Blogger Profile

James Spencer

Blog Info

The Broke Architect
General Finance
Start Year:

Blogger Bio

Net worth:
Alexandria, Virginia, United States
African American
Life stage:
SINK (Single Income, No Kids)
Fave $ Books:
Oops! We don't have this blogger's faves, yet. If this is your blog, fill out our poll here!

(Is this your profile page? Update your info here. To update your icon, go to gravatar.com.)

Latest Blog Posts

In my last post, I wrote about the four overarching categories that have an impact on how much money you are able to save and pay down debt. The categories are housing costs, transportation costs, food costs and discretionary spending. This post will focus on the one category that typically consumes the largest portion of most people’s income—housing ... Read more ...
Posted: Jun 10 2018 @ 8:18 PM
In the blog post “Budgeting the Foundation of Wealth Building,” I discussed the various types of budgets that could be used to take control of your finances. But within all budgets, there are four overarching categories that have an impact on how much money you are able to save and pay down debt. The categories are housing costs, ... Read more ...
Posted: Apr 29 2018 @ 5:57 PM
Currently, I am reading Elizabeth Willard Thames’s book “Meet the Frugalwoods – Achieving Financial Independence Through Simple Living.” In her book, Mrs. Thames tells the story of her family’s path to financial independence. There are sections of the book where she discusses living in economically disenfranchised communities and how that experience helped her to realize how privileged she ... Read more ...
Posted: Apr 15 2018 @ 10:13 PM
Back in 2014, Mrs. Broke Architect and I began questioning why we had a financial advisor. We met with him once a year, if that, to review our financial situation. Most of the time he would just tell us: “You guys are doing great; I’ll see you next year.” After hearing that for a few years, we begin ... Read more ...
Posted: Mar 18 2018 @ 7:26 PM
“Be fearful when others are greedy, and greedy when others are fearful.” Warren Buffet All of the leading economic indicators says that the American economy is strong and looking to continue to grow for the foreseeable future. Unemployment is down, consumer confidence and consumer spending are up and many forecasters are expecting it to continue to rise throughout ... Read more ...
Posted: Mar 04 2018 @ 8:13 PM
“We need to become less dependent on our incomes,” is a statement I heard from Paula Pant while listening to the Stacking Benjamins podcast. Her statement really got me thinking about how I have spent most of my adult life enslaved to various employers. Not trying to use the word “slave” lightly. But when I consider how I ... Read more ...
Posted: Feb 19 2018 @ 8:51 PM
Back when I lived a more financially challenging life, I used to find myself wondering how the so-called money experts lived their lives without making money mistakes. They always seemed to be have the right advice for every situation.  How did they this get all of this knowledge' And more importantly, do they every make any money mistake' ... Read more ...
Posted: Feb 04 2018 @ 9:16 PM
Personally, saving money has always been something that was difficult to do. Just starting to save when I had no saving to begin with, seemed like an impossible task. And just like most people I know, once I started saving—which was about 3% of my income—I never thought much about how much I was saving for a long ... Read more ...
Posted: Jan 22 2018 @ 1:36 AM
At the end of 2016 when Mrs. Broke Architect and I set down to develop our financial plan for 2017, we had a net wealth of – $83,671 (To refer to my Net Worth vs Net Wealth Whats The Difference blog post to see how I calculated this number) . The purpose of our meeting was to review ... Read more ...
Posted: Jan 08 2018 @ 1:30 AM
The end of the year is a very financially stressful time in the Broke Architect household. It is not from any pressure to lavish our friends and family with incredible gifts. What stresses us out are the various financial decisions that need to be made during this time of the year, due to the major impact these decisions ... Read more ...
Posted: Dec 24 2017 @ 9:56 PM


"This is one of the best, most informative personal finance web sites I've ever seen"

-- Daffy Duck, DaffyIsSoTaffy.com

"This guy clearly knows his shit; with every post, I feel like he's got my back as one of those "savers", and his web site is pretty damn cool, too"

-- Scuba Steve, MyScubaGearIsSoWet.com

Leave a Comment

To leave a comment about this blog, fill out the following form.