It’s the time each year when many look ahead to what the New Year may bring. We make plans, set goals and hunker down to make personal improvements. It’s also the time of year when we reflect on the previous year. We see lists of top 5s, top 10s and top 100s. For The Debt Free Guys, we use this time of year as an opportunity to be grateful for what we have and have accomplished. Below are six accomplishments that help feed our long term-plans of a fantastic retirement and much travel.
More Income, Now and Later
We started the year off with John devoting 100 percent of his time kickstarting The Debt Free Guys’ platform. He revamped our website and blog, started our path of being authors and moved us to a maintainable spot for the near-term. Shortly thereafter he put out to the universe that he wanted a new job.
We decided what would work with our desire to continue to move The Debt Free Guys forward, as well as a workable salary range. In April, he was offered a position that met everything we put into the universe and he started his new job in May.
Shortly thereafter, David changed jobs to a new company. Due to the nature of its business, his previous company wouldn’t allow David to publish our books with his name on them. We, again, discussed a salary range and our desire to move Debt Free Guys forward. In May, David was offered a new job with a 14 percent salary increase. An added perk is that during David’s interview his future boss said, “You wont find us working 45 to 50 hours every week. We get in, get our work done and go home.”
Our two new positions are closer to home and allow us to carpool. This means we not only save time, but also money.
As for our future, three very exciting things happened in 2014. We published three eBooks, The #MoneyConscious Student, Do You Know How To Be #MoneyConscious and The #MoneyConscious Guide to Financial Planning: 12 Steps to a Richer You. We’ve had modest success with two eBooks appearing on iTunes’ top 20 for “Business & Personal Finance”. All three have appeared on iTune’s “Whats Hot” list. These three eBooks, as well as our forthcoming book put us in the position to reap greater financial rewards in 2015 and beyond.
On a Personal Personal Finance Note
In January 2014, we celebrated our ten year anniversary. We’ve had some high ups and low lows, especially with our finances. Of course, this was an opportunity for us to celebrate. We chose San Diego, California. Neither of us had been there in a while and wanted to go back. The trip did not disappoint. We stayed at a fantastic waterfront hotel, had a number of amazing local dinners and lunched and walked over 20 miles in three days.
An added success was that our trip was done in style, debt free style. We used a buy one get one free certificate for our plane tickets, used hotel points for our three night stay and saved $700 for fun money. It was a great trip. We loved it and we especially loved coming home without a dime on our credit cards.
It’s All About The Benjamins
When it comes down to it, The Debt Free Guys are about living a fantastic life below our means and focusing on what really makes us happy. This, too, we accomplished in 2014. We reached two major milestones in this category. In May, we refinanced our mortgage to an awesomely low rate and reduced our loan to a 15 year term, which will save us seven years and $75,000 in interest payments. This not only allows us the opportunity to save more money for retirement and travel, it also puts us in the position to save for a mountain vacation home.
Our second accomplishment in this category was saving and investing enough in our retirement accounts to break the $400,000 mark. Of course, we have the stock market to thank for much of this. Regardless, we’re well on our way of building a $3 million retirement nest egg.
2014 was a stellar year for The Debt Free Guys. We are grateful for all of our successes and appreciate all of the support we’ve received. Cheers to a 2015 with as much success for us and you. Stick to your goals, make your life the best it can be, and stay #MoneyConscious!