The 4% Rule: or How I Learned to Stop Worrying and Love the Trinity Study

In my monthly financial updates, I calculate the amount of money I need to be financially independent based on the current month’s expenses and my average monthly expenses. I do this by multiplying by 300, which is the same as multiplying annual expenses by 25 (because 12 x 25 = 300). Reader Spencer asked why … Continue reading "The 4% Rule: or How I Learned to Stop Worrying and Love the Trinity Study"

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Asset Allocation: The Extra Credit Question of Investing

Today we talk about an important investing topic that I’ve been putting off for a while: Asset Allocation. One of the reasons I’ve been putting it off is because I wanted to finish reading what is perhaps the most authoritative source on the topic: a book called The Intelligent Asset Allocator by William Bernstein, which … Continue reading "Asset Allocation: The Extra Credit Question of Investing"

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Wildcard Wednesday: Don’t buy computers from Amazon!

Today’s Wildcard Wednesday is a cautionary tale, and one that doesn’t have an ending just yet. About a year and a half ago, I picked out a laptop for my sister who was just entering undergraduate college. The research I put into that was pretty much verbatim what went into the Computer Buying Guide I … Continue reading "Wildcard Wednesday: Don’t buy computers from Amazon!"

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My Financial Transformation Started on a Napkin

When a good friend and a prolific writer (read: articles in the NYT and previous internships at major newspapers like it’s no big deal) offered to write a guest post for the blog, I was thrilled. Reading the post below did not disappoint. Robbie shares his philosophy on money and goal-making, distilling the details down … Continue reading "My Financial Transformation Started on a Napkin"

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December expenses: a hungry month

Another month, another super exciting expense report. Here’s how things shook out: Let’s start with the categories. Pretty much nothing exciting until the last five: Food-related expenses The grocery total was fine, nothing to write home about, BUT I am pretty well stocked going into January, so hopefully that’ll lead to a lower month. Although … Continue reading "December expenses: a hungry month"

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