Archive | Personal Finance

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How To Live On One Income – 10 Things We Did To Make It Work

We sometimes see friends on Facebook asking about local daycare facilities or looking for a nanny to watch their kids while they work. It must be stressful to find high-quality affordable daycare. We’ve never had to deal with child care because we started thinking about how to live on one income before we were engaged, […]

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Why I Don’t Feel Wealthy Today

Two recent articles got me thinking about personal wealth. The first is by the popular early retirement blogger Joe from Retire By 40 called When Will You Feel Rich? The second is from The Guardian called Scraping by on six figures? Tech workers feel poor in Silicon Valley’s wealth bubble. The articles are quite different. […]

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Higher Salary Vs. Better Benefits

13 years with one company is a long time in today’s employment market. My tenure has never been about loyalty or career advancement, and it certainly won’t earn me a gold watch. The company pays me a salary above the market rate for the job I do. That’s why I’ve stayed. The benefits have always lagged […]

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That’s Not Our Dream House Anymore

My Mom and her sisters used to take me and my cousins on house tours. We’d visit city mansions and historic homes that were preserved for viewing or opened to show off antiques and interior designs. I loved walking through the old homes. I remember exquisite stone exteriors and unique customizations like hidden doors, secret […]

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Save More Money With These 15+ Tax-Friendly Accounts

The U.S. tax code is filled with a mind-boggling array of tax-avoidance tools including tax-friendly accounts, loopholes, and special favors to various constituents. The primary intent of the tax code is to collect money, but the politicians who shape it add in a bunch of cheats and easter eggs that lower the amount of tax they […]

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How Our Family Of 5 Is Flying Cross-Country For Free (And How You Can Too)

Mrs. RBD’s brother proposed to his long-time girlfriend early last year. Shortly after the jubilant celebration, my one-track mind started thinking How much is this wedding going to cost me? The answer: A lot. However, by taking advantage of travel rewards credit cards to receive sign up bonuses, we acquired enough points to fly cross-country […]

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The Triforce Of Wealth

After two years of begging, I finally received a classic Nintendo NES Game Consolefrom Santa in the sixth grade. One of the original video games for the system was the masterpiece, The Legend of Zelda. The Zelda franchise is an enduring global video game phenomenon enjoyed by gamers worldwide. To date, Nintendo has produced 18 titles in […]

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Passive Income Ideas Feature

10 Passive Income Ideas To Start This Year

We all share a common goal each year… to become wealthier. The savviest build wealth not by exchanging their time for money, but by investing their time and money in schemes and investment vehicles that earn a return. To help motivate you to achieve your wealth building goals, I’ve compiled a list of 10 passive income ideas to […]

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Annual Goals and Resolutions Review

2016 was a reset for my personal finances. In lieu of achieving epic goal reaching success, I focused on building a more solid foundation from which my wealth can grow. Not all the changes were easy, but the results have set the stage for the years ahead. A sneaky cash flow problem became apparent in […]

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The Lifelong Burden Of Material Objects

I saw a tweet recently that read like a blunt kick in the nuts. “The Vast Majority of Baseball Cards are Worthless” The tweet came from a Twitter handle and blog called Unusual Investments. The blog post was inspired by a recent Wall Street Journal article about a 1952 Topps Mickey Mantle baseball card going up […]

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Put It On The Line: Advice From a 9-Time World Champion

A few months ago I was cleaning out my basement and uncovered a 25-year-old autograph. It’s from one of the most competitive and influential athletes to ever represent a sport. His words were inspirational to my 16-year-old self, and reading over his simple phrase today reminds me that we’re all capable of accomplishing extraordinary things […]

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Is Moving Worth It To Achieve Financial Independence?

Does it make sense to move somewhere cheap to achieve financial independence sooner? It’s a topic we talk about sometimes in our household. If we could lower our housing costs by moving, we could retire much sooner than our plan. We’re in a middle stage of life with three young kids, a minivan, and a mortgage and in […]

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Eliminate Car Payments From Your Life (And Never Go Back)

If you want to get serious about taking control of your financial life so you can build wealth, it’s time to eliminate car payments. Car payments are a persistent nag on the lives of many U.S. consumers. But they don’t have to be, and shouldn’t be even with super-low interest rates. Because they crush your monthly […]

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The Nude Selfie Of Personal Finance

The signs in the gym locker room are clear: Picture taking in the men’s room is strictly prohibited. Please inform the front desk of violations. Yet every once in a while, some beefcake dude will stand there in front of the locker room mirror, whip out his phone, and snap a selfie. I sort of get it. […]

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Should I Refinance My Mortgage Again?

I’ve owned real estate for almost ten years. Over that period I’ve refinanced my rental property twice and our primary residence once so far (I found the lowest rate at LendingTree. Saved me a ton of money). I’ve been thinking, should I refinance my mortgage again? Refinancing is a hassle. But it has saved me tens of […]

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