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Month: April 2018

Conquering Your Fears: DIY Investing

Conquering Your Fears: DIY Investing

Last week I wrote about firing our investment advisor and moving our IRAs to Vanguard. This wasn’t a decision made on a whim or taken lightly. It took years to conquer my fear of DIY investing. I first stumbled across personal finance blogs (some of my favorites are here, here and here) a few years ago. I’ve always had an interest in investing, but did (and sometimes still do) find it to be a little overwhelming. We first started with…

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The 529 Dilemma

The 529 Dilemma

I graduated from pharmacy school in 2011 with no student loans. That’s right, I came out 100% debt free so it’s definitely possible to avoid Sally Mae. Out of high school I received a scholarship that paid 100% of my tuition and fees for four years of undergrad studies. Since I got into pharmacy school after two years, the scholarship continued to pay for the equivalent portion of undergrad fees for the next two years. But the reason I graduated…

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The 6FF Asset Allocation

The 6FF Asset Allocation

Last week I wrote about firing my financial advisor and moving my IRAs and joint taxable accounts to Vanguard. In preparation for how to invest this money I’ll share with you my intended asset allocation. Throughout this whole process, deciding to invest with Vanguard was the easy part. When researching and reading on asset allocation I found myself in the “paralysis by over-analysis” state. There is so much info available and almost all of it differs. The good news is…

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A Quick Financial Independence Overview

A Quick Financial Independence Overview

Financial independence is a goal that is well worth the time and effort required to achieve. It’s equal parts mindset and achievement and it may be easier to obtain than you think. How much money does it really take? When I first started learning about financial independence I was skeptical. The idea of being able to retire from a six figure career early in life seemed so unrealistic. But the more I read, the more I found out that you…

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We Paid Off Our Mortgage!

We Paid Off Our Mortgage!

We did it…..WE’RE DEBT FREEEEEEE!!!!!!!!!!! One month shy of 6 years and we paid off our house. And let me tell you…it feels great! I will forever remember walking into the bank with my family and as we walked in the direction of the back of the main floor the bank president stopped us. “Can I help you folks find something?” he asked. “Yes.  We’re here to pay off the balance of our mortgage.” At that point he literally choked…

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I Fired My Investment Advisor

I Fired My Investment Advisor

After 6 years with our financial advisor I decided to close our accounts and move the money to Vanguard. This is a decision I’ve been mulling over for well over a year and I finally decided now was the time. When we started investing right out of college our advisor recommended American Funds (you can probably guess which firm we were with just based on this). Our investments consisted entirely of Class A shares and we paid a load which…

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My 3 for $300

My 3 for $300

In 2013 my wife and I went through Dave Ramsey’s Financial Peace University. For those of you not familiar with FPU, it’s a 9 week course that you can take online, at home or in a group setting, usually at a church. The course walks you through Dave’s Baby Steps and has other lessons on focused on areas like budgeting or insurance. At one point in the course (this might be part of the course or our group may have…

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5 Ways to Utilize your Tax Return

5 Ways to Utilize your Tax Return

It’s that time of year again. That’s right folks…tax return season is winding down. But as glorious as it might be to get a few hundred (maybe a few thousand?) dollars back from Uncle Sam, it’s uberimportant to analyze this scenario carefully. First and foremost, getting a tax refund isn’t a windfall. This isn’t some stroke of luck where the government is giving you money. It was yours to begin with! Getting a tax refund is quite crazy if you think…

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The OG

The OG

“I’m starting a blog. I’m doing it.” That was the text to my wife at 11:01 this morning. Her response was 3 thumbs up. “Like I just got super motivated. I’m staying up late to start it. First post tonight maybe!” The rest is history. Well I guess that was history and the rest is the future. So here we go…let’s do this! Post number 1. The OG. The name…6 Figure FIRE I might as well explain why I’m here. And…

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