A little while ago I wrote about how my smart home hobby turned profitable when my other blog, SmartHomeReviewer.com started making money. After posting it, I spent some time deep in thought about investments and passive income. I wanted to know how I could find other ways to create passive income streams that spun off… Continue reading Why Blogs are Such Great Passive Income
Tag: millionaire
The Side Hustle – My Hobby Turns Profitable
In late 2013 my wife and I moved into our house during an especially cold Fall. We’d just upgraded from a small condo to a large house, and we were officially house poor. By hilarious coincidence, our closing date was just three days before we were scheduled to leave for a non-refundable Dominican Republic vacation… Continue reading The Side Hustle – My Hobby Turns Profitable
I Just Cost Myself Four Years…
My family has grown since I started this journey to financial independence. Thankfully my salary has grown along with it, and my debts have shrunk. During this time, my house has remained the same size. Don’t get me wrong, our house is large enough for both kids to have their own room, and another bedroom… Continue reading I Just Cost Myself Four Years…
Equal and Opposite Spending
I once worked with a man who came into a large sum of money. Shortly thereafter, he showed up to work in a brand new Tesla Model S. It was 2014 and Tesla’s were still very rare, even in New York. The car was incredibly impressive and people actually lined up to get a look… Continue reading Equal and Opposite Spending
My Financial Goals for 2019
Last year I had but one tiny little financial goal: Pay off the student loans. We accomplished that goal during our very expensive May 2018 “spending spree” when we sent a lump sum payment of $34,865.80 to our loan servicer, eliminating the last of our college loans for good. To celebrate that huge financial milestone, we… Continue reading My Financial Goals for 2019
A House You Can Grow Into
“I think we should look at something a little smaller, and then when you have kids you can upgrade.” That’s what I heard from my realtor over and over as I shopped for a house. I had lived in a small two bedroom condo for eight years and the idea of buying a starter home… Continue reading A House You Can Grow Into
That Fear
I’ve been poor before. Not all that long ago I was a recent college graduate with a degree in computer science living on unemployment in the post dotcomm and 9/11 New York metro area. I’d gratefully lost my first job as a C programmer and the seemingly decent income that went with it. I had… Continue reading That Fear
A True Emergency Fund
Personal finance guru’s love to talk about your emergency fund. There are varying amounts of money that they suggest you should sock away in case of an emergency. I am not taking a contrarian stance on this because I wholeheartedly agree, but…. I am old enough to have had a number of true emergencies. I’ve… Continue reading A True Emergency Fund
Paid Off Our College Loans
Freedom comes at a price. For my wife and I, that price was $34,865.80. I must be out of my mind! Being older than my wife, my college loans have been paid off for almost eight years. But we were six years from fully repaying her loans. My wife graduated right at the end of… Continue reading Paid Off Our College Loans
The PMI Problem – SOLVED
A few weeks ago I wrote about my PMI problem. To summarize, I’ve been paying $195/month in PMI. I think home appraisals are subjective nonsense. I wanted to remove PMI multiple times but the bank laughed at me. After posting the article, I manned up and called my bank. I explained how I’ve completed many… Continue reading The PMI Problem – SOLVED
Freed by 50 