Money Management

“How I Grew My Net Worth to $300,000 in My 20s” – The Financial History of The Money Wizard

May 15, 2019
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Morning guys! Got another financial history report to share today! This time from fellow reader-turned-blogger, The Money Wizard, who tells us how he’s amassed $300,000+ before he’s even turned 30. Or put another way, about 4.4x my own net worth of $68,061.80 at his age! Haha… So he def. knows what he’s talking about over there :) Hope it inspires you in some small way […]

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Jimmy’s History of Personal Finance

May 8, 2019
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[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 […]

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“Why don’t we celebrate the things we DON’T have?”

May 7, 2019
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Got this excellent note from a friend, and had to share it today as a reminder that the journey to freedom is as much about the things you *don’t* do as it is the things you *do*. It might not be as sexy, but it’s still a huge part of the process! From David Damron: Random Thought: Why don’t we celebrate the things we DON’T […]

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

May 6, 2019
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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 […]

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6 Ways to Avoid The Diderot Effect

April 22, 2019
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A friend of mine passed me this article on Denis Diderot who I could have sworn we’ve blogged about before, but a quick search told me we hadn’t so I had to make sure we fixed that STAT :) Here’s the article I was passed, by one of my favorite writers online – James Clear: The Diderot Effect: Why We Want Things We Don’t Need […]

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How To Never Retire

April 11, 2019
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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 […]

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Are you an asset or a liability to your state?! ;)

April 8, 2019
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Morning! Who’s up for some early morning stats?! :) A report just came out by WalletHub on the most financially literate – and least financially literate – states, and I was proud to see two of those I’ve called home over recent years land in the top 6. How about yours? The Most Financially Literate States: Virginia <— Aww yeahh! Utah New Hampshire New Jersey […]

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How far have you come since 2012?!

April 5, 2019
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Goooood Fridayyyyy! Had a fun comment posted on the blog this morning and it shot me down memory lane… Yo J Money. I’m a certified registered nurse anesthetist (CRNA or Nurse Anesthetist). And I have to say IT’S THE BEST JOB I EVER HAD. I’m in the business to better lives and occasionally save a life so the work can be somewhat stressful at times. […]

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12 Excellent Money Hacks For Ya

April 4, 2019
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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 […]

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An idiot’s guide to money: Stop being broke, start building wealth

April 2, 2019
idiots guide to money

Morning, friends!! Hope your $$$’s going well so far this week! Got an interesting email/ebook to share with you that’ll hopefully get it on track if it’s been acting up :) It’s called “An idiot’s guide to money: Stop being broke, start building wealth,” and a link to download it (for free) can be found below… (it’s from a normal person just like you and […]

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

March 28, 2019
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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 […]

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

March 25, 2019
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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 […]

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When luxuries become necessities

March 18, 2019
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Morning, guys! So I’ve started subscribing to some new newsletters lately to better expand the ol’ mind, and this last one I read by David Perell (who I very much recommend, btw) featured a great clip that I can’t stop marinating on: “One of history’s few iron laws is that luxuries tend to become necessities and to spawn new obligations. Once people get used to a […]

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What are you doing with your tax refunds?

March 14, 2019
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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 […]

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