Posts by David Baughier

Decision-making plays a vital role in navigating the fast-paced and intricate landscape of today’s world. It is through our ability to make effective decisions that we pave the path to personal and professional success. Whether we are selecting a career that aligns with our passions, making crucial business choices, or even deciding on matters close…

You know bad habits can result in increased stress, anxiety, and health issues. We all exhibit behaviors or do things we know aren’t good for us. We may even justify them in some abstract way but deep down we know our justifications don’t hold up when challenged by logic. You’ve chosen to pursue financial independence.…

Do you know and understand the full range of the types of retirement accounts available to help you achieve financial independence? Whether you’re just starting your career or nearing the end, understanding retirement accounts is crucial for securing a financially stable future. This article will provide a basic glimpse into the world of retirement accounts,…

“How to get out of debt” is a question that crosses the minds of many individuals battling financial difficulties. Overwhelming as it may seem, it’s important to know that overcoming debt is entirely achievable. It’s not an easy journey and often feels like an uphill battle. But with perseverance, it’s a battle you can certainly…

We should learn how to budget money because it helps us align our resources to our life goals. Embark on a journey of financial empowerment where you, and you alone, command your finances. Contrary to the roller-coaster image that the term “budgeting” often brings to mind, think of it as constructing a secure fortress for…

Compound Interest has been referred to as the 8th Wonder of the World. If Einstein actually said that is debatable but what isn’t up for debate is the exponential impact it can have towards wealth creation. Sure, we’ve all heard the term Compound Interest but how many of us have truly explored its power? What…

The American household typically has the big three major expenses that dominate the budget: housing, transportation, and food. It’s no secret that mastering your finances is a key component of creating a stable, prosperous life. By focusing our efforts on minimizing these costs, we can free up substantial financial resources and move closer to our…

Milestones of financial independence represent not just a path to a comfortable retirement, but a bold endeavor to redefine the relationship between work, money, and life. Rather than adhering to the standard counsel of saving a mere 10-15% of income for retirement, the ethos of financial independence urges a more assertive approach. By saving more…

Are you pondering “how much money do I need to be financially independent” or “how much money do I need to retire?” You’re not alone. These queries reflect the heart of a journey toward financial freedom, often boiled down to some shockingly simple math by experts like Mr. Money Mustache. The notion of financial independence…

Why do you want to become Financially Independent? You now have your definition of financial independence and are intrigued enough to pursue it – but why? It is important to know the why because this journey can be long, challenging, and at times boring. Knowing the “why” keeps us motivated. And if we truly understand…