Browsed by
Author: Jason

Jason is a professor, academic writer, and a personal finance newbie. Although he comes late to the game of becoming financial independent he is passionate about helping others learn from his mistakes, manage their finances, and living a fulfilling life.
What Would You Do With an Extra $100,000

What Would You Do With an Extra $100,000

Every year Money magazine has an issue or a specific article or two dedicated to the idea of what you would do with an extra $1000, $10,000 or $100,000. It is easy to think about specific things we would do with an extra $1000 or $10,000. In fact, most of us might actually do one thing. For example, if I had an extra $1000 I would probably just save it or pay down some debt. I wouldn’t divide up the…

Read More Read More

An ROB Household Dirty Budgeting Secret

An ROB Household Dirty Budgeting Secret

Generally, Mrs. ROB and I are somewhat financially healthy. We have money in investments, our home will be paid off in 10 years (if not sooner), we generally have more money coming in then going out, but we also live paycheck to paycheck like most Americans. Part of this is because Mrs. ROB’s income is a little unusual because she works at multiple campuses. Mine is more steady, but I do make more money during the summer doing extra duties,…

Read More Read More

Don’t Raid Your Retirement Accounts

Don’t Raid Your Retirement Accounts

Let’s be honest, we all run into a bad patch financially once in a while. We might lose our jobs, have extra expenses that we didn’t see coming, increased debt because of an illness or death in the family or sometimes we just plain overspend. In these situations, our immediate impulse is to get out of the jam as quickly as possible and if we don’t have the money saved in an emergency fund one of the impulses that people…

Read More Read More

Best Mutual Funds for Socially Conscious Investing

Best Mutual Funds for Socially Conscious Investing

This blog has truly been an adventure. Originally, I started this blog to keep myself in check and track my progress to financial independence. I have been somewhat successful over the past few years in reducing debt and increasing my overall net worth. A wonderful side benefit of this blog is that I get e-mails asking for my advice. Those e-mails have increased over the past couple of months. Now it isn’t a lot. I get maybe 10-15 per week…

Read More Read More

I Quit Drinking Soda

I Quit Drinking Soda

A few months into this blog I started doing different monthly challenges. For example, I would challenge myself to finish an article, go to the gym, etc. You can read some of them if you would like. However, I got away from them because well I just didn’t feel like posting them anymore. While those challenges were often about personal finance they were often about health and fitness as well. The truth is that I am an overweight, 43 professor,…

Read More Read More

Building Wealth? Own a Home

Building Wealth? Own a Home

I have written on this blog a number of times about my housing blues. We have certainly done our share of home repairs over the three years we have been home owners. In fact, I think we have spent at least $15000 in just the past three years on new insulation, appliances, mold remediation, and other small items. That, of course, doesn’t include buying furniture and other things we did to our house. There are also all kinds of future…

Read More Read More

Thinking About Law School? Rankings Matter

Thinking About Law School? Rankings Matter

Over the next couple of months I think I am going to write a few blog posts on college education in America. This comes certainly from my perspective, but I have been a college educator for over 2 decades now and I have worked closely as a transfer and first-year academic advising fellow (in addition to my teaching duties) for the past 5 years. Therefore, I have given hundreds of presentations to students about what to expect in their undergraduate…

Read More Read More

Financial Goal by 50: Hit the Two Comma Club

Financial Goal by 50: Hit the Two Comma Club

I am sure all of you have heard about goal setting and how to reach your goals. I promise this post is not about that. There are all kinds of great advice about hitting your goals. That includes making them realistic, creating vision boards, starting with small things and working into larger items, etc. We all should try to have goals. I mean what is the point of life without having to live for some goal. And it doesn’t have…

Read More Read More

Financial Tip Friday: How Much Car Can/Should You Buy?

Financial Tip Friday: How Much Car Can/Should You Buy?

I have to admit I love the idea of having a nice brand new car. I mean who doesn’t love that new car smell. It’s all clean and wonderful. But I then snap back to reality pretty quickly because I realize that car will be worth at least 10% less the minute I drive it off the lot. And if I have to finance it that car payment will probably be with me for 3-4 years. Plus, the car goes…

Read More Read More

Do You Have a Money Disorder?

Do You Have a Money Disorder?

All of us have some kind of problem with money. Some of us don’t have enough, some might have too much. Some might not manage it well. Some might not manage it all. People disagree about spending, saving, credit, how to raise their children with money, etc. Everyone has some potential issue with money. I ran across an article in Psychology Today a bit ago asking if people have a money disorder. I took the survey they give and almost…

Read More Read More