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
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
The other day, I was wrapping up my post The Rich Life with Discipline, and I casually dropped in a number that even I didn’t fully process until afterward: In 10 years, we’ve earned $15.3M in gross income. After taxes and spending, we’ve amassed a net worth of $13.2M, up from $181,364 in 2015. That’s […]| Gen Y Finance Guy
2022: Wow! I can’t believe it has been three years since I went through this exercise for the second time in ten years to plant the seeds of what I desired my life to look like over the next ten. Here is the second of these letters, the one that I wrote in March of […]| Gen Y Finance Guy
Over the past decade, the GYFG family has been on an incredible journey to Financial Freedom. The speed and success of our most ambitious goals came down to the right combination of intentionality, hard work, self-awareness, and—yes—luck. We didn’t just set a BHAG (Big Hairy Audacious Goal) of building a $10M net worth. We also […]| Gen Y Finance Guy
Seven years ago I got this wild idea to chase an absurd net worth goal. At least it seemed absurd at the time to the outside looking in. We had just ended the year (2014) with a net worth of $181,364 and I published my $10M goal in early 2015. In that moment, we were […]| Gen Y Finance Guy
One of the things I love about blogging most is the historical reference points left in the posts I publish. I started a business in early 2019 with the full intention of selling it. Some people dream of building a business that they run and then pass on to the next generation. In contrast, the […]| Gen Y Finance Guy
