Author: Roman

Financial Independence is Much Harder as a Couple

Love ain't FIRE

Love ain’t FIRE

It’s true.  Math and Science don’t lie!  I will prove it in this article. 

Getting to financial independence or retired early (FIRE) stage is not easy – it requires of years of persistent effort, discipline and an ability to think for yourself and often against the ‘grain’ of modern lifestyle and social norms.   Maybe one in a hundred people will have the wherewithal to reach FIRE.   So, the probability of getting to FIRE is say about 1%, whether you are a man or a woman.

(more…)

Like it? Share it!

Read More

M.O.N.E.Y. for Nothing

Recovered from election fever yet? As I said before, we will be persistent and will progress forward no matter who gets elected. Can we get back to business and personal finance?  Good. Everybody wants money.  Okay, maybe not these disciplined Buddhist monks going to their prayer hall.    But even the slippers they wear cost […]

Like it? Share it!

Read More

It’s Not (Always) About The Number

How mainstream finance sees you

How mainstream finance sees you

The problem with traditional retirement planning and even personal finance oriented websites (including this one) is that they all focus a lot on the number, that is, our retirement stash that we aspire to get to.  For those having a set target, this laser-like focus on ‘hitting’ that number can turn into an obsession.  For those with say, a $1 million target, reaching a precise figure of say, $933,240, may still feel like they fell short.  That is far from the truth.  The number doesn’t define who you are or isn’t even a gauge of what you have accomplished in life.

(more…)

Like it? Share it!

Read More

How I Screwed Up My Early Retirement

Don't miss it!

  Don’t miss it!

Opportunities in life are like a train in an impoverished country.  You better get on it whenever you see one going in the direction you want. Otherwise, you don’t know when the next one will come!

This post is a confession of my screw up where I passed on a rare chance to retire early….real early.  Read this tale and avoid the mistake I made, so you can catch the express train to early retirement.  Otherwise, you never know if it will stop by your station again. (more…)

Like it? Share it!

Read More

Stop The Fear!

Fear is everywhere.  Our politicians scare us about a doomed future if they aren’t elected or if any of their policy proposals are rejected. TV reporters paint fearful pictures of our communities, our nation and our world by the images and news that incite fear and negativity – right in your home’s 75 monstrous inches of full HD 1080p resolution […]

Like it? Share it!

Read More

Right Way To Think About Risk

This is not a topic you hear about much in mainstream finance.   Even if you understood the efficient frontier and also that risk and reward are probability-based, there is a fundamental difference in our approach to risk that mainstream financial planners don’t bother to even ask.   This is about risk tolerance vs. risk affordability.

(more…)

Like it? Share it!

Read More

Thank You!

I am happy to share with you all today that this website has crossed two milestones.  It is now a 3-month old baby and it has crushed Alexa 500K rank!  I know nothing of web marketing and SEO tools (did not even know what the letters stood for until about a year ago) and yet, this website is making a steady march forward.     

This would not have been possible without you.  Thank you readers and fellow bloggers!

(more…)

Like it? Share it!

Read More

How to Earn Like a Boss AND Be Treated Like One

Stop paddling through a lousy job. You deserve better!

Stop paddling through a lousy job. You deserve better!

Most people work in jobs that drain their energy away.  Faced with mortgage or rent, car payments, student loans, credit card debt and other IOUs, most of what gets deposited to your bank as your ‘paycheck’ is gone by the first week of the month.  You still have 3 more weeks left before the next paycheck comes.

(more…)

Like it? Share it!

Read More