Hump Day- September 27, 2017

What is hump day? It’s Wednesday. The hump to your work week. 2 days down and 2 days to go. On hump days I will be sharing articles, videos, or other form of entertainment. It will include links to other posts I have liked throughout the week. Some are parenting articles, others are personal finance ones, and occasionally there will be a random funny article. Enjoy!

On this day

In 1825 Locomotion No 1 is the first steam locomotion to carry passengers on a rail line in England. George Stephenson is forever known as the Father of Railways.

Crazy to think how far transportation has come in the last 200 years. Before the steam locomotive it was boats and horses.

 

Hump day articles

There are lots of good articles this week…so here we go…

First off I would like to thank Investing Doc for discussing the importance of Building the life you want, not the bank account you want. The wisest point is to save for retirement but not to overlook today. Amen brother. Finding that work life balance can be quite tough and for those thinking of early retirement things can get even further skewed. So think about how you can find that balance now.

Keep Thrifty is also thinking about his current life and happiness, but framed in memories of the past. Bring back your childhood dreams goes over how to take those memories and dreams and convert them to reality today. It is not as hard as you might think.

I think part of keeping myself content is the company I keep, and Mustard Seed Money seems to agree. Surrounding yourself with good people leads to a happier existence. Human contacts are quite important for our general contentment/happiness which is part of the reason Facebook has done as well as it has. Focusing on how to make your tribe full of meaningful relationships is key.

Now for some early retirement and investing posts!

Did you know that psychology plays a big part in how we invest…I do and sometimes I do not favor the Math. For instance, I am happy to pay down my 3% student loan over investing the money in the market because of psychology. The Wall Street Physician discusses other cases where Psychology may beat math in personal finances.

Othalafehu discusses how fortunate favors the bold. Don’t stash all the cash under the bed. Let it work for you in the market or other investments.

Well once you have made all that cash how will you know it is time to retire? Fritz at The Retirement Manifesto discusses the Ten Commandments of Early Retirement, while Think Save Retire goes into how to know you’re ready to retire early. Both make me wish I was not working currently and traveling around the country in an RV.

As for when I retire, I wonder if I will stay in Cali. Part of me thinks I will always be headed back down to the Big Easy, but at least My Curiosity Lab laid out that California is not too expensive in Does Location Matter for Retirement.

And as far as retirement goes, when should you claim social security? Well Ms. Liz Money Matters discusses it in some detail. This is a tricky subject and one I am trying to figure out for my mom currently.

Conclusion

There you have it. Another great week of articles. I can’t believe it is fall already. The pumpkin patches are growing. Apples have been picked. Costumes are ready. Man time flies back. The changes in the year are always a reminder how quickly life goes and why retirement is not a pipe dream.

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DadsDollarsDebts

I am a Dad and Doctor trying to find financial freedom by owning my dollars and debts. Helping dads with their finances so they can focus on the family.

7 thoughts on “Hump Day- September 27, 2017

  • September 29, 2017 at 8:55 pm
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    Thanks for summarizing and compiling this listing. There are a lot of great articles here to enjoy!

    Bert

    Reply
  • September 27, 2017 at 12:06 pm
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    I love the Mustard Seed Money post on being surrounded with good people. Too often we hang onto relationships just for the sake of it; it’s harder to seek out goodness because it’s new and challenging.

    Reply
    • September 27, 2017 at 7:17 pm
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      Oh man it is a sunk cost fallacy like I talked about here which talked about not sticking around with old friends if they are sucking the life out of you.

      Reply

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