Nik Udo

178 Flips | 5 Magazines | 1 Following | 2 Followers | @NikUdo | Keep up with Nik Udo on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Nik Udo”

Facing Adversity In Early Retirement

Tweet<p>Pin2<p>Share3<p>Flip<p>+1<p>5 Shares<p>This one is going to be a little darker than usual. I’m an upbeat guy and I tend to write positive uplifting blog posts. …

Siblings

How Much Money Do You Need To Feel Wealthy?

Tweet43<p>Pin3<p>Share60<p>Flip<p>+110<p>116 Shares<p>Last time, I asked – Can YOU become a millionaire? Incredibly, 95% of voters picked yes. That’s awesome, I love …

Investing

Can You Become A Millionaire?

Tweet<p>Pin1<p>Share3<p>Flip<p>+1<p>4 Shares<p>Recently, I saw a question on Twitter – <b>Can anyone become a millionaire?</b> My gut instinct said yes. I was sure anyone can …

Investing

Secret to Building Wealth – Buy Assets, Avoid Liabilities

Here is the secret to wealth – <b>Buy Assets and Avoid Liabilities</b>. The first time this became clear to me was when I read Rich Dad Poor Dad by Robert …

Real Estate

Should You Focus on Making More or Spending Less?

What’s the secret to wealth? It really isn’t much of a secret. You just need to save and invest as much as you can. Your investment will compound and …

Should I Sell Our Rental Properties?

I love our rental properties, but now I want to sell them. Why would I do that? To be precise, I love our passive income stream from the rentals. …

Real Estate

August 2018 Goals and Financial Update

Tweet8<p>Pin<p>Share3<p>Flip<p>+1<p>11 Shares<p>I already said this once, but I’ll say it again because it feels so good. Woohoo! <b>School is back in session</b>. I love it. …

Personal Finance

Why we are using the 529 plan to save for college

Yes! The first week of school is going well for our son. He still says he hates school, but he hasn’t cried or hit anyone yet this year. I know …

Retirement

Summer is Over School is On!!!

Tweet11<p>Pin1<p>Share4<p>Flip<p>+1<p>16 Shares<p>Woohoo!!! <b>School is back in session</b>. This is the best day of the year for stay-at-home parents everywhere. Christmas, …

Costa Rica

How to Invest Your First $500

One of the best things you can do to build wealth is to start investing as early as you can. This is easy in theory, but it is more difficult in …

Take a Peek Behind The Curtain – See How I Write A Blog Post

Today, I want to share how I write a blog post. Blogging is a big part of my early retirement life and I enjoy it. Frankly, I think all retirees …

Blogging

10 Goals to Hit If You Want to Retire Early in 10 Years

So you want to retire in 10 years (or less). That’s a terrific goal, no matter how old you are. I’m going to assume most readers are in their 40s and …

What’s Your Ideal Work?

What’s the difference between ‘work’ and ‘job’? We use these two words interchangeably most of the time, but there is a subtle difference between …

A Simple & Easy Budget Plan for People Who Hate Budgeting

Not everyone loves budgeting like my buddy J. at Budgets are Sexy. If you loathe budgeting like most of us, then today is your lucky day. I’m going …

Recommended Travel Destinations by Age

Hey everyone, we are back from our 2 week road trip to California. I drove down with RB40Jr and Mrs. RB40 flew down to join us for the drive back. …

Declare Your Financial Independence Day

<b>Woohoo!</b> It’s Independence Day, my favorite holiday of the year. Life is good and it’s easy to take freedom for granted sometimes. I am very grateful …

6 Years After Early Retirement Update

Woohoo! It’s been five 6 years after I retired early and I still love it. Early retirement really came together in year 5 and there haven’t been many …

Self-employment

June 2018 Goals and Financial Update

Hey everyone, are you enjoying the long summer days? I’ve always loved summer, but this year has been extraordinary so far. Before summer began, I …

School’s Out – First Grade is Over!

Actually, it’s the last week of school here in Portland so school isn’t quite over yet. I’m writing this one a bit early because we’ll be in Iceland …

Parenting

May 2018 Goals and Financial Update

Hey everyone, did you have a good month? May was a rough month for us. We had two big expenses that blew up our cash flow spreadsheet. Well, it’s not …

Personal Finance

My Best Advice to New College Grads

Tweet<p>Pin19<p>Share32<p>Flip<p>+1<p>51 Shares<p>This one is for the new college grads out there. <b>Congratulations!</b> Graduating from college is a huge accomplishment. …

College & University

Being a Stay-At-Home Dad Is Easy

I’m going to catch hell for this one, but being a stay-at-home dad is easy peasy lemon squeezy. Some people say I’m not really retired because being …

Pre-school

Why The Pursuit of Happiness is Misguided

<b>Are you happy?</b> I mean right now as you’re reading this. Don’t think about it, just note it down. Hint – if you shrugged or rolled your eyes, you’re …

Is Our Duplex a Good Investment?

It has been a long time since I gave an update on our small rental duplex. This house is a single family home that was converted to a top/bottom …

Real Estate

What Was Your Lowest Point Financially?

Have you ever been in so much financial trouble that you thought – <b>this is rock bottom</b>? Personal finance is not easy and most of us have been through …

Personal Finance

The Downside of Financial Independence

I’m a huge fan of Financial Independence. It’s the pinnacle of personal finance achievement and everyone should at least learn about the concept. Of …

What Legacy Are You Leaving to Your Children?

Are you planning to <b>leave a legacy to your children?</b> I haven’t thought of it that much because this is a deeply unpleasant subject. It ranks up there …

Retirement

Should I Work Longer to Increase My Pension?

Earlier this month, Mrs. RB40 (my wife) came home from work in a huff and gave everyone a hard time. Turns out, her boss is leaving soon and her job …