When it comes to personal finance, most of us are our own worst enemies. We save too little and spend too much. Our priorities are royally screwed-up. A big reason why we spend ourselves into debt-slavery is because we want to have what the cool people say we should have. In other words, we’re very …
Continue reading “Five Things That Are More Hype Than Substance”
The cost of college is a major impediment to financial independence. Every dollar that is used to fund a 529 plan, or pay a student loan, or support a state’s university system, is one less dollar that can be contributed to a Roth IRA or a 401(k). For the past several decades, the game plan to …
Continue reading “The Groovy Way to Lower the Cost of College”
When Mrs. Groovy and I got married in 2002, we were up to our eyeballs in debt. She brought student loan debt to the marriage. I brought credit card debt, mortgage debt, and a car loan. And while technically not debt, we had a few other claims on our income that were just as onerous. …
Continue reading “Five Reasons Why it’s Great to be Debt Free”
Jeremy over at Go Curry Cracker has just published two terrific posts on Obamacare optimization (see here and here). They’re not for the faint of heart. The numbers, charts, and fiscal permutations will make your head spin. But they’re definitely worth a read, especially if you plan to retire early and will be relying on …
I detest politics. I’m at the point now where I find it impossible to even look at a politician, regardless of party. So why does this blog occasionally veer into an area of life I find so objectionable? Because failure to do so would be a dereliction of duty. Let me explain. Achieving financial independence …