Funding the Adventurous Life
Brice Karickhoff is a climber and development economist with a passion for charitable giving. In this episode we discuss the importance of balanced saving and giving, the utility of the donor-advised fund, and broader macroeconomic trends that affect us all.
Continue reading “EP 30: Charitable Giving and Macroeconomics with Brice Karickhoff”
Few investments provide a guaranteed rate of return over 7%. U.S. Treasury Series I Bonds are currently paying out at 7.12%, with that trend expected to continue.
Today’s post is short and sweet, and perhaps worthy of your time.
Continue reading “I Bonds: A Novel Way to Save Cash”
Today on episode 29 I want to welcome back to Clipping Chains writer, climber, father of five, and fellow personal finance geek, The Frugal Professor.
We cover it all on this one, from how the Frugal Professor was able to save nearly $2 million dollars with a family of seven, to how my wife and I are continuing to navigate a post-Financial Independence life.
Continue reading “EP 29: Back in the Weeds with the Frugal Professor”
Many of us understand that investing in an appreciating asset results in compound growth of our initial investment. But how does this really work? How can a small sum of money grow to something that can provide financial freedom with little to no effort beyond securing the initial investment? And most importantly, what are the different outcomes when debating whether to invest now or later in life?
Continue reading “EP 28: Compound Growth: Can I Catch Up Later?”
This week on episode 26, we revisit the Roth conversion ladder, a method used to spend retirement money early without penalty and with little to no tax burden.
Continue reading “EP 26: How to Spend Retirement Money Early”
Today on episode 25 let’s give a hot stew welcome to climber and all-around curious guy, Erich Purpur. Erich works in the university system in Virginia, finding time in the margins to climb up to V10 and 5.13c. Recently, Erich is beginning to envision a potential life of financial independence.
But achieving financial independence may only be the beginning of the next journey.
Continue reading “EP 25: Erich Purpur: What is the “Good Life?””
I couldn’t go on with another week with talk of climbing or investing without acknowledging the massive elephant in the room: the Russian invasion of Ukraine and the threat of evolving war.
Financial markets are not high on my mind. Without a doubt, I sit on a throne of privilege to be able to even consider this article. But all that being said, I have been asked my thoughts on this matter, so here we go.
Today we take a historical look at past market environments during times of war. Importantly, we have to examine if this time could be different.
Continue reading “War and Financial Markets: What You Need to Know”
Today on episode 24 I’m thrilled to host Piggy and Kitty of Bitches Get Riches. Yes, you heard that right. These ladies have generously self-applied the “B” word, offering me cover from the internet masses for using it in this case. You’ll hear it soon: I’m cancel-proof on this one. Piggy and Kitty write and host their own podcast dedicated to imparting “funny lessons about the adulting skills we were never taught, yet mysteriously expected to know.” Sound familiar?
Continue reading “EP 24: Bitches Get Riches: What Do We Really Value?”
Today on episode 23 I’m happy to welcome climber, dentist, and real estate investor, Erik Jenson. In addition to paying down hundreds of thousands of dollars in student loan debt, Erik is now living rent- and mortgage-free through the process of house hacking. This form of real estate investing involves renting out rooms in the home where he lives, allowing him to build equity and repeat the process with additional properties. Referring to this process as “real estate investing with training wheels,” Erik is generating an outsized return compared to the single-family home so many of us consider “investments.”
Continue reading “EP 23: Erik Jenson: Real Estate Investing with Training Wheels”
This week we are returning to the digital mailbag to answer your questions!
In this Q&A episode, we take the plunge on inflation fears, cryptocurrency, real estate investing, the debate between loans and all-cash offers, mid-week climbing partners, the Roth 401(k), autoimmune conditions, and some more intimate details about where and how we hold our money in various accounts. Finally, I reveal some notable changes to Mrs. CC’s schedule, among a variety of other topics.
Continue reading “EP 22: Your Questions Answered: Volume 4”