I’ve said this before, and I’ll say it again: INVEST, SAVE, OR SPEND EVERY DOLLAR (IN THAT ORDER) Conventional wisdom says “you need to budget” your money. Then there’s the wisdom of those against budgets and their argument often goes like this: each January 1st, you tell yourself “I’m going to budget better,” but then […]

A lot of people think that they can afford something if they can take it home from the store without stealing it. Sure, you can buy it, but can you afford it? This distinction is exactly what lands so many people in credit card debt. If you need to make the minimum payments on your […]

In one of my most recent posts, I spoke about my slightly unconventional approach to paying off my car loan. In short: I paid off a very large portion of it very early on in the loan, but not all of it for two reasons – 1. to minimize my total interest paid; and 2. […]

Dan’s Unconventional Approach to His Car Loan   As I’ve posted earlier in this blog, my wife and I purchased a new car in December, 2016. The price was worked down to $26,000 and we put $9,000 down meaning we took a loan for $17,000 at 2.05% APR for 36 months. If I paid the loan […]

How many times have you seen kids straight out of high school or fresh out of college driving a brand new higher end car? Why is it that Facebook and Instagram show us pictures of our peers “living the dream” with high end toys and exotic vacations? Millennials tend not to have a good concept […]

For the last 6 years of my professional career, I’ve had coworkers ask me where I get all my money. “We do the same thing, so where is all of your money coming from?” is usually how it goes. Long story short, there is no big secret or scam, just smart placement of my money! […]