My Superpower: I Can Predict The Future – And It Says RECESSION

A recession will happen at some point. Be prepared.

You guys! I have this awesome superpower: I can predict the future. Thankfully for you, I’m not going to be selfish with this amazing power. Here’s something this power told me: a recession is coming. Seriously. You see, markets tend to be cyclical in nature. After a bull run – when the markets perform well and everyone’s feeling happy – there typically comes a recession. And boy, have we had a long bull run already of nearly 9 years. What goes up, must come down, as they say. That’s true of a baseball (unless you can throw it at escape velocity of 25,020 miles per hour in which case you might have a more badass super power than I do) […]

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Time is Your Best Ally

Time is your best ally when it comes to investing

When it comes to investing, lots of beginners just don’t know where to start. That can be a problem, because instilling bad habits from the onset means that changing them down the road is more painful. And it means that going the easy route while you’re young can make for a more challenging future. After I graduated college, I got a job in IT making decent money. I wasn’t rolling in the dough like some folks, but it was a comfortable salary. I remember not being content with the paltry 4% match provided by my company’s 401(k), so I doubled my share to 8%. With their match, I was putting a whole 12%. While twelve percent isn’t exactly something to […]

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What’s Going On in the Blogosphere: Episode 18

The personal finance blogosphere - the world of blogs - is vast

Each week I’m going to try to put together a list of 3-5 great blog posts I’ve read from other personal finance bloggers. These posts are a collection of things I find interesting and thought-provoking, and if you like the content I’m posting I’d encourage you to check out some of the posts in this list. There are many more posts I recommend throughout the week on Twitter – if you aren’t following me yet, please head over there and give me a Follow or follow me on Facebook. Budgets Are Sexy: How Will This Move Me Forward? A simple question that J$ at Budgets Are Sexy ponders. In everything you do, simply ask: how will this move me forward? It comes from […]

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Paying Off $250,000 of Debt And Full Of Doubts

paying off debt

You guys! I have an awesome guest post this Friday from the one and only Mrs Picky Pincher. Mrs PP is a frequent reader of MwM and one of my favorite bloggers! Mrs. Picky Pincher is the blogger and money-saving maven at Picky Pinchers. She writes about paying off debt while living the good life.  Today she’s sharing a bit of her back story and some of the battles she and her husband have been going through on their journey to knock out a quarter million dollars of debt. Back in the summer of 2015, I was newly married and spectacularly clueless about money. Even though I was flushing my earnings down the toilet in the form of Starbucks and salon […]

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I Hate Starter Homes

When did it become uncool for a start home to be a forever home?

You know what really grinds my gears? Starter homes. Those “2 bedroom 1 bathroom homes perfect for starting a family!” It’s not that these houses are inherently bad. There’s nothing especially repulsive about them. And it’s not the house itself that I hate. It’s the term. This subliminal marketing that says “Eh, it’s a nice home for NOW, but you NEED something better. After all, this is just for starters, later you should get something bigger and better.” This thought that all families must expand, and everyone wants more space is just false. Non-Expanding Families At least here in America we’re obsessed, in general, with more space. Many construction companies will flat out turn down projects to build homes under […]

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Why We Sell ESPP Shares ASAP

Avoid volatility and unnecessary risk. Sell ESPP shares ASAP

Employee Stock Purchase Plans, or ESPP’s, are one of my favorite under-cover savings mechanisms. They present a great opportunity to squirrel away some money without thinking about it too much. In fact, my Employee Stock Purchase Plan at a previous company was precisely the way we were able to afford to pay our wedding in cash and save up for a down payment. If you’ve got the option to participate in one at work, they can be great. But there are some things to look out for that could catch you off guard. Basic of ESPP’s I’ve outlined the basics of Employee Stock Purchase Plans before, but the concept is simple. Let’s talk about Kristin’s plan – a 423(b) Employee […]

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What’s Going On in the Blogosphere: Episode 17

The personal finance blogosphere - the world of blogs - is vast

Each week I’m going to try to put together a list of 3-5 great blog posts I’ve read from other personal finance bloggers. These posts are a collection of things I find interesting and thought-provoking, and if you like the content I’m posting I’d encourage you to check out some of the posts in this list. There are many more posts I recommend throughout the week on Twitter – if you aren’t following me yet, please head over there and give me a Follow or follow me on Facebook. Chris Reining: Do what you hate to do what you love Chris Reining retired at 35. He was done with the traditional work environment and decided he wanted more out of his life. But […]

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Why We’re Going To Pay The House Off Early

Homes may not be a path to guaranteed wealth, but we're still paying ours off early.

Before we even signed on the dotted line to have our home built, Kristin and I knew we were going to pay off our house early. Ever since I paid off my car, I’ve avoided all debt. Kristin worked her ass off in college to avoid taking out student loans. It’s fairly accurate to say that in general we are pretty debt-averse. To us debt feels like it weighs us down, limits us, and just is another thing to think about. The less of it we can have, the better off we will be. But a mortgage is a different type of debt than we’d had in the past. It wasn’t credit card debt or a loan on a depreciating […]

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We Cut The Cord (Kind Of)

We're changing the way we take control of our entertainment

It seems more and more people are trying to cut the cord these days. We’re no exception, and we had a perfect opportunity to try it. When we moved into our house, we were unable to transfer our existing cable TV and Internet package through Comcast due to an exclusive deal with another ISP. So, we had a choice to make: when we got new service, would we get actual cable TV through the internet company again? Or would we stick to just internet and find an alternative for watching TV? We did some soul-searching. And by that I mean we figured out if we could make it work. For us, it was making sure we could still watch the shows […]

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Hiring Movers Kept Us Sane on Moving Day

Did you guys hear?! Kristin and I built a home. Our own home! And the great thing that came with it, was the requirement that all of our stuff magically move from our temporary apartment to our beautiful new house. Moving sucks. It’s one of our least favorite things (definitely moreso for Kristin than for me). Since Kristin and I met about four and a half years ago, I had moved 5 times. Kristin had also moved 5 times. It’s a LOT of moving, and something that we were sick of. We wanted to make this 6th move the last one for a while (ever?), but it still needed to get done. Why We Hired Instead of DIY Kristin begged […]

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