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Month: January 2018

On Canceling Hulu + Netflix + Cable and Keeping Internet

On Canceling Hulu + Netflix + Cable and Keeping Internet

Well, I hope that everyone would understand canceling their cable. You’re paying to watch ads! Why?! Cable The reason I had cable was because my roommate had it when I moved in. It was an extra $10 for me per month, so I just let it go. I figured we’d watch cable occasionally, right? Well, we watched it 3 times in the 2.5 years I was there. It’s not my place to tell her she shouldn’t have it, but I had…

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Tips on convincing your significant other to retire way earlier

Tips on convincing your significant other to retire way earlier

One of the most common questions online and in the Meetup groups I go to for FIRE-minded people is how to get their significant other on board. If you do not have a significant other, here are some online dating tips for men. Note that I’m a woman, so I have no clue how to give tips to women. The more you think about it though, the more the question is similar to “What should I get my significant other…

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The Only Lottery With a Positive Expected Value: The Green Card Lottery

The Only Lottery With a Positive Expected Value: The Green Card Lottery

A couple of years ago a friend won the green card lottery, and as a true person who worked in finance, he proceeded to calculate the expected value of his lottery entry. How did he do it? Well, he assumed the value of the lottery was equal to the cheapest way you could pay money and guarantee US citizenship. The cheapest way you can “buy” yourself into the US currently hinges on getting an EB-5 Visa, where you need to…

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2 Incomes Are Better than One: How to Online Date

2 Incomes Are Better than One: How to Online Date

A few months ago, an FI friend confided in me that he was at a little more than $600k at 32. “That’s awesome!”, I said. He lamented,”Well, if I had a partner, I could be retired. I only really need $500k per person since expenses get reduced when you have two people.” I hadn’t thought about it that way before. Some FI guys either meet women who aren’t super into it (How to convince your partner to FIRE comes up…

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Yelp Elite: The Perks of Fancy Free Food and Cool Experiences

Yelp Elite: The Perks of Fancy Free Food and Cool Experiences

Being financially independent and frugal is about maximizing your everyday savings, but it doesn’t mean you need to live a miserable life. Staying in and cooking your own meals most days means that you have more room to appreciate and spend on occasional fancy meals. You can still have your luxuries. Enter Yelp Elite for food. For a foodie, the concept of Yelp Elite rocked my socks off. Once you were inducted you were able to attend a few events…

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Top 8 Posts of 2017

Top 8 Posts of 2017

Though this blog is a baby bird still in its nest, I still want to celebrate the wins this blog has had over the past year! So here’s a list of the top 8 posts of 2017 :). Enjoy! 1. Hustle In Your 20s To Be Financially Independent In Under 10 Years I did the math behind how much faster you could retire if you took up a side hustle. There’s a limit to how much you can save on…

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Favorite Books of 2017

Favorite Books of 2017

Compound interest grows exponentially, so why not read, to compound your knowledge? 🙂 I like to read books in the behavioral economics, finance, and personal growth department, so my books will mainly reflect that. They’re listed below unranked — just 15 of my favorite out of the 52 books I read last year. 1. Guns Germs and Steel: Jared Diamond Have you ever wondered why Europe was building multi-level stone buildings, while developed Asian countries at the time were mostly…

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Retire 3 Years Earlier By Cutting Down Your Clothing Consumption & Why I’m Going Cold Turkey

Retire 3 Years Earlier By Cutting Down Your Clothing Consumption & Why I’m Going Cold Turkey

Inspired by Cait Flander’s new book: The Year of Less, I started thinking about my consumption habits — particularly clothes. I wondered why I needed to buy new ones every year and how many years earlier I could retire by removing clothing consumption from my lifestyle. The average American Household spends $1,600 a year on clothes. Considering the average household income is $60,000, the after-tax in NY** is $42,000. 4 percent of your average household’s yearly expenditure is on clothing….

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8 Tips for Creating Your Own Financial Luck

8 Tips for Creating Your Own Financial Luck

1. Know the Market Price There are a ton of people who go out to yard sales, thrift stores, and estate sales and buy things for incredibly cheap prices, and turn around and sell it on eBay, Amazon, etc. When most people hear their story, they say things like,”Oh, they must be incredibly lucky! That kind of thing never happens to me!” First of all, this is a defeatist attitude. Second of all, the reason they can do this is…

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