Minimum Monthly Spend (MMS)
In my last post, I conducted an analysis of my family’s spending in order to ready it for some drastic reductions in response to the unprecedented times that we find ourselves in today with the COVID-19 pandemic. Besides getting a better understanding of my household’s historical spending, the goal of that exercise was to first […]
COVID-19 Pandemic – Were You Prepared With An Emergency Fund? How Will You Navigate the Months Ahead?
It is during times of crisis and panic that people finally realize the importance of an emergency fund. I know it’s not sexy or cool to have a bunch of cash sitting around…especially when others say that that cash could be working for you. But I’ve met a lot of people over the years who […]
Where Were You When The World Shut Down?
It didn’t even seem possible! We had all heard about this COVID-19 virus that was sweeping through China. And then it spread to Europe, Italy being particularly hard hit with its aging population, the majority of whom suffered several comorbidities (underlying conditions). The US responded by shutting off travel in and out of the country. […]
Be Greedy When Others Are Fearful!
If there is ever a time to turn to the great Oracle of Omaha it’s in times of market volatility. Warren Buffett reminds us as investors that “It is wise to be fearful when others are greedy and greedy when others are fearful.” This goes against human instinct, as most of us panic in times […]
My PoF Guest Post (From 2.5 Years Ago)
I have now shared almost every single guest post I’ve ever written since starting this blog 5.5 years ago. Below is the guest post that introduced me to Lin, who is now the editor of this blog. Like I’ve done with past guest posts I’ve shared, I will sprinkle in current annotations with comments and […]
February 2020 – Detailed Financial Report #62 – Net Worth $1,814,003 | Income $490,518
It’s a bird! It’s a plane! Nope – it’s just another month passing by. From a financial perspective, the year has been off to a stellar start. However, as you may have noticed in some of my earlier posts this year, it has personally been very challenging. It’s been a perfect storm of sorts. It’s […]
