I have a confession. I don’t make my bed in the morning. Some productivity experts say that you need to make your bed in the morning so you get that easy win that sets you up for the day. My easy win is waking up before my kids so I don’t get startled awake. Getting […]
Whether you know it or not, you have a financial system.
If you didn't sit down and explicitly design it, it may be a little messy. It may have accounts you no longer need, credit cards you stopped using, and other relics you need to clean up.
It may not have some features you'd otherwise want but just haven't gotten around to because life has a funny way of getting in the way.
This category focuses on the big picture systems you put into place to make the rest of your life easier.
When I was a kid, I tried talking to my parents about money. I was told that I needed to focus on school and let the parents focus on the money. I grew up in a moderately strict Chinese American family. We had rules but they weren’t ridiculous. A focus on academics but not at […]
When we started working with a financial advisor a few years ago, there were very few things that surprised me. Since we’d already created a financial plan without an advisor, I had my savings goals all set up, my plan of attack, and everything was feasible given our financial situation. Where we had holes were […]
Years ago, I dropped my business card into one of those fishbowls near the front door of a restaurant. You’ve seen them too – put your card in a fishbowl to win a free dinner for you and eight of your friends! I just graduated college, was working for the first time, and I had […]
If you have bad credit, you know how hard life can be. Something as simple as getting a cell phone is near impossible. Most stores will require a credit check before they give you a $500 cell phone on the promise you’ll keep paying the monthly fee for two years. You may not even be […]
I grew up on Long Island near the State University of New York’s Stony Brook campus. We lived about fifteen minutes from a variety of beaches and docks. From time to time, we’d walk around the docks and I’d look at all these beautiful boats just bobbing in the water. We never owned a boat. […]
Your credit score is one of those chicken and egg type of problems. If you want a good credit score, you need to show you’re a responsible user of credit. But to do that, you need to have lines of credit – loans, credit cards, etc. Buuuuut to get loans and credit cards, you need […]
Every day, once we get home, we toss our stuff on the island in the kitchen. Over time, things accumulate and eventually we run out of space. Things that should be put away aren’t because they’re pushed to the side and stacked up, for no good reason other than a taller pile takes up less […]
You probably know that I like to keep things simple. As simple as possible. I also like to keep things pretty organized because nothing infuriates me more than time wasted looking for something. It’s the tangible cost you pay for not having a system in place. This is especially true for things you don’t need […]
Congratulations New Graduate! I remember when I first graduated from college. I was fortunate, in one of the worst job markets for software engineers following the dot com bubble burst, to have landed a job with a defense contractor in the Washington DC area. I only knew one other person who would be moving to […]