Stop Ironing Shirts

Achieving Financial Independence Through Corporate Employment

Month: July 2018

Lessons we’ve learned from tracking our net worth

We have been tracking our net worth monthly since October of 2012 and annually since the end of 2010.   It has been an outstanding exercise to track your progress and I highly recommend everyone track their net worth annually, quarterly, or monthly.  In recent posts, we shared our year-by-year financial picture and how we achieved millionaire status by 33. Related Links: By 35 - Part 1 By 35 - Part 2 Lesson 1:  Debt can be good.   If you have…

By 35: Income and Net Worth History. Part 2

How did our net worth grow from zero in early 2009 to more than $1,600,000 today?   Part two of our "By 35" story is continued below: Related Link:  By 35:  Part 1 [caption id="attachment_692" align="aligncenter" width="300"] Fortunate to find this book right out of college[/caption] 2009 (27):  We had a number of positive changes start happening for us in the latter half of 2009.   Mrs. Shirts reached two years of experience as a practicing veterinarian and she was able to…

Q2 2018 Net Worth and Asset Allocation Update

  Net Worth and Asset Allocation Update We are already halfway through 2018!   It has been a much wilder ride in the market if you're listening to the financial news than the 2.85% YTD return on the S&P 500 would suggest.  Our household net worth crossed $1,600,000 this quarter and we will stop updating this numbers going forward.   Why?  We've already "won" the first stage of our working career.  This is more than enough to execute on an early retirement plan…

By 35: Our Income and Net Worth History. Part 1

There's a lot of excitement on the internet courtesy of the infamous "By 35" article that Ali Malito wrote going viral on Twitter.   Tons of people lost it on the idea that by 35, a person or couple should have a net worth equal to twice their salary.   The laundry list of excuses came pouring in, including student loan debt, great recession, housing bust, lack of income growth, and lack of access to good retirement plans. We're now technically a…

Happy July! Shirts makes his podcast debut

I want to send a special thanks to Jace Matthison and Clark Sheffield of the Millionaire's Unveiled Podcast for indulging me in my first podcast interview. There's a lot of value in both their audio interview series and with what ESI Money is doing in his Millionaire Interview series.    Jace and Clark specifically dig into my portfolio (and issue of tinkering with it) along with some details of our investment portfolio, income history, and biggest financial mistakes.   I'll unpack…

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