2015 content curation

March 2015 – Content Curation

Gen Y Finance Guy Curated LInks 32 Comments

This monthly series is my attempt to curate the web for you. I probably consume more content than one person should, but I am kind of a knowledge junkie. I don’t just consume content for the sake of consumption. The goal is always to learn something, gain a new perspective, contribute to the conversation, and fuel the idea factory. Reading is exercise for the brain and just like the body, it needs plenty of it to stay healthy. In any given month I try to read at least 3-5 books. I also have over 100 different blogs that I follow from my Feedly app. In addition to the books and the blogs, I also listen to about a dozen podcasts. And then …

Anatomy of a Side Hustle: How I made $18,000 at an effective rate of $100/hour

Gen Y Finance Guy Featured, Income Streams, Side Hustle 41 Comments

Your 9 to 5 will make you a living, but your 5 to 9 will make you alive. -Nick Loper, Side Hustle Nation A side hustle is anything you do outside of your main hustle (your JOB) to earn money. I personally think that everyone should have a side hustle, even if only for the tax benefits. The extra income is really nice, too. Everyone has their own reason for starting a side hustle, but here are a few reasons why you might want to consider starting one: To Earn More Money To Pay Off Debt To Learn New Skills To Work On Something You’re Passionate About To Quit Your Day Job (Eventually) To Diversify Your Income Streams For the Tax …

Paying Off Your Mortgage Early vs. Investing The Extra Payments In Stocks

Gen Y Finance Guy Mortgage Snowball 43 Comments

Over the last several months I have written about how I plan to pay off my 30 year mortgage in 7 years and also debunked the whole loss of the tax deduction. In the post about losing out on the tax deduction I presented the math that proved the interest savings over the 7 years was far greater than the loss in the tax savings as a result of lower tax deductions. The math showed that while I lost $10K due to an increased tax bill over the 7 years, the interest savings more than offset that with a total savings of $27K or a net savings of approximately $17K. In that same post, I briefly addressed why I am doing this vs. investing the extra money in …

February 2015 – Detailed Financial Report #2

Gen Y Finance Guy Monthly Financial Reports 27 Comments

Wow! Where does the time go? I can’t believe that it’s already time for my 2nd detailed financial report.  I can honestly say this is the post I get most excited about writing each and every month. These reports are a way for me to track my progress and stay accountable to my goals. But it’s also one of the many ways I try to humanize finance for all of you reading this blog. By the way, did you notice we officially have a mission statement? To Humanize Finance, Build Wealth, and Reach Financial Freedom. It has been something that has been on my mind for a while. It has finally been articulated into words and can be seen by all on the home …

Nominated For The Liebster Award

Gen Y Finance Guy General Information 20 Comments

Many of you may be asking the same question I did after Brian from Debtless in Texas nominated me for the Liebster award on Twitter the other day. After doing a little research I discovered that this is a cyber award that has been circulating the web for at least a few years now. The intention of the award is to get to know the nominated blogger and to discover other really cool blogs that you may have never heard of. It is another great example of how so many bloggers in the personal finance arena pay it forward. I would like to first thank Brian from Debtless in Texas for the nomination and for serving our country. It is the service …

I Just Brought On a CEO To Help Run Things Around Here

Gen Y Finance Guy General Information 12 Comments

I recently brought on a new CEO. That’s right I now have a Cheif Englush Occifer. (Mr. CEO here…Gen Y Finance Guy, how many times do I have to remind you that it’s Chief English Officer??? Don’t worry folks, this is the last time you will see these annoying little errors. My job is to make sure you can focus on the content and not worry about spelling and grammar). Well, that was a bit embarrassing.  But this blog is all about honesty and transparency and it’s not exactly a secret that writing is a skill that I am still developing. If we are being completely honest here, I never thought I would ever be doing something that involved writing on …

Everyone Has a Number – Mine is $10M. What’s Yours?

Gen Y Finance Guy Financial Freedom 68 Comments

“Most people fail in life not because they aim too high and miss, but because they aim too low and hit.”― Les Brown Many of you reading this found me through my guest posts over at Financial Samurai and 1500 days. Ever since those posts went live, I have been getting a lot of questions about my $10,000,000 net worth goal. Some people think I am nuts and question if I really need that much money. But even more than that, they want to know how I plan to get there by the time I am 48. I have a tendency to set goals and then work backwards, or “reverse engineer.” When I set that goal I had no idea how I was …