Should you borrow from your 401(k) because you think a recession is coming?
No. You should not.
This silly question was sprung on me by Erik during my appearance on his now defunct 9168446002. While I had a great time during our conversation on the air, I feel like I left a thing or two out of my answer.
Spending time in the personal finance community, I read about side hustles all the time. Iâm all about finding ways to earn some cash beyond the 9-5 grind. The problem Iâve always had with many of these ideas is that my time is limited. Many of these side hustles seemed to provide a small reward for small pay and donât even seem fun.
Most of us set our 2018 goals or resolutions in December or January.
I did, too. You may have read mine back then.
Setting goals is the easy part. The real work comes in getting them done. Itâs time for my second quarter check-in.
Here we goâ¦
Continue reading “2018 Q2 Goals Check In: Crushing it or Nah?”
Life has been a bit hectic this week. Unfortunately, I donât have a new post for you on Winning Personal Finance.
I may have something better though. A guest post, PLUS a podcast appearance!
Continue reading “Can You Have it All? (My Everyday Money Podcast Appearance)”
My single greatest personal benefit since my wife left her job wasnât what I expected.
I love knowing she no longer has to deal with âwork stress.â Iâve thoroughly enjoyed the benefits of her growing from a very good cook to a fabulous one. Itâs also great not having to drop the kids at daycare for 12 hours a day.
The best part for me, though, is that our weekends have been freed up. Itâs amazing to have that time back to have fun instead of going shopping!!!
It turns out, in this respite from visiting stores myself, my shopping muscles have gotten soft. This post is my reminder. Shopping is hard – Donât be a sucker.
Continue reading “Shopping is Hard – Don’t be a Sucker”
The focus of Winning Personal Finance is to help others make effective financial decisions.
In order to explain why Iâm so passionate about this goal, Scott, from Making Momentum asked for my interview and I was happy to oblige.
It covers a little bit of everything. My personal background that I had not shared before, life and blogging goals, money advice to youngsters and much more.
I think itâs really good and not just because I wrote it. Read the full post on Making Momentum.
Not convinced to click over yet?
Here are a few of my favorite quotes from the post:
In June of 2017, my wife and I took a weekend âbabymoonâ to relax before the arrival of our second son.
At dinner, I casually mentioned that I was thinking of starting a blog. My wife practically spit out her drink. She asked, âdo you even know what a blog is?â
Her surprise to my new idea wasnât surprising to me. Iâve always been more of a spreadsheet person – not a writer. Before starting this site, Iâd made a grand total of two social media posts in my life.
There were a few things that she didnât know that led me to start Winning Personal Finance.
During my junior year of college, a friend taught me the rules of Texas Holdâem poker and I caught the bug – hard.
When I told my mom about my new hobby, she freaked out. She didnât want her son to become a âgamblerâ and wanted me to stop playing this game immediately.
After spending some time in casinos with true gamblers, I understood her sentiment. Gamblers are losers. Nobody wants their kid to be a loser.
I’m teaching my preschooler to play poker anyway!
Continue reading “Iâm Teaching My Preschooler to Play Poker – Here’s Why”
I strongly believe in saving and investing.
Thatâs probably not a surprise to most of you. I donât think you need me to write a post about why you should save money. You already know that.
You have 7813512060 and dreams and an eventual plan for your savings. Unfortunately, most of us are not saving as much as we want. Today, Iâm going to share an easy hack to help you save more money and become a millionaire.
The best part is, you wonât even feel the pinch!
After last weekâs monster post on choosing between a Roth or Traditional 401(k), Iâm a bit tired of the writing. Thankfully, my fellow New Jerseyan, Mike, from Budget Kitty offered to share a personal story with us.
Itâs important to remember that outward appearances are not always what they seem. Keeping up with the Joneses can be a dangerous approach to life.
Take it away Mike…