How Do You Eat An Elephant?

I went to a financial bloggers conference last week.  Yep, betcha didn’t know such a thing exists.  Well, it does.  It is called FINCON, it has been going on for 7 years and one of the taglines is “Where Money Nerds Unite”.  Gotta love that!  Now, I have a t-shirt that says it!

My goal for the conference was to learn how to get more eyes on my blog.  I want to help more people.

1199 young, smart, driven folks were in attendance.  And me.

Continue reading “How Do You Eat An Elephant?”

Your Retirement Match Is Worth More Than You Think!

If you read my path to financial freedom carefully, you may remember one of the steps was to contribute to your retirement plan at work at least up to the employer match.

When an employer offers a retirement plan, they often incent you to participate by matching all or a portion of your contributions.  When I retired, my employer was matching one-quarter of my contributions of up to 6% of my salary.  So when I put 6% in, they put 1.5% in.  Many companies have a match far better than this one. But even with this match, over $36,000 of my 401k balance was from my final employer’s match when I retired.  Add in my other company matches and I’d expect the current value is over $100,000!

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Don’t Let Perfect Be the Enemy of Good

I remember writing this reminder on the office whiteboard–Don’t Let Perfect Be the Enemy of Good.

Too often we want to do something just, exactly, right and if we don’t have the time or the knowledge to get it exactly right, we don’t attempt it at all.

This makes sense when you are creating an artistic masterpiece or preparing a speech to be delivered to hundreds of people.

It doesn’t make sense for many personal finance tasks including preparing a budget or tracking spending.  Rather than seeking out perfection, Nike’s slogan of Just Do It would be more appropriate.  Just sit down and do something. it won’t be perfect but it can be tweaked next week, next month or next year.

Preparing a budget is an art, not a science-there’s no right answer.  It is based on your best guesses.

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My Favorite Post This Week

The secret of a happy life summarized in three words:  Work Worth Doing.

By Chief Justice Sandra Day O’Connor as told to Gretchen Rubin.

Gretchen believes she takes a very broad view of what counts as work worth doing.

Your work worth doing can be raising children, having a rewarding career, your creative endeavors or anything else that is important to you. Our goal should be that everything we do is worth doing.

If you aren’t already following Gretchen, I recommend her books The Happiness Project or Better Than Before, her blog and her podcast.  I’ve learned many useful things about happiness and achieving goals from her.


I receive a small commission if you order Gretchen’s books (or anything else) through these Amazon links–I appreciate your support of this blog.

You Have to Be Different If You Want to Retire Early

I just read a great article titled The Money Boss Budget by J.D. Roth.  J.D. dissected the Consumer Expenditure Survey and derived the Average American Budget:


The average American directs 8% of their after tax income to savings or debt reduction.

Continue reading “You Have to Be Different If You Want to Retire Early”

Oh, The Temptations!

If your goals include reducing or controlling your spending, you’ve got to figure out ways to tame the temptation beast.

The world we live in now has so many more temptations than when I was in my 20’s and 30’s.  There was no facebook, instagram or Kardashian’s (thank God!).  The world was smaller and there were fewer Jones’s to keep up with. Continue reading “Oh, The Temptations!”

How could you use your tendency to meet your goals?

I love my fiction reads but I mix in books that inspire me or teach me something every couple weeks.  Recently, I’ve been enjoying books by Gretchen Rubin.  She is the NY Times bestselling author of The Happiness Project and Better Than Before.  

In Better Than Before, Gretchen identified four tendencies that we each fall into.  These tendencies dictate how we respond to expectations.

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How Do You Stay Motivated?

I had dinner with two young couples last week.  They’re about the age our kids would be if we had kids.  Talk turned to this blog and then to financial choices in general.  Both couples had questions about how to do a budget and I hope Mr. Ms. Liz and I were able to help.

One of them mentioned that wanting to buy that next toy keeps him motivated to sell more and make more money.  The desire for the next bigger thing allows him to be his most productive self.  He has said similar things in the past so this stuck with me and I’ve thought about it a lot.

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Money and Marriage

Boy, this can be a tough one.

I came into marriage with some baggage from my childhood and a vision for what it meant to be a professional woman.  Both of these put me in opposition to the ways couples traditionally treat money in their marriage.

First, the baggage.  My parents fought about money . . . a lot.  It was a constant undercurrent in their marriage.  My Dad was what we’d call frugal today.  My Mom was more towards the middle on the frugal-spendy spectrum.

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