My Financial Lens: Pricing a Pooch

I can’t help myself. I price out everything.  Looking to get a new dog? That’ll cost approximately $36,000 over the pooch’s lifespan. Starting a family? Each child will cost approximately $500,000 to raise.  I don’t just see a pool or a hot tub. I see the entire lifetime of affiliated costs.  It’s just how myContinue reading “My Financial Lens: Pricing a Pooch”

You Don’t Have to Get Absolutely Clobbered by Inflation

A lot of what I write about in this blog is common sense. That’s painfully true for this post. Ready? Avoid things that are severely impacted by inflation. I know, some things are unavoidable: rising rents, rising healthcare premiums, rising childcare costs, rising education costs, etc. But no one is forcing you to buy chickenContinue reading “You Don’t Have to Get Absolutely Clobbered by Inflation”

It’s the Most Wonderful Time of the Year

American households are taking on record amounts of debt. Inflation is at a 39-year high. Still, Americans managed to spend more on Christmas than they have in 14 years. Not this household. We spent less than we ever have due to my wife’s ingenuity and our local Buy Nothing chapter. It was the perfect endingContinue reading “It’s the Most Wonderful Time of the Year”

That $550 T.V. Actually Cost You $9,350

You think I’m Ryan Davis, but I’m actually the Grinch. And I’m here to remind you that if you spend $250 online today, you’re giving up $4,250 in retirement savings. That’s actually a pretty fun game! By some estimates, an investment of $1,000 in a retirement account today would balloon to about $17,000 in 30Continue reading “That $550 T.V. Actually Cost You $9,350”

Shit is About to Hit the Fan

This is going to be a short post, but I feel compelled to write something in the wake of the economic numbers released this morning. As you probably know, the Consumer Price Index rose 6.2 percent in October from a year ago, its fastest increase since 1990. Prices of clothes, lawn mowers, and car partsContinue reading “Shit is About to Hit the Fan”

The “Something’s Got to Give” Argument

I’ve noted several times in this blog that sending your kid to a four-year public university in 18 years will cost more than $200,000. Folks remain incredulous. “No,” they say. “Costs will stop going up at some point.” “Why?” I always ask. “Well, they just have to. Something’s got to give or no one willContinue reading “The “Something’s Got to Give” Argument”

Early Parenting on the (Sort of) Cheap

America is not the best place to have and raise kids. A recent New York Times article had this little nugget of information: “Rich countries contribute an average of $14,000 per year for a toddler’s care, compared with $500 in the (United States).” So, if you’re a parent, you’re basically on your own. You alreadyContinue reading “Early Parenting on the (Sort of) Cheap”