Last month, The Minimalists did a podcast on debt. That podcast led to a profusion of tweets about the drawbacks of credit scores. In fact, the underlying message–ripped out of Dave Ramsey’s playbook–was that no one should want a credit score. The Minimalists by way of Ramsey tweeted out that a credit score is nothing … [Read more…]
No, this isn’t going to be a post about how I put breakfast and booze in my suitcase to save money. That kind of packing isn’t necessary here. We’re taking Mr. P’s favorite kind of trip where he can eat so much that people marvel at his ability to not throw up: an international all-inclusive … [Read more…]
At the beginning of the summer, I outlined my grand plans to earn extra income this summer. And grand they were. Summer school wraps up today, and I only have two more meetings on the docket. Thanks to all of my school-related side hustling, I’ll have clocked in just shy of $3500 after taxes. That … [Read more…]
Bill Nye once said, “Everyone you will ever meet knows something that you don’t.” And therein lies the danger of the single source. She’s the mouthpiece of personal finance. He’s the only financial expert Americans need. I shudder when I hear people speak about any singular financial figure and his or her theory as prophet … [Read more…]
Is your budget really as smart as you think it is? One of the first things many people do when they are trying to get their financial fitness on is to create a budget. Undeniably, there is a requisite amount of trial and error involved in the first few passes. A budget should meet everyone’s … [Read more…]
Titles of favorite personal finance books are volleyed about all across social media. Books that win favor based on their content as much as their titles, like The 4-Hour Work Week and I Will Teach You to Be Rich. Then, there are the heavyweight financial gurus: Suze Orman, David Bach, and even Dave Ramsey. I … [Read more…]
Letter grades are one of the hallmarks of the American education system. Whether it’s an A or an F or something in between, letter grades define our academic abilities as students for nearly two decades of life. And then what? People still talk about succeeding and fret at the notion of failing. What would happen if … [Read more…]
There’s something about money: It brings out the best, the worst, and the most awkward side of people. Since I’ve dedicated a fair amount of time this summer to side hustling, I’ve had to do some explaining for how I’m spending my time. I get it. A lot of people think teachers have summers off … [Read more…]
Free tickets in Vegas aren’t a thing of the past. You don’t have to know a guy. You also don’t have to be a high roller or a big spender. In fact, a clever combination of My Vegas Rewards and Groupon allowed Mr. P and I the opportunity to take in a show and spend … [Read more…]
Since this is a post on investments, let’s get the platitudes out of the way: You’re in it for the long-haul. Look at the market’s performance over time. It’s just a bump in the road. That many Bogleheads can’t be wrong. This also isn’t going to be a post about how my dividends are now … [Read more…]