Nik Udo

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Are You Worth More Than You Earned?

Have you ever wonder how much money you’ve earned over the years? I mean, it has to be a sizeable sum if you’ve been in the workforce for a while. I …

Retirement

Why FIRE Is Such a Compelling Story

Why is FIRE such a compelling story? Let me share my theory. Check it out and let me know what you think. For new readers, FIRE means Financial …

Darth Vader

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

How to Start a Blog and Why You Should

A few weeks ago, I went to drop RB40Jr off at school and met one of his friends’ mom. We hit it off because she’s from Thailand and we had a short …

Online

Taxation with Representation Ain’t so Hot Either

Are you done with your taxes? If not, we’re in the same boat. I finally received the K-1 forms from RealtyShares earlier this week. Real estate …

Retirement

My Unglamorous Early Retirement Lifestyle

Are you suffering from FIRE envy? Do you follow early retirement bloggers and are jealous of their glorious no job lifestyle? You don’t have to worry …

Craft Brewing

One Engineer’s Perspective on Early Retirement

I’m writing this one to share my perspective on early retirement. The next time someone complains about my brand of early retirement, I’ll just point …

Retirement

Passive Income 2018

Q1 is in the bag and 2018 is a 25% over! Time flies, doesn’t it? How did you do with your finances in Q1? Overall, we did okay. The stock market was …

Retirement

What if you always maxed out your 401(k)?

What’s<b> the surest way to become a millionaire?</b> I can tell you right now – max out your 401(k) contribution every year. This is the simplest and most …

Retirement

Can You Retire With 5 Million Dollars?

Can you retire with 5 million dollars? For most people, the answer would be – <b>Heck yes! I’d retire in a heartbeat!</b> Using the 4% safe withdrawal rate …

Retirement
Retirement

Follow Your Passion is Bad Advice Unless…

Is <b>‘follow your passion’</b> a relatively new concept? I never heard this when I was a high school student in the late 80s. My parents wanted me to study …

Motivation

Why I gave up my engineering career

Tweet21<p>Pin105<p>Share311<p>Flip<p>+126<p>Shares 463<p>One of our readers is going back to school for an engineering degree and asked me to write a detailed post on</b> …

Employment
Retirement

Why I’m Hiring Our Kid as an Employee

Last week, I had a talk with RB40Jr on the way to school. I reminded him that I have a blog and asked if he’d like to work for me. I could pay him to …

Retirement

Screening Tenants in the Spring Is Like Online Dating

We finally got a new tenant for our rental condo. This time it’s for real! The tenant has already moved in and the rent is in the bank. A few weeks …

Real Estate

2017 Blog Income Wrap Up

Alright, I am almost done with our 2017 tax returns! There are a couple of K1 forms that should be coming in April, but everything else is done. Now, …

Retirement

Do You Need to Be an Entrepreneur to Retire Early?

The FIRE (financial independence, retire early) movement is getting more mainstream and there are more early retirement advocates than ever before. …

Investing with RealtyShares – see how I’m doing with real estate crowdfunding

Earlier this year, I started investing in real estate crowdfunding with RealtyShares. My experience has been positive so far and now I’m ready to …

Real Estate

February 2018 Goals and Financial Update

It’s been a rough winter for us. RB40Jr and I were sick on and off in February and we didn’t do much. This February felt much colder than normal to …

Personal Finance

How to Build Your Opportunity Fund

Last month, I read about an interesting concept at Get Rich Slowly – The Opportunity Fund. The opportunity fund is basically the money you set aside …

Investing

It’s Good to Be a Little Obsessed with Early Retirement

A little obsession is good because it drives us to accomplish something. I was obsessed with getting my engineering degree when I was in college …

Retirement

My Biggest Splurge Before FIRE

Last week, I picked up my new glasses and posted a picture on social media. A few sharp eyed readers commented that they loved the background. I …

Personal Finance

Focus on Your Saving Rate When the Market Fluctuates

It’s only natural to feel anxious when the stock market drops or spikes too fast. The stock market has been stable for so long that many of us aren’t …

Investing

Are You Prepared for The Stock Market Blowoff?

Wow, the stock market is starting off 2018 with a bang. The S&P 500 index increased over 6% in less than a month and it is not slowing down. …

Stock Markets

How Did The Financial Crisis Change You?

Can you believe it’s been 10 years since the Global Financial Crisis? It was a huge event that shaped many lives. Ten years is a long time and a lot …

Retirement

Our Rental Condo Investment

I just signed a lease with a tenant for our rental condo! This is great news because the unit has been vacant since November. The extended vacancy …

Real Estate

January 2018 Goals and Financial Update

January is over! We were sick on and off for about 3 weeks, but we’re all much better now. It was a very slow month and we spent most of our days at …

Personal Finance

10 Things I’ll Buy When I’m Rich

It is going to be a fun and easy one today. I’ll share 10 things I’ll buy when I’m rich and then you tell me some of yours. We all need a break from …

Swimming Pools