Blog

Thank you for taking the time to read about my first 6-months as a personal finance blogger.  I have read that reaching the 6-month point is a major milestone because it is when many bloggers call it quits.  The past 6-months have gone by in a flash.  Creating The Financial Journeyman has been an educational experience.  Other than being a learning experience, it was fun to try to be creative and to watch the blog develop. What I have

I would like to start by thanking A Journey to FI for nominating me for the Blogger Recognition Award.  The Financial Journeyman is only six months old and this recognition is a big deal to me.  There are many personal finance blogs.  It is easy to get lost in the crowd.  It is an honor to be mentioned among some of the best bloggers in the personal finance space who were also nominated for this award. The

“Wearing success on your sleeve”.  That is an interesting phrase.  My close friend Chris told me a story about when he was a teenager. When he was 16, he had a job working at Burger King.  With his first paycheck, he bought a 14-ct gold bracelet.  When his dad saw the bracelet, he asked Chris why he wanted to “wear his success on his sleeve”.  Chris was just a teenager and wanted to be cool. Chris’s dad is a highly successful

While my wife likes to tell people that I am cheap, I am just frugal.  I don’t like to spend money.  When I must spend it, it is like saying good-bye to a close friend.  Well, that might be a bit dramatic, but it honestly does sting some when we part ways. When I do spend money, I seek out value.  I want the best quality product at the lowest price.  In the past, there

While a million dollars might not have the purchasing power that it once had, it is still a large sum of money.  If you watch professional sports on ESPN, follow entertainment gossip on TMZ, or read Forbes, you are sure to come across stories about the huge salaries that some high-profile people earn.  NFL quarterbacks earn over $25M per year.  Hollywood actors earn over $22M per movie.  The CEO’s of the Fortune 500 earn 600 times more than

I recently received a letter from the third-party company that manages one of our 403B Plans.  It was the standard quarterly letter that provides updates on account performance, fees, and if there were any changes to the list of mutual funds available to select from.  Since we generally invest in index funds, I normally just do a quick review of the updates and move on. There was a change mentioned in this letter that grabbed my attention.  A

The first time I ever visited an Aldi grocery store was when I was 16 years old.  I just passed the exam for my driver’s license.  One Saturday, I wanted to borrow my grandmother’s car to go cruising with my friends.  She agreed to let me borrow the car for a few hours, but I had to work for the privilege to use it. My job was to go to the market for her.  My assignment was not

Behind every great fortune there is a crime”.  – Honore de Balzac

I have recently been doing a good amount of research on Peer-to-Peer Lending (P2P) and have written about it in a recent blog post.  Yes, Peer-to-Peer Lending (P2P) is legal in most states, but is it ethical?   While I was researching more about Peer-to-Peer Lending (P2P), I felt a strange nostalgia.  This type of investing caused me to reflect on the town

In my first London on a Budget post, I wrote about the good deal we received when we booked this trip, what some of our plans were for when we went to London, and how much we planned on spending. Our trip to London has now come and gone. It was an amazing trip. In this post, I am just going to share about some of the highlights from our trip. Getting to London

When I was growing up in the 1980’s, it was common to receive an EE Government Savings Bond for a gift.  My relatives would get them for me for my birthday when I received a sacrament at church, or for a holiday gift.  At the time, I would have much preferred a video game or almost anything other than a Savings Bond. Looking back, my relative’s choice in gifts had my best interest in