All Posts

Don’t be old and broke

Getting old sucksBeing old and broke is worseInvest your money Ever since I started saving and…
Good news everyone /s

Well, good for some of you Fannie Mae has removed its minimum credit requirement from desktop…
This govt shutdown proves nothing is totally safe

This government shutdown is the longest in US history and millions of workers are now on…
I may lose my job

Today there was a sudden, all hands on deck Teams meeting (that’s like corporate Zoom) with…
Should I repair my old car or buy a new one?

My 2007 Corolla has 261,000 miles and is going on 18 years. In the last year,…
Cash Isn’t the Enemy – How to Make It Work for You

Having access to cash is essential. Almost everyone needs an emergency fund, and most financial advisors…
Don’t forget the pressure

I’ve always been frugal due to the pressure of poverty and uncertainty about the future –…
Donating is good for your wealth

Today is Giving Tuesday, a day where people around the world give generously to transform their…
Gratitude

It’s Thanksgiving and a big theme this time of year is being thankful for the things…
Why I invest in index funds and which ones I use

A recent study tested whether knowing future economic news could help traders make money. They set…
Buy and hold, never sell

Most investors believe in selling at some point. Whether it’s the day trader who buys 1,000…
Whole Life Insurance is Trash

What a title huh? I bet it got some people’s attention. I’ll explain: Whole life insurance,…
If you want to make it happen, do it first

Today was leg day at the gym for me. I knew that if I cranked out…
What’s the difference between a mutual fund and an ETF?

I thought of a good analogy to explain mutual funds vs ETFs, tell me what you…
Investing for your children’s future

You may already know how powerful compounding can be and you may have wished you started…
If you want to be a millionaire, stop spending like one

I’m a millionaire and I still live like I’m broke. My house is a 1 bedroom…
When in doubt, zoom out

This is the S&P 500 over the past 5 years. You see that little dip around…
19 Tips for a Wealthy Life

These tips are general advice but remember that personal finance is not a one-size-fits-all endeavor. Your…
Quotes and Wisdom

The following is an ever-growing list of money quotes I find useful, wise, or interesting
How I Stayed Invested Through the 2022 Crash

In January 2021, I became a millionaire. It was a bull market, everything was going up,…
Rule of 72

Did you know that if you have $100k invested by age 35, you’ll retire a millionaire…
Advice for military folks

Live as cheaply as you can, ignore what your peers are doing in terms of cars,…
Who wants to be a millionaire

I discovered FIRE (financial independence retire early) back in 2011 thanks to Mr Money Mustache, a…
Money gives you the freedom to stand up for yourself

I’m usually an anxious person and don’t like arguing or conflict, so I’m scared of fighting…
How I would invest in each stage of life

Again, the obligatory disclaimer that I am not an investment adviser, and anything you do with…
Can you afford to speculate?

Your buddy just told you about a hot stock that can’t lose and will make you…
How I went from Zero to $1 Million in 11 years

In January 2021, at age 36, I became a millionaire. My net worth crested the mythical…
Tesla, pt 2

2020 has been a crazy year. I won’t go into all the weirdness that has been…
True wealth

How much money do you need to be truly happy? Some people may give you a…
Financial independence through deferred gratification

(Originally published in Sep 2017) I went to the USS Midway museum with my wife yesterday.…
Interest – the rowboat analogy

Let’s imagine you’re in a rowboat on a lake. It’s flat calm water, and no wind…
Keys to success

This semester I’ve been taking a speech class, and all of my speeches have revolved around…
Entrepreneurship

I know a few people who share my zeal for money. Some, however, don’t have the…
Day trading is key to wealth

Today, I’d like to share with you the true secret to creating wealth, and that is…
Tesla Motors

About a week ago, I finished buying 50 shares of Tesla Motors, a plan I’ve had…
‘Fuck You’ money

Is your boss a jerk? Do you hate your job? Legal troubles? Medical issues? Creditors? …
Life insurance

I’ve previously talked about the different kinds of life insurance and how term is best for most people.…
Successful investing

Recently, the stock market took a pretty big dive. Plenty of people thought this was The…
The wisdom (and foolishness) of crowds

In 1906, a British smart guy named Francis Galton attended a fair and there was a contest where…
Credit scores

A few years ago, before I really got into finance, I was in line at a…
The lottery

In 2002, a man named Jack Whittaker won over $300 million in the lottery. He was already a…
Rappers and wealth

I was at a bar in Temecula last night with a couple of friends from work,…
Traditional or Roth retirement accounts?

If you work for a company, chances are they offer a 401(k) retirement plan. Some companies…
How to get out of credit card debt

Congratulations. You’re probably reading this because you realized you had an issue with debt and googled…
Don’t panic

The stock market has taken a precipitous dive in the last few days, which leaves many…
Thrift Savings Plan

If you’re in the military (or in some other kind of government service), you will undoubtedly…
Index Funds

I try to keep an open mind in life; basically, as the facts change, my opinion…
Student Loans

Did you know that student loans are one of very few kinds of debt that can’t…
Credit cards

Credit cards. They’re portable, they’re accepted almost everywhere, and you’re less likely to get robbed on…
My financial philosophy

Not to toot my own horn or anything, but I’m pretty good with money. Whenever I…