web
counter

Blogger Profile


DA

Blog Info

Name:
Debt Ascent
Category:
General Finance
Tags:
Debt, Investing
Start Year:
2017

Blogger Bio

Net worth:
Location:
Oregon, United States
Age:
30s
Race:
White
Gender:
Team
Life stage:
DIK (Dual Income, Kids)
Profession:
Dentist (Her) & Engineer (Him)
Fave $ Books:
Oops! We don't have this blogger's faves, yet. If this is your blog, fill out our poll here!
Fave $ Apps:
Oops! We don't have this blogger's faves, yet. If this is your blog, fill out our poll here!

(Is this your profile page? Update your info here. To update your icon, go to gravatar.com.)


Latest Blog Posts

As someone with an interest and focus on achieving financial independence (FI), I’ve observed a divide between personal finance writers with opposing views that either increasing income or decreasing expenses is the expedient path to that end. I’ve witnessed examples of folks attempting to discredit high income earners that point to decreasing spending as the […] The post Income vs. Spending Divide appeared first on Debt Ascent. ...
Posted: Dec 19 2018 @ 7:00 AM
With a bounce-back in equities to close out November and a continued focus on student loan debt payoff, November was a strong month for our net worth. I’m paid twice a month, and my wife is paid every two weeks, so we build our budget and spending around the typical expectation of four paychecks per […] The post November 2018 Net Worth appeared first on Debt Ascent. ...
Posted: Dec 03 2018 @ 11:28 AM
In another life, my wife decides against dental school and I never apply for graduate school. We avoid getting into over $500k in student loan debt. We top out at just under $70k instead and start our “real lives” years earlier. Instead of staring at a net worth of -$470k in early 2014, we start […] The post In Another Life appeared first on Debt Ascent. ...
Posted: Nov 29 2018 @ 4:10 AM
Remember back in February, when everyone was on high alert for a possible market correction that many thought had started? The headlines were a bit sensational: Dow plunges 1,175 — worst points decline in history The market fell over 4% that day. At the time we had roughly $330k invested in the stock market, and […] The post An Extra Dollar for La Croix appeared first on Debt Ascent. ...
Posted: Nov 17 2018 @ 5:34 PM
For the first time since we purchased our home last year, our net worth has dropped. However, I still view October 2018 as a wild success. We started the year with over $320k in student loan debt. This month we crossed the threshold below $190k. The parts of this journey that we can control moved […] The post October 2018 Net Worth appeared first on Debt Ascent. ...
Posted: Nov 04 2018 @ 12:57 PM
Our philosophy regarding budgeting has rapidly evolved over the last few years. Before mid-2015, in the decade plus that the Mrs. and I have spent together we never relied on a budget. For the longest time, I didn’t see the value of categorizing spending and setting arbitrary amounts that were deemed “acceptable”. Rather, I thought […] The post Budging from Budgetless appeared first on Debt Ascent. ...
Posted: Nov 01 2018 @ 1:34 AM
We’re getting close. It’s possible we’re there. We might have finally reached the point that I can say with confidence that we’ve escaped a negative net worth for good. The end of 2017 was the first time that our net worth was positive. We ended last December with a net worth of $1,490. It was […] The post September 2018 Net Worth appeared first on Debt Ascent. ...
Posted: Oct 02 2018 @ 3:46 PM
In Part I we discussed why it makes sense for us to exclude our home from our net worth calculation. To recap, the main takeaway is that we do not plan on the equity of our primary residence to be used to fund our retirement. We’d like to live in and enjoy our home. If […] The post Net Worth Exceptions Part II: Planned Expenses appeared first on Debt Ascent. ...
Posted: Sep 28 2018 @ 10:07 AM
If you’re at all familiar with the personal finance world and particularly those that are interested in financial independence and early retirement, you may be well aware of some of the discrepancies of how some calculate and report their net worth. Given such a large focus of our story is focused on the financial progress […] The post Net Worth Exceptions Part I: Excluding the home appeared first on Debt Ascent. ...
Posted: Sep 19 2018 @ 1:52 AM
Another month is in the books, and with thanks in no small part to strong market gains we were able to continue our streak of five figure net worth improvement to five consecutive months. We continue to focus heavily on debt reduction, and so in August we made the decision to transfer much of our […] The post August 2018 Net Worth appeared first on Debt Ascent. ...
Posted: Sep 07 2018 @ 7:37 PM

Testimonials

"This is one of the best, most informative personal finance web sites I've ever seen"

-- Daffy Duck, DaffyIsSoTaffy.com

"This guy clearly knows his shit; with every post, I feel like he's got my back as one of those "savers", and his web site is pretty damn cool, too"

-- Scuba Steve, MyScubaGearIsSoWet.com

Leave a Comment

To leave a comment about this blog, fill out the following form.