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Month: September 2015

I Feel A Decade Behind

I Feel A Decade Behind

I don’t know what it is about different life events (e.g. births, graduations, weddings, etc.) but they always give me pause to think about my own life, where I am, where I have been, and where I am going. Mrs. ROB and me recently returned from a wedding and I was thinking about finances, different milestones, and the like as I was walking our dog in the morning (I get a lot of thinking in walking with Spooner). Anyway, I…

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The Joys of Routine

The Joys of Routine

Mrs. ROB and I just returned from a wedding over the weekend. It was a great event with great friends. The bride and groom looked wonderful, really excellent food, etc. Of course during this little jaunt we both spent a bit of money, more than we would have like and this post isn’t about the perils of vacation or whatever it is. It is really about how these kinds of events get me a little off kilter. First, let me…

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Financial Tip Friday: Paying Our Mortgage Off vs. Savings

Financial Tip Friday: Paying Our Mortgage Off vs. Savings

On the weekends I often make it a habit to do some kind of bingeing. Perhaps, my bingeing will consist of watching a couple of episodes of a television program I haven’t kept up with. Sometimes that bingeing will consist of reading articles that I think are important for the upcoming week of research. Sometimes, I will binge on blogs or other writings on the internet. And other times I will binge on archives of radio programs that I like…

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Today is my Blogoversary

Today is my Blogoversary

One year ago I posted my very first blog post. Since that time I have posted 155 different times, had over 15000 page views, a few hundred comments, and lots of people who have liked or commented on my Facebook or Twitter account. For all of you who have looked at some of my articles, listened to my rants, commented (I hope I hear from more of you) on different items. I can only say THANK YOU, THANK YOU, THANK…

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Some of the Dumbest Financial Advice Out There

Some of the Dumbest Financial Advice Out There

As I am known to do on weekends I like to catch up on some reading. Primarily, I read things like personal finance blogs, some finance news sites, other news cites, real clear politics, and others . As I was perusing a number of these sites I ran across this article that made, I am not sure why, made my blood boil. According to Lauren Martin of Elite Daily if you are in your 20s and you are engaged in…

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Financial Tip Friday: You Need An Emergency Fund

Financial Tip Friday: You Need An Emergency Fund

There are some that suggest you don’t need an emergency fund at all and a credit card or a home equity loan would suffice. For those who offer that advice: I think you are crazy. Why would any logical person go into further debt in an emergency? The old maxim an ounce of prevention is worth a pound of cure is dead on. Not planning and saving for some kind of emergency (even if it is small amount like $500-$1000)…

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Playing Mental Monetary Gymnastics

Playing Mental Monetary Gymnastics

One of the big problems that I have with money has nothing to do with the spending and/or savings side of things. It is my actual thought process about money. I am a gold medalist at mental monetary gymnastics. Let me explain what I mean. I am constantly and I mean constantly thinking about ways to improve, adjust, or redo my financial situation. For example, last week I wrote about some of my own financial rules. I talked about how…

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Financial Tip Friday: Money Rules to Live By

Financial Tip Friday: Money Rules to Live By

Unlike other financial tip Friday posts this one will be more about what I consider to be some of my basic money rules to live by. Take that for what it is worth and the more I think and write about finances the more I come up with other philosophical ideas that I agree with. However, over the past few years, since I started investing I have developed some pretty consistent principles that I try to live by (although not…

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We Live Paycheck to Paycheck

We Live Paycheck to Paycheck

There are a plethora of stories in the news media about how Americans are struggling financially. Income inequality is going to be the great economic issue of the next election. Americans aren’t saving as much as they used too, they have a plethora of debt, and some would even say that there spending is out of control. According to one study, 75% of Americans live paycheck to paycheck. Even those people who make a lot of money (e.g. over $100,000) over…

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Financial Tip Friday: I Want FU Money

Financial Tip Friday: I Want FU Money

I was recently talking with one of my former students about their new job. As we were talking about her time at our university and her new job she was already wanting to plan her escape. Even though she had only been out of school about five years she was already tired of the grind, feeling compelled that she had to do something related to her degree, and she just felt “shackled.” I said I could relate and that over…

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