Our military oriented real estate investing blog.
Before we talk about residual income, I would like to start by telling you a quick little story...
Years ago, I remember deciding, that I did not want my wife to feel like she "had to" go to work if she didn’t want to.
Then, thinking it was my only option, I tried to figure out how I would cut down our family expenses if we had a baby. After all, I wanted to start saving for his or her college.
This meant living more frugally.
It meant cutting down our expenses and saving more.
I quickly realized that my future day-to-day lifestyle would most likely struggle.
Don't forget saving for retirement! My wife and I wanted to make sure we could tell all the other military families that we had a solid TSP and Roth IRA for our future old-selves. We didn't want to seem financially uneducated.
But something did not feel right. My thought process seemed counterintuitive and it was forcing some difficult conversations between my...