask “seriously, how do you do it?”
I have a hunch most people are secretly hoping that I’ll let them in on some little known life hack that only I know about. I wish I had that information to share, but all I have to offer is what has worked for us as we’ve built a situation that allows us to not only get by, but thrive financially.
There’s no secret. Just some common sense, hard work, and if I’m honest – a little bit of luck too.
[Read more…] about How We’re Thriving With A Single Income Family Budget
The Rule of 25, also know as the Multiply by 25 Rule, attempts to define how much money you’ll need to save for your retirement. Not surprisingly, based on the name of the rule, that amount is 25 times your annual expenses (not income).
[Read more…] about Use The Rule of 25 To Calculate Your Retirement Needs
As more people become aware of and join the FIRE movement, the definition of FIRE continues to evolve. So what exactly is FIRE finance?
Well, that really depends on who you ask.
The following outdated financial advice was created by previous generations, but no longer holds true in today’s world. If you’re interested in achieving financial independence and early retirement then you need to consider passing on these 5 pieces of outdated financial advice.
I’ve had every intention of posting monthly behind-the-scenes updates on Camp FIRE, but when life gets in the way, this humble blog is lowest on the ol’ priority list. My post frequency suffers as a result. But as luck would have it, I’ve got a bit of time today to try and crank out a quick update for those interested in following the growth of Camp FIRE.
So here’s what happened in April 2019 on Camp FIRE Finance.
