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Blogger Profile


John C.

Blog Info

Name:
Action Economics
Category:
General Finance
Tags:
Early Retirement, Family
Start Year:
2013

Blogger Bio

Net worth:
Location:
Sodus, Michigan, United States
Age:
30s
Race:
White
Gender:
Male
Life stage:
DIK (Dual Income, Kids)
Profession:
Nuclear Contractor
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Latest Blog Posts

A little over a decade ago I started a career in Nuclear Power.  I’ve primarily worked on Ice Condensers and Steam Generators, but I have also worked on a cavity decon job and I did one job as a scaffold builder helper. In the time I have been in this … The post How To Start A Career In Nuclear Power appeared first on Action Economics. ...
Posted: May 25 2018 @ 7:37 AM
All too often we (myself included) are talking about doom and gloom statistics, like how 2/3 of Americans can’t cover a $1,000 emergency or how the VAST majority of Americans have WAY too little in retirement savings.  I thought it would be a fun exercise to dig up some positive … The post Positive Statistics To Make You Smile appeared first on Action Economics. ...
Posted: May 18 2018 @ 8:01 AM
Getting behind on your taxes is nothing to be ashamed of. Life has a way of throwing us financial curveballs that are difficult to recover from. Often when we get behind on bills and expenses, our taxes suffer. While the IRS won’t initially come after your home or assets for … The post 6 Ways To Settle Your IRS Debt appeared first on Action Economics. ...
Posted: May 12 2018 @ 8:19 AM
Employee benefits vary wildly between employers and even between roles at the same employer.  There are often many ridiculous rules and caveats that turn these benefits programs into labyrinths with surprises around every corner.  It is extremely important to take the drivers seat and always fight for your employee benefits … The post Always Fight For Your Employee Benefits appeared first on Action Economics. ...
Posted: May 11 2018 @ 8:32 AM
Recently two friends of mine from high school passed away in their early 30s, which drove me to ask the question; How much life insurance do I need? Back in 2008 right before my son was born I took out a 20 year $500,000 policy for $21 per month. Since … The post How Much Life Insurance Do I Need? appeared first on Action Economics. ...
Posted: May 04 2018 @ 9:00 AM
I’m often asked, “What is the best way to pay off your house early”. This is a tricky question because it depends on many factors, such as your current savings rate, the amount of home debt you have, and what your yearly cash flow situation is.  In general, the more … The post What Is The Best Way To Pay Off Your House Early? appeared first on Action Economics. ...
Posted: Apr 27 2018 @ 10:00 AM
2018 has been rocky for the first quarter for us.  We spent quite a bit over our projected budget, largely due to medical spending which totaled just shy of $4,000 for the quarter. The stock market overall was down for this quarter which muted a lot of our contributions. We … The post Quarter 1 2018 Update appeared first on Action Economics. ...
Posted: Apr 20 2018 @ 9:37 AM
When I wrote Building Generational Wealth, I outlined a system that I think would work well for most people.  I have since been asked “how can / should I give more money to my kids or grandkids than what you have outlined?” Synopsis of Building Generational Wealth: For Children: Giving … The post Building Generational Wealth Stage 2 appeared first on Action Economics. ...
Posted: Apr 13 2018 @ 6:00 AM
I am frugal to a fault, and Mrs. C. will never let me hear the end of it. Cutting back on eating out, cutting my own hair, switching off all the lights constantly, wearing clothes til they fall apart, etc, has saved me maybe $3,000 a year that I can … The post It Isn’t Frugality That Builds Wealth appeared first on Action Economics. ...
Posted: Apr 06 2018 @ 6:00 AM
A few years ago I made a spreadsheet to track my progress paying off my home early (you can download a customizable copy here for free).  When I made this spreadsheet there was 1 box that helped me more that any other with staying motivated, which was the box that … The post New Retirement Planning Spreadsheet appeared first on Action Economics. ...
Posted: Mar 30 2018 @ 6:00 AM

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