Julius Theodore and Pet Insurance

Two days ago we had to say goodbye to a beloved pet. A 10-year old orange tabby named Julius Theodore, pictured here. Look at this nut! It is never easy to say goodbye to a beloved pet, but I’ve always believed they will tell us when it’s time. Maybe...
…Why I Don’t Invest In Single Stocks

…Why I Don’t Invest In Single Stocks

“The biggest selloff in stock market history” the article on CNN says. For months/years people have been buzzing about how you should own Google stock, Facebook stock, Amazon, and Netflix stock – it’s called the FANG profile. High tech, big...

Four Steps To Getting Out Of Debt

This blog has talked a lot about different personal finance topics ranging from budgeting, saving for retirement, and paying off debt….except that up til now I haven’t described exactly how to pay off debt. How hard can it be? You just start paying extra on all your...

Saying “I Love You” To Your Family

Do you have a will? No? Neither did multi-millionaire Prince, and what a mess that is turning out to be. But today’s post is not about Prince, and it isn’t specifically about money. It’s about some friends of ours that knew what to do. They knew they should have a...
No, The Sky Is Not Falling

No, The Sky Is Not Falling

Today, the stock market is in a free-fall. It’s likely a reaction to President Trump threatening new tariffs on Chinese goods yesterday. Certain individual stocks, and stocks in the specific industrial and materials sectors are poised to take the biggest hit. What...
I Want To Invest In Bitcoin

I Want To Invest In Bitcoin

I’ve been meaning to write about this for a while, when the Bitcoin rage was surging. Then I forgot about it, things cooled off, but now virtual currencies are back in the news again so I thought I would put these thought on paper….well, virtual paper, anyway. If you...

Opportunity Cost and New Car Myths

We are casually shopping for new-to-us cars, about 2-3 years old. We are not at all in the market for new cars. Why, you might ask? Because on average a new car loses 42% of its value in the first three years.1 That’s literally turning $30,000 into $17,000 in three...

In Praise of the Emergency Fund

My wife and I are casually shopping for new-to-us cars. Both of our cars run fine right now, though with some ailments that we’ve learned to live with. Like, her car’s radio amp doesn’t work and to replace it would be a costly undertaking as it was a “premium” sound...
Results Not Typical…?

Results Not Typical…?

We recently wrapped up our 10th session of Financial Peace University. We have offered it 2-3 times a year for the last several years at our local church in Galveston County. I wanted to take a moment and share the results that we turned in to Ramsey Solutions of how...
The Fallacy of Credit Card Rewards

The Fallacy of Credit Card Rewards

This “great deal” illustrated above recently popped up on a shopping deals site I visit from time to time. It’s at best a 2% cash back credit card (but read the fine print…). Everything you need to know about how these things work in reality, and why they are a...
Happy Debt-Free Anniversary!

Happy Debt-Free Anniversary!

April 4 marked four years that we have been debt free, everything but our mortgage. It took us 6.5 years to pay off 23 accounts consisting of credit cards, car loans, and student loans. After calculating the interest during that time the total amount paid back was 3x...