As a result of my $15,000 tax debacle I had this year for the 2023 tax year, I decided I needed to do something drastic and sensible so I’m buying $30,000 in municipal bonds to generate tax free income. I already bought $10,000 of ETF NEA which is a municipal bond ETF that is currently…
Category: Money Management
Pizza For 3, $75!
I work from home and I generally cook most meals after work because the kitchen is just a few feet away. Last my daughter asked why we don’t order pizza any more. I looked at her puzzled. I hadn’t really thought about when the last time it was that we ordered pizza. After starting my…
Climate Change & Personal Finance: Hoax or Harbinger?
It’s an election cycle year so I’m seeing all sorts of the usual debates on various media platforms about climate change and whether it’s a hoax or harbinger of more things to come. I honestly don’t know the answer but I do have 27 years experience and obervations. Same House 27 Years I bought my…
The 50/30/20 Budgeting Rule
The 50/30/20 budgeting rule is making the rounds on the internet and I honestly wasn’t sure what it was until I read up on it. I haven’t had an official budget in over 20 years and that’s largely because I have always paid myself first. For decades, I’ve always tried to maximize my 401k, kept…
Our Plan To Will Assets Equally, Not So Easy
My wife and I periodically update our Will and we’re getting close to having to update it again. The major changes over the years were who we designated to have as custodian for our kids but now that all our kids our adults, we’re planning on updating it again. To that end, I started watching…
I Bought $15k of CPSM Today
This is NOT financial advice so don’t do something because someone on the internet did it. Do you own due diligence on investments that meet YOUR needs not someone else’s need. Having said that, I bought $15,000 of CPSM this morning. I wrote about CPSM here if you want to learn more about it from…
Are You Part of the Millennial Crisis?
Yesterday I wrote about the boomer retirement crisis and on the other end of the spectrum there is a millennial housing crisis. The Wall Street Journal has an article entitled, “Young Americans Are Getting Left Behind By Rising Home Prices, Stocks” and here is a key quote from the article. For those looking to embark…
ETF CPSM: A 9 Percent Return & Guaranteed Capital Protection?
There’s a new ETF sheriff in town and it’s promising to pay a 9 percent return with full capital downside protection. If you want to watch an explanation of how this works check out the video clip below from CNBC. If you prefer to read about the new ETF, there is a great article here…
Investing From A Taxable Bucket
It’s complicated. I wanted to start this post with the phrase ‘it’s complicated’ because if you don’t like complicated things then this post isn’t for you. In my post, “How I’m Investing My Buckets of Money: Taxable” bucket I gave an example of how I’m investing funds from my taxable bucket but I merely scratched…
Financial Regrets: Chicken & The Egg
My mother has chickens at her home. I asked her why she got the chickens and she said it was because eggs were too expensive at the grocery store. Of course, she only wants the organic farm free range well cultured chick eggs and since that variety cost is high she decided that she would…