I’ve teased over the last month that we crossed a MAJOR investing mile. I’m finally excited to share the news with everyone. Our family’s portfolio is now projected to earn over $10,000 in dividend income!
My wife and I just traveled an incredible journey to Italy. We visited Rome, Naples, Sorrento, Amalfi Coast (including Positano), Capri and Florence. We did this all in an astounding 9 nights and I documented everything we did, that ended up saving us quite a bit of money (Euro, US $, you can insert your currency here). As a frugal individual and one that loves to travel and experience the world in a reasonable approach, we learned quite a bit on how to save money and stretch either your travel or living abroad budget further, while still taking in the history and culture.
This is an article that I am very excited to write. And I owe a huge thank you to Lanny for helping me make it happen. Ever since the rate cut in July, we have all been bombarded with emails asking us to refinance our mortgage. “Why you need to refinance with Quicken Loans.” “You’ve been pre-approved with Chase.” Even Ally Bank, where we have both held our investment portfolios at one time, offered us a sweet refinance deal.
With an interest rate of 3.89% on a 30-year mortgage originated two years ago, I never thought that refinancing would work for me. But as interest rates continued to slide and the refinance market exploded, rates finally reached the level where it was economically beneficial for me to make the move. Here is why I am refinancing my mortgage after two years and unlocking some serious cash along the way.
I recently had a fun comment the other day. It just so happened to be on one of my most recent posts that came out on September 7th for my dividend stock purchases in August. A discussion between Dividend Gremlin and I struck a new fun game to play in my mind, relating to living costs and reaching financial freedom.
Saving money. It’s a necessity to get ahead, if you feel that your income engine is tapped at the moment. Further, time. Time is precious and it may be foolish to spend countless hours to save a dollar here or there.
Therefore, I want to show you The Guide. The Guide to save AT LEAST $500 on YOUR current expenses, right now. In fact, The Guide will be be able to allow you to save THOUSANDS in a year, if you want and let it.
Are you ready to save money? Let’s get ready to put money back into your pocket! Continue reading
10 years of investing. That is 10 years of Frugal Living and saving as much as possible. In addition, that means 10 years of managing the portfolio & monthly budget. 25,000+ hours worked in your “career”. What do all these items have in common? Time. Time can wear you down or time can build you up. You may feel tired from putting in all of the blood, sweat and tears on your journey. I am here to show you what you may need to STAND back up, to stay HUNGRY and to keep GOING on your journey.
Today, I wanted to put on paper and provide details to the plan I have to re-finance my mortgage on my house! This is not a 100% certain action that I am taking, but the mortgage rate market is dropping low enough for me to look into, run the analysis on the numbers and potentially re-finance the mortgage.