Surviving a global pandemic and more!

Surviving a global pandemic and more!

In my last post, I walked you through how we setup our budget to be simple to maintain, automated to the fullest extent possible, and flexible to our changing priorities. As I’m writing this post, COVID-19, a new and novel strain of Corona Virus is ravaging the globe. Thus far, there have been 2,276,473 confirmed cases, and 156,119 lives claimed from this pandemic (sadly, this number will change by the time you click this link). Governments worldwide are working to contain the virus by closing borders, limiting travel, and encouraging social distancing. These policies are placing a strain on the economy, and will have ripple effects for years to come. To prepare for events such as this one, many people in the personal finance space such as Dave Ramsey advocate having an emergency fund of 3-6 months. Its sole purpose is to serve as an insurance

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Creating The Perfect Budget For FIRE Enthusiast

Creating The Perfect Budget For FIRE Enthusiast

In this post we’ll show you how we’ve tackled one of the most elusive personal finance subjects out there: BUDGETING. One of the five financial goals we laid out at the beginning of the year was to: Fully fund our lifestyle expenses solely using Mr. Dollarman’s paycheck Mrs. & Mr. Dollarman 2020 financial goals #4 of 5 When we initially developed this plan, we figured everything will work out because mathematically everything lined up in our “budget.” What we’ve come to realize since putting our budget together was that we needed a system that allowed for us to have the flexibility to change. By infusing flexibility in our budget, it would allow for us to account for the unpredictable events in life (emergencies), and the chaotic nature of our behaviors (needs & wants). Like many other people, we followed the quintessential budget advice often toted by

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