net worth Archives - CLIPPING CHAINS https://clippingchains.com/tag/net-worth/ Funding the Adventurous Life Sun, 21 Feb 2021 15:23:36 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.3 https://i0.wp.com/clippingchains.com/wp-content/uploads/2018/09/cropped-TEST_CC_Logo-1.png?fit=32%2C32&ssl=1 net worth Archives - CLIPPING CHAINS https://clippingchains.com/tag/net-worth/ 32 32 150809980 The Simple Systems to Kicking Monetary Ass https://clippingchains.com/2020/07/13/the-simple-systems-to-kicking-monetary-ass/ https://clippingchains.com/2020/07/13/the-simple-systems-to-kicking-monetary-ass/#comments Mon, 13 Jul 2020 12:59:00 +0000 https://clippingchains.com/?p=5296 The often-touted rule-of-thumb for achieving financial independence is to secure 25 times one’s annual expenses via intentional saving and investing. Even though these are simple systems, we know from the second or third grade that multiplying things by 25 produces much bigger numbers than the thing itself (our spending in this case). Therefore, it seems …

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]]> https://clippingchains.com/2020/07/13/the-simple-systems-to-kicking-monetary-ass/feed/ 4 5296 I Have Cash! Is Now a Bad Time to Invest?! https://clippingchains.com/2020/03/09/i-have-cash-is-now-a-bad-time-to-invest/ https://clippingchains.com/2020/03/09/i-have-cash-is-now-a-bad-time-to-invest/#comments Mon, 09 Mar 2020 13:00:00 +0000 https://clippingchains.com/?p=4157 Hey, hey, hey! Some cash just landed in your lap. Or perhaps you have a vested interest in your company, and now your stock is available to sell or transfer. What do you do with it? Do you keep it? Invest it elsewhere all at once as a lump sum and hope the market doesn’t …

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]]> https://clippingchains.com/2020/03/09/i-have-cash-is-now-a-bad-time-to-invest/feed/ 5 4157 Early Retirement: Is It the Solution? https://clippingchains.com/2019/07/22/early-retirement-update/ https://clippingchains.com/2019/07/22/early-retirement-update/#comments Mon, 22 Jul 2019 13:00:38 +0000 https://clippingchains.com/?p=2436 Alrighty then, let’s get back down to some brass tacks, shall we? I originally started this website in a heartfelt effort to get folks thinking about their finances. And what was the bait? It was our story of a potential early retirement. So how is our plan coming along? Lordy, Lordy, nothing gets people more …

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]]> https://clippingchains.com/2019/07/22/early-retirement-update/feed/ 2 2436 Net Worth: It’s Really Going to Matter…Someday https://clippingchains.com/2019/04/08/net-worth-its-going-to-matter/ https://clippingchains.com/2019/04/08/net-worth-its-going-to-matter/#comments Mon, 08 Apr 2019 13:00:30 +0000 https://clippingchains.com/?p=1748 I promised at the end of our post on spending tracking that we’d also be addressing and tracking one’s net worth. I’m a man of my word, so here we are. Net worth is defined as total assets minus total liabilities (debt). Simple enough right, so why the post? First, there’s some nuance involved in …

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