Liquid Net Worth: What it is, Why it Matters, and How to Calculate It

Liquid Net Worth: What it is, Why it Matters, and How to Calculate It

Most people have heard of the term net worth, and many also have a good understanding of what it means. Net worth is quite simple; the total amount of an individual’s assets, including any cash, minus the total amount of their liabilities or what they owe. So, net worth is the value by which a…

The Best Financial Independence Books

The Best Financial Independence Books

Personal finance books are extremely popular and there’s an endless number of excellent options available to us; some focus on saving, others on reducing debts. The books listed here are all focused specifically on the tried-and-tested methods and advice that can allow the reader to achieve full financial independence, meaning earlier retirement, more time spent…

50+ Financial Freedom Quotes to Motivate and Inspire

50+ Financial Freedom Quotes to Motivate and Inspire

The journey towards financial independence or financial freedom definitely comes with some challenges. When challenges and frustrations stand between you and your goals it can be helpful to find a little extra inspiration and motivation. Fortunately, there are plenty of quotes and short sayings that come from a variety of different wise people that can…

FIRE vs. LeanFIRE vs. FatFIRE: What Does It All Mean?

FIRE vs. LeanFIRE vs. FatFIRE: What Does It All Mean?

We’re not talking about a campfire exactly. Rather, FIRE is a movement to retire early with enough money to outlast your life expectancy. What is FIRE and how does it work? What are the differences between LeanFIRE vs. FatFIRE? And, how does one achieve FIRE status? Here’s a description of the FIRE movement and what…

7 Money Excuses That May Be Preventing You from Reaching Financial Independence

7 Money Excuses That May Be Preventing You from Reaching Financial Independence

Financial freedom is something that everyone wants. However, very few people are able to reach financial independence and retire early. Most of us are conditioned to believe that we have no choice except to work until we’re 65-70 years old. We have plenty of excuses for why financial independence is not possible or why it…

7 Different Paths to Financial Independence

7 Different Paths to Financial Independence

Today, the financial independence, retire early (FIRE) movement is gaining popularity very quickly. Although a lot of people are working towards the same goal of financial freedom or financial independence (FI), there are several different paths you can take to get there. You don’t have to be a high-income earner in order to have a…

9 Convincing Reasons Why You Should Be Tracking Your Net Worth

9 Convincing Reasons Why You Should Be Tracking Your Net Worth

There are a lot of different numbers and metrics involved in personal finance. Income, net worth, savings rate, credit score, and many others. While they all have a place, net worth is often overlooked and not emphasized. But really, in terms of finances, what matters more than net worth? Tracking your net worth is easy,…

50+ of the Best FIRE Blogs (Financial Independence, Retire Early)

50+ of the Best FIRE Blogs (Financial Independence, Retire Early)

The FIRE (financial independence, retire early) movement is growing quickly. There are many blogs and podcasts dedicated to the subject and everything that is involved in reaching financial freedom. With so many great resources out there I thought it would be useful to put together a collection of the best personal finance blogs that specialize…