The case against socially responsible investing (SRI)

Abstract: As attractive as it sounds, investing with a bleeding heart only leads to a bleeding portfolio.  Socially responsible investing costs both you and the causes you care about a lot of money and goodwill.  There are better ways to both invest your money and affect positive change in the world. Specifically, over 10 years […]

More roommates = more money + more fun

Abstract: Ever thought about finding some roommates to save money?  Well, getting one roommate would save the average American renter about $6,000 per year, while getting two roommates would save $7,600 per year.  Despite the diminishing marginal returns of extra roommates, there’s actually a lot to be said about the non-financial aspects of platonic cohabitation […]

ETFs vs. mutual funds

Previously, I showed how low-cost, passive mutual funds can save you money versus actively managed funds that try to beat the market.  And in this post, I am here to tell you that ETFs can accomplish the same thing, and maybe even do it better. Giving credit where credit is due, this article wouldn’t have happened […]

Live close to work to save on commuting costs

Right off the bat, I have to mention that my inspiration for this post was Mr. Money Mustache.  He has a very similar post, and I want to give credit where credit is due: The True Cost of Commuting by Mr. Money Mustache. That being said, I had to get this into my ROI scoreboard […]

Working from home to save money

How much money could you save by working from home, or to put it differently, how much of a pay cut would you be willing to take to work from home?  Answer: $106,000 over 10 years, over 2 times the average American salary.  Unfortunately, quality work-from-home opportunities are not always easy to come by. If you are […]

Car commuting: a bad proposition – part 2

Part 2: The Fair-weather Commuter Riding in cars can be really fun and convenient, especially on a sunny 70-degree day with the windows down and the music loud, but you will pay dearly for that privilege.  In part 1 of the car commuting series, I looked at the ROI of getting rid of your car […]

Car commuting: a bad proposition – part 1

Without a doubt, car commuting is the Enemy of the early retiree.  Using a car regularly is costing you BIG dollars and keeping you on the financial treadmill longer than necessary.  Not that I don’t understand the allure of car ownership.  The car lifestyle is extremely convenient and enjoyable, but it is very clear to […]