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The pressure to save….or lack thereof

The pressure to save….or lack thereof

Once a week I attend a men’s group book club at our church. As one of the younger guys in the group, I really enjoy getting to surround myself with older men who have had the chance to make a few mistakes and also have plenty of success stories. It’s a great opportunity to be around some like-minded individuals who strive to become better fathers and men in general. The book we are reading is called Play the Man by…

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Tips to help transfer your accounts to Vanguard

Tips to help transfer your accounts to Vanguard

In one of my earlier posts I wrote about firing our financial advisor and transferring assets to Vanguard. We initiated this process a month ago and I’m still waiting on the transfer to complete. Here’s a few tips I can give you that might help explain the process and give you an idea of what to expect. Notify your advisor ahead of time I took the initiative and called my advisor before I filled out the transfer forms with Vanguard….

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Perform a SWOT Analysis

Perform a SWOT Analysis

Recently at work I was asked to create a SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) for my staff pharmacists. The idea being to come up with a development plan for succession within our store. Doing this exercise got me thinking about completing a SWOT analysis for my current path to FIRE. I’ve found a SWOT analysis to be applicable to a variety of situations. For work, I was able to use my analysis to set both short and long-term development…

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What joining a cult taught me about investing

What joining a cult taught me about investing

Two years ago I joined a cult. And it was one of the best decisions I ever made. I was nervous and quite hesitant at first. I’d heard a lot of people talk about it and my curiosity had been growing for a number of years. I had fears and for a long time I let those fears be the decision maker, or rather my indecision maker. So I did the easy thing and stayed put (sound familiar?) where I…

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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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