The first thing you have to do is to sit down and write down all your monthly expenses for your family. Write down everything. The mortgage payment, car payment, car insurance, food, water, gas, electricity, the ballet lessons, your credit card debt, and etc. I’m sure you get the point. If you have a largeContinue reading “The First Steps to Starting Your Path to FI as First Responders”
When I first became a deputy, financial independence was far from my mind. To be honest, I did not even know what financial independence was. All I knew was I was making great money (compared to making $12.25 an hour from my previous job), had great benefits, and fulfilled my dream of becoming a peaceContinue reading “Why is Financial Independence (FI) Important for First Responders?”
Doing a budget to see what your income and expenses are quite simple, but it requires a little bit of math. First thing to do is get a piece of paper and pen to write your income and expense down. It’s easy to do it in your head and get an estimate. But once youContinue reading “How To Do a Simple Budget”
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