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Category: FIRE

March 31, 2015Written By Paula Pant

How Erin Saved One Years’ Worth of Expenses, Quit Her Job, and Enjoys More Flexibility

“I only earn enough to make the minimum payment on my loans.”

“My boss doesn’t pay me enough, so I can’t save a dime.”

“I’d love to quit my job, but I don’t think that’s realistic.”

The Naysayer Brigade makes statements like the examples above — statements that give power to their bosses and the economy, […]

Keep reading...

March 10, 2015Written By Paula Pant

10 Lessons I’ve Learned as an Airbnb Host

This article is Part 4 of The Airbnb Series. Before you read this, check out Part 1, Part 2 and Part 3.

Almost one year ago, I took the crazy leap into becoming an Airbnb and VRBO host.

Since then, I’ve earned $28,268.35. I’ve met some fascinating people from around this world. And yes, I […]

Keep reading...

February 18, 2015Written By Paula Pant

How Sarah Quit Her Job, Launched an Online Business, and Now Travels As Much As She Wants

Five years ago, a Canadian woman named Sarah embarked on a series of life-changing steps.

She moved 215 miles away from her hometown. She returned to college (after initially failing a few courses) to finish her degree. After graduation, she landed a cushy job with a pension and plenty of benefits. She got engaged. They bought a house.

 […]

Keep reading...

February 12, 2015Written By Paula Pant

Mini-Retirements, Semi-Retirement, Early Retirement — What’s the Most Awesome Lifestyle?

This recent reader email struck a chord:

I’m a software engineer trying to plan my plunge [into freedom]. I’m young, so I figured I would grind it out, save a lot, and retire early.

But after a health scare, I realize mini-retirements might trump early retirements, and I want to […]

Keep reading...

November 4, 2014Written By Paula Pant

The Airbnb Experiment: 42 Guests, 1 Police Visit, and $19,000

This article is Part 3 of The Airbnb Series. Before you read this, check out Part 1 and Part 2, and when you’re done, visit Part 4.

Well, it’s happened.

Eight crazy months, 42 guests, one police incident, and $19,000 in gross income.

I’ve packaged the adventures, ideas and full disclosure of the numbers […]

Keep reading...

May 27, 2014Written By Paula Pant

The AirBnb Experiment: How Much Did I Make?

This article is Part 2 of The Airbnb Series. Start by reading Part 1 here, and when you’re done, visit Part 3 and Part 4.

Three months ago, I launched The AirBnb Experiment.

I’m trying to satisfy a long-held curiosity: How much more (or less) could I earn by running an Airbnb vacation rental, as compared […]

Keep reading...

April 23, 2014Written By Paula Pant

The Ultimate Challenge: Finding the Real “Value” of Money

What’s the purpose of money?

That’s not a rhetorical question. I’m inviting you to sit with this question for a moment. Ponder it. Pray / meditate / reflect on it.

Why do you want to create wealth on your life? What’s the ultimate purpose?

I’ve thought about this on a near-daily basis for the […]

Keep reading...

March 20, 2014Written By Paula Pant

The AirBnb Experiment: How I Impulsively Started a Vacation Rental Business

This article is Part 1 of The Airbnb Series. When you’re done, check out Part 2, Part 3, and Part 4.

“I wonder if …”

The greatest adventures of my life usually begin with that phrase.

When I say “greatest,” I don’t necessarily mean “best.” Sometimes I mean “weirdest-smelling” or “insanely-profitable” or “almost-gave-me-malaria.”

 “I […]

Keep reading...

March 4, 2014Written By Paula Pant

How Forest Travels the Globe … While Running a Business from His Laptop

At first glance, Forest doesn’t seem to fit the profile of a successful entrepreneur and world traveler.

He grew up in a working-class neighborhood. He dropped out of school at age 16. He endured a tragedy in his early 20’s.

But our early life doesn’t determine our future. Forest is living proof.

He’s been […]

Keep reading...

January 20, 2014Written By Paula Pant

Why I Wasted an Hour of My Life to Save $3.60

I’d like to tell you about a stupid money mistake I made last week.

I’ll share why it was so dumb … and how you can do the opposite.

Let’s go:

During the past three months, I’ve been overseeing the renovations on one of my six rental property units.

We’re ripping everything […]

Keep reading...

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