The Camp Wealth Newsletter Welcome to Edition #36 of the Camp Wealth newsletter! Every other Thursday, I’ll simplify 1 personal finance tip, framework, or skill to help you become work optional. If you want to build tax-free wealth (and who doesn't?) look no further than the Roth account. With the Roth - your money goes in after-tax but grows tax-free and comes out tax-free for "qualified distributions". It's a powerful account. So are Traditional 401(k)s and Traditional IRAs, which are...
7 months ago • 4 min read
The Camp Wealth Newsletter Welcome to Edition #35 of the Camp Wealth newsletter! Every other Thursday, I’ll simplify 1 personal finance tip, framework, or skill to help you become work optional. The book, The Top Five Regrets of the Dying, is a memoir by Bronnie Ware who worked in palliative care spending her time tending to the needs of the dying. She found the #1 regret of the dying to be: “I wish I’d had the courage to live a life true to myself, not the life others expected of me.” Warren...
8 months ago • 4 min read
The Camp Wealth Newsletter Welcome to Edition #34 of the Camp Wealth newsletter! Every other Thursday, I’ll simplify 1 personal finance tip, framework, or skill to help you become work optional. In mid-2021, the book "Die With Zero" came out and with its release, the Financial Independence community would be forever changed. You see, before its release, many of us were aggressively saving our money, living far below our means, and boasting our impressive savings rate (which turns out only...
8 months ago • 4 min read
The Camp Wealth Newsletter Welcome to Edition #33 of the Camp Wealth newsletter! Every other Thursday, I’ll simplify 1 personal finance tip, framework, or skill to help you become work optional. 🌲 Announcement 🌲 Camp Wealth is officially on YouTube! The first video covers everything you need to know about "The Roth IRA". You can check it out here: If you like the video, hit subscribe and let me know what you think! (I've already worked on increasing the audio quality on my newer videos 😬) Now...
9 months ago • 4 min read
The Camp Wealth Newsletter Welcome to Edition #32 of the Camp Wealth newsletter! Every other Thursday, I’ll simplify 1 personal finance tip, framework, or skill to help you become work optional. Today, we are rounding out our discussion on insurance. So far we have covered: Life, disability, and umbrella insurance here. Analyzing health insurance options here. To be honest, I delayed writing about insurance for a long time. It's one of those topics where everyone knows they should spend time...
9 months ago • 5 min read
The Camp Wealth Newsletter 🌲 Welcome to Edition #31 of the Camp Wealth newsletter! Every other Thursday, I’ll simplify 1 personal finance tip, framework, or skill to help you become work optional. I’ve reviewed a lot of health insurance plans. Whether it’s on Marketplace or in your employee handbook, some health insurance options are great and some are.. sad. But one thing is universal: no one understands them. And why would you? You have better things to do and the plans are overcomplicated...
10 months ago • 5 min read
The Camp Wealth Newsletter 🌲 Welcome to Edition #30 of the Camp Wealth newsletter! Every other Thursday, I simplify 1 personal finance tip, framework, or skill to help you become work optional. Everyone loves to talk about getting rich – it’s the exciting part of wealth building. We rush to click on headlines like: How to double your income in 2 years. How this 27-year-old used real estate to retire. The key to launching and growing a successful business from your phone. After all, we build...
11 months ago • 4 min read
The Camp Wealth Newsletter Welcome to Edition #29 of the Camp Wealth newsletter! Every other Thursday, I’ll simplify 1 personal finance tip, framework, or skill you need for financial independence. A few weeks ago I tweeted this and got a lot of positive feedback on it: Rachael Camp, CFP® @camp_wealth I am wealthy if I can: - Live in a HCOL area. - Exercise regularly. - Eat healthy whole foods. - Travel comfortably 3-4x/ year. - Maintain a healthy savings rate for the future. Looking at...
11 months ago • 4 min read
The Camp Wealth Newsletter Welcome to Edition #28 of the Camp Wealth newsletter! Every other Thursday, I’ll simplify 1 personal finance tip, framework, or skill you need for financial independence. Announcement: All Street Academy is re-launching midnight ET tonight. Financial literacy has always been low and recent stats show it's on the decline (paper). We created this course to be the financial education we should have been taught in school. We've gotten great feedback so far: And we want...
12 months ago • 4 min read