By pure happenstance, this was the first credit card that I applied for to begin my illustrious “career” as a travel hacker and it is still the card that I recommend to anyone just starting out on their travel hacking plans. I truly got lucky picking this card first, but I’m hoping I’ll be able to actually explain why you too should pick this card first in the below review. So let’s look at the specs on this card. The Basics Bonus: 50,000 Points when you spend $3,000 in the first 3 months of opening it Annual Fee: $95, waived the first year Credit Needed: Good – Excellent Earning Points:…
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Book Review: Quit Like A Millionaire
This book was written by Kristy Chen and Bryce Leung who write on their blog Millennial Revolution about their journey to financial independence. I have talked about it in the past, but their blog was probably one of the biggest influencers for me to begin my journey towards financial independence and document it. So I’ll try my best not to fanboy out when I write this book review, but no promises. Kristy and Bryce were able to do something that few have and retire in their early 30’s to travel the world. They didn’t win the lottery, or receive a big inheritance. They simply just made better choices than most…
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Semi-Retirement with Traveling Healthcare
In continuation with my post last week on partial financial independence (FI), I wanted to show how powerful partial financial independence and traveling healthcare can be when combined together. So if you remember from my last post, partial FI, is basically when you have enough funds in your portfolio where you can take your foot off the gas and work less while still maintaining your portfolio. Basically, you work enough to cover your annual expenses or some of your annual expenses and then let your portfolio do the rest. For many people, this lets them enjoy life more without the stress of their daily grind to work each day. It…
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Partial FI: “Retire” in Half the Time
Financial independence or early retirement, just like paying off debt, can be a major mountain to climb, especially if you are just starting out. A mountain that once calculated, can seem very overwhelming or nearly impossible to overcome which can sometimes lead to a stop in momentum towards reaching these goals. This is true in all professions, but I know based on first hand experience it can be especially true in the healthcare world especially during times like these. It’s hard to see how you could grind this hard, day in and day out yet still have 10, 15, 20, 25, 30 years left until you reach financial independence/retirement. However,…
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Should I Pay Off My Mortgage or Invest?
This is a common debate amongst people on their way to retirement/financial independence and one that likely has multiple financial and psychological components. Meaning that there likely isn’t one cookie cutter answer to this question. So before making such a big decision, this question deserves some serious thought. This post will by no means be a post telling you what you should do in your own situation, but it will be informative about what the math says about this decision. Thus allowing you to create an equation for your own unique situation/circumstances so that you have all the information available before you make the best decision for you. To Pay…
