Through the latest EconoMe 2024 meeting, attendees have been encouraged to produce “LifeHacks” onto publish-it notes and stick them to the wall. At the conclusion of the convention, I volunteered to clear up the wall and transcribe the accrued suggestions for long run reference and broader exposure. Some minimal spelling and punctuation alterations ended up built and emojis have replaced any line art made, but I’ve tried to manage the primary gist of all solutions. Importantly, this record is neighborhood sourced and does not automatically signify endorsement by EconoME, ChooseFI or the record compiler. Some notes had been phrased in the form of route (“do this”) and many others in form of explaining what they themselves have performed (“did this”). My have opinions on some of the hacks are interspersed in italics and ideal-aligned.
Given that ChooseFI is an affiliate lover with numerous credit card associates, we are certain by demands to not use certain sensitive phrases. I have replaced a usually utilised phrase frequently utilized by those people in just the group with the term “Journey rewards”. The which means is the similar, but I did want to acknowledge the slight alter in terminology I experienced to apply to host this checklist on the web site.
Travel rewards with credit history cards and factors. It is not as difficult as you could assume. ~Adi
Are living near to function or operate close to dwelling (much less/no commute).
Your story Makes your reality. Choose a new story and generate a new actuality.
Greet each and every obstacle as a obstacle!! 🙂
Make slumber a top rated priority!
Heading to College internationally—especially if you have entry to one more citizenship.
Browse “Quit Like a Millionaire”.
Turn into a nurse!
Constantly in demand
Flex several hours – up/down to fit your daily life
$$ as journey nurse
Never invest in the most significant household you can the loan company tells you that you can find the money for.
Leverage corporate travel for:
Lodge points
Producing neighborhood connections
Travel rewards
Obtain the app “Libby” for absolutely free publications you can checkout from the library.
The application Hoopla is also a very good solution for this.
Start out a company and have your business pay for as considerably your existence as achievable! 🙂
Browse “How Not to Die” by Michael Greger.
Wake up ahead of absolutely everyone else.
Use a substantial-generate discounts account for your dollars.
Financial prosperity is meaningless with out psychological & actual physical well being. Make them a priority.
Choose treatment of your mental wellbeing!
Have a organization fork out for your dwelling fees! This could search like:
Organization mobile phone prepare
Food costs
Housing charge (trusted property sitters)
Cost-free food at meetups
Deducting my entire rent and residing bills
Host a nearby ChooseFI celebration!
Get LASIK
My LASIK surgical procedures was some of the very best revenue I at any time spent.
Begin a organization to address a problem men and women have (or you solved for you)
Make FI Buddies on Facebook at FI Friends Connect
Lifestyle is all about stability. Never ignore now when saving for tomorrow!!
You really don’t want a draw down strategy if you build adequate streams of passive profits. – Merced 🙂
Get care of your enamel and periodontal overall health no issue what! Root by yourself in avoidance and goal for balance. Dentistry is not high-priced, neglect is!!!
♥️ Your FIgienist
Automate your saving & investing
Live in a way that can make you satisfied. Never maintain up with the cultural status quo.
Your identity immediately after retirement has its ups and downs. Give yourself grace.
Provide the major home!
Lower price grocery suppliers in Florida.
Why just Florida? ALDI ftw all over the place if you request me. 😊
Library has books, electronics, and resources!
A second take note was hooked up alongside to this one:
And board game titles!
ALDI 💗
Cold plunges. Hikinh
It was unclear if this was a persons title or maybe they intended to create “Hiking”.
Enrolled brokers (EA) are typically cheaper & just as experienced @taxes as CPAs.
Employ a CFP & EA before. Presents you confidence to deduct (specially for aspect hustles and enterprise)
Residence hack a new residence every single yr till it does not make feeling. 🏠
Meditate
Down load Kanopy from your area library card for Totally free films!
Under no circumstances just take a financial loan on a depreciating asset (like a vehicle).
Get a used auto! – Proprietor of a ‘98 Honda Civic that purchased for $750 in 2015 and Nonetheless driving!
Mint Cell for cellphone company
Figure out when you’re younger that you want to be balanced when you are outdated.
Transfer to a tiny town, buy a inexpensive home, and help you save the variance.
Section 121 (2 out of 5 rule)
$250,000 exclusion of funds gains tax on key residence sale.
($250,000 for every person on title)
Browse “Your Funds or Your Life” – fantastic 🙂
Grocery Searching!
Produce Area!
Cook.
Entire Food stuff Plant Centered meals 🙂
Cease Stressing!!!
YNAB! (You Will need a Finances app)
I can’t dwell w/out it. 🙂
A 2nd note was connected along with this one
YNAB is all the things!
Geo-arbitrage to Central or South The us.
Scarcity considering will keep you back no make any difference your portfolio.
Perform on shifting [sic: shifting mindset?] as a gift to oneself.
Pay attention to: “Catching up to FI”
Paprika 3 app
(buying list & recipe notebook)
Do not dismiss health!
Elevate! Cardio! Go!
Reside a prolonged lifetime you’ve invested in developing.
Do not wait around for retirement to do things… DO IT NOW!
You can retire before than you believe you can.
Tax reduction harvesting at your financial investment accounts!
High deductible well being plan ▶️ Health and fitness Discounts Account ▶️ Tax price savings & investible use for retirement
Be grateful extra
Financial savings buckets (Ally Financial institution) & monitoring my web value
FI is far better with Buddies
Find and/or build your group 💗
1) Reside down below your signifies, and
2) Establish and keep emergency fund > almost everything else!
Coast Hearth & Section-time perform you get pleasure from
Categorical gratitude day by day
Obtain present playing cards in bulk for extra financial savings @ retail stores on sale 🙂
Paying revenue on your overall health and conditioning is a portion of your personal savings charge.
Receipt Scanning applications
Ex:
Frisbee
Fetch
Receipt Hog
Connected to that notice was this followup take note:
Coin out
Named beneficiaries on accounts SUPERCEDES your will.
Make certain all account beneficiaries are correct!
Make complete use of do the job benefits.
Way of living accounts
No cost meals
HSA
Discounts – coverage, merchants, tickets
Study & fully grasp your 401k’s SPD (summary system description).
It’s the instruction manual for your 401k.
Vacation benefits
Attached to that was:
10xTravel.com
And hooked up to that was:
TravelFreely.com + CardPointers!
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