Literally a little over a month ago, I wrote a post titled, “Banking Diversification & Frozen Funds” warning of the dangers of putting all your “eggs in one basket” and this week we’ve had total chaos with airlines, banks, hospitals and just about any thing else that runs on a computer because of too much…
Category: Risk Management
Zepbound: My Health Journey – June Edition
I’ve gone backwards with Zepbound. I had to travel two weeks for work and while I still took my Zepbound, I was in business meeting that often ended with a business dinner at some fancy restaurant. While I mostly ate salads and refrained from any alcohol, I still managed to gain about 4 pounds during…
Flood Insurance Double The Cost
We got our flood insurance bill this week and the cost doubled from around $500 last year to $900 this year. It is important to note that we have never filed a flood insurance claim. Actually we haven’t filed any kind of claim in the 30 years we’ve owned our current home. Our home owners…
Banking Diversification & Frozen Funds
If there is ONE single piece of personal financial advice I give to people, it is to never ever keep all your money in one place. I know it’s a hassle to to manage multiple bank accounts but the consequences of keeping all your money in one bank account are too dire and brutal. Yotta…
Are You Ready? $512 Billion In Unrealized Losses!
Back in September of 2023, I wrote a post titled, “How To Prepare for a Recession” and it may have been very timely because it’s entirely possible by September of this year we will be in a recession. I followed up that post with another one a couple of weeks after titled, “It Feels Like…
ZepBound: My Health Journey May Edition
I’ve been reading about how these GLP-1 drugs change people’s personality and I have been thinking about that a great deal because to some extent my personality has changed. But before we get to that I want to tell you that while taking this medicine has been great, hunting for it has not. Express Scripts…
Climate Change & Personal Finance: Hoax or Harbinger?
It’s an election cycle year so I’m seeing all sorts of the usual debates on various media platforms about climate change and whether it’s a hoax or harbinger of more things to come. I honestly don’t know the answer but I do have 27 years experience and obervations. Same House 27 Years I bought my…
Risk Management: Taxes, Real Estate & Rental Properties
The Wall Street Journal has an excellent article on the tax risks of owning multiple residences or real estate in different states and it’s something that my wife and I have had to deal with over the past few years. Here’s a key quote from the article, “States are getting more aggressive to avoid missing…
7 Frugal Habits I Dumped When Getting Rich
I ran across this article from CNBC discussing 7 Frugal Habits a self-made millionaire kept after becoming rich. I went through the list and I can honestly say I had similar habits but I dumped them all and I will tell you why. 1. I buy the least expensive cuts of meat Bernadette Joy buys…
I Bought $15k of CPSM Today
This is NOT financial advice so don’t do something because someone on the internet did it. Do you own due diligence on investments that meet YOUR needs not someone else’s need. Having said that, I bought $15,000 of CPSM this morning. I wrote about CPSM here if you want to learn more about it from…