There are three categories of passive income types that allow you to earn a continuous income for many years to come with minimal effort to maintain. Depending on your unique scenario, what you have to offer may vary. However most people likely have one of these three things, whether you are investing (1) your money, … Continue reading Three Types of Passive Income
Financial independence has a unique definition, depending on what stage you are at and what your goals are. What you choose to do with your financial freedom can change how much you need and how fast you can accomplish that goal. Do you want to quit your day job, start a small business, volunteer your … Continue reading The Stages of Financial Independence
I'll be the first to admit that I'm not the person to bust out laughing and I suck at making people smile. But what works for me is focusing daily on trying to find gratitude. Towards the end of this post I provided a few useful tools that work well for me- note that I … Continue reading Daily Intentions for Happiness
Achieving financial independence is an admirable goal, but is it possible to achieve while raising children and navigating the many financial decisions we make as parents? The USDA suggested that the cost of raising a child to the age of 18 is as much as $233,610 in the year 2015 and doesn't include college education. … Continue reading Financial Independence and Children
I hate tracking my expenses, but I have a goal to increase my savings by $1600 per month to support my goal of financial independence. In my post today I'm going to talk about how I evaluated my expenses to help recognize purchases that weren't aligned to my values, setting a goal to easily eliminate … Continue reading Finding your Happy Place with Money
In addition to financial independence, I also want to embrace the concept of minimalism. In this entry, we'll talk about what minimalism is, what my experience has been and where I am on my journey, and ultimately, how to improve success of accomplishing financial independence by slowly learning to live with less. What is minimalism? … Continue reading What is Minimalism?
Financial independence is the freedom to not work for the rest of your life. Think typical retirement, but potentially achieving this goal earlier in life. FIRE (financially independent, retire early), is an acronym that others have used to discuss this topic. I've recently read and been inspired by a number of books regarding Financial Independence … Continue reading What is Financial Independence?
Each of us has a unique set of skills and lessons we learn through our life, and my goal is to document my journey as I travel through life in hopes of helping others learn from my experiences. I have four core areas that I chose to focus on to be the best version of … Continue reading Welcome to Balanced Mamma