July 2017 Goal Progress: Update #17

LiveFrugaLee July 2017 Update

Last month, we officially passed the halfway mark on the $1M net worth goal. See that update here. It’s now been 17 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 17th update on the progress of … Read more

June 2017 Goal Progress: Update #16

June 2017 Goal Progress Update

We are now officially halfway there! It’s been 16 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 16th update on the progress of the goal. If you’re wondering why we set this goal, click here. In the … Read more

Are Condo Fees A Waste Of Money? A Defense of Condo Fees

Are Condo Fees A Waste Of Money?

“Oh, I’ll never buy a condo! Condo fees are such a waste of money!” In my four years as a licensed realtor in Virginia, I’ve heard this many, many times from both friends and clients. Many people rule out condos from their search because they say condo fees are like throwing money away. I agree … Read more

Millennials, These Books Could Change Your Financial Life

Millennials, These Books Could Change Your Financial Life

This post may contain affiliate links. Please read this disclosure for more info. “You will be the same person in five years as you are today except for the people you meet and the books you read.” – Charlie “Tremendous” Jones I’m a firm believer that, in addition to the people you surround yourself with, the … Read more

May 2017 Goal Progress: Update #15

LiveFrugaLee May 2017 Goal Progress Update 15

It’s been 15 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 15th update on the progress of the goal. If you’re wondering why we set this goal, click here. In the interest of better disclosure, I want … Read more

Millennials, Here’s How You Should Invest Your Money

Millennials Here's How You Should Invest Your Money

How do you invest your money? Some people have been asking me how I invest and how they should invest their money. I’ll admit that I haven’t been totally transparent about my investments. I just put a number that represents the total of our investments in my monthly updates. Related: April 2017 Goal Progress: Update … Read more

April 2017 Goal Progress: Update #14

April 2017 Goal Progress

It’s been 14 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 14th update on the progress of the goal. If you’re wondering why we set this goal, click here. In the interest of better disclosure, I want … Read more

How Much Does a 1% Difference in a Mortgage Rate Make?

how much difference does 1% in a mortgage rate make?

Homes have been flying off the market because the supply is so low and buyers greatly outnumber sellers in most markets. Many people are jumping into the market in hopes of becoming a homeowner before mortgage rates rise. Let’s say rates do rise a full 1 percent by the end of the year. How much … Read more

March 2017 Goal Progress: Update #13

march 2017 update

It’s been 13 months since we set a goal to pay off the mortgage (on our condo) and to have a net worth of at least $1M by 2020. This is the 13th update on the progress of the goal. If you’re wondering why we set this goal, click here. In the interest of better disclosure, I … Read more

3 Reasons to Refinance Your Student Loans

3 Reasons to Refinance Your Student Loans

This post may contain affiliate links. Please read this disclosure for more info. I recently refinanced one of my student loans. I think it was a smart move because I’m no longer paying close to 7% interest on that loan. However, the decision really wasn’t that simple. There are several things to consider before refinancing a loan. … Read more