May 27, 2010

Success is a Journey, Not a Destination

I was really struck today by a passage in an audiobook I'm currently listening to from the library titled Three Feet from Gold by Sharon Lechter. "You might wake up one day and discover your have accumulated a million dollars...
Continue reading "Success is a Journey, Not a Destination" »


April 2, 2010

Should Debt Reduction Be Our Focus?

I recently posted on focusing our efforts on debt reduction. The uncertainty of my job plus our constrained cash flow has me focused on paying down debt to improve our monthly free cash. The reality is that interest rates are...
Continue reading "Should Debt Reduction Be Our Focus?" »


January 5, 2010

Where Are We In Our Journey To Financial Freedom?

This blog was started back in 2005 to track my journey to financial freedom. I set out with a very specific goal and a measuring stick to track my/our progress. Given the the major recession we look to be recovering...
Continue reading "Where Are We In Our Journey To Financial Freedom?" »


April 6, 2009

Current Income Streams Snapshot

Ok a lot has changed since I last talked about my multiple income streams so its time for an update. Diversifying our income is a key planning tool for the unexpected. If we were solely relying on my income and...
Continue reading "Current Income Streams Snapshot" »


February 19, 2009

Downshifting from DINKS to Average Single Family Income Status

What a terrible time to be downshifting, but somethings just happen when they happen. Fresh off our international assignment, we have come back to the US, bought a family friendly house, have a baby on the way, and are now...
Continue reading "Downshifting from DINKS to Average Single Family Income Status" »


August 20, 2008

July Status of 2008 Financial Goals

I have started to report on a monthly basis the status of our 2008 financial goals. I have noticed confusion on my part about how much progress we are making on our goals (especially on our house savings goal) so...
Continue reading "July Status of 2008 Financial Goals" »


June 30, 2008

June Status of 2008 Financial Goals

I am thinking of reporting on a monthly basis the status of our 2008 financial goals. I have noticed confusion on my part about how much progress we are making on our goals (especially on our house savings goal) so...
Continue reading "June Status of 2008 Financial Goals" »


May 30, 2008

Crossing the Half-Millionaire Mark

This month my wife and I crossed the Half-Millionaire mark on our journey to financial freedom. Half-Millionaire has a nice ring to it. To celebrate my wife and I are staying in tonight, heating up some soup for dinner, and...
Continue reading "Crossing the Half-Millionaire Mark" »


May 2, 2008

Want To Replicate Our Net Worth Results?

In the last 6 years, I have taken my (now our) net worth from $18k to nearly $500k. I am pretty satisfied with the results - we are making good progress on our financial freedom goals. I think there a...
Continue reading "Want To Replicate Our Net Worth Results?" »


January 30, 2008

Housing Costs are our Biggest Obstacle to Financial Freedom

Maybe Im over simplifying, but over the past month my wife and I have started to recognize that the primary thing that stands in our way to financial freedom is housing costs. If we step back, the single biggest expense...
Continue reading "Housing Costs are our Biggest Obstacle to Financial Freedom" »


January 23, 2008

2008 Financial Goals

My wife and I had a quick conversation to establish our 2008 Financial Goals. 1) Primary House Down payment Goal ($80,000) We have $36,500 currently earmarked for the house downpayment so we still have a challenge ahead of us to...
Continue reading "2008 Financial Goals" »


September 12, 2007

Monthly Net Worth Growth Rates

I have been pushing myself pretty hard recently, trying to make sure I stay ahead of the life changes coming my way to reach my financial goals. I know there will be reduction in our ability to save a large...
Continue reading "Monthly Net Worth Growth Rates" »


August 13, 2007

5 Year Plan to Financial Freedom

Depsite all the chaos that’s going on in my life currently with the upcoming wedding, china assignment, saving for a home, etc., I have been spending a lot of time recently dwelling on the need for a 5 year plan....
Continue reading "5 Year Plan to Financial Freedom" »


June 11, 2007

I'm Ready To Buy My Retirement Home?

My family already knows this; I have an itch to buy some waterfront property. Part of it may be fear of no longer being able to afford this type of property later in life. Another part is the ability to...
Continue reading "I'm Ready To Buy My Retirement Home?" »


May 25, 2007

Support the Five Day Weekend!

In the spirit of the upcoming long weekend I thought I would share a local grass roots campaign, the Five Day Weekend to reverse the work week so that Americans clock in for two good days of work, followed...
Continue reading "Support the Five Day Weekend!" »


April 6, 2007

Minilink Continuous Glucose Sensor Investment

If you didn't know, I have been a type 1 diabetic since the age of 10. I use a Minimed Paradigm insulin pump which basically pumps small amounts of insulin into your system throughout the day helping you keep...
Continue reading "Minilink Continuous Glucose Sensor Investment" »


April 4, 2007

Time vs Money

If its not obvious, my time is being over consumed with my new job at work, fixing up my house, wedding planning, relationship nurturing, China assignment preparations, and everything else that normally goes on. I am not able to give...
Continue reading "Time vs Money" »


March 14, 2007

What Will I Do When I Get $2 Million?

To me it seems obvious, to others its a total mystery. What will you do when you become financially free? I believe my goal of a $2 million net worth will allow me to continue to live a moderate...
Continue reading "What Will I Do When I Get $2 Million?" »


February 27, 2007

Financial Net Worth Goal for 2007

Every year it seems like it’s harder and harder to forecast the major changes coming in my life and set challenging financial goals. In 2006, I was faced with the uncertainty of taking a temporary assignment and not knowing how...
Continue reading "Financial Net Worth Goal for 2007" »


January 3, 2007

Major Life Changes Coming in 2007

Wow - I can't believe its really 2007. Time flies. I love this time at the beginning of the year as I now have a whole year's worth of financial data to process, assess, and contemplate what I can accomplish...
Continue reading "Major Life Changes Coming in 2007" »


October 30, 2006

Smashing Through My 2006 Net Worth Goal

Back in December 2005, I set a 2006 net worth goal of $262,000. I was a bit conservative on setting my net worth goal as I knew I would be making big purchases such as a new home, engagement ring,...
Continue reading "Smashing Through My 2006 Net Worth Goal" »


October 10, 2006

Merging Finances

As soon as we got engaged I wanted to dive right into our finances. I immediate saw it as an opportunity to cut costs and get both our balance sheets moving in the same direction towards financial freedom. My...
Continue reading "Merging Finances" »

Tags:

October 9, 2006

Whats My Action Plan to Financial Freedom?

A recent comment really got me thinking. The comment was straight to the point - what am I doing to reach my goals? On the surface I am doing what everyone else is doing - working, saving money, and investing....
Continue reading "Whats My Action Plan to Financial Freedom?" »

Tags:

December 12, 2005

Setting a 2006 Net Worth Goal

Its about time for me to start setting a 2006 net worth goal. It looks like I will end this year with a net worth of $206,000-$208,000, above my target of $205,000 for 2005.So how do a pick a target...
Continue reading "Setting a 2006 Net Worth Goal" »


September 6, 2005

Why 2 million?

I could try to give a long insightful breakdown of why I think $2 million is the amount I need to be financially free, but I won't. I'll give you a quick breakdown instead.If I assume a conservative rate of...
Continue reading "Why 2 million?" »


About 2millionblog.com

A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $648,316

Sponsors

New Personal Finance Articles



Moneynow is your one-stop for all bad credit loans including payday loans, personal loans and signature loans.

Free debt advice on UK debt management plans and IVAs. Contact Debt Response for an immediate consultation.

A payday loan is a short-term financial cash advance product; use it wisely.

Compareandsave.com best buy financial services; compare credit cards, loans, mortgages, car, home and pet insurance

Compare Australian home loans or learn more about refinancing your mortgage.

Get help managing your debts with debt help & advice for UK consumers.

Netcars provide cars and car loans for customers in the UK. Car Finance at cheap rates.

Advertise Here


PF Blogs