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My Journey Towards Financial Freedom

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Packed up my stuff and moved out.  It was over; she knew it, so did I.   

If I had to pay someone else’s mortgage, at least help with it, then it would be family. So I moved into the unfinished and long forgotten apartment.  Finished it up and both parties ended up quite happy. They now had rental property and I had a place that I liked.

High time I put my needs ahead of others wants.  Not irresponsible, or even selfish.  I simply prioritized.  Really got on track.

I had started contributing the maximum allowed by the IRS into my 401K and soon thereafter learned that I could actually retire at the age of 59 ½ and start withdrawing from the plan without incurring any penalties. That became my goal.  Not have to work a day past that point.  At least not at a job where my sole purpose was to make money.  Wish I had known about this a few years earlier.  You can read all about my face plant moment here..

Working 40+ years, the best and most energetic years of my life so that I could finally …

Steps To Lord Over Your Life Like A King

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Life is not supposed to be hard, but sometimes we do things that make it so.  It should not be that way.
Here are several steps we should take to make life easier and in the long run more fulfilling.  
1. Automate Everything
Often times we are overwhelmed by our bills, but budgeting is a pain in the neck. We set one up but are unable to stick with it, or worse...never even  get one set.  Do nothing and the financial mess continues to get larger and deeper.  
Easiest way to keep budgeting to a minimum is to automate everything.  All fixed-amount recurring bills; the mortgage, the car, the phone.  Take a set it and forget it approach.  One less thing to worry about and many offer some type of discount if you chose to make automatic payments.  
Same goes with retirement accounts.  You need these automated so that the deposits are made before you see it hits your bank.
2.Eliminate Debt
You got in debt over time, and you will not get out overnight.  With some discipline and the know-how you can …

Life Experiences Are What Really Matter

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Our consumer oriented culture has always told us that owning more will make us happy. The big house, the fancy car, a closet full of designer labels, the expensive stuff we needlessly collect.  No matter how luxurious, large or expensive do not really make us any happier. These material goods do not define us, any many times are just part of the never ending competition with those around us.
The pursuit of happiness by acquiring what amounts to junk, because that is what it soon becomes, obsolete junk shortly after purchase. This junk will soon be replaced by newer, more expensive stuff that will be once again replaced in a never ending cycle.
Will possessing more make us exponentially happier?  If owning five pairs of shoes makes you happy, will owning say ten pairs make you twice as happy? Does not work that way.  We cannot buy our way to happiness, that is not the way there.
Remember the Palm Pilot?  It was a hand-held device that allowed you to take notes, store data and the like whi…

23 Tasks to Find Your Happy and Change Your Life

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Once we step into adulthood we become so consumed with life that we forget to live. The mortgage, the student loans; they all get in the way. Our dreams are put aside and what we hoped to accomplish is never to be finished. They say that when we grow old we regret not doing what we wanted to and never did more than things we did that came out wrong. So do what makes you happy.
1. Forgive your parents for mistakes they may have made during your childhood. Nobody is perfect. Hopefully you learned from them. 2. Forgive someone for a past transgression. Let it go, if just for you.

3. Eliminate toxic people from your life; regardless of how hard it may be.  You do not need all the negativity in your life.

4. Take a vacation by yourself. Go where you want, when you want.  You get to see, do and eat what you want.  Every choice will be yours and yours alone.

5. See your favorite band play live.

6. Watch your favorite movies one more time.  Can watch some of mine on mute and recite every line.

7. T…

Take Your Vacation, You Earned It!

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Suddenly inspired...Sitting here poolside under a palm tree relaxing while on vacation, a thought crossed my mind. We all love to vacation, yet many people lose vacation time; they simply let it go unused.  I don't understand how someone does not take the time off, you earned it.

A vacation is beneficial to all involved, the employee, their employer and the economy.  
Breaking away from the daily routine gives the body time to rejuvenate and heal itself. A study conducted by the University of Pittsburgh revealed that taking part in leisure activities like vacations contributes to higher positive emotional levels, less depression, lower blood pressure and smaller waistlines.   A vacation also resets your mind. By stepping away for a few days the batteries get recharged because you remove yourself from a major source of stress thus avoiding burnout.
The traditional vacation may not always be an option.  The costs involved are a major hurdle when planning that long wished for trip.  Some…

How To Absolutely Get Yourself FIRED Today

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My primary goal is to reach Financial Independence and retire early and work because I want to and not because I have to. Whether you want to join and retire early, or work until you are 62 or 67 or wait until you after you turn 70,  having a  retirement fund is must.

There are many tools available and you need to make use of these as soon and as often as possible. You can actually start using these tools before you reach the normal retirement age.

First some of the tools.

The 401K is the a tax-qualified account where, retirement savings contributions are both provided by the employer and deducted from the employee's paycheck usually before taxation.  Most employers will match a percentage of employee contributions, up to a certain portion of total salary. The maximum pre-tax annual contribution is set at $18,000.  Employees aged 50 by the end of the year and older can also make additional catch-up contributions of up to $6,000.

Traditional 401Ks are a retirement savings plan sponsore…