Writing That Wowed Me This Week
Welcome to this week’s list of some of the most interesting writing which I’m reading this week. This list includes blog posts, financial articles, and the occasional nontraditional post. My intention is for this list to serve as a resource for me and subsequently a regular source of top quality content for you.
I’ve had many opportunities this week to read blog some great blog posts and finish another audiobook!
I have had very few opportunities to read books this week. But I better catch up if I’m going to meet my October goal!
A Quick Life Update
Last week’s plan for some quality father-son time on my Friday off turned in to a solid BUST. I ended up needing to finalize a major contract at work which brought my son and me into the office for the majority of the afternoon.
Our father-son time ended up being a lunch date at Chipotle, his favorite restaurant.
The kids spent the weekend with a grandparent and gave Erica and I some time alone. We used it to relax and work on various projects. I’m getting very close to finishing the kitchen backsplashes.
Erica and I chose to have our date night for the month and enjoyed it at Red Robin! If you don’t have these in your state, it’s a mostly burger joint that you sit at similar to Chilis. They have glorious bottomless fries.
Writing that Wowed Me
Money Saved is Money Earned discusses how in 3 years of their mortgage they have reduced their overall mortgage principal by more than the normal amount. They used tax returns, refunds, birthday money, and pay raises to knock off debt.
Erica and I use a 15-year mortgage which stretches us financially even after 2 years. As pay rises, this will become a bit easier to take on and the built-in savings is remarkable.
Refine my Money discusses their decision to not spend money on a gym. There a fantastic list here of free Fitness Hacks. Did you know that you can get a free class/trial at over 17 gyms? If you did 4 a month that’s 4 months worth of fitness. And what a variety you would get!
Dads Making Cents provides a very thorough breakdown of options available to those who switch jobs frequently and who need to make a decision what to do with their old 401(k) account.
Erica and I have both been in our jobs for the past 12 years and there is no sign of leaving. But if we ever did, it’s nice to know what to do with our employer-sponsored accounts. I’ve always assumed that an IRA conversion was the only option available.
Time in the Market does a case study of what an unlucky investor might look like if they invested all their money before the 2008 crash and didn’t touch it. Have I mentioned how much I love case studies? It’s surprising that there is still such a substantial gain made in this great bull market even with a 2008-2009 pounding.
Erica and I started investing in 2006 and the great recession allowed us to invest at low prices early in our career and make great gains. Not everyone was so lucky.
Last, but certainly not least.
Tim @ Life for the Better has a new interview series. Guess who got to be Tim’s first interview! There’s not much to say about this one here, go check out the interview at Life for the Better!
What else am I reading?
I try and keep at least one audiobook loaded to my audible app which I’ve been listening to lately in the car through apple car-play, at the gym, on the treadmill or walking in my neighborhood. In addition to the audiobook, I keep one book on my Kindle Oasis that I work through before bed at a very slow pace (compared to the audiobook).
I should also note that Amazon has a new Kindle Paperwhite model out which is less expensive than the Oasis. It’s now waterproof and supports audible.
What I finished this week
Your Money or Your Life by Vicki Robin This is the quintessential FIRE book. This is a step by step guide for creating your financial independence plan.
I really enjoyed the anecdotal accounts. The books has been redone this year to include things that weren’t around when the original book was published. Like the internet. You should know that the audiobook version is read by the author, which is always a plus for me.
I’m going to rate this book an 8/10. I’d like to try and reread this again in a couple years because I think I’ll be able to read it from a different perspective.
This was half of a goal to finish two personal finance books by the end of the month.
Audiobook’s I’m listening to this week
Nothing at the moment. I’m trying to decide on my next listen. I’ve been debating reading a book on habit. I may decide to read the Power of Habit by Charles Duhigg.
Kindle Book’s I’m reading this week
Mr. Groovy’s – The Groovy Guide to Financial Independence: How to Escape the Tyranny of Mandatory Toil in Fourteen Years or Less – 25% complete. I’m really liking Mr. Groovy’s writing style so far and I think I need to spend more time on their blog! This is a great value at $9.95.
I’ve set a goal to finish this book by the end of the month.
Shelved for the time being
Kathryn Stockett’s The Help – 28% complete. I’ve put this down for a short time while I focus on reading Mr. Groovy’s book.