Shaving Off My Money Mustache

I’ve been reading, researching, and writing about personal finance for a little over ten years now.  But even before I started formally sharing my financial thoughts, I spent the earliest years of my life thinking through the implications and trade-offs of how I structured my financial and economic decisions. I’ve always had a knack for finding (and utilizing for my advantage) market inefficiencies. I enjoyed saving, accumulating, and investing even early in my middle school years. I’ve certainly noticed my life and consumption have continually evolved over the last thirty years.

I started this crazy process of learning as much as I could about personal finance somewhere around 2000. I spent several years plowing through every single personal finance book at our local library and followed the research and pop-press through my entire doctoral program in financial planning. Although I read Your Money or Your Life and all of Jacob’s ERE stuff, it wasn’t until Mr. Money Mustache (MMM) came along that the movement in my brain had a coherent structure. MMM is a master at putting a ‘why’ behind the choices it takes to peruse an optimal life and efficient spending. I’ve even had Pete, the Mr. Money Mustache himself, sit with me and discuss many of the topics on this blog. Continue reading Shaving Off My Money Mustache

Selling Out To The Suburbs

I can’t believe it. We actually did it. We just bought a house in the suburbs. And, after a few more weeks of renovations, we will be moving in full time. We’ll be moving to the land of SUVs, non-walkable, car-centric, single family wastefulness that embodies urban sprawl. We even bought a new (to us) 2nd car to support our new life of excess to accompany a home with more bedrooms than we have people. This may seem normal to you, but if you’ve read my work about efficiency, lifestyle design, and riding a bike, you understand that this (on the surface) appears like a complete lifestyle paradigm shift. And in many ways it is. But, ironically, in some ways it will actually be more in line with the priorities we espouse for this stage of life.

Living the City Life Dream?
I love our old little house but I’m not sure we were really living the city life dream. At first glance our current home met the correct efficiency metrics- in-town, small, efficient, walkable (ish), paid-for. Just a few blocks from some really great trails, parks, and restaurants. Less than a mile to an incredible downtown and less than two from my office and entertainment. However, just beneath the surface were a few missing components to an ideal in-town experience. We live off a nice little street but the traffic moves quickly and almost all of our neighbors are elderly or college students. The elementary school we were zoned for is one of the weakest 5% in the state. Although we can walk around, many of our friends (and other areas we spend lots of time) are actually just out of walking/biking distance. While our home was awesome before we had kids, it has changed a bit with the two newest editions. Part of the changes are really a function of the evolution of our life over the last five years. Five years ago schools didn’t matter, going out downtown was an exciting activity, work was twice as close, and we were the college students next door. The biggest takeaway for us is that our needs in a home change as our lives evolve. (picture is the new house in the burbs’) Continue reading Selling Out To The Suburbs