I'm not sure where I saw it, but someone I follow online mentioned that they were reading The Old Money Book and recommended it to others. Always on the lookout for a good money book, I went to my library's website to see if they had it. Nope. I then hopped on Amazon to check it out. I liked the fact that it had two (not just one) subtitles. They are: "How to … [Read more...]
How Much Economic Outpatient Care is Too Much?
As most of you know, my favorite personal finance book of all time is The Millionaire Next Door. It's not because I think it's "the best" personal finance book (I don't know if there is one that I'd label the best, though I have named my top five) or because millionaires read it more than any other money book. No, it's more personal than that. I love the book because it … [Read more...]
Dave Ramsey’s Two Questionable Numbers
It seems there are two groups when it comes to the subject of Dave Ramsey's financial advice. Group 1 are staunch advocates of Dave's. They love him and his advice to death. They defend him in all circumstances. They are rabid fans, not afraid to share what they've learned and spread the gospel according to Dave. It's worth noting that many of these people have either … [Read more...]
The Crossover Point: The Original Measure of Financial Independence
Back in 1992 I 1) was married for less than a year, 2) had just started to grow my career, and 3) knew virtually nothing about managing money. The terms "FIRE", "financial independence", and "financial freedom" were nowhere to be found, at least compared to how they are today. And they idea of financial independence/retiring early was certainly not as widespread. In fact, … [Read more...]
My Favorite Podcasts
I have been a life-long learner. Even as a young boy, I read quite a lot (mostly fiction) and enjoyed learning new things. As I got older I went to college and then graduate school which involved lots of learning, of course. But instead of stopping there, I kept reading both books and magazines, especially on personal finance and topics related to my … [Read more...]
The Seven Steps to Discovering a Great Retirement
Well, we may have a new contender for "best retirement book"! For years I have recommended How Much Money Do I Need to Retire? as my top retirement book. It's an awesome book and one of the handful that I've ever read 3+ times. The book made my list of the only five money books anyone needs to read -- it's that good. Plus I know the author personally. He's a very … [Read more...]
Money Lessons from Failure, Part 2
Today we're going to continue sharing thoughts from How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life, a book that I recently read and loved. If you missed the first post in this series, check out Money Lessons from Failure, Part 1. We covered the first three (quite interesting) points in that post. So now let's pick it up now where we … [Read more...]
Money Lessons from Failure, Part 1
I've been reading a lot lately now that I have a couple extra hours each day (since selling Rockstar Finance). One book that I've enjoyed immensely is How to Fail at Almost Everything and Still Win Big: Kind of the Story of My Life. It's written by Scott Adams, the creator of Dilbert. I think it's supposed to be a self-help/advice/success book but it's difficult to … [Read more...]
Defining Retirement
Wow, we have had quite a run recently. It seems there's just one great money book after another these days! It started last fall with the release of The Next Millionaire Next Door I covered this book in several posts including: The Next Millionaire Next Door The Characteristics of Successful Investors Self-Reflection: A Critical Step Before … [Read more...]
Frugalwoods: Finding Fun and Fulfillment in Frugality
I have shared several times that I walk a lot every day (it's one of the perks of retirement!). Last year I averaged just under 17k steps a day. I want to do the same (or better) this year. To get this many steps I usually walk several times a day including: After my workout, I take the long way home. By the time I reach our house I have about 10k steps for the … [Read more...]
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