Browsed by
Category: How I Got Here

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

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

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

What Does It Mean To Be Broke?

What Does It Mean To Be Broke?

I am sure that all of us have said, at one time or another, that we can’t do anything because we are “broke.” For most of us this is nothing but a colloquial phrase we use when we don’t have money to do something or we need to curtail our spending. However, there are other times when I hear people talking and it comes with greater meaning. For example, Dave Ramsey advises everyone pay off their debts before doing anything…

Read More Read More

Learning to Be Good Enough

Learning to Be Good Enough

This is an updated post from over a year ago, but it seems appropriate considering where my head is at the moment. Please comment below. It is amazing how small conversations have an impact on you. Maybe they impact me more than others, but there are small but innocuous conversations that occur that can change the course of my life; a conversation I had in 1999 with my mentor was one such example. He asked me why I wasn’t going…

Read More Read More

Conquering the Fear of Missing Out (FOMO)

Conquering the Fear of Missing Out (FOMO)

The people who know me know that I am not a technologically gifted person. I fully admit that Mrs. ROB is head and shoulders ahead of me in this realm. Hell, I didn’t even get a smart phone until October of 2016. The fact that I was able to follow directions and create this blog is somewhat of a minor miracle. One of the great modern wonders of technology is our connection to social media. Here, I am also somewhat…

Read More Read More

Want a New Financial Future? Own Your Past

Want a New Financial Future? Own Your Past

In some respects this post is like a Dr. Phil episode. I fully admit I watch Dr. Phil every once in a while because I am fascinated by the stories. Frankly, if your life isn’t a Dr. Phil, Maury, or Jerry Springer episode can life be really that bad? The truth is it can, particularly financially. A lot of us make New Year’s resolutions regarding personal finance, but we don’t follow through with them for a variety of reasons. In…

Read More Read More

Book Review: Strangers In Our Own Land by Arlie Russell Hochschild

Book Review: Strangers In Our Own Land by Arlie Russell Hochschild

A few months ago one of my colleagues wanted me to review Arlie Russell Hochschild’s book A Stranger In Our Own Land for our faculty magazine. I think the book helps to explain narratives that seems incongruent with each other: why do white working class people vote against their interests? I highly recommend you read it. Here is my review of the book: Can We Bridge America’s Political Divide? Ever since the election of Donald Trump pundits, policymakers, and politicians…

Read More Read More

Using a HELOC as an Emergency Fund

Using a HELOC as an Emergency Fund

I have come to somewhat of an epiphany/understanding of my monetary self over the past few weeks. Part of this revelation was due to some recent financial trouble that we have had. That trouble stemmed from unexpected expenses that caused me, for the first time, in over 18 months to carry forward a balance on the rewards credit card that I use. In my past I have racked up credit card. Sometimes lots of it. I think right before I…

Read More Read More

March 2017 Debt Repayment Update

March 2017 Debt Repayment Update

Over the past year I have tried to track my progress of paying off debt in quarterly updates. At the beginning of 2015 I had a total of $264000 in debt which included three primary debts: our mortgage, a personal loan, and my student loan. My goal for 2015 was to pay off 10% of my debt, which I was able to accomplish. I was also able to pay off a huge tax bill and our HEAT loan for 2015….

Read More Read More