I spend a great deal to time on YouTube and other sites seeking to improve my knowledge or skills especially when it comes to personal finance so it was a surprise when YouTube recommended the video below from Living Lchaim entitled, “How Jews View Money Differently Than Everyone Else” This is a long video but…
Category: Financial Odyssey
Personal Finance Is A Like A Career Ladder
There is a war brewing between Dave Ramsey (boomer) and millenials according to this article in the Wall Street Journal (sorry pay walled). Essentially, many people under 40 think Ramsey’s advise is too overly simplistic or not applicable to their situation. The thing to remember however is that personal finance is an upward educational journey…
How I’m Investing My Buckets of Money: Tax FREE Bucket
This is part 3 of my buckets of money and how I plan on investing the funds in them. Although the funds are already invested, it’s become clear that I need to re-think how I’m investing funds in each account. Tax FREE Bucket My third bucket is the “tax FREE” bucket. This is a bucket…
How I’m Investing My Buckets of Money: Tax Deferred Bucket
Part 1 here was all about investing my Taxable bucket. This is part 2 of my buckets of money and how I plan on investing the funds in them. My Tax Deferred Bucket, although the funds are already invested, it’s become clear that I need to re-think how I’m investing funds in this account. Tax…
How I’m Investing My Buckets of Money: Taxable Bucket
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…
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…