So, last month I was celebrating the fact that we are debt free! We are no longer debt free. We made the decision to purchase a house that we fell in love with and we are very happy with our purchase.
Our August Savings Rate
One of the best ways to build wealth and reach the financial summit is to have a high savings rate. As I detailed in an earlier article, our savings rate has continued to increase since last June. So, I decided to do a monthly article on our savings rate and explain what caused the increase or decrease in the rate. Our goal is to reach 50% every month, but there have been a few months this year that have not reached 50%.
Saturday Special: We’re Debt Free!
My goal has always been to not post on Saturday or Sunday to have a true weekend, but this news is so good that it required a special Saturday post!
I Took the MMM Biking Challenge
In October of 2011, MMM challenged his readers to use a bike trailer to get groceries. This article gave a great personal experience from Mrs. Money Mustache, who for the first time biked to get groceries. It was a great article that inspired me to try it out. One problem: I don’t have a bike trailer. So, I took the challenge by biking down the road with nothing but a book bag. Here is my story of taking the MMM challenge in the spring of 2015.
How Mr. Money Mustache Helped Me Build My Saving Muscle
As mentioned in an earlier article, Mr. Money Mustache is a blogger who retired at the age of 30. He teaches multiple strategies on how to destroy consumerism and grow your ‘stash. This is my story of how Mr. Money Mustache helped me build my saving muscle.