I have separated my money into three buckets as I wrote about here and after some research, I’m coming close to determining the best way to invest the money in these buckets. Keep in mind that the money in all of these buckets is already invested but after doing some serious planning for retirement, I’ve…
Category: Financial Odyssey
Martial Bliss = Separate Checking Accounts
My wife and I were watching Sense & Sensibility on TV over the weekend and there is a scene where the Dashwood ladies are having their hearts broken, I kinda laughed and my wife turned to me and asked me if I ever had my heart broken and I turned to her, looked her in…
Father To Son Financial Lessons, Often Ignored
When I became a teenager and received my first driver’s license my father gave me a few pieces of advice about safety and driving, etc. Of course, as a teenager that “knew” everything I rolled my eyes. One additional piece of advice my father gave, which also caused me to roll my eyes, was to…
Economic Prosperity By State
In a recent post, I suggested that if anyone is not happy with their current personal finance situation they should consider moving to a new city, state or country. I decided to dig a little deeper into this topic and came up with some interesting facts. GPD by State The first thing I did was…
Struggling Financially? Try Changing City/State/Country!
Over the past five years, I have lived in 3 different states. I moved because I was offered higher pay and better opportunities to grow my career. My higher pay and career growth would not have happened if I hadn’t moved. How To Choose The Right State The Bureau of Economic Analysis publishes excellent information…
Not Getting Paid Enough? Consider A Career Change!
It seems everyone I speak to these days is struggling in some way and often it is with either money or health. To address the money issue, I’ve been doing some research on behalf of some young struggling individuals. My first stop was the Bureau of Labor Statistics that offers projections for what future job…
Want Personalized Financial Advice? Learn!
There isn’t a week that goes by that someone asks for personal financial advice. The problem with giving personal financial advice is that in order to give truly useful advice you need to know a whole lot about the person. This week someone asked me how I became so wealthy and what they could do…
What’s The Best State To Retire In?
I have been thinking about that question for quite some time. It’s not an easy question to answer because there are so many variables and everyone has different priorities. I know some people that love being near National Parks so they move to states that have them. Others I know love being in large metro…
How Much Is Enough?
A friend recently asked me if I had enough money to retire right now if I wanted. The only answer I could give her was it depends. Our household has enough money to theoretically never starve or be homeless. I live in a house that is paid off but it has operating costs of $1400/month…
2024 Financial New Year’s Resolution
It’s 2024 and I’ve been thinking about my New Year’s financial resolutions and over time I’ve learned that the key to successful resolutions is to keep it simple and achievable so here are mine: 1. Max 401k As I creep closer and closer to retirement, I worry that I haven’t saved enough so for 2024,…