Category: Behavioral Economics

Where the Heck Did All This Money Come From?
Last week I tweeted that Mrs. Groovy and I hit a milestone of sorts. We now have over $500K in our retirement accounts. I found this achievement to be rather remarkable for two reasons. First, we haven’t had our retirement accounts for very long. We opened our Roths in June of 2006. Mrs. Groovy began…

Be a Blogger, Be a Blessing
How can you be a blogger and be a blessing? OK, dear readers, I’m going to get a little hokey but bear with me. My mind often goes places that are alien even to me. Here it goes. I haven’t stopped thinking about a post Jaime Donovan wrote a few weeks ago called The Greed…

Government Can’t Save You from Compound Stupidity
Don’t ask me why, but lately I’ve been imbibing on a lot of British cultural decline via YouTube. Here are links to some of the documentaries I have watched. The Truth about Payday Loans Don’t Cap My Benefits Benefits Britain: Life on the Dole On Benefits and Proud! BBC Growing Up Poor If you get…

The Ten Commandments of Personal Finance
It’s been quite a week for my friend, Fritz. On Thursday, his post Retirement Is Hard was the top featured article on Rockstar Finance. Nice job, Fritz! And today, he has the incredible honor of guest-posting on my blog. It’s good to be Fritz, ain’t it? In all seriousness, though, Mrs. Groovy and I really admire…

Are You a Flaming Idiot When it Comes to Your Finances?
In my early 30s, I decided to play ice hockey. I was an okay skater to begin with, so it didn’t take me long to become a decent player. After two or three years in the over-30 league, my hockey skills were better than average. I was no Wayne Gretzky mind you, but I rarely if…