A Path to Financial Independence

I received a text from a friend the other night that got me thinking.  “We all know, or are learning, the importance of getting out of debt—but then what?  How do we start building wealth, even if we don’t have much to work with?”

I thought it might be helpful to map out a path to financial freedom, so here is mine.  Personal finance is personal, so take what works for you and find your path.
Continue reading “A Path to Financial Independence”

Debt steals your dreams

It’s funny how the ads make it look like that shiny new car or fancy vacation creates dreams but if it takes debt to pay for them, those things are really stealing your dreams.

No matter what your financial goal, debt is an obstacle to achieving it. Debt can be an obstacle to achieving any life goal.

People like to say there is good debt and bad debt. Continue reading “Debt steals your dreams”

What mountain biking and achieving goals have in common

I just got in from a great mountain bike ride and I realized mountain biking and achieving goals can be similar.

Your bike will follow your eyes. Stare at the scary rock and you’re screwed.

Stay focused on your mission, the goals and the measurable steps to get there. Avoid focusing on the next shiny object. Continue reading “What mountain biking and achieving goals have in common”

How to achieve your financial goals

You have big plans and exciting goals. Some years you even make resolutions but you are not happy with your progress.  You:

want to save money

or get out of debt

or have better control over your finances

But you have wanted this for a long time and progress is too slow.

The first step is not to lay out the details of your goal; the first step is to figure out your why. Continue reading “How to achieve your financial goals”