Ok, I know that the headline is a wee bit of click-bait, but try and forgive me for that …. Here at Marco Polo Money we are about saving money and doing our best at maximizing those savings. This is through both putting more money in the bank and retirement accounts as well as through not spending as much. This also can include searching for those great deals on pretty much anything, but especially on those big ticket items.
Now I have to admit, although we are generally good at avoiding luxury purchases (we are still driving our 2003 Ford Focus Wagon, and will continue to until it rusts out), I have a particular weakness for technology. This isn’t so much in the realm of smartphones and the like (though I don’t avoid them these days as I have in the past), but more-so in the audio-visual world of high fidelity audio and high definition television. I have a specific attraction to quality headphones, which avoid the high expense of hi-fi speakers, and the sound quality can often come close. I will discuss my fascination with quality headphones and all the related gear in a future post.
Now you may be thinking, what does this all have to do with saving $2000 on a 4K HDTV? Continue below to find out more…..
In the world of personal finance, you’ve got to start somewhere. I think we all hit a point where we say to ourselves, “Enough is enough! I am exhausted with trying to keep my head above water with all these bills, credit cards, loans, etc. ….. How can I get out of this mess???”
It is simple really. But simple does not mean easy.
SAVINGS= INCOME- EXPENSES. That’s it. The end. Period. Pretty simple isn’t it? And once savings is achieved, that money can be used in ways that will allow it to compound and grow, which then leads to Financial Independence, Early Retirement (if that is what you want to do), travel, and Freedom!!! Then why is it SO difficult to do?
Welcome to Marco Polo Money. On this blog, we will explore all different aspects of Financial Independence (“FI”) , living internationally, non-geographic specific income making, passive income, anything that comes our way really!
But first a little about me. I grew up primarily in Winnipeg, Manitoba, Canada. I also have lived in Vancouver, Fort McMurray, Toronto, and Montreal. Although I had lived in many of the large cities in Canada, it wasn’t until I finished my Bachelor of Arts in Asian Studies that my eyes were really opened. I was lucky enough to apply for and get a scholarship to study Chinese in Taiwan – this was when my mind was really opened about the possibilities of living overseas and loving it.