Posts filed under: Personal Finance

  • giving thanks
I love Thanksgiving week. Growing up as a kid, Thanksgiving week was a short week in school because we got two days off. Thanksgiving week reminds me of spending time with my grandpa, dad, and uncles going deer hunting. Sitting in a deer stand when it is -15 degrees for 8 plus hours may not sound......
  • emergency fund
One question that is often on my mind is: how much should you keep in an emergency fund? I’ve fielded this question from a few friends that know I am engulfed in the personal finance space. My wife and I also debate how much our family should keep in our emergency fund. But where should......
  • Equifax Data Breach
Last weekend, I was doing my normal Sunday routine. I got up early with my daughter and we played for a bit. Then, I made some coffee and breakfast. We had some friends that had stayed overnight and as we were cleaning up breakfast my phone started to buzz. I had missed a call and......
  • interest rates
My family recently moved out of our townhome and into a single-family home back in January. About a month ago, I was spammed with an advertisement on a website I was perusing. The ad read something about lower interest rates. Back in January, the interest rates were good, but not extremely low like they were......
Last week, I wrote about one strategy for accessing the funds in your retirement accounts early. This strategy is called a Roth Conversion Latter. The Roth Conversion Latter involves converting money from your Traditional IRA to your Roth IRA. In this week’s post, I tackle a second method that enables you to pull money from......
  • roth conversion ladder
Admittedly, I’ve been complacent writing blog posts. I had a work trip and then a friends 30th birthday that consumed my last couple of weekends. But, I plan to get back in my normal routine of weekly posts and attempting to get ahead on writing. A huge shout out to some of my readers that asked......
  • simplest budgeting method
My wife follows Jordan Page, who is a blogger and YouTuber. She has this unique idea for budgeting that my wife and I are about to begin our third week trying. Jordan calls this budgeting method the Simplest Budgeting Method Ever. An Overview of the Budget… Here is how the concept of Jordan’s simplest budgeting......
  • bull market
The market has been a bull market for the better part of seven years. I used this cool calculator to show that the annualized return for the S&P 500 is almost 11% from 2009 through present day. Even crazier, if you reinvested the dividend returns, the annualized return is over 13%! Wow… That is an incredible......
  • traditional 401(k) or roth 401(k)
One of my good buddies came over this weekend and he recently got a new job. He is contributing to his company’s 401(k) plan – which is excellent! He met with a few folks from HR to figure out whether a traditional 401(k) or Roth 401(k) would be best. The folks that he met with......
  • financial independence
If you could quit your job today and pursue one or more of your passions, would you? Is it really possible to quit your “real” job in your 30’s or 40’s? Imagine how much of the world you could see if you weren’t saddled to your desk working that 9 to 5. On a whim,......