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September 6, 2005Why 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... December 12, 2005Setting a 2006 Net Worth GoalIts 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... October 9, 2006Whats 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.... October 10, 2006Merging 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... October 30, 2006Smashing Through My 2006 Net Worth GoalBack 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,... January 3, 2007Major Life Changes Coming in 2007Wow - 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... February 27, 2007Financial Net Worth Goal for 2007Every 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... March 14, 2007What 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... April 4, 2007Time vs MoneyIf 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... April 6, 2007Minilink 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... May 25, 2007Support 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... June 11, 2007I'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... August 13, 20075 Year Plan to Financial FreedomDepsite 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.... September 12, 2007Monthly Net Worth Growth RatesI 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... January 23, 20082008 Financial GoalsMy 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... January 30, 2008Housing Costs are our Biggest Obstacle to Financial FreedomMaybe 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... May 2, 2008Want 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... May 30, 2008Crossing the Half-Millionaire MarkThis 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... June 30, 2008June Status of 2008 Financial GoalsI 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... | About 2millionblog.comA personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
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