A lot of people ask me why I waste my time with all of these silly side hustles. To most people, it doesn’t make much sense that someone like me – a lawyer with a perfectly good job – would spend my free time doing things like delivering food to people, renting out a room on […]
I like to think that I’m pretty financially healthy. At 30 years old, I’m in a fairly unique position. I’m currently debt free after paying off nearly six figures worth of student loans in just a few years. I’ve got a sizable emergency fund that should cover me in the event of a disaster. And my net worth continues to grow each year as I continue to push myself to save as much of my income as I possibly can.
We have a plan of attack for my wife’s student loans as well. If all goes as planned, we’ll have her debt paid off within a year or two. A dentist/lawyer couple in their early 30s paying off all of their student loans in just a few years isn’t just a unique proposition. It’s pretty much unheard of.
I’ve always been wary when it comes to credit cards. Even though I’ve never been shy about trying out new fintech apps or opening up new bank accounts, for some reason, credit cards have always scared me. Maybe it’s the fact that a credit card goes on your credit report. Signing up for a new card just seems so … permanent.
My fear of opening up new credit cards probably comes from the fact that my history with credit cards isn’t very robust. I got my first card back in 2006 during my sophomore year of college – a Citi mtvU Visa Card which gave me extra points when I used it at bars and restaurants. The card seemed pretty good and it served as my daily use card throughout my 20s. In 2012, Citi changed the card over to a Citi Forward Card, which was the card that I was using all the way through the beginning of this year. The only other card I’ve gotten during that time is a Target Red Card that I accidentally got when I was actually trying to get the Target Debit Card.
Because of this fear of credit cards, I’ve pretty much missed out on the whole travel hacking craze…
I listen to podcasts pretty much anytime I’m walking around or doing anything that doesn’t involve a ton of mental energy. With the way technology works today, pretty much anybody can become an expert on any topic. All you have to do is spend a bit of time each day soaking up a bunch of information from smarter people. Just think about all of the time you spend each day commuting, walking your dog, or doing chores around the house. That’s all time that can be spent learning.
I’ve written in the past about some of my favorite personal finance podcasts. Today, I thought I’d share 9 of the best personal finance podcasts that I’ve discovered over the past few months. These podcasts aren’t all “new” per se, but they are new to me. I like to think that they’re also lesser known podcasts that you won’t find on every single “best of” list.
The government allows you to put a ton of money into tax-advantaged accounts – you just wouldn’t know it at first glance. Technically, a traditional or Roth IRA is the only tax-advantaged account that every working person in the US has access to. As of 2021, the max contribution per person to those accounts is […]