In the previous Feed and Fire post, we discussed how making a budget can increase your household profit margin. In this post, we will go into detail about how to start budgeting and how to measure success in 4 easy steps. So, let’s get started! Step 1: Review Set aside 1-2 h to look back…
Tag: budget
Using a budget to grow wealth
Increasing household net income Think of your household as a for-profit entity. Now, try to consider what that entity’s income statement might look like. You can calculate your “net income” during any given time period by finding the difference between revenues (i.e., the income you generate by selling your labor to your employer) and expenses…
Welcome to Feed and FIRE
Welcome Feed and FIRE! My name is Jace. I am so happy that you have found my page. Hopefully, you’re inspired to eat in more, save more money, and take control of your family’s journey toward Financial Independence. We are a dual physician family that eats in 5-7 days a week. Cooking at home has…