Financial Independence

Where Do You Come From (Financially)?

Where Do You Come From (Financially)?

My life is completely shaped by the fact that I grew up in a small town of less than 2,000 people and I went to a school that had one building for K-12 grade (my class was the last class to attend all years of their schooling in the same building). My life experience is different than somebody who grew up in the city and attended five different schools for K-12. I propose we change the question a little bit. What would the conversation sound like if we asked a slightly different question? This is not a question you have with a brand new acquaintance, but a discussion you have with a significant other or an accountability partner.

Savings Rate or FIRE Prowess Gauge?

Savings Rate or FIRE Prowess Gauge?

Early last week, I stumbled onto a post from Adventure Rich about the FIRE Prowess Gauge and their results. Their article was the seventh in a chain of 19 articles (the last I checked) from financial bloggers. This gauge has swept across the blogging community and I immediately calculated our FIRE Prowess Gauge. 

Two Years Into Our Mortgage: How's It Going?

Two Years Into Our Mortgage: How's It Going?

Two summers ago, my wife and I were jumping into home ownership for the first time. We hit the ground running and started to tackle our mortgage. We have always had a goal of paying off the mortgage early and used this mindset to make extra payments on our mortgage.

Last year, we were on fire and paid off a lot of our mortgage. I am going to recap where we stood last August, then we will move into the year 2 mortgage update. By August of 2016, we had made 12 mortgage payments, plus multiple extra principal payments.

Happy 2nd Birthday Summit of Coin!

Happy 2nd Birthday Summit of Coin!

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.