Sunday AAR (09SEP2018)
The Sunday After Action Review is a collection of the best articles that we’ve read this week.
Know of a good article or blog that we should read? Please let us know in the comments.
- How to Retire in Your 30s With $1 Million in the Bank – A couple of folks sent me this article from the New York Times. It profiles several folks who have embraced Financial Independence Retire Early (commonly known as FIRE). The typical path is high income, high savings, and slashing spending. Another method is a military retirement with some additional savings – at 38(!).
- Taxed vs. Tax-Deferred Compounding – This is why you should max out your TSP, 401k, IRA etc. Anything to defer taxes and keep that money invested as long as possible.
- How Much is Enough? – Great question and this article explores it at length. From the always good Afford Anything blog.
- That’s Rich – What’s rich? Pretty much a state of mind. Great post.
- Ten Headscratchers – Short and entertaining read about how people are irrational about money.
- I Spent $50 for a $10,000 First-Class Flight to Asia – This lady gets a lot out of churning credit cards. Earlier this week we published a post about the cards we carry. We don’t churn cards – nothing wrong with it, we just spend our time on other things like writing blog articles.
- Where To Get 5% Interest Savings Accounts – Who knew that you could hack debit cards?! Basically, this involves signing up for prepaid cards that offer a high return on the prepayment. You basically prepay the card then let the money sit there earning interest.
- Stealth Prius – Not a lot of backstory on the website, but this dude LIVES (lived?) in his Prius and it’s legit. He makes a great case for actually making a go of it. For a full, narrated tour you see this video.