The view of the American dream is shifting. The generations before were “get a job, buy a house with a 30-year/15-year mortgage, work for 40+ years at that job while putting money in your 401K or IRA, retire, live off of your investments.” What about now? The norm is shifting. We Millennials are changing jobs more than…
Author: KDColl88
After giving you all more than enough information on my past, my wife’s past, and a glimpse into where we are now, I thought it may be good to show the numbers on what our first real estate deal has been: Monthly Income: $1,750.00 Monthly Expenses: $1,550.00 Monthly Cash Flow: $200 NOI: $12,498 Total Cash Needed: $48,500 Cash on…
I believe this will be the last of my posts divulging our past and foundation of the present, and this should be slightly more tangible in what exactly we are doing to work towards increasing our wealth and financial independence. I mentioned in a previous post that my first property purchase was a single-family home…
I have to date mostly provided a small glimpse into my past and where the foundation of my journey into the financial world began; now I will give you a look into where we are now. Let me first say, that two inherently “messy” people coming from completely different upbringings and thoughts on money deciding…
As the last post showed my beginnings in the financial world, let me give you a brief snapshot of what has happened since and where my wife and I are now. As many of you surely know, life under the parents roof is significantly different than life on your own! No free meals, no free rent, no…
I have always been a fairly frugal person… okay that may be an understatement. I grew up in a small(er) town where I could bike most places and most of my “fun” was had at no cost whatsoever; so what little income I did make, I generally saved nearly all of it (If only it were…
Welcome everyone! After toying with the idea for months (probably more honestly, years…), I have finally decided to start my own blog, mostly on my (and now me and my wife’s) financial journey. My wife and I currently have some debt in the form of her student loans (started around $40,000 – currently closer $25,000…