Last week I mentioned that our family has planned a big event to celebrate our mortgage payoff. What you might not know is this has been almost twenty years in the making. Today I reveal how we’re celebrating, and the story behind the dream fund that made it all possible.
My families decision to focus on paying off a 2.75% mortgage sounds more and more mathematically stupid every day. Interest rates are now in the 2-3% risk free range. Today I’ll talk about how the math isn’t just a straightforward comparison – and how money is more than just math.
Happy Q4 everyone! The third quarter of the year is done, and the fourth quarter is upon us. That means its time to take an in-depth look at where we at CMO Central stand with our 2018 goals. I’ve found the process of writing goals, and tracking them, for this site to be a HUGE […]
We all set goals at the start of the year. How are you tracking towards yours? Today, in honor of Q2 of your financial life coming to a close, I’m sharing my in-depth assessment process and tracking just how I’m doing towards my ambitious goals this year. Come on in, see how I do my assessment, stay tuned for the fun updates, and share with me how you’re doing!
Driving home from work today, I was thinking about the importance of sharing diverse financial stories with the world. Today I’m going to talk about why I think it’s important, despite the fact that some people feel it’s not (or are even annoyed by the subject), and share a bit more about the passion behind […]
The essence of “poverty tourism” is the sense that you’re just visiting a lower-income land. You’re taking a tour, dabbling in the local culture, sampling the food, but you can go back home to your high income whenever you want to. Today I look into recent controversy in the personal finance community, and talk about whether frugality is for the rich.