Today is the 58th edition of our periodic guest post series called 10 Questions. We have a list of 17 questions we pose to fellow financial bloggers, and they are free to pick and choose 10 or answer all of them. Let us know if you would like to be featured in a future edition of 10 Questions.
This week, we hear from Fritz from The Retirement Manifesto. Fritz will be exiting corporate life in just a couple short years at the ripe young age of 55! Pretty neat! Also, anyone who’s a fan of Warren Buffett scores points with me. Take it Fritz!
Why Is Your Blog Awesome?
I loving writing and sharing lessons learned from 31 years of preparing for early retirement (which I’ll achieve in a couple years at Age 55). My goal is Helping Others Achieve A Great Retirement! In addition to focusing on the financial side of early retirement, I focus on broader life factors required for a successful life (Purpose, anyone?). After all, Retirement Is Hard, we only get one crack at it, so let’s get it right! My wife and I just sold our house in 7 days, completed a major downsizing move, and paid off our cabin to become entirely debt free!! I’ve been interviewed on the Radical Personal Finance podcast if you, like me, are a Podcast fan and would rather listen to a conversation about what I’m all about. Here are the 5 Most Popular articles at The Retirement Manifesto:
- The Ten Commandments of Personal Finance
- No One Has Ever Become Poor By Giving
- 5 Steps To Take Within 5 Years of Retirement
- Semi-Retirement: A True Story, From A Respected Friend
- Top 5 Regrets People Have On Their Deathbeds (& How To Avoid Them)
Tell us about you
- I’ve been a passionate “Personal Finance Hobbyist” since my early 20’s (yes, we took advantage of compounding!)
- My wife and I dream of traveling 6 months per year in a 5th wheel. We’re on track for a launch in the next 12-24 months, after our daughter graduates from college.
- I’ve been blogging for a year, and LOVE it! I’m transparent, and share personal experiences as we plan for retirement.
- I’m a 3rd generation writer (Grandad, Dad, and me), but first blogger in the family (the old guys wrote books!)
Did you grow up with money? Did your parents teach you about money?
My parents were both teachers, and we lived a very average middle class lifestyle. My parents taught me a lot of lessons about managing money, including the foolish reality of materialism and the importance of spending less than you earn. I’ve been saving since my first job at Age 12 (mowing lawns & shoveling snow in Michigan), through my teens (delivering newspapers, working for a landscaper, restaurant work), college summer jobs (in Alaska & Yellowstone!), and into my “corporate career” after graduating from college at Age 22.
I’ve had a successful 31 year career in Corporate America, and look forward to the next phase of life!What is the best money money management or investment tool you have come across?It’s tough to beat a spreadsheet, and I’ve been using them for over 30 years to track our financial progress. I did my first Net Worth statement when I was 26 years old, and have tracked it annually ever since. I also love Personal Capital, and now use it for my Asset Allocation tracking. I’m also a fan of having a “fun money” account where you can blow off steam with stupid trades, and trade options frequently in my TDAmeritrade account.
How do you handle people with different views on money, ie spendy people
I’ve come to realize that the only person you can control is yourself. I don’t criticize others, and realize they’re making their personal choices on how to live their life. I suspect all of the folks driving Porches and living in $1M+ mansions will come to regret it, but it’s their life, their call. For me, I chose to live differently. As Dave Ramsey says, I chose to live like no one else, so later I can live like no one else.
What do you do for exercise?
I’ve been a runner for 20+ years, and wrote about how running inspires me in one of my favorite articles I’ve written: Inspiration. I’ve also started mountain biking now that I’m living a few nights a week in my “City Apartment”. My favorite exercise is swimming, spurred by a childhood in Michigan lakes. I once swam across Lake Zurich (yes, Switzerland), and back!
We notice a lot of frugal people are into board games – what is your favorite?
I’ve always liked card games, one of the best ways to stimulate your mind! Is there anything better than a game of Rook with friends?! My favorite part is talking through the strategy with your partner after a round has been played (man, that drives my wife CRAZY!)
What do you wish people would learn?
We’re responsible for managing our finances, and we must live with the result. Take it seriously. Start early. Read. Learn. Do.
What’s your favorite animal?
As the proud owner of 4 dogs, is there even a question? I love walking the dogs every day at our cabin in the woods. We’ve always been an “animal family”, and had to get rid of our Pygmy Goats as part of our early retirement strategy. Sometimes, life’s about priorities….
Where can we find you?
In addition to my website at The Retirement Manifesto (my main hub), you can find me on Facebook, Twitter,Instagram, and Medium. I’d be honored if you’d have a look at my site, or sign up for emails to get my new articles (1 per week, no spam). Thanks!
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