Any financial savvy person will tell you that you need to eliminate all your debt (good and bad), if you are on the path to achieve financial independence. Our primary goal is to fully pay off our mortgage and turn our condominium into a consistent cash flow stream which in turn is going to free…
Author: A Compact Life
7 Ways To Live On One Income
Ten years ago, we decided to leave our full time jobs in order for me to attend graduate school in Sweden. And that’s where we learned how to live on a shoe string budget. Through some careful planning and discipline we were able to sustain our lifestyle for 2 1/2 years. Having learned just about…
Summer Travel Plans 2020
Unlike the previous summers, where we boarded an airplane and ventured around Europe or rented an Airbnb house off the east cost of North Carolina, because of COVID-19 we are changing our game plan and making the most of it this summer during the pandemic. This year we have decided to explore America in a…
What We Are Teaching Our Kids About Money
Ok, let me ask you a question, do you want to be truly wealthy? In essence we all do. Looking at the grand scheme of things and not just fancy cars, luxurious homes, and private jets; wealth brings you freedom to do what matters the most to you and ultimately live a stress free life….
Productivity During Quarantine
As we are approaching four months of isolation, there have been quite a few changes to our personal and professional lifestyle. Our kids are getting used to online learning and completed the second half of the school year from their bedroom. On top of that, I have been enjoying working from my home office. As…
Your Money Or Your Life Macedonian Summary
I can’t tell you how thrilled I’m about having the opportunity to translate the summary of Your Money or Your Life by Vicki Robin in Macedonian. Having said that, I want to personally thank everyone who contributed and made my idea come true. Vicki Robin, thank you for letting me translate the summary gratis, Ljubica…
ACL Savings Rate 2020
I’m going to be frank with you, being able to save is fun but being able to save a lot is even more fun. If you look at the big picture, savings brings you freedom; freedom from stress and the confidence that money is something you can control. One of the main reasons I write…