Practically Independent

Without positive cash flow, it is impossible to build wealth.

The post Why Cash Flow is More Important Than Wealth appeared first on Practically Independent.

Cryptocurrency does not currently meet my criteria of an investment. It is a speculative gamble and has no place in my portfolio.

The post Cryptocurrency Is Not An Investment. Here’s Why. appeared first on Practically Independent.

Learn the two rules of thumb for your mortgage and car loans. Just because you can qualify for a mortgage or car loan does not mean you can afford it.

The post 2 Budgeting Rules to Add FIRE to Your Finances appeared first on Practically Independent.

Find out what happened when my dad asked if we should invest in Costco or stick with a low-cost S&P 500 Index ETF.

The post Warren Buffett is Right: Investing in the S&P 500 is a Bet on America appeared first on Practically Independent.

The more evidence you provide that you pay your debts, the higher your score goes.

The post How I Got An 830 FICO Credit Score and You Can Too appeared first on Practically Independent.

Take the first step to escape living paycheck-to-paycheck... by creating an un-detailed budget.

The post Hate Budgeting? Learn How to Master Your Finances Without a Detailed Budget appeared first on Practically Independent.

The right portfolio for you will have an allocation that you can manage, with costs under control, and little chance of execution errors.

The post The Value of Simplicity in Your Investments appeared first on Practically Independent.

Learn why paying off the most expensive debt first is a much less costly approach than the Snowball Method.

The post How to Decide Which Debt to Pay Off First appeared first on Practically Independent.

A strategy for deciding how to best utilize cash windfalls like tax refunds, inheritances, insurance, and court settlements using a simple decision waterfall.

The post The Tax Refund Windfall Waterfall appeared first on Practically Independent.

As a companion to my book: Practically Independent: Practical Advice to Become Financially Independent, this blog includes thoughts and advice that are timely and relevant based on what's current and real right now.

The post Intro: Practical Advice to Become Practically Independent appeared first on Practically Independent.