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United States from space, at night

How We’re Investing for Financial Independence

It’s not exactly a secret that my wife and I are investing our money with a goal of financial independence. We achieved our goal of complete debt freedom – including our mortgage – in 2011, and so our natural follow-up goal was something even bigger, especially considering that we were no longer sending out a …

Categories: Investing

Betterment vs. Wealthfront

As I explained in previous posts, I’m on a quest to roll over my old 401(k) into the best retirement account I can find. My account currently stands at around $85,000. I socked this money away in my 20’s by living very frugally, but it’s sitting in an account at my old job where I …

Categories: Investing, Retirement

Questions About Loan Forgiveness, ETFs, Entrepreneurship, and More!

What’s inside? Here are the questions answered in today’s reader mailbag, boiled down to five-word summaries. Click on the number to jump straight down to the question. 1. Viability of loan forgiveness program 2. Philosophy of personal finance 3. Another reason for emergency fund 4. Questions about ETFs 5. Brown bags cost effective? 6. Maximizing …

Categories: Reader Mailbag

10 Best Entry-Level Jobs With Long-Term Potential

If you’re fresh out of school without much experience, you’ll probably have to take an entry-level job — but that doesn’t mean you have to stay in that position forever. Even when you’re starting at the bottom of the pack, you may have the opportunity to work your way up if you’re able to prove your work …

Categories: Careers

Inspiration from Walt Whitman, Carl Sandburg, Coffee Houses, and More

Once a month (or so), I share a dozen things that have inspired me to greater personal, professional, and financial success in my life. I hope they bring similar success to your life. 1. Khaled Hosseini on fear “It’s a funny thing… but people mostly have it backward. They think they live by what they …

Categories: Inspiration

20 Ideas for a Frugal (Not Cheap) Wedding on a Budget

“Angela” writes in: What advice do you have for a frugal wedding? We’re getting married this fall and want to explore as many cheap wedding ideas as we can. Since we are both in our early twenties and don’t have a lot to spend, we were hoping to keep our wedding as small as possible. …

Nine Steps to Prepare for an Upcoming Job Loss

At my previous job, I was employed for a while on a series of annual contracts that were renewed each May. The money that funded those contracts came from a series of research grants, as most of my job was oriented around helping process, organize, and distribute enormous piles of data. This meant that for …

Categories: Careers

10 Booming, Mostly Blood-Free Healthcare Jobs for the Squeamish

Close your eyes and imagine yourself in a rewarding career in healthcare. What do you see? Chances are, you picture yourself performing a whirlwind of procedures, providing the hands-on care that not only keeps patients comfortable, but also saves lives. Meanwhile, you might also imagine a job that involves a lot of blood, guts, and …

Categories: Careers

A Random Walk on Life’s Street

“One can choose to go back toward safety or forward toward growth. Growth must be chosen again and again; fear must be overcome again and again.” ― Abraham Maslow This quote sums up in two brief sentences what I view to be the chief challenge of personal finance: choosing positive personal finance progress when we …

Categories: Getting Started

Light Bulb Showdown: LED vs. CFL vs. Incandescent

Just a couple decades ago, light bulbs were light bulbs. No matter your budget, you really had only one choice when it came to interior lighting options for your home: Head to the hardware store and pick up some incandescent bulbs, choosing a wattage based on how bright you needed the light to be. But …

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