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Tuesday Hits: Taking a $22,000 Pay Cut, Replacing My Income with Airbnb

Why I’m Taking a $22,000 Pay Cut

“Didn’t I like my current job? and what about the plan to retire in 10 years time? My current job pays amazingly well for a new-ish teacher and it’s with people I love, so why am I leaving?”

 

Guest Post: How this Combat Veteran replaced his income with Airbnb

“I asked him to share his story with you because I find it such an excellent example of how when the right opportunity drops in your lap, you just put your head down, educate yourself and keeping moving forward.”

 

Guide to Owner Financing: Buy a Home Without a Bank

Though a viable financing strategy, owner/seller financing is often overlooked, misunderstood and mischaracterized. If you’ve read any other articles on this subject, it’s likely you don’t have the whole picture.”

 

A Year of Good Money: Decrease Food Waste

“Okay, as someone who pays a moderate amount of attention to helping Mother Earth, the fact that there are two relatively easy ways for me and my household to impact climate change is kind of amazing.

Reduce the amount of food we waste.

Eat more plants and less meat.”

 

From Rockstar Finance Original content and syndications

Real Estate, Rockstar Content

Mashvisor Review [2019]

Want to invest in rental properties but totally overwhelmed by which location and neighborhood to start searching in? Mashvisor promises to “turn 3 months of research into 15 minutes.” Their data visualization tool helps investors quickly evaluate markets by aggregating high-level metrics for...

Featured

Monday Hits: Your Time Phase Allocation & How to Stop Worrying About Others

Don’t Look Back, You’re Not Going that Way

“I suspect almost none of us have considered our Time Phase Allocation.  Have You?

Since I just “invented” the word TPA, don’t worry if you haven’t thought much about it before reading these words. To make your job a bit easier, I’ve done a bit of legwork for you.”

 

The 10% Rule: Limiting Lifestyle Creep

“What I like about Dr. Turner’s approach is that he doesn’t say you can’t have more, he just tempers the amount of extravagance one can add at any one time.”

 

How to Stop Worrying About What Other People Think of You

“Most of us go through life with a general sense of who we are, and, in a lot of circumstances, that’s enough. We get by. But if you want to be your best while being less fearful of people’s opinions, you need to develop a stronger and much deeper sense of who you are.”

 

Financial Yo-Yoing

“Here’s an interesting trend I’ve noticed.

People who go hard for a while with their financials and then have an ‘eff this, life’s too short, I’m doing what I want moment.'”

 

From Rockstar Finance Original content and syndications

Real Estate, Rockstar Content

Owner Financing: Buy a House without a Bank

Is your debt to income ratio or short credit history keeping you from securing a conventional loan? Owner financing might be the solution for you. Though a viable financing strategy, owner/seller financing is often overlooked, misunderstood and mischaracterized. If you’ve read any other articles...

Featured, Newsletter

Thursday Hits: What Does it Take to be Wealthy?

Extreme Frugality Fatigue

“I don’t know about you, but when I scroll through social media and read popular headlines, I often feel obligated to optimize every facet of my life. If I’m not working a side hustle or hacking a better, faster, cheaper way to do everything, I’m obviously not doing it right.”

 

What Does it Take to be Wealthy in America?

“Apparently the answer after interviewing 1,000 folks across all ages and states is $2.4 million. Using a 3.5% withdrawal rate, that would throw off $84k a year to live off. ”

 

Reader Case Study: Mrs.Prickly Pear

“Today’s post is a case study from someone in this exact situation —  A modest income, and a parent that needs a significant amount of help.  To maintain her anonymity, I’ll be referring to her by the moniker, Mrs. Prickly Pear.”

From Rockstar Finance Original content and syndications

Real Estate, Rockstar Content

Where Are We in the Real Estate Cycle in 2019?

Back in 2018, Robert Shiller, founder of the eponymous Cape-Shiller index, warned that the housing market was becoming overheated. While it’s anyone’s guess whether we are due for another crash, we can look at market indicators for clues about where we are in the real estate cycle. The Four...