Micro and Macro MoneyMilestones: How to Map Building Blocks to Financial Health

We break our goals and tactics to build wealth into 2 categories.

Micro-Money Milestones

There are our day to day and up to month to month practices that help us reach out goals. These milestones are the tactics we will use to reach our Macro-Milestones. Some examples of these include:

1. Keep Monthly Grocery Spend under Budget. This means a lot of thoughtful grocery trips and meal planning.

2. Limit of 1 Impulse Purchase under $15 per week per person. This includes Dunkin’ runs when we are too lazy to make coffee ourselves.

Macro-Money Milestones

These are the Milestones that we have set as goals. They are not going to happen by skipping that Cappuccino pickup or cancelling that random subscription program. These are only attainable through consistency in sticking to all of our Micro-Milestones. They are a little less fluid and we really only revisit them once or twice a year, or when a life situation changes. Our current Macro-Money Milestones include:

1. Replace 25% of Monthly Expenses with non-earned(passive) income

2. Reach Lean FI/RE

   • This one recently was upgraded after we reached Coast FI/RE earlier this year!

3. Create a 4th Income Stream

   • This one was recently upgraded after we purchased a new home and successfully rented out our old home

   • As of now our income streams include: Earned Income through our day-jobs, Dividend Income through Investments, Real Estate Income from Long Term Renters

   • Our target for a 4th stream is through an additional income property or maybe even this site from Ad Revenue!