Good morning, money nerds! I recently came across an old quiz from a post called 20 Money Questions to Ask Your Significant Other. These 20 questions are designed to bring couples financially closer together by understanding each other’s past, present, and future thoughts around money. It’s not just for new couples. Even though my wife and I have been together for 10+
Family Finance
We Buried Treasure in the Australian Outback 7 Years Ago
Happy Friday, everyone! Today’s story isn’t really about personal finance ... But, it does involve finding hidden treasure! 💎👑💍!! And it could also be a cheap-ish adventure of a lifetime that you can plan for your kids! (Or in my case -- future kids!) The story starts about 30 years ago, back when my friend was ~10 years old… The Backstory ... My
There’s no such thing as a free cruise… Or is there?
About 10 years ago, my wife ran into the room and yelled, “Babe! I won a free cruise! All we need to do is take a phone survey and we get to go on a free cruise!” Bless my wife. She’s gullible. It’s one of her many adorable qualities (and also probably the reason she married a fool like me.) I hated to burst her bubble, but I said something like … “There’s no such thing
10 Financial Statistics of the Average American
Good morning, money nerds! Today I thought we could play a little game called “How do your finances compare to the average American’s?” Below I’ve gathered 10 money statistics about the average U.S. household’s finances. And while this data has no actual effect on your personal situation or trajectory, it’s still fun to see how you stack up. I’ve also showed my own
How I Went Mining and Made My Wife’s Unique Engagement Ring (The Best $1,390 I’ve Ever Spent)
Inside: See how one guy used a bit of creativity and elbow grease to create a one-of-a-kind Montana sapphire engagement ring. Last year we did a post about engagement rings and held a few competitions for the cheapest ring, the most expensive, the oldest ring, and funny marriage proposal stories! (winners were announced here) I also promised to share the story about my
Would You Accept a Car as a Gift? Asking for a Friend …
Hypothetically, let’s say you know a guy who owns a 2010 Prius. The car is mechanically reliable, fully paid off, and lightly used. Then one day, this hypothetical guy gets a phone call from his wife’s parents ... They want to buy him and their daughter a new car, free and clear, as a gift. This gift car would be larger than the Prius, have more modern and awesome features,
The “Great Wealth Transfer” Has Begun …
This article is about The Great Wealth Transfer. But before we get to that, a quick hypothetical question to help me explain why this is so important ... What would happen if you took all the money in the world and split it up evenly across all the people in the world? Let’s say there’s $360 trillion in ‘wealth’ floating around the world right now, and we divided it up
6 Ways My Parents Taught Me Financial Independence
Want to teach your kids financial independence? Here's how mine did! “Hey Mum, this is my friend Daniel from school.” “Nice to meet you, Daniel, and welcome to our home! Joel, do you want to wash the dishes, hang the laundry, or vacuum the house?” “Ah, Mum... Daniel came over to play. Can I pleeeeease skip my chores today?” “Nope. If you live in this house, you must do
Investing With Family … the Good, the Bad, the Meh
Are any of you guys investing with family members or co-owning any assets with siblings? Like partnering on rental properties, businesses, and joint estates or lending them money? I’m not talking about your spouse or significant other … I mean investing with siblings, aunties and uncles, your parents or kids. I’m curious to hear your experiences and if you recommend it as a
Getting my wife on board with the FIRE lifestyle
[Happy Friday! Please enjoy more backstory on our man Joel who will be taking over the blog here shortly! See you back on Monday for one last week of hanging out together! :)] ******* It’s a common question in the personal finance community … “How can I get my partner on board with Financial Independence?” Tough to answer, because everyone’s relationship is a little
