I’ve updated my About page as you can probably guess from the post title. However I wanted to make the update a bit more visible to everyone, especially my regulars, the 4 people who check out my blog on a semi annual basis.
Let me be clear, the last thing I want to do is tell you what to do with your money. What I want everyone to understand is the basics of how money works. I also want people to know that there are options for things to do with your money besides spending it, and how those other things work, and what the results of not spending your money look like. From there, if you want to continue spending your hard earned money, so be it. My site will not go into great specifics on how to save money on groceries, or complex investment strategies. There are plenty of other website that already do this. This blog will mostly be my take on personal finance in general, maybe with a few rants thrown in here and there. I like to keep my life simple, so my advice will be simple. If I’m given the option of doing a,b,c,d,e and f to save $100 a year, or the option of doing a,b, and c to save $55 dollars a year, I’m probably going to stick with the easier option most often. I will admit I’m lazy. Which reminds me I heard someone say the other day that lazy people always find efficient ways to do things, so yes, I am
lazy efficient. Sometimes being efficient means saving less (maybe even spending more) money on occasion, but that is ok, with the very general assumption that I find value in spending money on this thing.
I stated this blog out to mostly focus on early retirement, and while that is still a goal of mine, I guess it’s not a goal for everyone, and that is alight (although highly disappointing). After initially hearing about early retirement, mainly from Mr Money Mustache, I thought it was one of the greatest things I’d ever discovered. However when I started sharing this new found information with friends, co-workers, and family there was (and still is) much ridicule and skepticism, so they clearly did get the same level of enthusiasm as I. Even my wife isn’t on board with the idea (which is extremely disappointing to say the least), however I will continue to press on to the best of my ability. It may also make for some interesting posts as we disagree with finances going forward.
Finally, I just want to be clear about my wife and I’s income. We have a combined of approximately $110,000 (I don’t share the actual amount since I blog anonymously), which seems to be an upper middle class income (very hard to find a source to pin down middle class income these days it seems). I want to be clear about this for two reasons. First, a lot of blogs out there seem to originate from individuals or families with high incomes, and I mean high incomes right off the bat out of college. Some of these same blogs also generate a fair amount of income on their own (via adds or referrals). There is nothing wrong with that, and I’m not saying this blog will never do this, but this blog currently generates $0 (shocking!) However, I don’t think it’s really appropriate to humble brag how you paid off your $40K student debt in less than a year when you were making $100K per year, and your wife was “only” making $40K per year, since those types of income don’t apply to most people. Second, there is a blog out there (more than one I’m sure) where the writer(s) claim (or claimed) to be “middle class” with typical income, and it was recently discovered that their “typical” income was over $200K, not to mention their blog income. So I think it’s fair to say that this particular blog was being a bit disingenuous, to say the least. I also want to be clear that we have never won any significant lottery prize, received any large inheritance, we did however each pay for all (me) or most (her) of our university educations….. via student loans!
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