Hello amigos, I am still alive! It is time for a much overdue post-summer update. Lots of big things happening. I started a new job, we finally opened bank accounts for the kids, we’ve earned hundreds of thousands of hotel points, and we had another baby.
Oh hello. I’m still here. Question. How would you like to be trained for a new job by someone who’s just been laid off and told that you are replacing them…and for more pay? Anyone?
That’s what I’ve been up to over the last few weeks.
There have been many things happening in the bare budget guy household, and for the past few weeks, blogging has not been one of them. For starters, I got a new job. It came out of nowhere. I’ll just start from the beginning. [Read more…]
Today’s post comes from Chris at Eat the Financial Elephant.
Mark and I first started sharing e-mails about exchanging guest posts after I linked his post about tithing 10% of their family’s income. I used his post to help refute some of the many myths in mainstream thinking about why it is difficult to retire early.
The trip I’ve been looking forward to for most of this year has come and gone, and I had several significant take-aways, both financial and otherwise. It’s very timely given the approaching holiday. [Read more…]
I recently announced that I would be featuring at least one budget profile each week, including bloggers. For those of you who may be new to this site, I encourage others to bare their budgets so we can all benefit by seeing how everyone else is (or isn’t) making it.
I’ve always been just slightly paranoid about my hairline. My dad doesn’t have much on top anymore, and neither did his dad. When I was 27 and couldn’t take the uncertainty anymore, I broke down and bought some Rogaine.
Hair loss prevention products are sneaky. It’s hard to know if the fact that I still have my hair can be attributed to using them or not. I finally discovered I could get a 6 month supply of the Costco brand that is just as effective (they all use 5% minoxidil…if you were wondering). I’ve spent at least a few hundred dollars on it over the years. And good news! I still have my hair at 32!
Though my dad may have given me a receding hairline, he’s more than made up for it with everything else that he has given and taught me through his example, finances included. [Read more…]
If you’ve never browsed the posters at despair.com, you are missing out. The site’s tagline is “the cure for hope.” Though hope is something I generally try to instill rather than cure, I still laugh every time I think of my favorite demotivater phrase: “Defeat: For every winner, there are dozens of losers. Odds are you’re one of them.”
There is always someone out there who is better than us at something, and that will always be true. We often forget, though, that it goes both ways. [Read more…]
Today we get to hear from my younger and stronger (though not as good looking) mesomorph brother. He’s the proud new father of a beautiful baby boy! Let’s hear it for Steven!
I’m the perfect example of someone in need of Mark’s financial advice.
I work in the public relations & marketing department for a large healthcare organization, so I’m used to contributing to blogs, but usually on topics like meditation, pregnancy, listeria, and kidney stones.
I don’t claim to have any special financial expertise, but I can pass a long a few insights I gleaned from a recent conversation with my dad during a game of tennis (if I remember correctly, Mark has told you a bit about him). [Read more…]
I was feeling particularly overwhelmed the other night with the idea of having to work the 9 to 5 for the next 30 years of my life. Reading blogs like Go Curry Cracker, Mr. Money Mustache, and Y Travel Blog are incredibly inspirational, but the fact is that I haven’t made the same choices over the past 10 years that have positioned me to do what they’re doing. Combine that with reading about how Pat Flynn made over $150K last month, and I allowed all of that to lead me to wonder if I should be doing something differently in my life. [Read more…]
The “seven baby steps” have become fairly well known thanks to Dave Ramsey’s rising popularity and common sense financial approach. They are at the core of his philosophy and provide an excellent framework to guide you in your financial endeavors. They lay out a path toward financial independence that applies to everyone, regardless of their level of wealth. [Read more…]
My mom’s dad eventually became a multimillionaire, and my dad’s dad lived in relatively humble circumstances all his life. Growing up, I went on a lot of road trips to visit family. We would often visit both my mom’s and my dad’s parents on the same trip. These repeated experiences instilled in me an understanding that I could be a great man regardless of whether I were rich or poor. And unlike the characters in Kiyosaki’s book (which is a good read), the ones in this story are not fictional.
The other day my brother sent me this diagram of body types. I’m probably a borderline Ecto/Mesomorph, while he is a definite endomorph. When I did P90x for the first time a few years ago, I gained some muscle and a lot of definition (which has since faded). When he did it, he gained some definition and a ton of muscle. While it’s not a perfect analogy, the principal of body types can be applied to the personal finance realm. [Read more…]
Finance is all about trade-offs and decisions. In both finance and life, we make choices now because we hope to receive some type of future benefit. In other words, finance is life! There are certain choices my family and I have made which have drastically altered the course of our finances, and in turn, our lives. [Read more…]
When I was finalizing my decision to go back to school full time for an MBA, I read hundreds of articles and comments from people who wanted to weigh in. I found it to be a fairly polarizing subject. It seems that everyone has an opinion on this, some with first-hand experience and others with absolutely no context at all. Now that I’m a few years out from graduation, I’d like to weigh in with my own thoughts.
I’m not going to argue one way or another but rather focus on what made it worth it for me. The reasons that made it right for me are not the same reasons that would make it right for you. You really need to define where you want to end up and how an MBA provides the best path to help you get there. [Read more…]
Let’s go back to summer 2005. I had just finished my sophomore year of college. A friend convinced me to venture off to California to spend my summer vacation as a door-to-door salesman. For 6 days a week, we spent all of the daylight hours going from door…to door…to door…to door. So when 12 o’clock arrived every day, we were ready to spend some money on lunch! Because we deserved it darn it! [Read more…]
Ever since I came back to the states after having lived in Mexico for a few years, I have been obsessed with cultures south of the border. There is so much to love—great food, beautiful scenery, and Latin hospitality. I decided several years ago that my dream job would be one where I could use my experience in finance in a Latin American country, the less Americanized the better. Last week I finally got my chance. [Read more…]
Let me just preface this with the fact that I am generally not a cursing man (although my wife tells me I occasionally let one go in my sleep). Ironically, one of the main phrases that will be forever stuck in my mind after coming out of business school is “Sell the sh!% you got,” subsequently referred to as “sell the stuff you got.” And you have to say it in a Welsh (not British) accent. [Read more…]