Is it Worth Renting Out Your Extra Room? I grew up in a large family, where holidays meant sharing cramped spaces, with all the kids in a big dormitory and seldom showering. Later, I lived in on-campus housing and small apartments, often with two to seven roommates. Whenever I’ve lived …
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STEP 27: CRAFT A TIMELINE WITH MILESTONES AND TARGET DATES
This article is part of a 30-day series called the 30 Steps Program to Financial Independence. I’m a big fan of setting goals because they keep me motivated and moving forward. Sometimes I don’t reach my goals, but I’ll get back up, try again, or set a new one. When …
7 Financial Challenges to Embrace When Transitioning to a Stay-at-Home Dad Role
Good morning everyone! Let’s give a warm welcome to Brian Fourman. Brian used to be a personal finance and Bible teacher at a private school, but now he’s a stay-at-home dad and a blogger. He enjoys rental real estate, running, cooking, and sports. When he has free time, he loves …
Life in Coronado, Day 53: Navigating Stimulus Relief
It’s been a while since I last blogged! With quarantine giving me extra time, I’ve decided to get back into the habit of journaling and blogging in a conversational way to keep both you and me entertained. You might feel like you’ve missed out on a lot—don’t worry, I’ll catch …
CELEBRATE YOUR PERSONAL FINANCIAL FREEDOM: WHAT DATE MARKS YOUR MILESTONE?
Happy Independence Day to all my U.S. readers! Hope you’re enjoying your day off! Here’s a holiday tip that only a personal finance blogger might suggest: While you’re celebrating Independence Day, take a moment to determine when you want to achieve financial independence. I know it sounds a bit geeky—who …
Learn the Key Strategy to Prevent the Biggest Pitfall in Increasing Your Income
On Make Money Your Way, there’s a guest post from Bill Achola, a financial publisher who runs an investment blog that’s rapidly gaining popularity. His blog helps investors make smart decisions. In his post, Bill shares his $10,000 investment plan and offers advice on how to avoid common mistakes when …
STEP 23: IDENTIFY THE SOURCE OF YOUR ENTHUSIASM
**FIND YOUR PASSION** Pursuing financial independence can be tough, especially when you’re stuck at a desk for 50 hours a week, daydreaming about what life could be like and worrying about how old you’ll be when you finally get to retire and enjoy it. I remember how unbearable my last …
The Reasons Behind My Modest Approach to Emergency Savings
I know most personal finance experts say you should have an emergency fund, but I’ve never really worried about it for a few reasons. First, I’ve always been pretty good with my finances. I’ve saved a lot, so on any given month, if something came up, I could just stop …
Gratitude Overflows: RFI Earns Coveted Spot as Plutus Awards Finalist!
I want to extend a huge thanks to everyone who voted for Reach Financial Independence as the Best International Personal Finance Blog for the Plutus Awards. You all are amazing! I’m truly honored, especially because I didn’t ask for votes, so it was a wonderful surprise to see my little …
Life on Coronado Island: Day 42 of Quarantine – Embracing the Sunshine
Long time no see on the blog! I’m taking advantage of this quarantine to get back into journaling and blogging in a more conversational, first-person style. Hopefully, this will keep both you and me entertained. If it seems like you’ve missed a lot, don’t worry—I’ll catch you up as we …