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Blogger Profile


Joel

Blog Info

Name:
Financial 180
Address:
Category:
Early Retirement
Tags:
Frugality, Millennial
Start Year:
2017

Blogger Bio

Location:
Florida, United States
Age:
30s
Race:
White
Gender:
Male
Life stage:
DINK (Dual Income, No Kids)
Profession:
Engineer

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Latest Blog Posts

As we mentioned back in our very first post, the primary focus of this blog is to help you avoid the financial mistakes we’ve made in the past. And over the years, we’ve made A LOT of mistakes: We purchased our first home in the summer of 2007, at the peak of the housing market; a decade later we're down six figures on this adventure Three years later, in what turned out ...
Posted: Oct 04 2017 @ 9:05 AM
Few concepts are as misunderstood in the FIRE community as the (ominous voice) “early withdrawal penalty.” More accurately described as section one of tax code §72(t)*, this is the additional 10% income tax that applies to withdrawals from tax deferred retirement accounts taken before age 59½. As I browse the various financial independence forums, I see statements like these way too often: “I have 25 times my annual expenses in my ...
Posted: Jul 28 2017 @ 9:58 AM
When my wife and I first discovered the financial independence community, we were beyond excited. We binged through the Mr. Money Mustache blog together, implementing all the changes he recommended as quickly as possible. We read every FI book we could get our hands on. We were, to put it simply, obsessed. After a few short months, our course correction was complete, and for the first time in our lives, ...
Posted: Jun 26 2017 @ 9:22 AM
I’m writing this post from beautiful St. Simons Island, relaxing in the sun and enjoying a much-needed vacation away from work. A vacation which, interestingly enough, wouldn’t have happened if I didn’t leverage the power of FU money. What is FU money? Well, I’ll let Jim Collins, the author of “The Simple Path To Wealth” tell you using his own, rather colorful language (video link – NSFW): The concept is that when you have enough ...
Posted: May 29 2017 @ 7:24 AM
This week, the wife and I were guests on the ChooseFI podcast! Brad and Jonathan had us on the show to discuss our Financial 180, and we had a blast. Listen here! Some highlights: How we went from spending six figures to saving 85% of our income Discussing Financial Independence with family The opportunity costs of car commuting How learning to cook well has saved us thousands of dollars Our financial ‘awakening‘ Our favorite life hacks Our biggest financial mistake! Advice ...
Posted: May 22 2017 @ 6:30 AM
It's been a busy month for the FI180 household! My wife had a birthday, I wrote a guest post over on the FireyMillenials blog, a mustachian friend from Warner Robins made a visit, and we got to record an episode of the ChooseFI podcast, scheduled to air later this month. But perhaps most exciting for the wife and I, April marked the end of our decade long adventure in real estate! As you may recall ...
Posted: May 13 2017 @ 11:37 AM
Welcome to WordPress. This is your first post. Edit or delete it, then start writing! ...
Posted: Apr 18 2017 @ 11:19 PM
I recently got into a disagreement on the “Mustachians on Facebook” group with a few people who were trying to convince me that driving is an essential part of life, and for some people there is simply no way around high monthly car costs. No matter what ideas I proposed to reduce their costs, they responded with something similar to “I already thought of that, but it won’t work because… (I’m ...
Posted: Apr 17 2017 @ 12:33 PM
If you could go back in time a decade and tell your younger self anything, what would it be? What advice would you give? What would you do differently, given advance notice? Today, Gwen over at the Fiery Millennials blog is featuring my new post A Letter to My 22 Year Old Self! I met up with Gwen at Camp Mustache SE this past January, and after hearing my story, she ...
Posted: Apr 10 2017 @ 9:20 AM
A few years back, my wife and I were presented with an interesting opportunity. A family member, let's call him Mike for this article, wanted to retire to Florida to take advantage of the amazing housing prices here. At the bottom of the market, homes had dropped 60%-70% in value from their 2007 peaks. The problem was that Mike was still over a year away from retirement. He offered us the opportunity to live in ...
Posted: Mar 24 2017 @ 1:44 PM

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