Caroline

We sold three of our real estate properties in the last year, just so we could have a more liquid and balanced portfolio. Yet, we recently closed on a new purchase – a studio apartment in Jacksonville, FL with a view of downtown. We had been looking at units in this particular downtown building for a couple of years now. We even bid on a penthouse studio late last year [...]

Multiple companies, such as Tesla, Coinbase and Redfin, are announcing layoffs. Some companies have rescinded previously made offers (Coinbase again! also Twitter), while some are decreasing hiring (Netflix, Peloton, Facebook). You also can’t visit any news site without seeing a post on crypto winter, which impacts not just crypto values but also the job market at crypto firms. At the same time, we’re facing the highest inflation rate in recent [...]

In my very first job post-college, I worked as a management consultant. This involved working onsite at clients around the US, and for one project, in Toronto Canada. I spent March/ April 1995 in Toronto, and while I was working too long hours to enjoy the city, I remember liking Toronto very much. Fast forward 27 years later, and we were back in Toronto for a quick overnight. The trip [...]

On a recent road trip from Florida to New York, we had rain the whole way, and as we drove north, we hit colder temperatures, more wind, then sleet and sometimes even snow! The week before our trip, we had an internet outage in our service area, exactly at the time I was presenting a training webinar, Scott had a client meeting and our oldest happened to be at our [...]

The two most influential teachers in my financial literacy journey were also my piano teachers. My first financial literacy teacher was my first piano teacher and also my mom. Many people probably learned about money from their parents. My mom didn’t talk about money management or investing directly, but I learned by watching. My parents separated right after I was born, so my mom raised two kids on a single [...]

Last month we closed on the sale of Casa Salita, the second property we purchased in Costa Rica. Though we bought it only in December 2017 (just over four years ago), we started thinking about selling it in the midst of the pandemic because we weren’t sure where rentals were heading, and the market for selling Costa Rica real estate was hot. However, we didn’t put the home on the [...]

Writing has been a gamechanger for establishing and growing my consulting business (consulting is an excellent career or side hustle to jumpstart your FIRE fund!). When you’re published, people see you as an authority in your field. If you’re new, it’s a way to get established. If you’re pivoting, getting published on different topics can give you traction in a new target area. Of course, writing itself can be monetized [...]

One of the fun perks of writing for a well-known publication like Forbes is that I wind up on PR lists and hear about leading-edge developments early. Recently, I was invited to a webinar with a LinkedIn product director to promote the new Career Breaks feature. With this feature, instead of just posting an employment gap of months or years (and employers don’t like gaps), you can choose the Career [...]

Generational wealth for my kids, their kids and beyond is a key priority for the same reason I also prioritized financial independence – as a hedge against an increasingly difficult job market. It’s not that I don’t expect my kids to work. I just don’t want them to get stuck if AI reduces job prospects considerably, or if future careers (and therefore earning potential) are even shorter than careers are [...]