Finance


1
Hey everyone, it’s Finance Fridays again. I’ve talked about this before, but I think it’s worth looking at again. Today we’re going to answer the question “Should I use a Roth 401k?” Should I use a Roth 401k? I’ve talked about this before, and in general, I think the best (and only) time to use a Roth 401k is when you are in residency. You can read about it here: Roth 401k/403b in Residency Roth […]

Should I use a Roth 401k? #illumedati


Hey everyone, it’s Finance Fridays. As you may know, I’m a big proponent of buying a car used. However, today, I’m going to look at an alternative I will likely never do, but can try to explain the reasoning for… “The Case for Leasing a Car“. The Case for Leasing a Car Like I said before, this is something I will likely never do, but I want to explain that it may make sense in […]

The Case for Leasing a Car #illumedati



Hey everyone, it’s Finance Fridays again and this is going to be a short post today (I think). Today I’m going to discuss “Lifestyle Creep“. Lifestyle Creep By the way, that picture is only kind of related. I just kind of searched for “hiding” and this picture came up. I think it illustrates the idea of “creep” with a harmless looking squirrel “creeping up” on you from the front of their toy train. It made […]

Lifestyle Creep #illumedati


Hey everyone, it’s Finance Fridays again. Recently, I’ve been considering cutting down my emergency fund. So today I’m going to talk about “Do I really need an Emergency Fund?” Do I really need an Emergency Fund? Conventional wisdom is that your emergency fund should consist of 3-6 months of “fixed expenses”. For example, a mortgage payment, loan repayment, food/water, etc. Basically, it should be enough to keep the household running for a certain period of […]

Do I really need an Emergency Fund? #illumedati



Hey everyone, it’s Finance Fridays again. I don’t have all that much talk about today. However, when it comes to Finance Fridays and The Philosophy, I wanted to tackle a common problem: “Boredom”. ***Oops, apparently I posted this early on 4/12/2018 instead of 4/13/2018. Oh well! Boredom The hardest thing about The Philosophy is that it’s so boring. I think that people kind of understand when you explain the concept of passive investing to them. […]

Boredom #illumedati


Hey everyone, it’s Finance Fridays again… and this post is so late, it’s almost Saturday, or it’s already Saturday for your East Coasters. Nonetheless, I wanted to talk a little about What is “Your Number”? What is “Your Number”? Today I had lunch with a couple of my friends. For those interested, we went to an All-You-Can-Eat Korean BBQ place. Also, just so we’re clear — I ate more than them.  😛 We discussed the […]

What is “Your Number”? #illumedati