Saving

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Happy 2nd Birthday Summit of Coin!

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Happy 2nd Birthday Summit of Coin!

I recall my journey to launching Summit of Coin. It was December 2014 and I was listening to a podcast. The podcast was an interview of Mr. Money Mustache. This sent me down a journey of reading every article that MMM had written and peaked my interest in writing a blog detailing our journey to financial independence or as I like to call the Financial Summit. Being a teacher, I waited until summer to prep ten articles for the blog and develop the website. After a month of prep, I officially launched this blog on July 13, 2015. 

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Our August Savings Rate

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Our August Savings Rate

One of the best ways to build wealth and reach the financial summit is to have a high savings rate.  As I detailed in an earlier article, our savings rate has continued to increase since last June.  So, I decided to do a monthly article on our savings rate and explain what caused the increase or decrease in the rate.  Our goal is to reach 50% every month, but there have been a few months this year that have not reached 50%.

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How Mr. Money Mustache Helped Me Build My Saving Muscle

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How Mr. Money Mustache Helped Me Build My Saving Muscle

As mentioned in an earlier article, Mr. Money Mustache is a blogger who retired at the age of 30.  He teaches multiple strategies on how to destroy consumerism and grow your ‘stash.  This is my story of how Mr. Money Mustache helped me build my saving muscle.