• Maybe We Shouldn’t Have a Side Hustle?

    As you may know from reading this blog, I absolutely love working side hustles. Not only do they provide me with a little bit of extra money that I can use to pay down large amounts of debt, but I also just enjoy doing them. I love taking side jobs that allow me to learn something new or share my knowledge and experience with others. I also enjoy that I can usually do them from the comforts of my home while the kids are over at a friend’s house, my wife is out running, or even early in the morning. It’s really cool to be able to say that I made…

  • You Can Actually Save Money Shopping Online with Ebates

    Over the past few years, I’ve noticed that we’ve been inundated with ways to make money. Also, I’ve noticed that everyone says that these are easy ways to make money. Complete surveys while you are watching TV! Start a side business in your spare time! Sign up for this website and you can become rich! Everyone seems to have something that they are trying to market! Of course, I am guilty of this too with some of my recommendations. I think that credit cards can be great for their travel hacking possibilities, that Capital One 360 is a good place to stash your emergency fund, and that Fidelity and Vanguard are…

  • My 6 Financial Mentors

    No matter how good we are at something, there was a point in our lives when we weren’t as knowledgeable or good as we are now. In order to get better, we often had a mentor or a guru that has advised us and helped us to be better. In youth sports or academics, our mentors were probably our parents, coaches, and teachers. Not only did they teach about a sport or a certain subject, but they also pushed us to be the best version of ourselves when we were out on the field or in the classroom. Mentors are extremely important to have. For me, I have always had…

  • Save Money With: A Space Heater?

    After my wife and I purchased our second house, we quickly found out that it wasn’t very energy efficient. I discovered this when I was fixing a hole in the wall. Instead of finding insulation, I found newspapers that were acting as insulation. Needless to say, our heating bills were pretty expensive! Besides the newspaper acting as insulation, the other reason that our bill was expensive was the window in our front room. It didn’t really close well and it always left a gap between the window and the frame. We should have gotten a new window right after we purchased the house, but instead we put plastic and foam…

  • 4 Non-Sophisticated Things That You Should Do With Money

    There are many sophisticated things that we could do with our money. We could: Create a CD ladder for money that we want to save. Use tax-loss harvesting to save on taxes when we invest. Convert our IRA to a Roth IRA by using a backdoor Roth conversion. Each of these sophisticated financial techniques could save us anywhere from hundreds to tens of thousands of dollars throughout our lives. Because they are so valuable, I definitely encourage you to become educated about each of them and see if you can use them either now or in the future. While each of these are very valuable techniques to save money, they…

  • “Fixed” Expenses are the Worst … Let’s Get Rid of Them!

    Okay, here’s what I want you to spend the next 3 minutes doing. Grab a sheet of paper and list all of the things that are monthly or annual expenses for you. I’m not talking about a grocery bill, but instead I’m talking about subscriptions, energy bills, car payments, and so on. For me, this includes all of the following: water electric gas mortgage escrow and home insurance car insurance cell phone Internet and cable tv Netflix YMCA pass for swimming You’ll probably find that it’s a pretty long list. Make sure that you don’t forgot things like student loan payments, credit card minimum payments, car loans, the Cloud, digital…

  • Lessons From My Father

    I read an article the other day called “Eulogy to a Great Dad“. The author’s dad just passed away and he was writing about some of the lessons that he had learned from his father. Fortunately for me, my dad is still alive and doing great, but reading this article caused me to reflect on some of the lessons that he taught me. This article also helped me to reflect on my life as a dad of three young kids and to think about the big lessons that I want to teach them. Lesson #1: Go on an Adventure When I was about 12, my dad took my brother and…

  • 5 Great Ways to Get in Shape

    I may be in the minority, but I absolutely love working out. Even better than coffee, a good workout provides a buzz that lasts for many hours afterwards. It can help me to feel more awake and alert, be more confident during interactions with others, and generally feel better about myself. Working out also allows me to play with my kids and to avoid “Feats of Middle Age,” as are depicted in these hilarious advertisements. The bottom line is that being in shape helps me to live a long, full, and happy life. Since working out and being in shape are so beneficial to everything that we do in life, I…

  • 3 Huge Mistakes I Made With Money

    Currently, I feel that my wife and I do a pretty good job with our money. We invest in index funds for our retirement, we are close to paying off our house, and we have paid off all of our non-mortgage debt. We are even working together with our money to budget for our goals, values, and dreams. Aren’t we just perfect with our money? Of course not! Although we do a great job with many financial things, there are many things that we can do better. Sometimes we blow through our budget or argue about how money should be spent. Other times, we don’t even talk about money and try…

  • Envy is Not a Tool For Happiness

    Every single one of us owns something that we don’t feel too great about. Whether it’s a house that we feel is ugly, a treadmill that barely works, kitchen cabinets from the 1970s, or a watch that is only right twice per day, we all own something that we are not too fond of. For me, it’s a Chevy Malibu that has 180,000 miles on it. This car has a cracked windshield, a gap in the passenger door that lets water in when it rains, and a sound coming from the engine that is getting louder every month. I don’t love this car. However, I am not in a rush to…