The GYFG household is officially mortgage-free. We made our last payment in person at the bank. To be honest, it was a bit of an anti-climatic moment. Don’t get me wrong: it feels great to have removed the shackles of such a large debt – a feeling that sadly is never achieved by most. After […]| Gen Y Finance Guy
“Better to have a short life that is full of what you like doing than a long life spent in a miserable way” – Alan Watts In part one of this series, I pondered the thought-provoking question offered by Alan Watts: what if money were no object? Alan dove even deeper by asking the following: What would you like […]| Gen Y Finance Guy
In the personal finance blogging community, we bloggers can disagree on a lot of things. However, one thing we tend to all agree on is what constitutes reaching the all-coveted status of Financial Independence. Many, including myself, believe in the 4% rule (as a guideline), that defines Financial Independence as a portfolio of 25X your annual […]| Gen Y Finance Guy
Let’s get something straight. Money is a tool! By itself it is nothing more than paper and metal, but it is a powerful means to many different ends. It provides the one who has it with optionality. Simply put, it is the tool that enables its possessor to both live well and give well. On this […]| Gen Y Finance Guy
As the income of the GYFG household has continued to grow, being the data-obsessed fellow that I am, I started to wonder where we ranked against other earners across the United States. Most people benchmark their investment returns, so why not benchmark our income? Lucky for us, the NY Times has made this extremely easy with […]| Gen Y Finance Guy
Not many people are willing to put in the kind of time it takes in order to take what appear to be quantum leaps. However, for those that are willing to “do the work,” great reward is there for the taking. In this short post we will explore what is possible in short periods of […]| Gen Y Finance Guy
You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something — your gut, destiny, life, karma, whatever. – Steve Jobs I’ve always been a big believer that every experience acts as a stepping stone to your end destination, however momentary […]| Gen Y Finance Guy
FINANCIAL STATS On this page, you will find my monthly, quarterly, and annual financial stats. I decided to add this level of transparency to the blog in order for you to relate to my journey and the stories that I share here. I have found through my own experience that I have always enjoyed other […]| Gen Y Finance Guy
MY STORY Welcome to Gen Y Finance Guy! Hey, I’m Dom. You’ll notice that I sign off as Gen Y Finance Guy on all my posts, due to the fact that I write this blog anonymously (at least for now). I like to think of myself as the Chief Freedom Officer here of my little corner of […]| Gen Y Finance Guy
