This blog article will help you determine what to do with the money you have saved to invest by further explaining index funds and the 4 Percent Rule. It will help you get started utilizing Mechanism 4 – Invest your savings wisely! In chapter 23 in First to a Million, I went over the index… Read more »
In Post 22 and Post 23, we were introduced to Cayla, who is a 22 year old young professional. She just moved to a new city and is thinking about buying a car. She has $3,000 saved up and ready to go. But before she started test driving different options, she decided to do a little research on the costs of owning a car.
In the previous post, we were introduced to Cayla, who is a 22 year old young professional. She is actively pursuing financial independence, so she knows that a car isn’t a real asset. But, she just moved to a new city and is thinking about buying a car. She has $3,000 saved up and ready to go. But before she started test driving different options, she decided to do a little research on the costs of owning a car.
Having a car when you are young is an important slice of freedom that most young people really want to have. But what is the best way to approach cars and transportation if you are a Freak, and thus value your money and future?
One of the crucial pieces to pursuing FI early in life is your credit score, and Jordan knows it. He knows that his credit score plays a vital role in his future in numerous ways. Jordan understands the variety of ways his credit score can affect his life, and the same is true for you.
Brooke got her first credit card a year ago. She has been handling her new credit card sensibly and is reaping the rewards of doing so. Brooke knows that using her credit card responsibly is incredibly important. So let’s take a look at the five strategies Brooke uses to manage her first credit card like a boss.
Tyler is a teenager who wants to start building his credit history. He knows that doing this now will help him immensely in the future. He found the perfect credit card that will help him achieve his goals by going through the options discussed below. This post will walk you through the options Tyler used to help him find the credit card that fits him best.
his post and the next two will be talking about credit cards. This first one is about why you and Maddie should get a credit card NOW (even if you are under 18). There are five main reasons why you and Maddie need a credit card now, and we will look at each one to see why those reasons are so important, even when you are young.
In Post 14, we explored the reasons why tracking your expenses is so important. This post will now guide you through setting up your Mint account to propel you forward on your journey to financial independence.
No matter how old you are, one of the most important things you can do NOW is to start tracking your expenses. To be a FREAK, you should begin tracking EVERY dollar you spend now. And here is the ultimate guide on how to do just that.
Saving money is something most young people struggle with. But to save money in college or in high school is vitally important to your future. This article introduces you to the basics of frugality and gives some specific ideas to save money now.
A freak knows they must break these 7 Life Rules!