I try to keep up with the changes in technology because everything runs on technology. Your TV has a computer in it as does your car, your fridge, you washer & dryer, and almost anything that runs on electricity. Technology like the microchip revolutionized how we do everything and the next evolution in that is…
Summer Vacation Due Diligence
Summer is almost here and across the United States many schools will be letting kids out for the summer and I thought about how our family approached family vacations for the summer. I was going to dig up my old planning spreadsheets but I decided on asking AI to generate a fresh new list and…
Memorial Day
To all those who served or lost loved ones who have served know that you are not forgotten and your service was never in vain. We remember and honor your sacrifice.
Monopoly (the game) & Life Lessons In Wealth Building
When our kids were young they loved to play the game Monopoly. Of course, each kid hated losing and hated having to depart with cash when landing on a property owned by someone else. Most of all the kids hated going bankrupt and losing the game. As I continue to grow my wealth and frequently…
Review: The Retirement Nerds Tax Planning Template
I’ve become a big fan of The Retirement Nerds. These guys run a YouTube channel, website, and sell tax planning spreadsheet and training here. I stumbled upon these guys when researching a Roth IRA conversion and was looking for a spreadsheet that could help do all the calculations for me to figure out a way…
The Retirement Nerds Lift The Veil On Financial Industry
One of the YouTube channels I watch is The Retirement Nerds. The team there offers insightful advice on all things medicare and while I’m over a decade+ away from even being eligible for medicare, I still find the information useful for planning purposes. The Nerds have a great video out that discusses the Financial Advisor…
Your Three Retirement Demons: Inflation, Taxes & Lifestyle
While I don’t watch or listen to Dave Ramsey, I do occasional run across an article with an outrageous title such as this one, “Dave Ramsey delivers wake up call to Iowa couple making nearly $200k but struggling to make ends meet“ Essentially, this couple has $785,000 in debt even though they earn $200,000 per…
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…
The 10 Commandments of Personal Finance
I asked AI to generate a list of 10 commandments for personal finance and here is what it generated. The Ten Commandments for Personal Finance Thou Shalt Budget Wisely: Create and maintain a budget to track your income, expenses, and savings.Thou Shalt Live Within Thy Means: Spend less than you earn to avoid debt and…
How I Pick Stocks To Invest (Tax Deferred)
I think the stock market, in general, is very over-valued but that doesn’t mean there isn’t value in the market. I have a methodology I use to find the best stocks for me to invest in but before we get to that let’s cover a few topics. Free Cash Flow The best valuation method for…