Hall of Fame
Take a look at the very best of the best content we’ve found across the personal finance community! To get listed here, you have to beat out thousands of other pieces of work published during that month, and for those who do, we build you a personalized bobblehead and permanently enshrine you in our Hall of Fame. Congrats to all our winners, and thank you for helping the rest of us get smarter, happier, and richer 🙂
Hall of Fame | Pioneers
Enough is elusive because when you reach it, you’re no longer the person that once desired it. Once you occupy an entirely new world, that prior version of yourself is largely inaccessible.
In my ongoing effort to disrupt the overly-frugal and joyless personal finance community, I’ve come up with a new financial practice: unbudgeting.
The period between Thanksgiving Day and New Year’s Eve is the six-weeks when people inflict the most personal, financial, and health damage on themselves…
It’s easy to dismiss new approaches like this. But let me tell you one thing: If you roll your eyes every time someone comes up with a new FIRE term, you are missing the point.
I’m strong, I’m smart, and I’m capable. But the wolf still fooled me. This is why I believe that every person should have their own independent bank account.
If you fear you’ll only be able to afford to retire when you are an ancient 57 years old, put that fear away. Happiness does not deteriorate over time, it gets better.
Most Europeans work fewer hours than we Americans and take way more vacation. The purpose of this post is to expose the ramifications of the differences in these work cultures.
This isn’t just about hustle porn and the people who buy into it. That Mom Hustle maternity shirt is symptomatic of something much greater: that this might be the very worst place in the world to take parental leave.
Being a millionaire starts with learning how to make, save, and invest $1. Then repeat that process a million times.
Companies thrive and make huge profits through putting you into debt. They don’t call it debt, they call it credit or financing. They make it sound sexy and as if they are helping you.
Whenever possible, before you buy something that’s supposed to last, join me in asking, “Will this be useful and treasured for years to come?”
The Darwinian Doctor
I believe there are two levels of cash flow that can be life changing: $1 of cash flow, and cash flow equal to 20% of your annual income.
You cannot rely on outside factors to make you healthy or whole. You have to provide that for yourself. So here are the things that I turn to for comfort in my nomad travels.
We don’t have to wait around to hit the magic FI number before we go do the things we want to do. Instead, we can figure out what we want now and create a life that lets us do that.
There is nothing in life I would want to be remembered more for than for impacting other people’s lives with kindness, generosity, and spreading Joy. This young man has left that very legacy today touching lives just like mine.
This meme is perfect for finance because it’s an industry that relies on jargon as a way to sell, confuse and signal higher than average intelligence.
Let’s be more intentional about noticing the financial independence milestones beyond its relation to how “done” you are. Get as excited about this middle time as I am!
It’s pretty simple: you shop mostly (or completely) based on what’s on sale that week… if it’s not on sale, it’s not in my cart.
The study found that participants who made purchases that most closely matched their personalities were more satisfied with life. This was true regardless of income, age and gender.
No matter how much changes in markets, no matter how many theories you choose to place confidence in, one thing will remain true regardless of approach. All else equal, lower fees will result in better performance.
Any time you buy a product, the value should always even out to $1.00 per usage. After all, why would we spend $150 on a pair of jeans if we weren’t planning on wearing them at least 150 times?
Hopefully your financial independence demons are infrequent guests, but we wouldn’t be human if they didn’t dine on our brains every so often. I hope this post gives you some fresh meat with which to distract them.
After quitting our jobs and selling almost all of our possessions (including our house and one of our two cars) we moved over a thousand miles away to sunny Florida to live the Disney FIRE Lifestyle.
I thought it’d be fun to buy some Dogecoin and RIDE IT TO THE MOON! But in the end, it was harder for me to buy a Dogecoin than it was to actually buy a freakin’ Shiba Inu.
I spent 13 hours on a Saturday cataloging the entirety of my wardrobe in a massive spreadsheet… By the end of the day, the spreadsheet had more than 4,000 cells and 28 tabs.
You may not be a manager at your job, but you are the CEO of your household and your finances. So how can you take this management philosophy and apply it to your life?
Steve works 250 business days and 8 hour days. He delivers income each month based on my holdings… He’s a cool guy, he does work for me and never asks for anything back.
Do your best while you are working for your boss. But once your working hours finish, turn off from work. If you have energy and time to work, work for yourself.
Sarah & Laura
Just like it’s important to have a regular decluttering practice for physical or digital items, every so often it’s time to take stock of the ‘pebbles’ in your life to see what can be removed.
I retired on a sort of “lean-FIRE” budget, confidently told the world I’d be just fine, and five years or so later, I’m a wreck, I’d lost my partner, and I had to make sizable changes.
Do you have an activity that you’ve been putting off? Writing? Investing? Getting in shape? Building a relationship? Whatever it is, the best advice is to just start doing it. And start doing it very poorly.
Happiness is a choice. You have to choose to do the things that make you happy. You have to choose to be the person that you want to be. You have to manage your expectations.
The key to unlocking any door with a perfect stranger is to ask them about their favorite stocks. They will talk forever about the stuff they were smart enough to buy, and reveal a lot about themselves in the process.