I do this a lot when I want to buy something online. The only thing that will make me delete my cart is the shipping cost.
Shipping is always expensive to Hawaii.
Do you do this too?
1 034 seconds ago
✨𝗪𝐨𝐧’𝐭 𝐢𝐬 𝐚 𝐩𝐫𝐨𝐛𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐧𝐨𝐭 𝐚 𝐜𝐞𝐫𝐭𝐚𝐢𝐧𝐭𝐲! ✨
Currently, we have paid off almost $𝟏𝟎𝟎𝐊 𝐢𝐧 𝐭𝐡𝐞 𝐥𝐚𝐬𝐭 𝟑 𝐲𝐞𝐚𝐫𝐬! This wasn’t by accident.
Prior to 2017, I was spending money on pets, car parts, dates, outdoor toys, and clothes.🤷
I wasn’t making any progress because I spent everything I made. Things changed when I started viewing finances through a 𝐟𝐫𝐮𝐠𝐚𝐥 and 𝐢𝐧𝐭𝐞𝐧𝐭𝐢𝐨𝐧𝐚𝐥 lens.
𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝟓 𝐫𝐞𝐚𝐬𝐨𝐧𝐬 𝐲𝐨𝐮 𝐰𝐨𝐧’𝐭 𝐠𝐞𝐭 𝐨𝐮𝐭 𝐨𝐟 𝐝𝐞𝐛𝐭:
💰Too much house
💰No emergency fund
💰Only pay minimums
I have used all of these excuses in the past which is how I racked up $𝟏𝟏𝟎𝐊 in debt and kept it as a pet for so long.😂
This isn’t to shame anybody but 𝐫𝐞𝐟𝐥𝐞𝐜𝐭 on your personal 𝘩𝘢𝘣𝘪𝘵𝘴 and see if they align with your 𝐠𝐨𝐚𝐥𝐬.🎯
We all make mistakes but the desire to change and improve is critical to cause change.💪
Don’t let these excuses hold you back anymore but avoid the pressure to be perfect.
𝘔𝘪𝘯𝘥𝘴𝘦𝘵 𝘪𝘴 𝘵𝘩𝘦 𝘥𝘳𝘪𝘷𝘦𝘳 𝘰𝘧 𝘤𝘩𝘢𝘯𝘨𝘦 𝘣𝘶𝘵 𝘢𝘤𝘵𝘪𝘰𝘯 𝘬𝘦𝘦𝘱𝘴 𝘺𝘰𝘶 𝘰𝘯 𝘤𝘰𝘶𝘳𝘴𝘦.
𝗪𝐡𝐢𝐜𝐡 𝐨𝐟 𝐭𝐡𝐞𝐬𝐞 𝐭𝐨𝐱𝐢𝐜 𝐦𝐢𝐧𝐝𝐬𝐞𝐭𝐬 𝐝𝐨 𝐲𝐨𝐮/𝐝𝐢𝐝 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞?⬇️⬇️
Please like and follow!❤️❤️
Many of us have at some point made financial mistakes. My biggest mistake is walking into a dealership at 21yrs old and leaving the dealership in debt with a brand new truck.
I put down 20k yet still walked away with a 5yr truck loan with a $600 monthly payment. The good thing about making that mistake is that we have learned to never ever finance another vehicle again.
If I were to go back, I would've bought a used truck or a cheaper vehicle in cash! To think that the $600 monthly payment could've been invested still makes me mad.
What are some mistakes that you have made in the past and learned from since?
1 629 minutes ago
On Friday I made a $835.85 payment to principal only.
SO CLOSE! I know I don't have to tell y'all how excited I am! This debt is a thorn in my side and the last thing I owe besides my mortgage. I'm claiming that it'll be gone by the end of the year!
Do you have any debts that make you cringe?
S/O to @brownandgreenblog & @coffeeandgoals for coming to my rescue when I whined about the graphs 🤣 I got it started but in the end, my awesome VA did this. I'd tag her but I want to keep her all to myself forever. 🙈
1 1339 minutes ago
Reminder: Look at your employee benefits.
I made a $4,000 mistake by not looking at my benefits. During a three-period, I was contributing to a parking/transportation fund through work. First, I thought I had the correct benefits card linked as an auto payment for the account. Second, I thought I had canceled about during the prior year's election. I was enraged 😡 to learn $4,000 was in the account, and when I left the company, the money stays with the company or lost.
⭐Learn from me - spend time this week looking at all your benefits and funding. You may have elected a benefit in the past resulting in money left in a fund. Understand whether this money can be transferred after employment or if it stays with the company. This information will also help you prepare for upcoming benefit elections.
1 040 minutes ago
Let’s talk Real Estate 👇🏼👇🏼👇🏼
Real Estate has long been known to be a road to wealth.
It’s crucial for us to know how to build wealth through real estate investing.
One of the biggest factors of building wealth through real estate is inflation, a property value appreciates in value depending on many factors – from development in the area to upgrades done on the property, even to discoveries of valuable minerals or other commodities in the area.
Many buy to hold and rent out adding even more income off their investment. Some opt to rent out their properties, or even a portion of their properties for vacation purposes – such as Airbnb, VRBO or HomeAway.
While many eye residential properties as their main option, did you know that commercial properties are just as lucrative and could even bring in more income?
Many tenants will pay fees for contractual options like right of first refusal on the office next door.
Taking a mental health day & dreaming about early retirement 😌🤣
1 559 minutes ago
I did a live yesterday talking all about #naca . If you missed it, I’d def recommend going and checking that out.
But I created a quick recap of what was discussed on the live about NACA.
NACA is a non-profit, that is available in all 50 states, that helps no home buyers in the process of purchasing a new home but being able to offer. NO DOWN PAYMENT, NO CLOSING COSTS, and NO PMI.
Yes, you read that right.
Swipe to learn more 👉🏼
This weekend was amazing in so many different ways!
We went backpacking and camping next to a lake. The morning view was so dreamy. The campsite was so quiet and peaceful. The more solitude I get, the more I crave it. In this moment, the hustle and bustle didn’t matter anymore.
In this moment, I got to stand still, be with my thoughts and emotions. This moment also lit a fire under my ass that this is my goal. It’s not the money that I’m after, it’s the freedom that I’m after. I just want to LIVE, in a way that I don’t have to rush to be anywhere. I get to live my life at my own pace.
I don’t need a multi million dollar house, an expensive car, or a lavish lifestyle. I just want to wake up and have a slow morning because I don’t have to respond or answer to someone at a certain time. I want to work on my business and not in my business.
Don’t miss our IG live tomorrow with @financecarlos from @crediverso!
If you didn’t know, Carlos was on episode 27 of the podcast, and we are going live to talk about all things credit.
Credit was/is a mystery to many, including me as a college student. I didn’t understand it, but I knew if I messed up my credit, I was gonna ruin my life (according to my parents). 😆 Latinx parents are so dramatic, verdad!?!
On our IG live, @crediverso and I will be answering all your credit questions. If you have a specific one you’d like us to answer during the live, drop it below!
"You may have only have one penny to your name, but no one else has to know that."
I heard this saying quite a bit growing up. At the time it seemed like no big deal. It impressed upon me at an early that having less was fine, but appearing to have less was not. As I have gotten older, I now understand that this way of thinking can be very damaging. There have been times when I KNEW I wasn't in the financial position to make certain purchases, but I did it anyway because I thought it looked good to others. I would make the purchase, but never felt peace. My views on this have since changed. Living a life based on others' perception of you may make you feel good for a little while, but it will eventually make you feel empty. I started my debt free journey because I wanted my quality of life to improve. I don't care about looking the part. I care about being the part. If you're truly doing something for yourself, the opinions of others won't matter. You have to be able to look in the mirror and be happy with the life you have created for yourself.
What about you? Were you ever given any advice that wasn't so great? How did it affect you? Share in the comments below!
Zooming out to look at life from the bird’s eye view.
We’re currently in the dead middle of my planned working years. The last decade had been focused on building our family and securing our future. We are finally approaching the years when the focus can be less about us (DH and I).
Once we are mortgage free, DH and I have a really good shot at a secured retirement. We will then can move focus towards helping the people we care about, our kids and our parents, to help them reach some level of security. The details of what that may mean is personal to our family, and honestly still to be worked out, but we will undoubtedly need to the fund to do so.
This macro plan really helps to reassure us (mostly me) of where we’ve been and where we have to go.
6 472 hours ago
This is a long one! But I found these tips from the book, A Simple Path to Wealth to be very useful.
That book in general was so helpful in understanding financial independence with many actionable steps, I highly recommend it!
Follow these steps if you’re new and don’t know where to start!
The answer definitely wasn’t obvious to us in the beginning, but once we understood what an Asset and a Liability is; it became crystal clear.
Your car is a big liability, and we know this first hand since we’ve bought two brand new cars before.
The second you drive that car off the lot, you lose 30% of it’s value since it become “used.”
Instead, take advantage of this is buy “new-used” cars right at the peak of their depreciation curve.
⚠️There is also the argument that a car can be used to generate income through gig economy work like Instacart, Uber, Turo, etc or the argument that classic cars are assets⚠️
What are your thoughts on Cars?
Do you include your cars worth in your Net Worth? 🤔
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16 252 hours ago
Remember yesterday’s post? Please go back to read it if you haven’t already.
There are a lot of things to consider when choosing an investment property. With the multitude of aspects to keep in mind, there are certain hidden damages in properties that are easily overlooked by an investor. Upcoming mechanical failures, problems inside crawl spaces or behind siding, roofing, and certain structural damages are examples of valuable information that may not be so obvious to an investor. If not found early on, these can easily change the return on investment for a property. A seasoned home inspector can catch these items. Knowing that a home inspection can have immense value to the investment, what are some key things to consider? I’ve compiled a few tips to help you.
To read the tips and more; check out my blog ‘ Home Inspection Tips for Investors’ by clicking on the link in my bio.
2 222 hours ago
It’s not done yet . . . But I’ve very close so I’m going to post anyways 😉🤷🏾♀️
I’m almost done paying back my student loans. This December will mark four years since I’ve graduated from grad school (😅) I always thought it would take me 10 years to pay back my loan because that was the loan schedule I was placed on.
I discovered the FI movement in late 2017 (before then I would literally spend more money eating out then I did on paying back my student loans) and that’s changed the trajectory of my life.
Now I’m on track to have my loans paid back before the end of the year and it’s a great feeling. 💃🏾
Right now, my estimated FI number is $1.8 million.
▶️ My average monthly expenses range between $2,500-$3,000/mo without kids or a mortgage (although I do currently pay rent).
▶️ I just estimated that my expenses later in life may be $6,000/mo multiplied by 12 months = $72,000/yr multiplied by 25 = $1.8 million.
▶️ I can see my FI number going up as life happens later but for now, I’ll use $1.8 million so using my July 2020 net worth, I’m at 26.83% to FI.
Context: SINK, 29, no debt, working in Tech, living in a HCOL area.
After talking it over with hubby our actual FIRE number has increased from 1.5M to 2M. In order for him to feel comfortable with us both leaving our jobs this is the number he wants to see.
We are considering if we were to have children in the future what number would we really be comfortable with 🤔. We still don’t know where we will live in the future and the type of life style we will want to have, so we think a good goal before quitting our jobs is 2M.
Our FatFIRE number is 3.5M. 💰💰
When we did the math, 4% drawdown on 3.5M is much more than enough to live “our best lives” on 🏝🧘🏽♂️💃🏾
Also we are using investment balances and not net worth for FIRE because we don’t want to include our home as an asset that generates returns relative to the market.
What were you taught?
And how does it compare to what you believe now?
Love to hear your thoughts in the comments below...
2 44 hours ago
Following yesterday’s post, I want to highlight three of the main advantages of Index funds.
1-Passive management=not having to heal with constantly balancing your fund to find the right stock and picking them yourself. You invest and let the fund do it for you.
2-Unlike a mutual fund, Index funds have lower fees because humans are not managing the fund. They are maintained by computers. Thus they are able to pass the saving to the investors.
3-if you were to buy the top 6 stocks in the S&P, you’d need to spend sever thousand dollars... but, instead you can buy index funds that have portions of all the shares in it for just a few hundred. It will automatically keep diversifying over the life of the fund.
These are just a few items to highlight for index funds.
Keep up the hard work and keep your goals in sight!
👉 Here are five frugal living habits of Warren Buffet we can all learn from! ⠀
👉 Please DOUBLE TAP ❤ if you enjoyed this!⠀
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5 314 hours ago
I feel like these posts have been pretty uninspired lately, which is honestly a reflection of how I have been feeling during my work hours. Grumpy, tired, and just getting through. And with an upset stomach to boot, because after keto I discovered I am apparently sensitive to soy. Never knew that one before.
Anyway, with all that said, today I am grateful for perseverance. For the aspect of myself that commits to doing something, and does it even when it is uninspired. For small steps that build up over time. For learning about myself through going through the process of an incredibly upset stomach.
So my goal this year was to reach $50,000 net worth.
And I surpassed that. How about making it to $100,000 net worth by the end of the year??
Are you ready to start making money moves?
Join my Money Boss Program!!
Waitlist for the August session STARTS NOW
I’m here to guide you along your financial journey and help you make money boss moves! No matter where you are on your journey, we can work together to reach your goals 🙌🏼
My program is for anyone who:
▫️is tired of having debt looming over their shoulders
▫️can’t stick to a budget
▫️is guilty of over-spending
▫️is ready to achieve financial freedom!
My program includes:
✨3 months of support
✨10 zoom action calls
✨access to my budget spreadsheet
✨an accountability partner to help get you where you need to be!
I have 3 spots available for waitlist for my Money Boss Program
Send me a DM or apply via the link in my bio! First come, first served!
Don’t hesitate to DM me with any questions!
Check out the link in my bio for more info! 🔗
29 11614 July, 2020
WARNING: super happy/excited, good vibes may rub off on you 🤪
My DJI OSMO pocket is coming in any min!!
(It’s a high tech gimbal (type of camera) that shoots in 4K and has great audio for like $300 😍
I honestly can’t contain my excitement! I have taken the leap in my journey to start my own YouTube channel!
I’ll be giving out weekly videos on:
💰forex trading how to’s
& maybe some lifestyle + travel ⚡️(Since I have the camera for it lol)
I had originally planned to start my YouTube channel later on but I realized...
THE TIME IS NOW 🙌 there’s never a perfect time to do anything so
No more waiting, let’s make things happen!!
💥Link in bio to subscribe!! Push the notification bell so you’ll be notified about my first video!💥
What do you guys want to see first? Tell me ⬇️
68 27823 July, 2020
On my way to crush my July goals 💪🏼
I’ve been reflecting a lot on my financial journey and I remember how I used to never set any goals around money. 4 years ago, I had maybe 5k to my name and 8k in credit card debt. It’s insane to think how far you can go when you start to make goals for yourself.
I began setting little goals, like ‘I want this amount saved up by end of summer,’ and then, ‘this much by end of year.’ And then little goals led to bigger goals, ‘I want to bring in the most revenue in the office this quarter,’ and I would write that down on a post it and stick it to my computer to look at every day.
In all my coaching sessions I ask my clients to become goal setters too. If you don’t set goals you won’t have a plan and can wind up far off from what you really want.
✨Like if you are ready to hit some money goals too!
14 11927 July, 2020
📈 Adding another financial milestone: $100k in my 401k 🎉
I opened my 401k in the fall of 2015, when I started my first job. I didn’t even know what a 401k was, but I knew I had to put in 6% to get the employer match
I’m glad I started, instead of waiting until I “knew” what I was doing. 5 years later, my 401k is at $100k & only going up! 🔥
69 1,21128 July, 2020
Melea always making Sunoa laugh 🤣🤣♥️♥️.
Our why for FI ❤️
I did it! Up until today, I've been anxiously waiting on my 🏡 refinance, and on Monday I finally signed my new mortgage. I was able to lower my monthly payment, lower my interest rate, and got some 💰 back!
Also - I filed my taxes (and got a refund 🥳) and published a new blog post (link in bio!). Needless to say, despite what a difficult week it's been, I'm proud of myself.
Patience is not my strongest virtue, but I kept reminding myself that good things take time. The same goes for you: waiting doesn't last forever, and when it comes it will be better than you could have imagined! What are you (im)patiently waiting for?
July was a good month for me. I invested $1317.48 for my biz development
I enrolled in some kick ass courses and purchased a DJI Osmo pocket so I can produce some killer content
I'm grateful to be in the position to invest in myself like this and I’m beyond excited for my ROI 🤑💰
Stay tuned to learn all the deets about my entrepreneurial endeavors!
What are some investments you made last month?
63 2523 August, 2020
"Couples - STOP Fighting About Money & START Building Real Wealth Our Tips To Get on the Same Page"
This is the title of today's YouTube video. We've been hearing from a lot of people on this subject so we wanted to share our perspective and experience. Some married couples have been on the same page (financially) from day one, while others struggle to get on the same page. BUT, if you're not currently on the same page - it doesn't mean that that can't change. In this video, we talk about our best tips for getting on the same page with your spouse when it comes to money and finances. We hope you and your spouse watch this video together and begin implementing the tips that we talk about - because the more you can work towards getting on the same page financially, the easier it will be for you both on your FIRE journey!