Our Financial Path.

Live a Better Life with Knowledge and Financial Independence

Month: August 2016

First Guest Post with Gen Y Finance Guy

A while ago, I’ve written a post on the importance of bonds in a portfolio but did not publish it. I chose to rather share it with my friend Gen Y Finance Guy to guest post on his site. I have been following his blog since he started out and really enjoy his views and writing style.

 

GYFG has been sharing his thoughts now for 2 years and shares his net worth in full transparency along the way.
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From $75,000 in Debt to Millionaire

I read a lot of personal finance blogs and publications but one thing strikes me; there are so many writers that are telling their heroic stories about how they got out of debt. Guys like Grayson Bell from Debt Roundup is seen like a superhero when he gets out of $75,000  of consumer debt in 4 years.

I am all for getting out of debt and sites like Grayson’s does help thousands of people get out of the debt trap but there is nothing heroic about getting into debt in the first place.
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I Join the Million Dollar Club

Today, I decided I would join J.Money‘s Million Dollar Club.  The purpose of the club is to commit to a list of habits and plans to bring you to the first million. Since your chances of success increase dramatically when you surround yourself with like-minded people, I decided to join the challenge. I already mentioned that I wanted to retire by age 35 but now I am publicly committing to it, I will be a millionaire by age 35.
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Stock Market, Savings, and New Jobs

Every day we are bombarded with news. In the finance world, it goes from bad, to somewhat good, to plainly dreadful news. 🙂 In my field, I see many financial planners or financial service providers that will have TVs playing CNBC all day! I do not know if it is to show their client that they are on top of things or just to use as a decoration but personally, I think that the former use is much more appropriate.
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