by G. Brian Davis | Last updated Aug 2, 2024 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture on Going Self-Insured vs Fully Insured: Self-insurance allows individuals to set aside funds for any emergency, offering flexibility that specific insurance policies do not. By self-insuring, individuals can potentially save more money compared to...
by Guest Author | Last updated Aug 1, 2024 | Active Real Estate Investing, Personal Finance, Spark Blog |
The Big Picture On Debt Snowball Method, FIRE, and Real Estate Investing: Focus on paying off the smallest debts first while making minimum payments on larger ones. Quickly eliminating small debts provides a motivational boost to tackle larger debts. List all debts...
by Emma Dudley | Last updated Jul 30, 2024 | Personal Finance, Spark Blog |
The Big Picture On Deciding to Whether to Pay Off Student Loans or Buy a House: Carefully evaluate the return on investment of purchasing a home versus paying off existing debt, considering all related expenses such as maintenance costs and closing fees. Explore the...
by G. Brian Davis | Last updated Jul 26, 2024 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture On the Rule of 72 in Investing: The Rule of 72 is a simple formula to estimate how long it takes an investment to double: Years to double = 72 / rate of return. Variations like the Rule of 70 or 69.3 can be used for more accuracy at different return...
by G. Brian Davis | Last updated Jul 23, 2024 | Active Real Estate Investing, Personal Finance, Spark Blog |
The Big Picture On Improving Your Money Mindset: Success requires not just setting goals but creating detailed plans and routines to achieve them. Systematizing behaviors leads to consistent progress and tangible results. Actively practicing gratitude and maintaining...
by G. Brian Davis | Last updated Jul 17, 2024 | Active Real Estate Investing, Personal Finance, Spark Blog |
The Big Picture on Becoming a Real Estate Millionaire Within 5 Years: Decide if you want to actively manage properties or invest passively through platforms like real estate crowdfunding and syndications. Implement techniques like the BRRRR method so you can...