Why is the RV industry booming and will it continue?

RV Industry

Why is the RV industry booming and will it continue? As an avid RVer myself, I have the privilege of belonging to various RV groups and I have also interviewed various RV insiders in the sales and campground industry. I have found there are several factors driving the growth of the industry. However, I fear the future of RVing will continue but for different reasons. Currently there is a large baby boomer generation retiring and if they where smart and stayed in their retirement accounts in 2008-2012, today those accounts…

This is how you break free

Derek Cobia – The Frugal RVer Today’s post is a guest post from Derek Cobia, founder of The Frugal RVer and a registered investment advisor.Derek graduated from the University of Georgia with a degree in Family Financial Planning. He began his career at a boutique investment firm in the Atlanta area, where he was ultimately responsible for managing combined investment portfolios valued at over $150 million. In early 2016, Derek and his wife Amy sold their house and most of their possessions to live in an RV with their daughter Payson, a toddler at the time. As a result,…

Should I get a student loan?

Student loan

Should I get a student loan?    Student loans have been the hot topic of the last few years, how many of the millennial crowd is straddled with student loans for many years to come and most with very little job prospects in their chosen field.  Paying down tens of thousands of dollars in debt with no real income if daunting and I can’t imagine starting out that far in the hole.  So one has to ask, is this the only way?  Now I write this from an outside prospective…

Would you smoke a million dollars? How to retire rich.

retire rich

Would you smoke a million dollars? How to retire rich.   So I have to start this my saying I am not a smoker and haven’t really ever seen the attraction to it but I have had my vices. My fiancé and I where talking in the car the other day and I busted her chops about how much she used to smoke and jokingly said she could probably be retired by now, which got me thinking.   Let’s do the math…   I know people have done this with…

Here at last — the epic showdown between Dave Ramsey and Robert Kiyosaki!

Here at last — the epic showdown between Dave Ramsey and Robert Kiyosaki!   Okay, maybe that title is a little dramatic. But you’re reading now, so it must have worked. People often ask me which book will best teach them how to eradicate debt and become financially independent. Usually my answer is Rich Dad Poor Dad by Robert Kiyosaki. But I have also read Dave Ramsey’s The Total Money Make Over, and I believe its approach is likewise beneficial. So the question is, which one is best?    Well,…

Planning for the worst hoping for the best

debt free couple

I recently read a disturbing comment posted on a Facebook group that was devoted to debt-free living: “Life happens and we have no control.” The comment illustrates a certain thought process, one we all know exists, one to which you may even subscribe. The member who left it was recounting his hardships, trying to explain why he had fallen into debt and, as a result, had become a worse credit risk than Bernie Madoff. I had to bite my tongue — or rather, refrain from my keyboard. After all, I…

How to get free stock trades….really free!

Free Stock Trades

How to get free stock trades….really free!     When trading with smaller amounts of money usually getting a good return is limited by the cost to enter and exit the position. Even with some of the discount brokers on the market the costs of purchasing and selling a position can range from $10-$20.  This may not be a lot when making 5 figure trades, but this adds up when you’re dealing with smaller purchases.     On a $500 trade, $6 trades in and out equal almost 2.5% of…

My 10 Year Retirement Plan

my 10 year retirement plan

My 10 year retirement plan   If you have been following my blog you know I am a huge fan of real estate as a wealth-building tool and passive income generator. If you haven’t been following me, welcome and I hope you continue and enjoy this post about my 10 year retirement plan. I got interested in real estate at a very early age, working as an intern for the phone company right out of electrical school and was fortunate enough to get partnered up with a guy who was…

Can working out make you rich?

Can working out make you rich?

Can working out make you rich?   I ask myself quite often why fitness buffs aren’t all rich? I know some are but I have a difficult time understanding how someone can be so disciplined in taking care of their body and lack discipline in other parts of their lives. Then it hits me…I have a friend who is about my same age and in amazing shape, he works out regularly, eats right, always keeps himself clean-cut and well dressed, but yet can’t seem to get ahead financially. Now I’m…