savings rate Archives - CLIPPING CHAINS https://clippingchains.com/tag/savings-rate/ Funding the Adventurous Life Mon, 09 Aug 2021 18:42:22 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://i0.wp.com/clippingchains.com/wp-content/uploads/2018/09/cropped-TEST_CC_Logo-1.png?fit=32%2C32&ssl=1 savings rate Archives - CLIPPING CHAINS https://clippingchains.com/tag/savings-rate/ 32 32 150809980 Your Questions Answered: Volume 2 https://clippingchains.com/2021/03/29/questions-vol2/ https://clippingchains.com/2021/03/29/questions-vol2/#comments Mon, 29 Mar 2021 13:49:00 +0000 https://clippingchains.com/?p=6902 This week we’re taking another look at your specific questions. Today we examine the thorny subject of income and how much is needed to pursue financial independence, how we fund our lives without a job, the best option for medium-term saving goals, some discussion of real estate investing, and a requested expansion on last week’s post …

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]]> https://clippingchains.com/2021/03/29/questions-vol2/feed/ 2 6902 Neil Phillips: Money as a Means to an Incredible Journey https://clippingchains.com/2020/08/24/neil-phillips-money-as-a-means-to-an-incredible-journey/ https://clippingchains.com/2020/08/24/neil-phillips-money-as-a-means-to-an-incredible-journey/#respond Mon, 24 Aug 2020 13:49:00 +0000 https://clippingchains.com/?p=5553 This week I am very pleased to bring you an exciting interview with a climber and young professional that you don’t know: Neil Phillips. As a matter of fact, I’m 100% positive that you don’t know Neil Phillips, because that’s not his real name. And I get that too, because I also don’t use my …

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]]> https://clippingchains.com/2020/08/24/neil-phillips-money-as-a-means-to-an-incredible-journey/feed/ 0 5553 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 Chasing Your Dreams is Probably a Bad Idea https://clippingchains.com/2019/09/16/chasing-your-dreams-is-probably-a-bad-idea/ https://clippingchains.com/2019/09/16/chasing-your-dreams-is-probably-a-bad-idea/#comments Mon, 16 Sep 2019 13:00:56 +0000 https://clippingchains.com/?p=2835 When it comes to jobs and careers, parents the world over tell their children more-or-less the same message: you can do anything you want in life. Follow your dreams, and the rest will work out in the end. Of course, those same parents leave early each morning to go to a job that — as …

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]]> https://clippingchains.com/2019/09/16/chasing-your-dreams-is-probably-a-bad-idea/feed/ 3 2835 Tracking Your Spending: The Ultimate Task https://clippingchains.com/2019/03/11/tracking-spending/ https://clippingchains.com/2019/03/11/tracking-spending/#respond Mon, 11 Mar 2019 13:00:25 +0000 https://clippingchains.com/?p=1619 I realize that only some small subset of the folks who end up on this website are likely to pursue financial independence. It’s not for everyone. But if we can make a single small impression on you, dear reader, it would be to invest time in tracking your spending. It doesn’t matter if you are …

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]]> https://clippingchains.com/2019/03/11/tracking-spending/feed/ 0 1619 Five “Essentials” That Are Destroying Your Savings https://clippingchains.com/2019/01/07/savings-five-essentials/ https://clippingchains.com/2019/01/07/savings-five-essentials/#respond Mon, 07 Jan 2019 14:00:20 +0000 https://clippingchains.com/?p=1067 Well folks, new year, new goals. Are you looking to increase your savings rate this year? Are you really interested in saving? “No” is a completely acceptable answer, by the way. If you prefer to answer no, you can largely disregard what’s written below and carry on with a plan more suitable for you. We …

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