• 2017 mid-year goal
I hope everyone enjoyed Father’s Day. It was my first Father’s Day with my little girl and it was a great day. My wife made chocolate chip pancakes and bacon for me – it was fantastic. I started making a baby gate, spent some quality time with my daughter and wife, and cooked everyone dinner.......
  • retirement investing
Today I have a guest post from a fellow engineer, Mr. Need2Save. Mr. Need2Save, along with his wife, Mrs. Need2Save, write excellent articles on personal finance topics over at Need2Save.com. The Need2Save family is exceptional when it comes to saving, and four years ago they jumped on the early retirement train. Their journey toward early......
  • seven factors millionaires possess
Thomas J. Stanley and William D. Danko wrote the book The Millionaire Next Door in 1996. Dr. Stanley conducted interviews with millionaires between 1982 and 1996 to understand the wealth building traits these people possess: discipline, sacrifice, and hard work. Ultimately, Stanley and Danko developed the seven factors millionaires possess. If you haven’t read this book,......
  • Solo 401(k)
Happy Memorial Day, everyone! A special thank you to all of the veterans out there – I greatly appreciate what you do for our country. Today’s post is relatively short and sweet. I touch on the importance of an employer match in your 401(k). The second item I cover is the solo 401(k) and how......
  • health savings accounts
Whether you’re a fan of the new American Health Care Act (AHCA) or not, there is one valuable benefit in the new AHCA plan. The valuable benefit is increased contributions into a Health Savings Accounts. The contribution limits for Health Savings Accounts (HSA) are set to increase significantly for individuals and families. Below, the table......
  • ramsey's baby steps
My first avenue into the personal finance realm was a discussion with my Aunt. I forget exactly how the conversation went, but she was and still is a fan of Dave Ramsey. She spoke about his book and she eventually began teaching his course: Financial Peace University.  After our initial conversation about Dave Ramsey, I......
  • flooded basement
This past week was a bit stressful in the Grounded Engineer household. Mrs. Grounded Engineer called me at 3:00 pm on Monday afternoon to inform me we had water in our basement. Yep – I had a flooded basement. This post is a little off the normal personal finance realm, but I thought I would......
  • 5 Deadly mistakes to avoid when you want to get out of debt
Today I have a guest post from Patricia Sanders. Author bio: Patricia Sanders is a content contributor at Debt Consolidation Care Community. Playing with words is her passion and reading books to acquire knowledge is her first love. Her articles is a beautiful union of her love and passion. You can find her articles at......
  • you can become a millionaire with an average salary
Is it possible to become a millionaire with an average salary? The answer is yes, but the key to the answer is to leverage compound interest. CNN had an interesting article addressing the question: can you become a millionaire on an average salary? 37% of American’s think they will need $1 million to retire safely. It is......
  • Signs of a promising long-term growth stock
Today I have a guest post from Troy over at MarketHistory.org. Troy blogs about his thoughts on the stock market and investing. He uses the stock market history to rationally predict what the stock market will do in the future. Although my philosophy for investing is to use the keep it simple stupid (KISS) method,......