Funding the Adventurous Life
The following are fictional narratives of many of the character traits, decisions, and habits that either my wife or I have exhibited, or those observed or communicated by readers of this website. Let’s examine together some of the many common scenarios where young people set the ball rolling on a path to destroying their finances.
Continue reading “How to Destroy Your Finances in Your 20s and 30s”
Hello! I’m pleased to announce the release of an interview I did with Steven Dimmitt of The Nugget Climbing Podcast.
What is the point of a website about climbing and personal finance? Is a life in pursuit of financial independence all deprivation and drudgery? Well, tune in for a lot of words with a slight southern accent. Oh and don’t worry, we talk about climbing too.
This was a lot of fun.
Continue reading “Podcast Interview: The Nugget Climbing Podcast”
We started working intently towards financial independence in 2015. Less than five years later, we crossed the finish line. I pinned the merit badge on my flair vest and decided to call it quits on the corporate world, just as COVID-19 was quietly putting the world in a strangle hold. A few weeks later, the stock market crashed, and along with it, our net worth. Is waking up each Monday without needing a job as great as it seems? Am I just running from something?
Well…maybe.
Continue reading “What It’s Really Like to Not Have to Work on Monday”
Hey, you wanna do something weird? Yeah?? Me too. Let’s take a tour of our emotions.
Come on, trust me, man, it will be cool. It’s not like that.
I think doing this is going to be fun…
Continue reading “Welcome to Your Emotions, Your Guide Today”
Alrighty folks, we’re back on the interview bandwagon! This week I am pleased to bring you an interview with the industrious and energetic Lauren Abernathy. Lauren is a 25-year old professional, fully-obsessed climber, writer, and lover of adventure. And she’s a boss of her money.
At an age when Lauren began optimizing her professional life and learning to save for her freedom, I was trying to free myself from four to three nightly PBR’s.
Grab a cup of coffee, PBR, or whatever and let’s settle into some incredibly important life lessons for those at any point along their journey.
Continue reading “Lauren Abernathy: Finding the Balance”
Oh boy! Nothing like a good bear market/recession quick-slider combo to stir the simmering pot in the investing world! There’s no need for a long introduction. Let’s dive into the meat: why market timing still doesn’t work.
Continue reading “Market Timing: Why It (Still) Doesn’t Work”
It’s clear now that we will be stuck in our homes for all of April, doing our part to stem the spread of the coronavirus. And let’s be real, I’ve got a close eye on May as well, if not October. While we may be minimizing our physical health risks by staying at home, the negative effects of boredom might be the second-wave infection facing our society. What can we do to maintain or even improve our prospects for sound mental and financial health during these times?
Continue reading “Boredom? Ain’t Nobody Got Time For That”
I don’t want to talk much about the novel coronavirus today. I want to talk about money, because that is what I do here. Money may not be a priority for you and your family now amongst a spreading virus. However, I want to calmly acknowledge that the world is also facing a very real personal finance threat, one that could be far more impactful for most Americans than the virus itself (which I’m not taking lightly). Before we make rash decisions in a time of panic and hysteria, let’s examine some important headlines from the 2008 financial crisis and why those messages are so incredibly important right now.
Continue reading “Shocking Headlines of the 2008 Financial Crisis”
Happy Monday! What a week! The coronavirus is spreading like southern Kudzu and is now officially a pandemic. Social distancing is suddenly the new order, flaming a wildfire of fear and panic, crippling the economy. The stock market is currently down 20% from its February high. The S&P 500 dropped 9.5% in a single day. And then the very next day the market bounced back 9.3%. We have entered bear market territory, ending the historic 11-year bull market run. OPEC meddling crashed oil prices. And I just quit my job. We have (had?) big plans for a new way of life. So, what’s changed?
Continue reading “The Sky is Falling: Lessons from the Coronavirus”
Hey, hey, hey! Some cash just landed in your lap. Or perhaps you have a vested interest in your company, and now your stock is available to sell or transfer. What do you do with it? Do you keep it? Invest it elsewhere all at once as a lump sum and hope the market doesn’t fall (further)? Is it best to dollar-cost-average? WTF is dollar-cost-average?! But isn’t there about to be a recession?? Ahhh!! Let’s take a look!
Continue reading “I Have Cash! Is Now a Bad Time to Invest?!”