Cheddar Pielosophy

Being Patient

In addition to my terrific, specific, and mostly-achievable goals for 2016, I decided to add a new twist to the mix by also picking a "word of the year" as my mantra. That word? Patience. It's a virtue, they tell me, but not one I'm intimately familiar with. I like to Get. Shit. Done. And when I'm ready to GSD, it's hard to wait. But this year, I've got a lot of waiting to do, starting now -- I get to be not only patient, but a patient as well. A patient patient, I hope! (more…)

By Cheddar Pie, ago
Frugality

So long 2015, Onward and Onward to 2016!

Ever since I was a kid I've been very goal oriented and weirdly motivated by the endorphin rush that comes from checking something off my to do list. So it should come as no surprise I enjoy this time of year -- reflecting back on what goals I accomplished the past year, kicking myself with a few face punches (metaphorical) for the ones I didn't, and looking ahead and making lots and lots of lists for the coming year. 2015 was a mixed year for me, though I would say I leave it with a sense of generally pretty spectacularly amazeballs awesome -- overall, financially, it was a very solid year, though not without some important lessons. Personally, it couldn't have been better -- Sweetie Pie moved closer to me after being in a different city for two years; I traveled a lot and saw many, many old friends; I started to feel like my house is becoming my home; and I started exploring all sorts of new pursuits outside of work (like this blog!), and somehow managed to achieve some balance of not feeling perpetually "busy" (I chalk that one up to good old fashioned gratitude!). Professionally, however, last year was a disappointment -- I had some tough days at work and have been embroiled in some deep soul searching about where I might want to go next, how to get there, and the best recipe for lemonade in the meantime. In terms of my specific goals, here's the rundown: (more…)

By Cheddar Pie, ago
Book Review

Book Review: The Millionaire Next Door

The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and William D. Danko Ok, guys. Seriously now. What's with all the hype about this book? I have been hearing about it for years as a "must read" for finance nerds like me. It's frequently referenced and people talk about it like it's a bible for everyday folks aspiring to financial independence. My take? This is one of the worst books I have ever read. Like worst worst. Certainly worst in the financial nerd sphere. Has anyone actually read this book, or you just hear about it and like the message? The message is a good one: most people with a million-dollar or more net worth are ordinary folks just like you and me. Frugality trumps excessive spending every time ... start a business, invest in rental properties, save your pennies, and don't be the guy who lives in a McMansion and drives a Cadillac Escalade. This is a good message, no question. And now that you've read it here, you don't need to read the book. So what irked me so much? So many things ... (more…)

By Cheddar Pie, ago