Author Archives: thefinancialjourneyman

About thefinancialjourneyman

Deciding to be free: My Journey toward financial independence

You Can Live Debt Free

Do you dream of being debt free?  As long as a person has debt, they are working for someone else.  Unfortunately that someone else is a bank.  The ticket to be debt free is to change how you are managing your finances. Today, debt is as American as apple pie with trillions owed in mortgages, auto loans, and credit cards. Household debt in 2017 stands at $12.35 trillion.  It is only slightly lower than the […]

WARNING: The Holiday Party Can Kill Your Career

It is that time of year again.  The Holidays are upon us.  With the holidays, comes holiday office parties.  Companies like to have these events to celebrate this festive season with its employees.  These events are to be enjoyed, but you also should be on your best behavior.  I have witnessed holiday parties kill many careers.  The purpose of this post is to coach you on how to prepare for these seemingly harmless events and […]

How we reached a $1,000,000 Net Worth

What does it take to reach a $1,000,000 net worth?  In our case, it took a long time, hard work, saving a large percentage of our income, and putting our money to work for us by investing wisely.  Rob from Mustard Seed Money has a great post on how much you have to save each month to reach a $1,000,000 net worth. I initially was going to title this post “reaching a $1,000,000 net worth […]

Frugal Fun: Community Theater

I am going to share a secret with you.  When I am not reading financial blogs, kayak fishing, or following the The Philadelphia Eagles, there is a good chance that I might be watching a play.  My wife and I love the theater.  There is nothing like seeing a live performance on Broadway.  Over the years, we have seen some amazing shows.  Last spring, for my wife’s birthday, we saw Bette Midler and David Hyde Pierce in Hello Dolly.  The previous spring, we […]

Planning on working until age 70?

Should you plan on working until age 70?  This suggestion has been surfacing in the mainstream financial media.  It is perfectly fine to work until age 70 or beyond.  It should not, however, be the age that your retirement planning is based upon. Some people like to work.  It gives them purpose.  Work adds structure to the day.  For many people, it is their identity.  Their job is who they are. Even if you truly […]

New York Personal Finance Meet Up

I did not have the opportunity to attend Fincon 2017.  This blog was newly created in April and in all honesty, FinCon was not even on my radar of things to do this year.  After reading the many blog posts about FinCon 2017, I am defiantly going to attend next year’s event in Orlando, Florida.  I was, however, able to attend the New York Personal Finance Meet Up (#NYPFMeetUp). The New York Personal Finance Meet […]

My Uncle Xavier: Veteran, Millionaire, Mentor

I have been thinking about writing this post since I started my blog.  As you will read, Veterans Day might be the most fitting day to publish it.  This post is about my Uncle Xavier.  As the title suggests, Xavier was a veteran, millionaire, and mentor to me.  Below is his story and a little bit about our relationship. Like many members of the Greatest Generation, my Uncle Xavier had humble roots.  He grew up in West Scranton, Pa during […]

Jim Thorpe: The Gateway to the Poconos

In the middle of October, my wife and I had the opportunity to visit Jim Thorpe, Pa.  Even though we only live about one-hour away from Jim Thorpe, neither of us have ever been there.  We were looking to Take a day-trip to see the fall foliage on this sunny Sunday afternoon.  We spoke about a few different local destinations in Pennsylvania and New York, but settled on Jim Thorpe.  We were not disappointed. Location Jim Thorpe, Pa is […]

Keep Your Hands Off My 401K

This morning, I sent an email to my Congressman.  The Financial Journeyman is not a political blog.  This blog is not right or left leaning.  In general, I do not oppose or support any political party.  The only time that I will write about politics is when it is related to personal finance. Over the past few weeks, there has been many news reports about Congress wanting to reduce the amount that an employee can […]

Writing a Financial Plan

Everyone should have a written financial plan.  A written financial plan is a document that assists you to focus on what you want to achieve when it comes to your personal finances.  A written financial plan is a living document that should be amended as time goes on. A written financial plan is an useful tool for everyone.  It does not matter if you are a new college graduate (Age 21-28) entering the workforce, a Millennial or Gen-Xer […]