Growing Up in a Hoity-Toity Town

I was recently thinking about how the town I grew up in might have shaped the way I feel about money.  Both Mr. SFF and I had similar backgrounds even though we grew up in different states.   Our home towns were both upper middle class and great places to raise children but as we both watched as our families struggled through difficult times and I can’t help but wonder if this shaped the way we manage our money today.  (And to be clear, neither of us have even been given or inherited any money from our families. All of our wealth we have created on our own.) Continue reading “Growing Up in a Hoity-Toity Town”

How Our Journey to FIRE Has Strengthened Our Marriage

The divorce rate in the US has statistically been high in over the past few decades.  For a while it was believed to be around a rate of about 50% although new data (thankfully) shows this number has actually declined.  Now there are many reasons for divorce but a couple of the consistently top reasons are money and communication.  For the SFF household though, this is certainly not the case. Continue reading “How Our Journey to FIRE Has Strengthened Our Marriage”

Tax Time is Here

Are you the type of person that absolutely loves this time of year?  I mean, the whole processing of the tax return can be a pain but many people get money back so it can be pretty great.  Or do you dread the April 15th (or 18th this year) deadline as you know this means you have to write a big check to the good old US of A?  For us I don’t look forward to tax time but I also don’t really dread it. Continue reading “Tax Time is Here”

Our First Investment Property Hiccup

When you own an investment property you know in the back of your head that nothing is guaranteed and that something will come up.  Well it turns out that for our new property, it only took a couple of months before we had our first hiccup.

As we sort of inherited the tenants when we closed on the property in January we actually know very little about them.  We have their names, email addresses and phone numbers and that is basically all we know.  We are kind of stuck with them until their leases are up this summer. Continue reading “Our First Investment Property Hiccup”

Are You Playing Offense or Defense with Your Finances?

The way to win a any game is to have a good combination of both offensive and defensive plays.  If your quarterback can’t make a single successful pass then it doesn’t matter how good your linebackers are at intercepting passes or tackling running backs.  Or if the quarterback is the best on the league but the defense gets trampled every time the ball changes over then you have only a slim chance of winning.  The best teams out there have a really good balance of both offensive and defensive players. Continue reading “Are You Playing Offense or Defense with Your Finances?”