Blog Posts
Over the entirety of this blog, I have continued to preach the importance of buying used cars, driving these cars until their wheels fall off and always buy cars in cash. What would push me to think about getting rid of my old car? It's simply one number:
Last week, I was listening to the Tim Ferris podcast. He was interviewing Kyle Maynard. I had never heard of Kyle Maynard before this podcast. I don't know how I had never heard of Kyle before last week, but he has an amazing story. Kyle is a quadruple amputee, who has climbed Mount Kilimanjaro, won awards in mixed martial arts, wrote a book and travels around the world inspiring people. He never shied away from anything and sought out wrestling in high school and sought out mixed martial arts as an adult. He was successful in both endeavors.
In everything we do with our finances, our goal is always a focus towards financial independence and the freedom that financial independence allows. With that focus, we must make a concerted effort to cut expenses wherever possible.
I recall my journey to launching Summit of Coin. It was December 2014 and I was listening to a podcast. The podcast was an interview of Mr. Money Mustache. This sent me down a journey of reading every article that MMM had written and peaked my interest in writing a blog detailing our journey to financial independence or as I like to call the Financial Summit. Being a teacher, I waited until summer to prep ten articles for the blog and develop the website. After a month of prep, I officially launched this blog on July 13, 2015.
The title of this article may surprise you. You may be thinking in your head, "Of course rich people have fun! They have lots of money! They can do whatever they want. They can drop thousands of dollars on vacations and not even blink an eye."
