Here at GoGreenDollar, achieving early retirement is undoubtedly one of the main focuses. In fact, the very first article ever posted on this site described the simple formula I’m using to retire in my 30s. In the time since that first article, I’ve discussed a multitude of topics, most of […]
read more...Category Archives: Save Green
Budgeting and Saving
How Much Money Do You Really Need To Retire?
How much money does someone need in order to safely retire? I’m sure this question has given many aspiring retirees pause. After all, no one wants to be forced back into the workforce once they’ve made the life-altering decision to leave it. Would a $250,000 savings be enough? How about […]
read more...How To Manage An Unexpected Financial Windfall
You’ve just received a large unexpected financial windfall. What should you do? Buy a new car? Maybe pay off your mortgage? How much should you save? Is it ok to splurge a little? What about investing? Whether it’s from an inheritance, an unlikely lottery win, the sale of a business, […]
read more...Guest Post: Green Investing Opportunities
If the goal is to “Go Green”, why not also “Invest Green”? This question was recently posed to us by Jon, a researcher with iCompareFX (a global review and comparison service for top money transfer providers). Needless to say, he immediately had our attention. After discussing some of his ideas […]
read more...Investing Young Will Make You Rich
As the certainty of my own early retirement has become more real, I have increasingly found myself thinking about the younger members of my family, specifically my cousins. You see, combined, my parents have nine siblings, and as a result, I am fortunate to have quite a few young cousins. […]
read more...Guest Post: Forget the Traditional Savings Account. Save Your Money Here Instead.
I recently had the opportunity to connect with some of the good people over at Club Thrifty, where the motto is, “Dream Big, Spend Less, Travel More”. They run a great website, full of interesting and informative content, so be sure to check it out! After our discussions, I’m excited […]
read more...Invest A Few Dollars Today, Count Your Riches Tomorrow
Investing. I love to talk about it, read about it, and write about. As a result, I have a tendency to bring it up quite often as a topic of conversation. I was recently having one of these investing conversations with some colleagues at work and our discussion turned towards […]
read more...Your House Is Not An “Investment”
Believe it or not, I’m not against purchasing a home. I know I’ve expounded on the fact that, in many cases, renting is better than buying and have shown that paying off a house quickly can potentially reduce your wealth by hundreds of thousands of dollars, but I didn’t write those […]
read more...Garbage Around The World
Every year, approximately eight metric tons of garbage and waste spill into our oceans. Paper and plastic litter the roadways, makeshift nests of debris and straws fill up trees throughout the neighborhood. We are consuming natural resources faster than ever and as the world population grows, there is less and […]
read more...Paying Off Your Mortgage Early Could Cost You $100,000…Or More
If you’re a homeowner, at some point, someone has undoubtedly advised you to pay off your mortgage early. They’ve probably suggested early payoff techniques like paying bi-weekly instead of monthly, allocating extra funds directly to the principal, or increasing your payments by some amount each month. Some may have even […]
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