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My Jobs, The Dot Com Bubble Bursts

February 24, 2017 By ESI 7 Comments

Last time in this series I left off where my dream job had turned into a nightmare and I wanted out. Today I continue this series by giving details on the next position I held. After biding my time for two years, working hard and yet still wanting a new job, opportunity came knocking. I was approached about working for a new web start-up in our industry that had $40 million … [Read more...]

Filed Under: About, Career

Millionaire Interview 5

February 22, 2017 By ESI 41 Comments

Here’s my latest interview with a millionaire as we seek to learn from those who have grown their wealth to high heights. If you’d like to be considered for an interview, drop me a note and we can chat about specifics. Today's post is special because it comes from a fellow blogger, PoF from Physician on FIRE. I think you'll really enjoy this! My questions are in bold … [Read more...]

Filed Under: Interviews, Millionaires

Monday is the Best Day in Retirement

February 20, 2017 By ESI 20 Comments

To most of the world, the best day of the week is Friday (because the weekend is coming), Saturday (because there's no work), or Sunday (because there's no work). Here and there you might see other days make it into the "best day" discussion, but those three definitely lead the pack. I know they were my favorite days when I was working. You know what never gets … [Read more...]

Filed Under: Retirement

My Income Tax Preparation Process

February 17, 2017 By ESI 12 Comments

I am knee deep in tax stuff this time of year. How about you? Are you done with taxes or do you still have them left to complete? I thought I'd take a break from the mind-numbing work to share how I prepare for mine. As you probably know, I use a CPA to do the hard work. And I have some good reasons why I do. The highlights of my process: I track EVERY expense and … [Read more...]

Filed Under: About, Taxes

Mainstream Financial Experts Are Experts at Creating the Illusion of Competence

February 15, 2017 By ESI 21 Comments

Do you feel another ESI Money rant coming on? Me too. :) I've noted previously how many "financial experts" (or at least people who hold themselves out to know something about money) in the media really know very little about it. If you want to see my thoughts on the subject, see Why Another Financial Website? and Buying in Bulk is Always Cheaper. This has been my … [Read more...]

Filed Under: Not Experts

Help a Reader with Housing Advice

February 13, 2017 By ESI 27 Comments

I recently had a reader email me and ask about buying a house. I suggested he write something up, I'd post it, and we'd let the ESI Money community weigh in on the subject. Here's his background/questions: ​​I know home ownership is more than an investment but I am trying to ensure my first time purchase in the near future is not a money pit and something that can … [Read more...]

Filed Under: Help a Reader, Real Estate

My Jobs, The Dream Job Turns into a Nightmare

February 10, 2017 By ESI 15 Comments

Last time in this series I shared some of my career history and left off where I had just accepted my dream job. Today I want to continue this series by giving details on the next position I held. The dream job was everything I had hoped it would be -- lots of great projects, interesting people to work with, a growing company with lots of energy, a bigger title, more money, … [Read more...]

Filed Under: About, Career

Living Like No One Else

February 8, 2017 By ESI 34 Comments

When I gave my one year blog update, I asked if there were any topics readers wanted me to cover in year two. One reader commented as follows: You must have done a fair amount of "living like no one else" to reach financial independence at your age, especially in relation to your socio-economic peers. What were some of the specific lifestyle choices you and your family made … [Read more...]

Filed Under: Save

What to Do When You Save too Much for College

February 6, 2017 By ESI 33 Comments

Just when you thought filing your taxes was the most complicated thing you'd have to figure out financially, along comes a problem like this. Let's start at the beginning... There are a couple of things you don't know when saving for college: Will my children even go to college? If so, how much will college cost them? My wife and I answered these questions many … [Read more...]

Filed Under: College

Retirement Six Month Update

February 3, 2017 By ESI 20 Comments

Can you believe it's been SIX MONTHS since I retired? In some ways it seems like yesterday but mostly it seems like eons ago...in a good way. My last retirement update was at 100 days. Here's what I've been doing since then: I'm still busy!!! How did I ever find time to work and do all the stuff I'm doing now? The days pass quickly and there's always more left to … [Read more...]

Filed Under: About, Retirement

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