Here's a subject I can't wait to get your thoughts on. As I noted in Financial Details of My Real Estate Investments, we ran into an older, retired gentleman at property #3. He was the owner and seller of the property. He walked us around and we chatted for 30 minutes or so. He was a very nice and interesting man. As you might suspect, the subject came up of why he wanted … [Read more...]
Archives for July 2016
Real Life Example of Saving a Bundle on a New Car Purchase
Now that I've given you the details of our most recent car crash, I wanted to share with you the results of our new car purchase. I've posted my tried and true formula for saving a fortune when buying a new car, but I understand some of you may be skeptical of my results. So by sharing actual details of this latest purchase, I hope to erase all skepticism. Picking the … [Read more...]
Dealing with Car Crashes and Insurance Companies
This is the story of two car crashes (unfortunately) and how we dealt with them. I'm hoping this is the last one and that none of you have any issues like these, but if you do, perhaps this post can help. It should also provide for some interesting discussion. :) Oklahoma Crash In May of 2014, my wife was stopped at a stop light when a teenage driver ran into her from … [Read more...]
My Millionaire Habits
A couple months ago I posted on Millionaire Habits, a list of 13 things Business Insider considered to be traits of millionaires. In this piece I thought I'd share what I consider to be my personal millionaire habits. I think it will also be fun for you to share yours in the comments on this post. Here's what I consider to be the habits that have helped me become a … [Read more...]
Should I Get an MBA?
Since I have an MBA and have had at least a moderately successful career, I often get asked by younger managers and students, "Should I get an MBA?" As you might imagine, there are a lot of different ways to answer that (and I will at the end of this post), but for now I want to share some general thoughts about MBAs. Just in case anyone doesn't know what an MBA is, it's … [Read more...]
My Jobs, Graduate School
The other day I listed all the jobs I held in college and detailed what I learned from them. Today I want to continue this series by sharing the jobs I held while in graduate school. While I was getting my MBA, I had two jobs. Graduate Assistant The first was during the school year (both years). It was an assistantship where I ran the university movie theater as well as … [Read more...]
Our College Selection Trip
Now that I've shared our plans for funding college and my daughter's plans for maximizing her payout, I wanted to share with you a recent trip we took to check out colleges. Remember that much of these decisions are being influenced by an 18-year-old. Translation: they are subject to change. :) But she does have a decent plan, is open to accepting advice, and has stuck … [Read more...]
2016 Financial Resolutions at Half Way Point
Happy 4th of July!!! I hope you are enjoying the holiday celebrating with family and friends. Since we are just past half of 2016 (can you believe that?)I thought that today would be a good day to give you an update on my 2016 Financial Resolutions. Here's where we stand: Meet net worth goal -- So far, I'm making progress. 2015 was a stinky year for my net worth … [Read more...]
