How To Measure Fiscal Responsibility: Calculate Your FS-FR Score

99 Comments / Budgeting & Savings / By

Want to know how to measure you fiscal responsibility? The key is to calculate your FS-FR score. Fiscal responsibility means managing money in a careful, sustainable, and disciplined way — whether at the personal, business, or government level. In simpler terms: The core idea is to make smart financial decisions today so you don’t create problems tomorrow — […]

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Move Over FIRE, Welcome DIRE: Delay, Inherit, Retire, Expire

151 Comments / Retirement / By

Instead of embracing the FIRE movement for those seeking financial independence, it may be better to embrace the DIRE movement after such a massive bull run since 2009. For the millions of unemployed Americans thanks to the pandemic, the DIRE movement is real. When I first started writing about achieving  financial independence early in 2009,

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Average vs. Recommended Expenditure On Housing, Food, Transportation

84 Comments / Budgeting & Savings, Retirement / By

This post will look at the recommended expenditure on housing, food, transportation and more. As someone who kickstarted the FIRE movement (Financial Independence Retire Early), I’d like everybody to spend less, save more, and invest more for financial freedom! According to the Bureau of Labor Statistics (BLS), the latest data for 2019 shows the average

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Why Mortgage Rates Don’t Drop As Quickly As Treasury Yields

50 Comments / Mortgages / By

You know how you see oil prices drop precipitously on the news, yet when you get the gas station to save some money, you’re disappointed because gas prices haven’t gotten much cheaper? The same thing happens with US Treasury yields (oil) and mortgage interest rates (gas). Mortgage rates are largely influenced by the latest 10-year

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Insurance For Natural Disasters: Floods, Fires, Hurricanes, Earthquakes Oh My

90 Comments / Insurance / By

Understanding what natural disaster insurance is and whether it’s worth it is important if you live in a high risk area. Let’s learn how floods, wildfires, hurricanes, and earthquakes are covered under an insurance policy for natural disasters. I’m a multiple property owner in San Francisco which is a high risk area for earthquakes. Over

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