9 Ways Teachers Can Save Money On Classroom Supplies

9 Ways Teachers Can Save Money On Classroom Supplies

My wife has about $600 worth of supplies that she needs just to start the school year. The real figure is likely over $1,000 and I imagine you spend around that same figure (or more) each school year. Because we’re a financially aware family, we are always discovering ways to reduce our expenses and increase our savings.

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What's Geoarbitrage and Why are People Talking About It?

What's Geoarbitrage and Why are People Talking About It?

The purpose of geoarbitrage is to take advantage of the disparity between income and your cost of living. For example, I live in a low cost of living area (Texas) and work for a company in an extremely high cost of living area (California). This allows me to earn a higher than average income for the location in which I live and as a result, being able to save and invest more money than otherwise capable of.

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Inflation's Effect on your Cash Emergency Fund and Investments

Inflation's Effect on your Cash Emergency Fund and Investments

Money isn’t stagnant, it’s always moving. Whether you’re moving it or forces outside of your control are moving it. Money is in motion. One of the ways in which money moves is due to inflation. This is because the price of commodities increases over time and money devalues. The annual increase in prices of goods and services is called inflation.

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How Our Family Of 5 Achieved CoastFIRE On Our Way To Financial Independence

How Our Family Of 5 Achieved CoastFIRE On Our Way To Financial Independence

We achieved CoastFIRE by combining our finances, earning an education (without student loan debt), increasing our income, reducing our expenses, and investing at a young age. Coast FIRE is the mathematical tipping point where the money you’ve invested will grow to an amount sufficient for retirement even if you stop all future contributions.

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FIRE Calculator: Determine Your FIRE Number, Time To FIRE and Retirement Income

A financial independence retire early (FIRE) calculator can be a great resource to visualize your path to financial independence. We built a FIRE calculator that provides several key functions. Use it to determine your FIRE number, how long it may take to FIRE, and what your retirement income looks like today vs. at your FIRE goal.

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