Living the FatFIRE Life

I was recently asked what it was like to live the FatFIRE life (Financial Independence, Retire Early, but not on a skimpy budget). After I told my story, the other person said I was not FatFIRE, I was ObeseFIRE. I began to think about what they were saying and realized I really am living a … Read more

Fawcett’s Favorites 8-19-19

Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include the greatest paradox of wealth: that we can buy time-but we don’t, ways to avoid probate … Read more

Intergalactic Investing with Spock

I am often asked the question, “Is it better to pay down debt or invest?” It is uncanny how often this question comes up. This question is asked as if those were the only two options to choose from. I never hear, “Should I go on a three week trip to Paris or invest?” “Should … Read more

Fawcett’s Favorites 8-12-19

Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include lessening burnout by using three steps to optimize the EHR, how much time does it take … Read more

How I Made $36,000 Using Credit Cards

Back in 2001 we paid off our last personal loan, our home mortgage. At that time, we decided to begin investing in real estate with the money that used to go towards digging us out of our personal debt. Our real estate was held in an LLC and we acquired loans to purchase these properties. … Read more

Fawcett’s Favorites 8-5-19

Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include the folly of buying a house as a resident, frugal hacking airline tickets, avoiding sacrificing your … Read more

Fawcett’s Favorites 7-29-19

Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include some notes on early semi-retirement, new thoughts on burnout rates, the ethics of early retirement, and … Read more

The Down Sides of Student Loan Forgiveness

(This week’s guest post comes from Andrew at LendEDU) Becoming a physician requires years of formal education, and that commitment often comes with a hefty price tag. Recent statistics from the Association of American Medical Colleges highlight this reality, estimating that physicians leave medical school with an average of $196,520 in student loan debt. This … Read more

Fawcett’s Favorites 7-22-19

Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include the Ten Reliable Steps to Financial Freedom, a comparison of outcomes between high and low spending … Read more