Browsed by
Month: October 2017

For My Students: What am I Supposed to Do?

For My Students: What am I Supposed to Do?

At my university it is that time of year again: advising. Every semester I have a number of my students who will come into my office, we will talk about the coming semester, they will give me their schedule and be off. However, I seem to be having an odd number of students questioning their very being. They don’t know what to do? And by that I mean they don’t know what to do with the rest of their lives?…

Read More Read More

Rethinking How I Talk About Money?

Rethinking How I Talk About Money?

I apologize if this post is more of a stream of consciousness, but it is something I just have to get out on the screen. I recently had a conversation (actually about an hour) ago with someone about money. The conversation was, in essence, if I would admit that I would have an aneurysm if I adopted a money philosophy similar to friends of ours. I have some friends who live in my home state who I know basically don’t…

Read More Read More

What Gets You Out of Bed In the Morning?

What Gets You Out of Bed In the Morning?

I intend for this to be a fairly short post because I am much more interested in the answer to the question. And I hope you will post in the comments below. I have been thinking a lot about motivation lately. At a certain point what motivates us? What is the point to certain things after a while? Why do we continue to do the things we do even if we have accomplished certain items? For example, I have reached,…

Read More Read More

Guest Post: 6 Tips for Avoiding a Loan Application Rejection

Guest Post: 6 Tips for Avoiding a Loan Application Rejection

Note: From time to time I will have very smart folks provide a guest post on a particular finance topic. Today, we have one by Jamie Dalzell, who is a freelance writer (and a darn good one I might add). If you are interested with working with Jamie or contacting him you can go find him at the website Reality Copywriting.   6 Top Tips For Avoiding A Loan Application Rejection If I asked you what your credit score is,…

Read More Read More

A Strategy for Debt Fatigue

A Strategy for Debt Fatigue

Do you have a lot of debt, particularly large ones? Do you feel like you are making no progress? Did you start off strong on your debt and you have hit a wall? Are different strategies for paying off debt not working for you? If you answered yes to any of those questions then you might be suffering from debt fatigue. I know that I suffer from it. Let’s be honest paying off large amounts of debt is hard, particularly…

Read More Read More

What Would You Do With a Million Dollars?

What Would You Do With a Million Dollars?

I don’t know about you but I like thought experiments. I like thinking about different kinds of questions, dreaming about what you would do about them, and then how could you get there to make those questions occur. Earlier, I opined about what would you do with $100,000? I also like asking questions about how we define things. For example, questions such as what does it mean to be rich? broke? how much money should you save, etc, are all…

Read More Read More

Bathroom Repairs Update

Bathroom Repairs Update

Well, it has been a few days since I wrote about the little bathroom problem we had in our house. And we have an update and some good news. So just a bit of a recap. About 2 weeks ago Mrs. ROB noticed some white powdery substance on a wall near our bathroom. It turns out that powdery substance was mildew/mold that was caused, we suspected at the time, by a water leak. We didn’t know where the leak was…

Read More Read More

2017 3rd Quarter Debt Repayment Update

2017 3rd Quarter Debt Repayment Update

The end of the 3rd quarter for 2017 has arrived and I guess it is time for another debt payment update. If you search debt payment updates you can find my previous discussions there. Here are my current totals at the end of the 3rd Quarter of 2017: 1) Mortgage: $171,025 168,780.16 166,320.16  162,762.77 161,020 $157,210 $155,120 $152,750$149,489 146,580 143,027 $139,885 2) Student Loan: $65,959.39  $65,188.58 64,427.07 63,657.24 63,392 62,903 $62,426  $61,910$61, 371 $60,800 $60,221 $59,617 3) Personal Loan: $27931.41  $25,401.80 $17,484.39 14,169.27 10,994 7,186 $0 4) Car Loan: $21,655 19,919 18,151 $16937 5) Credit Card 1: $3700 $1000 Total: $264,915.80 $259,113.61  $248,231.62  $240,589.28 $235,406 $227, 229 $217,546$210,860  $203,248 ($222,403) $216,439 This quarter I have paid off $5964….

Read More Read More