Though this blog is a baby bird still in its nest, I still want to celebrate the wins this blog has had over the past year! So here’s a list of the top 8 posts of 2017 :). Enjoy!
I did the math behind how much faster you could retire if you took up a side hustle. There’s a limit to how much you can save on your salary, but you can save 100 percent of your side hustle. After all, your savings rate is the main determinant of when you can retire! Would you rather work hard for under a decade so you can enjoy your younger years? I would.
We all have our vices, but do we really add up the small costs over the course of our lifetime? Fast food, Starbucks lattes, afternoon snacks, etc. all contribute to added years on our early retirement schedule. Use the spreadsheet I created to find out just how much you’ll save over the course of your lifetime.
If you’re in a Metropolitan city, then you should consider a bikeshare program. Bikeshares are about $100 a year. Compared to either public transportation at $100+ a month, or a car at a few hundred dollars a month, bikes are way way cheaper. You can also get your daily exercise on at the same time! Read the post to get access to the spreadsheet so you can calculate your own personal savings!
Getting on board to do some side hustling? Here, let me convince you some more. If you have a side hustle, you can create a i401k and put in an extra $54,000 a year in tax advantaged accounts. Isn’t that awesome? With the 401k max at your day job, you can contribute more than $72,000 a year! If your company does matches, it’s even more awesome.
It’s hard to accomplish a goal when you don’t know anyone else who has done it. But once you see that other people have journeyed to FI, you can follow in their footsteps. Here are some bloggers who have reached FI by working normal jobs and doing it the boring way, all before the age of 40, some as early as 33!
In 2017, I discovered the amazingness that is Costco. Bulk buying most non-perishables lessens costs by 40 percent! Plus, it’s fun to visit — almost like a novelty land of giant things. Don’t buy things you won’t eat normally and you’ll save a ton! Also, they ship to you for orders more than $75, so even if you don’t live near one, you can always order online!
Most of life is opportunities that you can capitalize on if you’re prepared, have the right framework of mind, etc. But to capitalize on those opportunities, you need to create your own sort of luck by being prepared and understanding the world.
Want to get paid $120 a week to poop 3 times a week? You’re going to do it anyway right? Like answering psych surveys? There are departments at universities who pay you to do this. Considering donating plasma for $40 per donation? All sorts of interesting ways to make money with your body legally.
Olivia worked in finance and wants you to learn the secrets of financial independence. She believes there are so many ways to monetize your life and make money doing the things you're already doing because so many companies offer free money.
The average savings account rate is 0.1%. The big banks have incredibly low savings accounts rates. CIT Bank offers a 1.75% savings account. You can open an account with just $100 and no monthly fees or charge . Tired of being charged fees and getting peanuts in interest at your current bank? Open a CIT Bank savings account in less than 15 minutes online.
If you have a car, Rideshare apps allow you to pick a direction you want to go twice a day, so you can get extra money going somewhere you were driving to anyway at least twice a day. Get a $300 sign-up bonus with Lyft.
One of my favorite ways ways of monetizing my life is via credit card bonuses with cards that give you cashback or rewards. Check out our review of the Chase Sapphire cards, which give you at least $500 in cash or $625 in travel credit.