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Blogger Profile


Dave

Blog Info

Name:
The Financial Journeyman
Category:
General Finance
Tags:
Investing, Financial Independence, FIRE, Personal Finance
Start Year:
2017

Blogger Bio

Net worth:
$1,000,000.00
Location:
Covington Township, Pennsylvania, United States
Age:
40s
Race:
White
Gender:
Male
Life stage:
DINK (Dual Income, No Kids)
Profession:
Human Resources (HR)

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Latest Blog Posts

INTRODUCTION You cannot manage a household or do much of anything in this world without the input of money. There are so many people who lack the financial means to live and enjoy a high-quality life.  Money is what stands in the way of them acquiring their needs or wants. When there is a problem, various solutions will be thrown up. Welcome to the world of Peer-to-Peer Lending (P2P). DEFINITION ...
Posted: Jul 20 2017 @ 9:16 AM
Can you travel when you have credit card debts? Some individuals will say this is a bad financial move. You should think about saving money instead of planning a vacation. You need to think about the ways to pay off debt. But is it true? Let’s find out. I don’t feel that it’s irresponsible to travel when you have credit card debts. You can travel and pay off debt simultaneously. ...
Posted: Jul 15 2017 @ 9:16 AM
“A man who conquers himself is greater than one who conquers a thousand men in battle”. – Buddha As of late, I have come across the topic of locus of control a couple times.  During a strategic planning meeting at work, the Vice President of HR mentioned that we need leaders who have an internal locus of control as part of the committee that will be implementing our new strategic ...
Posted: Jul 10 2017 @ 6:15 PM
They say that a boat owner has two happy days.  The first happy day is when they buy their new boat.  The second happy day is when they sell it.  That is based on the initial elation of having access to many bodies of water that are otherwise not available without a watercraft.  The costs tied to boat ownership, however, eventually erodes that elation over time. I have nothing against boats.  My friend has ...
Posted: Jul 04 2017 @ 2:39 PM
Many of my friends know that I truly enjoy living a frugal life, investing, and working toward financial independence.  Most of my friends, however, do not share the same passion for personal finance the way that I do.  They all like what money provides, but they are more focused with other interests. Over the years, people have asked me to set up their work sponsored 401K.  Others have asked for help setting up ...
Posted: Jun 28 2017 @ 6:33 PM
If you live in the Northeast and enjoy amusement parks, you should consider visiting Knoebels Amusement Resort.  My wife and I recently had the opportunity to visit this gem of a park located in Elysburg, Pennsylvania for a family outing.  Knoebels Amusement Resort is a wonderful park nestled in the Endless Mountains in Central, Pennsylvania.  Knoebels is located about 13 miles off Interstate-80.  It is about a 3-hour drive from ...
Posted: Jun 23 2017 @ 7:51 AM
Albert Einstein said that compound interest is the 8th wonder of the world.  He who understands it will earn it, and he who doesn’t will pay it.  If compound interest is the 8th wonder of the world, then I feel that the power of a dual income couple is the 9th.  Being in a dual income couple can be a powerful wealth building partnership if managed correctly. At my first ...
Posted: Jun 15 2017 @ 11:45 AM
No matter how old you are, it is never too early to start investing. Whether you are in high school, college or just finished school, now is the time to start putting money toward securing your financial future. The good news is that it is easy to start investing no matter how much you have to invest, what your risk tolerance is or what your goals may be. How Do ...
Posted: Jun 09 2017 @ 10:40 AM
When I was growing up in the 1980’s, it was common to receive an EE Government Savings Bond for a gift.  My relatives would get them for me for my birthday, when I received a sacrament at church, or for a holiday gift.  At the time, I would have much preferred a video game or almost anything other than a savings Bond. Looking back, my relative’s choice in gifts had ...
Posted: Jun 05 2017 @ 2:47 PM
Thank you for reading part-4 in my series on asset allocation.  In my last post, I wrote about our current balanced-growth asset allocation.  That is the asset allocation that we plan on maintaining until we retire in 2028. In this post, I will be considering the future.  This post is about how I foresee our assets being allocated at the time of retirement.  I use the word foresee because it is what I am ...
Posted: May 31 2017 @ 2:57 PM

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