The Added Everyday Costs Of Driving An SUV

I recently had my SUV in the shop for some warranty work and they gave me a small sport sedan as a ‘loaner’ car for the morning. My SUV isn’t huge – and we use it as our family hauler – but I wondered out loud how much better a smaller vehicle might be for gas mileage. The technician added, “for the environment, too”. Here’s … Continue reading The Added Everyday Costs Of Driving An SUV

Save For Retirement Before College?

One of the many ‘rules’ most financial experts advise is saving for your own retirement before saving for your kids’ post-secondary education.  The idea is like when you are on a plane – you should put on your own oxygen mask before helping your little ones with theirs.  The curiously paradoxical thing about this financial advice is that no one I have ever met seems … Continue reading Save For Retirement Before College?

Warehouse Club Time Wasters & Lies

We’re Sam’s Club members and just before Thanksgiving, I stopped in to quickly return something. I was glad I hadn’t bought anything that day, because the line to get OUT of the store was an incredible sixteen carts long. Both Sam’s and Costco require customers exiting to have their receipts checked by store employees by the door. I always felt that this practice was ineffective … Continue reading Warehouse Club Time Wasters & Lies

Savings Rates & Reaching FIRE

Are you saving enough?  It’s the most basic of questions.  Yet, I’m always so disappointed when I see an article showing how low the US savings rate is.  A recent study by Fidelity showed that the average American is saving about 8.5% of their after-tax income – including the value of any employer matches. Even though 8.5% savings is far less than is typically suggested … Continue reading Savings Rates & Reaching FIRE