Posts filed under: Personal Finance

  • 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......
  • Review of the Ego Power+
This past week has been a bit expensive at The Grounded Engineer household. We purchased some furniture so we can actually use our basement. I also made a fresh purchase – a new, battery-powered lawn mower. In this week’s post, I’ll explain how we use Mint to budget for our new house expenses, and I......
  • how much money should you have by
The Millionaire Next Door is one of the most influential personal finance books I’ve read. This book is written by Thomas J. Stanley and William D. Danko, who wrote the book in 1996. Dr. Stanley conducted interviews with millionaires between 1982 and 1996 to understand the wealth building traits these people possess. The main traits......
  • farmhouse table
My wife and I have been in our house for a little over two months now. We set aside some money for things that we needed in the new house: washer, dryer, and dishwasher to name a few. The appliances in our house we replaced were pretty disgusting.  I could have looked for some deals......
  • financial wellness score
On my blog, I often discuss budgeting, saving and debt elimination. I don’t talk about how to protect you and your family that often, although I’ve written a few posts on life insurance. One popular post aboutlife insurance is my $12,000 money mistake with permanent life insurance. However, I don’t spend much time writing about......
  • budgeting
Our budget continues to be an iterative process. As much as I like stability, there are still expenses I forgot I need to add in our budget to account for and they disrupt my budget! In March, I needed new tires for my car and our car insurance was due. Also, our food budget, which......
  • student debt
Students graduating college in 2016 are averaging just over $37,000 in student debt. The average starting salary for an engineer out of school is just over $62,000 – just over $66,000 for my fellow Electrical Engineers. The starting salary is up quite a bit for Electrical Engineers, about $10,000, from when I graduated college (2010.) In......
  • millennial money minutes
I wrote a post back in February that tackled the question: should I pay off my house or invest? One of my favorite podcasts is Millennial Money Minutes. I shot them a tweet a few weeks back and they answered my question on their podcast last week. I listen to Scott Alan Turner’s podcast every week......