Below you'll find a list of all posts that have been categorized as “Personal Finance”
Caitlin and I recently took a week off a week to head to the mountains. We flew in to Denver, spent some time with friends there, and then headed to Breckenridge to ski for a few days. It certainly wasn’t a cheap trip, but I did manage to save a decent amount of money using a few of my favorite …
As many of you know, I live in Houston. While most of the country is celebrating lower prices at the pump, the companies in this town are cutting budgets, lowering forecasts, and worst of all, laying off massive numbers of people. The stories are always heartbreaking and you never want to see somebody lose a job, but I also keep …
I’ve been thinking about Mr. Money Mustache’s recent conversation with Andrew Horowitz and the misconceptions he had about what it means to live frugally. Being frugal doesn’t mean cheap. It doesn’t mean deprivation. It’s not about eliminating everything fun in your life that you enjoy. As MMM says, This is not about being cheap, minimalist, or extreme. It’s about using …
People often ask me how I managed to get through college without any debt or parental assistance, so I thought I’d outline my process here. It’s not an option for everybody but it worked for me. I don’t come from a well off family. I grew up in a household that depending on the year (my dad’s income was pretty …
I have a friend with a CPA, that like me works for a major oil and gas firm. I always knew he was working his side hustle but I didn’t how well he was actually doing. In a few years of hard work, my friend has managed to amass almost $30,000 per year in side earnings! 2,500 per month! That’s massive. …
I work in Houston, which lives and dies by the price of oil and gas. When commodity prices are up, we’re a true boom town, but when they go bad, the whole city can go south quickly. Just in the past week, Schlumberger has announced at least 9,000 layoffs and dozens of other smaller companies are following similar exercises. The …
NPR recently did an interesting article on the relationship between gas prices and the sale of various types of vehicles. That relationship between gas prices and sales is “rather remarkable,” says John Krafcik, president of the website TrueCar. “During months when gas prices are low, less fuel-efficient cars tend to take a greater share of the market and vice versa. …
Financial Goals Max out my 401k with $18,000. I’ve never done this before, but we’re shooting for the full $18,000 this year. There was no real reason not to accomplish this in 2014. It’s not like I wasn’t saving, we hit somewhere around 50%, but some of that was in company stock, some in savings account, some to an IRA. …
We didn’t have any of the major changes this year that we had in 2013. We kept on working on the house, built of the garden, took a nice long vacation to Rio, and enjoyed time with friends. Our savings, which are largely on auto-pilot, kept building. What we got right: Automatic savings –Everything below happens each month without me …
I recently finished Patrick O’Shaughnessy‘s book, Millennial Money. who also has a great blog over at Millennial Invest. I really enjoyed the book. It’s good to hear an investment philosophy specifically geared toward the under 30 crowd. There wasn’t a lot of groundbreaking information, but it was a very solid primer on all the advantages that youth conveys to the …