That’s Bull, Issue No:001 – Habits of a Millionaire.

Everyone would love to be a millionaire, wouldn’t you say, and there are tons of videos and articles out on the web about all the easy things you can do to become a millionaire. This first issue of That’s Bull, comes to us from Time Magazine. The 12 Habitats of Millionaires, with the 1st habit stating that millionaires are “SUPER SAVERS”. A link to the video is below. Here’s why I have beef.

12 Habits of Millionaires

Right off the bat, millionaires are super savers. That’s all well and good and a fantastic habit, but if you’re struggling just to break even every month like most Americans, then this is easier said than done. And what does it mean to be a super saver? That you can Continue reading “That’s Bull, Issue No:001 – Habits of a Millionaire.”

Nothing like $86,000 in Student Loans and No Job.

Right out of college, I was immediately hit in the face with extreme college debt, see blog post here. The great recession was going full throttle, and no job prospects. It’s partly my fault though for drinking that sweet sweet cool aid they gave me 4 years earlier along with their unprecedented 99% job placement. Granted, in their defense, there’s no way they could have anticipated the recession hitting when it did, nor could I. Thanks big banks! High five!

The field I majored it, was hit particularly hard, the construction industry. Up until 3 months before graduation, I actually had a pretty good internship with a local company who I fully expected to receive an offer from, who then dropped the bomb on me that Continue reading “Nothing like $86,000 in Student Loans and No Job.”

So….it is possible. Retire in your 30’s?

The article below follows some of the ideas I just shared in yesterdays post You’re Not Ready to Invest. Michael, who now blogs at, started from the ground up, and started early in his career, I mean unusually early at the age of 14 or 15. That’s not a bad thing, but I think you’d find most 14/15 year old’s thinking about anything but financial stability. I have to hand it to this guy, he grabbed life by the balls and made it happen.

I typically hate articles on the web that say “Retire in your 30’s” or “Retire Early by Doing These Basic Money Saving Moves” sort of thing. Most of the time, the articles are complete bull$*&% and unrelatable to the average person. What I do like though are real finances and real results from real people. Michael, in the article below, had nothing special about him. His wife’s a teacher, his dad’s a CPA and he has children. He didn’t come from money, at least the interview didn’t mention it. This makes him real in my mind.

Continue reading “So….it is possible. Retire in your 30’s?”

You’re Not Ready to Invest

Right out of college, I already hated my first job and I was in a situation where I didn’t make enough money to spend it on luxury items I wanted vs. needed. I drove the same crappy car since I got my driver’s license and I really wanted to upgrade, but I couldn’t afford it. I was in the mind set of “get rich quick” and I scoured the internet for ways to make extra money.

There were certainly a lot of doozies (we’ll get into these get rich quick schemes in future posts), but I was keen on the idea of investing in the stock market and day trading just like Gordon Gekko in the movie Wall Street: Money Never Sleeps. Of course, this movie was fiction, but the idea of making money just by trading stocks sounded amazing! Who knows, maybe I’d even make a career out of this, if it’s easy enough. Hell, they made it look easy in the movies.

I didn’t know the first thing about investing so I started looking at Youtube videos, looking at Fidelity’s website, trying to figure out what and how to do this thing that was going to make me tons of money. The more I dug into this, the more I realized how complicated it was and how risky it was, not to mention the money I would need to even think about doing this investing thing properly.

Continue reading “You’re Not Ready to Invest”

The Silent Killer, Student Loans

This is a very large subject and will certainly require additional posts, but I chose this as my first post because I have major heartburn with it. See, I was the first of my family to attend college. There was no 529 Savings Plan (we’ll dive into 529 plans in future posts) set up for me, nor did I have enough saved up to pay for it myself. At the beginning of my freshman year at college, I sat down with a financial aid advisor and we figured out how I was going to pay for it. This was where I was introduced to the magical and wonderful world of “free money”, the world of student loans.

College is something that high schools attempt to set you up for upon graduation. Junior year of high school, they tell you to start thinking about what you want to do and where you want to go; the possibilities are endless. Not having any experience in this area during the time and not having a family member who’s been through this process before either, I kind of relied on the guidance counselor to point me in the right direction. Although she helped me with the paperwork and filling out the Free Application for Federal Student Aid (FAFSA®), I was still just going through the motions, not really understanding what exactly I was getting myself into.

Continue reading “The Silent Killer, Student Loans”