If I did not Pay Ourselves First, as I refer to the sage personal finance advice, since the payments that I currently make and have for many years incorporate others besides myself, during months and years where funds were tight, and we had more pressing things to pay for…
Well, I suppose that I might still simply be thinking, and perhaps writing, about Paying Yourself First instead of actually doing it. …
I’m going, to be honest, here with you, as always. The following is a short yet descriptive story of how it came to be that in less than five years, I will become eligible for one of those things that is becoming rarer as the years pass — a defined benefit pension plan.
I completed my undergraduate education and received a BA in communications in December of 1992 and then moved right back home to my parents' house in Evanston. Besides coaching my younger brother’s PONY league baseball team with my father which was one of the most enjoyable and…
A middle-aged guy like me who has invested for more than two-and-a-half decades has been around the block a few times.
As such, I have invested and speculated on a very eclectic and wide-ranging variety of instruments over the past twenty-six years. Some of them did quite well, like the Wellington account that helped my late grandfather make me an extra fifty grand and not-quite that amount for my son a few years back to help put my children through college.
Some frittered away into nothing, or even worse, made me lose more than I had due to my stupidity…
I have previously mentioned my proclivity to save things to write about at some future time.
Along those lines, I came across one such article while searching for another, and it piqued my interest to write about something that was important back hundreds of years ago, throughout the Great Depression, the Great Recession, the COVID-19 recession of last March, and today as you read this: saving money.
Even as Reddit Money Bros are minting instant fortunes early this year on their GameStop stock and Bitcoin, saving money remains important today and always will. As the economy continues to become more…
An interesting article showed up in my email recently due to me signing up for Fast Company several years ago and being too lazy to unsubscribe from it, although I have been unsubscribing from a large number of newsletters and publications of late. The article is titled Just Buy the F***ing Latte by Sallie Krawcheck.
I love the title of the article, as it reflects my own feelings on the topic. …
Let’s say that I owe you fifty bucks.
How exactly should we make this happen?
You need the money immediately, so how about I Venmo it over to you?
Oh, you’re not on Venmo. Then you must use Zelle.
More of a PayPal kind of person?
Prefer a brand new, crisp Grant to put in your pocket?
Perhaps you don’t mind waiting for a check to make its way to you through the mail; then a few days or weeks after it shows up, assuming that it does, you will head over to your bank or an ATM somewhere to…
My wife made this for our dinner last night.
It was super tasty.
We had just recently finished watching every episode of Somebody Feed Phil, one of the numerous shows that we have been streaming on Netflix during the pandemic, and both of us like a term that he uses — Zobble it up.
There are not any references to it almost anywhere, but it is a term that he uses to soak up delicious sauce with bread.
That said, besides being one of the tastier chicken dishes that we have had for a while, the four of us including…
My wife just told me that I am getting too emotional about a business transaction today, and she is absolutely right.
Since she does not care to hear about it, I share the following with you to explain why the fifty grand that my late grandfather made for me today is so meaningful to me.
If you are a parent, it may get you thinking about how not if you will help fund your child’s college education.
Many moons ago, when I was just a young buck of about twenty-four, my maternal grandfather, with whom I was extremely close, took…
I have some money that has been super lazy.
I suppose that I am really to blame since I have allowed it to be.
As a reader of this publication, surely you already know that having funds sit for years and years just relaxing and not growing or accomplishing anything besides surviving is not a path to great wealth.
Serving as a rainy-day fund?
Sure, lazy money can do that.
Sitting around on the couch waiting for the motivation to do something or go to work?
Sure, I suppose it may have been doing that.
When it comes to procrastinating, I am among the best!
If putting something off for too long, or forever, was the optimal path to wealth and success, I would not have to bother hustling ever again.
For far too long, I have contemplated all the things that I would share, along with sage advice on how to overcome that thing that so many of us struggle with. At some point, I will complete that “7 Ways to Overcome Procrastination” story that has remained in draft form for a month, along with a hundred other stories. But when?
I am a middle aged middle class guy living in the Midwest. Married father of two children and a Morkie. Long-time economic developer and former P.O.