All Thoughts on Investing

All awesome posts on Investing: IRAs, 401k, retirement, stocks, SEP, ROTHs, you name it.

PS: Your life doesn’t magically change when you retire!

May 14, 2019
Thumbnail image for PS: Your life doesn’t magically change when you retire!

Good morning! So USAA hit me up the other day asking if I’d like to partner with them on their #LifeUninterrupted campaign, and after reading the inspiration behind it I was sold on the spot: “For most people, retirement isn’t about luxury cruises and trips around the world. It’s about making sure their life can go on as normal once they retire. It’s continuing to […]

12 comments [Check out the full article]

Jimmy’s History of Personal Finance

May 8, 2019
Thumbnail image for Jimmy’s History of Personal Finance

[What up what up! Been getting a TON of response from our post the other day on the history of our net worth, so thought we’d continue the fun and share another person’s financial background today ;) Can never see too many numbers about money, am I right?! Take it away, Jimmy…] ****** Inspired by J. Money’s recent, “How we grew our net worth to […]

14 comments [Check out the full article]

*How* we grew our net worth to $900k

May 6, 2019
Thumbnail image for *How* we grew our net worth to $900k

It dawned on me the other day that unless you’ve been reading the blog for a while, you probably haven’t a clue *how* we’ve grown our net worth to where it is today. Outside of the boring incremental gains/saving at least ;) So today I thought I’d share a quick background on how we got to where we are now for anyone new to the […]

44 comments [Check out the full article]

Our decision on the 15 vs 30 year mortgage debate!

April 25, 2019
Thumbnail image for Our decision on the 15 vs 30 year mortgage debate!

Whelp, after weeks of going back and forth on this one we’ve finally come to a conclusion! And much to my surprise, we’re going with the 30 year mortgage!! Didn’t see that one coming! Haha… But after pouring over hundreds of comments and finally having “the talk” with the wife, it just seemed to make the most sense at the end while giving us the […]

28 comments [Check out the full article]

Using Rental Properties to Pay For Your Kid’s College?

April 24, 2019
Thumbnail image for Using Rental Properties to Pay For Your Kid’s College?

Here’s a fun (?) idea for all you real estate investors out there ;) From a friend of the blog after hearing about my 15 vs 30 mortgage conundrum, which I’ll be updating y’all on shortly… Hey J., Have you heard of the concept of using rental properties to pay for your kid’s college? Brandon Turner on BiggerPockets talks about it quite a bit. It’s […]

40 comments [Check out the full article]

35 excellent money quotes you’ve never heard of before

April 12, 2019
Thumbnail image for 35 excellent money quotes you’ve never heard of before

I was going to paste up a bunch of the most popular money quotes here today, but then figured it might be more fun to share some of the more obscure ones :) And I know many of these are obscure because I’ve plucked them mainly from rappers and finance bloggers!! Haha… So please to enjoy, 35 new one-liners you can add to your motivational […]

32 comments [Check out the full article]

How To Never Retire

April 11, 2019
Thumbnail image for How To Never Retire

A reader passed this over to me yesterday and thought it was pretty good :) (Thanks Richard!) “A 20-Step Guide to a Horrible Retirement” via MarketWatch Would have made for an excellent April Fool’s post had I seen it earlier! Haha… Here are my favorites from the list: Keep thinking retirement is so far in the future that there’s no need to act now Bank […]

15 comments [Check out the full article]

New Book (and Giveaway): “Broke Millennial Takes on Investing” by Erin Lowry

April 9, 2019
Thumbnail image for New Book (and Giveaway): “Broke Millennial Takes on Investing” by Erin Lowry

Morning!! Another new $$$ book from our community hits the shelves today! “Broke Millennial Takes On Investing: A Beginner’s Guide to Leveling Up Your Money” The 2nd book out now from Broke Millennial who started out as a financial blogger and now securing her place in the author world too :) (And probably not nearly as broke anymore – hah!) Summary and giveaway details as […]

81 comments [Check out the full article]

12 Excellent Money Hacks For Ya

April 4, 2019
Thumbnail image for 12 Excellent Money Hacks For Ya

My database of tips is filling up again, so time to pour them out! Here are a bunch of notes people have shot me in recent months to better help them speed up their savings or stay motivated… Maybe something here will spark joy in your wallets too? ;) ****** The Scoring System Hack My focus this year has been to really pay attention to […]

16 comments [Check out the full article]

Net Worth Report #134: $886,776.74 [+$8,778.54]

April 1, 2019
Thumbnail image for Net Worth Report #134: $886,776.74 [+$8,778.54]

Happy Fool’s day!! Except for all of us who pay attention to our money! (HEYO!) Saw these stats come out from Experian, and while it looks like an epic prank it’s anything but: As of the the last quarter of 2018, consumer debt now totals a whopping $13.3 trillion With credit card debt coming in at $834 billion Mortgage debt totaling $9.4 trillion Personal loan […]

49 comments [Check out the full article]

More mental accounting forms: the “endowment effect” and “nudge theory”

March 28, 2019
Thumbnail image for More mental accounting forms: the “endowment effect” and “nudge theory”

So I found out there’s a term for what we were talking about the other day on treating your money differently depending on how you get it! It’s called “mental accounting” and apparently is a pretty popular thing, based on work by Nobel Prize recipient, Richard Thaler :) Here’s a description of it from Investopedia: Mental accounting refers to the tendency people have to separate […]

21 comments [Check out the full article]

Do you treat your money differently depending on *how* you get it?

March 25, 2019
Thumbnail image for Do you treat your money differently depending on *how* you get it?

Was thinking about the way I spend my money, and noticed how drastically I treat it depending on *how* exactly I come across it ;) For example: Money I get as gifts: Time to spend away!! And almost always towards *wants* vs needs and those things I’d never go out and buy for myself but deep down really want, haha… So basically – the best […]

38 comments [Check out the full article]

80 Years of Financial Hindsight

March 15, 2019
Thumbnail image for 80 Years of Financial Hindsight

Hey guys! Got an interesting note from a reader of this blog who sent the following in the subject line: “A middle of the night thought.” Of course I had to open it up to see what it was about :) “Wondered if you would like a little article written by an old fart (80) about his thoughts and concerns and what he would have […]

99 comments [Check out the full article]

What are you doing with your tax refunds?

March 14, 2019
Thumbnail image for What are you doing with your tax refunds?

Saw this list come out on the best ways to use your refund money, and thought I’d use it as an opportunity to live vicariously through you guys since I’m getting squat this year ;) Though by no design of my own as I LOVE getting a nice chunk back every year and thinking about all the ways to power your goals! Even if it’s […]

93 comments [Check out the full article]