Lately, I’ve been thinking a lot about the financial lessons that I’m going to hand down to my kids. They’re finally getting old enough to where they understand how to count and use money. They’ve also reached the age where they’re constantly asking me to buy stuff.
For example, I recently had this charming conversation…
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I’m sure you’ve seen those ‘Top 5 regrets of the dying” posts online. They’ve certainly done the rounds on the internet, and those things certainly seem like legitimate regrets someone might have on their deathbed after a lifetime of a busy career and keeping up with the Joneses…
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Hi folks! It’s been awhile since I’ve posted anything here, but I haven’t abandoned the blog! We’ve simply been on vacation for the past week and completely without internet access!
Normally I like to travel to locations with internet access, but I’ve been completely unable to post anything for the past week. It was a real “unplugged” family vacation…
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On June 28th of this year, I passed something of a milestone. I have now lived over 1000 days without a paycheck. It’s the longest period in my adult life that I’ve gone without a single paycheck from an employer.
Through the application of a frugal lifestyle and careful management of our investments, we’ve been able to live a pretty incredible life during these 1000 days…
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There are some months when everything in life just comes together. Income is high, spending comes in low and everyone has a ton of fun. Those months you just can’t help but say to yourself, “I’m winning at life!”
Then there are other months when the car breaks, the roof leaks, you lose your job, and the dentist sends you a big-assed bill…
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One version of my story is very simple — After reaching financial independence and leaving the corporate world, I became “jobless” and “unemployed”. According to standard definitions, I don’t have a job because I don’t earn money from paid work.
But do I really not have a job? Being a “jobless bum” is only half my story after all. There’s also the version of my story where I’m also a multi-millionaire investor that’s retired from regular work…
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After two weeks of traveling around the great state of Texas, the Tako family has finally returned home. Landing in Seattle, we actually came back to snow!
I think Mrs. Tako actually wanted to turn around and get back on that plane after seeing our typical cold-wet Pacific Northwest weather! We got spoiled by all the Texas blue skies and perfect 77F degree days…
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Just a super-quick post today folks — The Tako family is still on vacation, and we will be until the middle of next week!
As we touristed around the wonderful city of Houston today, I was thinking about vacation spending — I found myself worrying myself over the cost of small things, like how much we paid for fruit (our main breakfast), or how much a cold drink cost…
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Do you talk to your kids about money? When it comes to teaching kids about money, I belong in the “early and often” school of thought. Many behavioral habits get started at a young age, and I would prefer my kids form good habits around money and saving before they become adults.
But when should kids start investing?
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