September 2016 Goal Progress: Update #7 and Life Happens

livefrugalee_sept_2016_gp

It’s been 7 months since we set a goal to pay off the mortgage by 2020 and to have a net worth of at least $1M by 2025. This is the 7th update on the progress of the goal. If you’re wondering why we set this goal, see here. Life happens. A lot of big changes came … Read more

August 2016 Goal Progress: Update #6

LiveFrugaLee_GP_August_2016

It’s been 6 months since we set a goal to pay off the mortgage by 2020 and to have a net worth of at least $1M by 2025. This is the 6th update on the progress of the goal. If you’re wondering why we set this goal, see here. Mortgage progress: This month, we paid a … Read more

July 2016 Goal Progress: Update #5 + I Broke My Ankle

LiveFrugaLee_GP_July_2016

It’s been 5 months since we set a goal to pay off the mortgage by 2020 and to have a net worth of at least $1M by 2025. This is the 5th update on the progress of the goal. If you’re wondering why we set this goal, see here. Mortgage progress: This month, we paid a … Read more

I Will Qualify For The Boston Marathon By 2020

LiveFrugaLee_Boston_Marathon

After much thought, I’ve decided to add another goal to my list. I will qualify for the Boston Marathon by 2020. Here are the current qualifying standards: AGE GROUP MEN WOMEN 18-34 3hrs 05min 00sec 3hrs 35min 00sec 35-39 3hrs 10min 00sec 3hrs 40min 00sec 40-44 3hrs 15min 00sec 3hrs 45min 00sec 45-49 3hrs 25min 00sec … Read more

June 2016 Goal Progress: Update #4

LiveFrugaLee_GP_June_2016

It’s been 4 months since we set a goal of paying off the mortgage by 2020 and to have a net worth of at least $1M by 2025. This is the 4th update on the progress of the goal. If you’re wondering why we set this goal, see here. Mortgage progress: This month, we paid a … Read more

Where I Agree and Disagree With Dave Ramsey and My Debt Story

LiveFrugaLee_Debt_Story

I graduated from college in 2007 with just under $27,000 in student loans. Before I even got my diploma, I added another $12,000 in debt for a brand new car (2007 Hyundai Sonata, manual). I didn’t know much about personal finance back then. I just thought debt was a part of life. My first and second jobs out … Read more

What Are Payday Loans and Why Did Google Ban Their Ads?

LiveFrugaLee_Payday_Loans

What is a payday loan? A payday loan, also known as a payday advance or cash advance, is a short-term, unsecured loan. Payday loans typically have these features: They are small loans, usually less than $1,000. They have extremely high interest rates with representative APRs in the range of ~400-800%. They are due by your next … Read more

Homebuying 101: A Quick Guide For First-Time Homebuyers

LiveFrugaLee_Homebuying_101

Buying a home can be a daunting process. For first-time homebuyers, buying a home is typically the biggest financial decision they have ever made. My goal for this post is to provide a brief but clear picture of the homebuying process. I am a licensed realtor in Virginia. Some steps may be slightly different in other … Read more

May 2016 Goal Progress: Update #3

LiveFrugaLee_May_2016_GP

It’s been 3 months since we set a goal of paying off the mortgage by 2020 and to have a net worth of at least $1M by 2025. This is the 3rd update on the progress of the goal. If you’re wondering why we set this goal, see here. Mortgage progress: This month, we paid a … Read more