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Rat Race Off Ramp

Rat Race Off Ramp

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Category: Personal Finance

Compound Interest, Investing, Personal Finance, Retirement, Savings

How Should You Save For Retirement?

In the last post, I covered how fees can eat into your returns, especially over the long-term.  Today, I’ll cover contributions to retirement accounts.     With retirement savings, we have to dig a little deeper because of the different options […]

By Anthony SMay 26, 2020
ETFs, Investing, Mutual Funds, Personal Finance, Retirement

One Easy Way To Give Yourself THOUSANDS More In Retirement

How much are you paying in fees on your investments? “Well, I don’t know.”  This is probably the answer most of you would give if I asked you the question above. If you do nothing else with your investments and […]

By Anthony SMay 22, 2020
Bonds, ETFs, Financial Goals, Investing, Mutual Funds, Personal Finance, Rat Race Off Ramp, Savings, Stocks

Where Should You Save?

In Step 5 of the ‘Rat Race Off Ramp’, I wrote about how to ‘Ramp Up Your Savings’.  Today, I’ll go over where those savings should go.  For the most part, where you save and invest comes down to when […]

By Anthony SMay 15, 2020
6 Steps, Debt, Financial Goals, Financial Independence, Income, Net Worth, Personal Finance, Rat Race Off Ramp, Savings, Spending

Step 6: Review Your ‘Race’ Status

Updated: May 2021 We’ve completed the first five steps of the ‘Rat Race Off Ramp’.  Now, we are on to the final step: Step 6: Review Your ‘Race’ Status.  Building wealth and achieving financial freedom is a lifelong endeavor, and […]

By Anthony SMay 12, 2020
6 Steps, Debt, Expenses, F.I.R.E., Financial Independence, Fixed Expenses, Personal Finance, Rat Race Off Ramp, Savings, Variable Expenses

Step 5: Ramp Up Your Savings

Updated: May 2021 Once you tackle your debt and have it under control, you can start taking leaps forward towards your ‘Off Ramp’.  Ramping up your savings will allow you to accelerate towards your financial goals, increase your net worth, […]

By Anthony SMay 8, 2020
6 Steps, Debt, Personal Finance, Rat Race Off Ramp

Step 4: Tackle Your Debt

Updated: May 18, 2021 Today will likely be almost everyone’s least favorite topic on personal finance, but it is vitally important to discuss and manage.  We’ve covered goals, net worth, income, and expenses.  Today is the day we will discuss […]

By Anthony SMay 4, 2020
6 Steps, Expenses, Fixed Expenses, Personal Finance, Rat Race Off Ramp, Retirement, Savings, Spending, Variable Expenses

Step 3: Dive Into Your Income & Spending

Updated: May 7, 2021 Now that you have set your goals and figured out your current net worth, you’re ready and waiting at the starting line of this race.  Let’s start moving forward to figure out how to get to […]

By Anthony SMay 1, 2020
6 Steps, Debt, Net Worth, Personal Finance, Rat Race Off Ramp

Step 2: Your Financial Snapshot

Updated May 1, 2021 One you’ve set your financial goals, you can move onto Step 2 of the Rat Race Off Ramp:  Your Financial Snapshot.   If you need to catch up, take a look at the overview for the 6 […]

By Anthony SApril 29, 2020
6 Steps, Financial Independence, Personal Finance, Rat Race Off Ramp, Retirement, Savings

Step 1: Set YOUR Goals

Updated April 24, 2021 In my last post, I updated and shared an overview of the “Six Steps of the Rat Race Off Ramp.”  Today we’ll start taking a deeper look at each step, starting with Step 1:  Setting YOUR […]

By Anthony SApril 26, 2020
Debt, Expenses, Financial Independence, Personal Finance, Spending

6 Steps of the ‘Rat Race Off Ramp’

Updated on April 7, 2021 Over the last few blog posts, I wrote about the “Latte Factor,” excuses for not saving money, and the ‘why’ for your money.  These were lead ups for getting back to the ‘Six Steps of […]

By Anthony SApril 23, 2020

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