This new post comes from a real story I heard this past week at work. As many know, work (especially in the therapy gym) is the common place for all sorts of different stories, understandings, thoughts, conspiracies, and beliefs to be shared freely. Most people don’t want to hear your political, religious, or financial advice but work gives people a nice buffer to express freely without as much kickback, especially if you are the customer. This holds even more truth in the healthcare field, especially when you spend 10+ hours with one patient by the end of their POC as we do in PT frequently. Although I do enjoy hearing…
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Quick Review: Capital One Venture Card
The Basics Bonus: 50,000 Points when you spend $3,000 in the first 3 months of opening it Annual Fee: $95, waived the first year Credit Needed: Good – Excellent Earning Points: 2x points per $1 spent on ALL purchases 10x Miles per $1 on Hotels Booked Using Hotels.com: A $100 hotel returns 1,000 points. (10% cash rebate) Annual Bonus: No Expiration of Points: No, as long as the account remains open Other Perks Free Global Entry or Pre TSA Check Voucher: A $100 value. Auto Rental Collision Damage Waiver: Insurance covering rental car accident or theft on cars rented via this card Lost Luggage Reimbursement: Up to $3,000 Travel Accident…
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Partial FI: “Retire” in Half the Time
Financial independence or early retirement, just like paying off debt, can be a major mountain to climb, especially if you are just starting out. A mountain that once calculated, can seem very overwhelming or nearly impossible to overcome which can sometimes lead to a stop in momentum towards reaching these goals. This is true in all professions, but I know based on first hand experience it can be especially true in the healthcare world especially during times like these. It’s hard to see how you could grind this hard, day in and day out yet still have 10, 15, 20, 25, 30 years left until you reach financial independence/retirement. However,…
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Should I Pay Off My Mortgage or Invest?
This is a common debate amongst people on their way to retirement/financial independence and one that likely has multiple financial and psychological components. Meaning that there likely isn’t one cookie cutter answer to this question. So before making such a big decision, this question deserves some serious thought. This post will by no means be a post telling you what you should do in your own situation, but it will be informative about what the math says about this decision. Thus allowing you to create an equation for your own unique situation/circumstances so that you have all the information available before you make the best decision for you. To Pay…
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Simplifying The CARES Act: What Should I Do With My Check?
The CARES Act The CARES act or Coronavirus Aid, Relief, and Economic Security act is a federal law that in part directs the use of the 2 trillion dollars of funding for COVID-19 relief aid. For the purposes of this article, we are going to focus primarily on the stimulus checks or economic impact payment. These stimulus checks continue to be the sources of confusion amongst conversations, so I think before we talk about how to use it, we need to clarify some of the many questions surrounding it. What is it? The stimulus check is money that is considered a 2020 tax credit that citizens are being given if…
