• 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......
  • active fund managers
I read an article on CNBC  that discussed how Warren Buffet dedicated four pages of his 29-page annual report criticizing active fund managers. Buffet’s reasoning for slamming active fund managers is due to the high fees these folks charge. The fees are often 1% or more of the funds they manage. At one point, Buffet compared these......
  • 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......
  • permanent life insurance
I still remember the day I took out my permanent life insurance policy (sometimes referred to as a whole life policy.) I was a junior in college and a friend of mine provided my name to his buddy who was a sales agent at one of the large insurance companies. Being the money moron I was......
  • health savings account
**This post is updated from a previous post for 2017 IRS limits** What is a health savings account (HSA)? A health savings account is a tax-exempt account to pay or reimburse certain medical expenses. I contribute to a health savings account because my employer only offers a high-deductible-health plan (HDHP), and this plan offers significant......
I finally realized that I am a millennial. At 29, I thought I was too old to be considered a millennial. It was only a few years ago that I heard the term millennial. Over the last few years, I’ve heard the question, “Do  Millennials work hard?” I did some research, and I found a......
  • early retirement
Today’s post will review some information I learned from the personal finance community regarding early retirement. Many folks use the acronym financial independence retire early (FIRE). How early are some of these folks planning to retire? I’ll share a few stories of bloggers I enjoy following, and then I will share if FIRE is possible. Finally,......
  • pay off my house
At the start of the year, I set goals for my blog in 2017. If you didn’t get a chance to read my post you can read it here. Before I provide a recap of my original goals, I want to share a new goal I set – pay off my house in 8 years.......
  • Living paycheck to paycheck
Living paycheck to paycheck is a term I hear often within the personal finance community. There are some different definitions out there for what this truly means, but I struggle to fully comprehend what it means to NOT live paycheck to paycheck (P2P). Does it mean that if you missed one month’s salary and you......
  • Smart Investor
I recently completed the book The Smartest Investment Book You’ll Ever Read: The Proven Way to Beat the “Pros” and Take Control of Your Financial Future by Daniel R. Solin. This book was recommended by Scott Alan Turner. Many of the concepts in Scott’s book, 99 Minute Millionaire, were similar to the concepts discussed in Solin’s......