42 Days Later…

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The last time I shaved my face was on my wife’s birthday 42 days ago on September 30th, 2014. Needless to say, I have a decent start to an awesome beard. Starting this blog has given me a huge opportunity to self-reflect and ponder the future. A lot has happened since I started this blog a little shy of a month and a half ago. Besides the beard, I have had amazing new opportunities open up at work. I absolutely believe that this blog has forced me to live more intentionally and the power of intention is alive and well. Now this doesn’t mean I will now abandon all the work I have done to diversify my income and reduce my …

Memento Mori – Remember Your Mortality

Gen Y Finance Guy New Rules, Words To Live By 22 Comments

Yesterday is history. Tomorrow is a mystery. Today is a gift, that’s why it’s called the present! Last week I shared a post on time, and this week I would like to follow it up with something I started back in late 2011 or early 2012. As a quick reminder, we all get a daily deposit of 86,400 seconds a day to spend and invest however we choose. It doesn’t matter who you are or where you come from, you get the same exact deposit. You can’t buy more time. Once you use it, you lose it. Any unused balance is deleted from the ledger and the balance reset. There is no guarantee tomorrows deposit will come. Memento mori (Latin ‘remember (that you have) …

Time - Huge Deposit

My Huge 86,400 Deposit…And I’m Going To Spend It All

Gen Y Finance Guy Words To Live By 4 Comments

Imagine there is a bank that credits your account each morning with 86,400. It carries over no balance from day-to-day. Every evening the bank deletes whatever part of the balance you failed to use during the day. What would you do? Draw out every cent, of course! Each of us has such a bank. Its name is TIME. Every morning it credits you with 86,400 seconds. Every night it writes off as lost whatever of this you have failed to invest to good purpose. It carries over no balance. It allows no overdraft. Each day it opens a new account for you. Each night it burns the remains of the day. If you fail to use the day’s deposits, the …

Financial Truth

The Financial Truth: There’s a limit to how much you can cut expenses, but there’s no limit on how much you can earn.

Gen Y Finance Guy Featured, Financial Freedom, New Rules 15 Comments

Do you want more from life? More money? More freedom? More security? More time with friends and family doing the things you love? I don’t know anyone that would say no to these questions. That’s not to say that there aren’t plenty of people out there that are completely content with their lives. Maybe they have all the money, freedom, security, and time they need and want. I need to let you in on a Financial Truth when it comes to your finances. There is a natural ceiling on how much you can save, but how much you can earn is limitless. Now that we know that universal truth, let’s take a look at the two ways you can build wealth: 1) You can spend less. Unfortunately there is …

Markets don't go up forever

Markets Don’t Go Up Forever!

Gen Y Finance Guy Financial Markets 1 Comment

Here are some questions that could be going through your head: With the market down close to 10% from the September high of 201.9, is this a buying opportunity? Should I be short the market betting there is more downside to come? Is the Bull Market over? How do I prepare for the next “opportunity of a lifetime?” After hitting a low of 660 back in March of 2009, is this Bull Run finally over after 6 impressive years? How does the Feds’ decision to end QE this month play into the recent price action over the past month? Is it a coincidence? Are prices still over-valued? Are we entering a new Bear Market? Will volatility be short-lived or remain elevated for some time to …

Debt - Good vs. Bad

Managing Debt: The Good, The Bad, & The Ugly

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Debt has such a negative connotation associated with it. I think most of the negativity stems from the irresponsible issuance and management of debt. The Great Financial Crisis of 2008 came with a massive unwind of debt that had been building up over several decades prior to this defining moment in history. Is debt bad? Is it evil? Should it be avoided like the plague? My gut answer would be, “it depends.” I will get to that in a minute in more detail. But as a rule I would say that my philosophy is to earn interest rather than pay interest. At least that is my goal. At the end of the day I think there can be an argument made for …

Getting Older

I’m 28 years old, now what?

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By the time this post goes live I will be 28 years old. But unlike many of my friends, I still don’t feel any older. In all honesty, I still feel like I am 16 years old but with a lot more knowledge and life experience. You could say that I’ve matured (even that is questionable), but I will never grow up :). The picture you see in this post is the Del Mar Ocean, where my wife has whisked me off for the weekend. As you can tell from the picture, the view from our condo is absolutely stunning. The sunset last night was even more amazing. I am grateful to have the privilege to be able to do things like this. …

American Dream

We Don’t Have Our Parents American Dream

Gen Y Finance Guy New Rules 3 Comments

The world is changing. There’s a feeling in the air today, around America and throughout the world, that what people believed about financial security and prosperity is no longer true. A lot has changed in the last [six] years. You have three ways to react to these changes. First, you can stick your head in the sand and hope that everything returns to normal – but that isn’t happening. Second, you can blame others and demand that prosperity and security be given to you because you believe it is your right to have these things – but this won’t occur, and even if it did, it would only come with a terrible price to pay. The third option is to take …


The Lyft Experiment

Gen Y Finance Guy Financial Freedom, Income Streams, New Rules, Share Economy 3 Comments

The best thing about this day and age is there are so many alternative ways to earn money. In a previous post I talked about how I was embracing the “Share Economy,” whereby you basically find a way to earn money with the “excess capacity” in the things you already own. A few posts ago I talked about leveraging the share economy to rent a room out in my house (think Airbnb and Craigslist), today I want to talk about my newest experiment with Lyft. Ride share apps like Lyft (and Uber) are disrupting the taxi business (and possibly other businesses in the transportation space). The app that each of these companies provide is easy to use and removes friction from …

I Make 6 Figures But I Hate My Job

I Make 6 Figures But I Hate My Job

Gen Y Finance Guy Career, Featured 40 Comments

Let me be the first to come out and say that I never thought I would say that I hated a job that brought home six figures. And let me tell you why: I grew up dirt poor and lived on welfare as a kid. I slept on the floor of my grandmother’s two bedroom apartment with my other 4 brothers. Which by the way, the house was in a very poor neighborhood and was a part of section 8 housing, which means the rent was subsidized by the government. So normal rent might have been $1,000/month. However my grandmother was only responsible for $125/month, which she struggled to pay. My mother has never held down a job in her …