Portland, Oregon-based Flannel Guy ROI is a working dude and family man that likes flannel shirts and wants to achieve financial independence a little sooner than most, particularly by making smart spending decisions and living intentionally.
His overall idea is to look at spending decisions as investments: what decisions will return the most value to you over time?
Each scenario is evaluated over a 10-year horizon with the following summary statistics:
Present value – what is the total value of your investment and expected returns in today’s dollars? Return on investment (ROI) – how much of your original investment will you make back? Payback period – how long will it take you to recoup your original investment?