How NOT To Buy A House

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The world of real estate was a strange place in July of 2007. I think at this point, mortgage lenders had an idea of what was about to go down, but still kept writing as many toxic loans as possible before their inevitable doom. Our first home purchase was one of these loans! As college students … Continue reading How NOT To Buy A House

Monthly Savings: Food

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There’s no way to sugar coat this. Before our turnaround, we spent a ton of money on food- well over $1000 a month. Coffee shops, bars with friends, eating at restaurants twice a day, convenience foods from luxury supermarkets… if the game was spending money, we were winning. Every weekend was another celebration, and most … Continue reading Monthly Savings: Food

Monthly Savings: Shopping

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In our last post, we showed how we found an extra $1000 per month hiding in our budget. While that was a great start for us, most of these savings were in bills, utilities, automotive, and other miscellaneous areas. This doesn’t give a complete picture of our spending. To better understand this, let’s look at … Continue reading Monthly Savings: Shopping

180 In Depth – Part 2

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We last left off discussing how my wife and I increased our savings rate from 8% to over 80% in a few years. How were we able to make such a drastic changes in our lifestyle? The answer is simple: we changed things slowly, from month to month, and let the savings build up over … Continue reading 180 In Depth – Part 2

180 In Depth – Part 1

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Welcome back! The last few posts here discussed our Financial 180 at a high level, but today I want to discuss some of the nitty gritty details. Let’s dive into this graph of our net income: The green portion of the graph shows our annual income, and the red portion our expenses, for the years … Continue reading 180 In Depth – Part 1