No Debt Plan

Motivations for Change

Kevin — Thu, 13 Jun 2013 11:30:45 +0000

I can’t make you change. Dave Ramsey can’t make you change. Your Mom can’t make you change. And she brought you into this world! Neither can your significant other, your brother, or your boss. These people hold great influence in your life, but they can’t make change happen for you. Why? If you get your motivation [...]

Motivations for Change is a post from No Debt Plan

Fundamental Money: Balancing Time and Cash

Kevin — Thu, 06 Jun 2013 11:30:07 +0000

My wife and I are right around the corner from significant life change. If all goes to plan our son will be here sometime in the next six weeks. There aren’t words proper enough to display the incredible mix of emotions this has caused inside me. “Eeek!” just doesn’t seem to do it justice. One [...]

Fundamental Money: Balancing Time and Cash is a post from No Debt Plan

Dreams of Living Overseas on the Cheap: Reasons I Haven’t Moved Abroad Just Yet

Kevin — Wed, 29 May 2013 11:30:02 +0000

I love America. I love the opportunities I’ve been given, the freedom I have, and the business I can build while working my normal 8-5 job. But every so often I allow myself to dream just a little bit. Of foreign lands and unknown places where the dollar seems to stretch for miles. A place [...]

Dreams of Living Overseas on the Cheap: Reasons I Haven’t Moved Abroad Just Yet is a post from No Debt Plan

When Will Saving Money Be Worthwhile Again?

Kevin — Sun, 26 May 2013 11:30:33 +0000

Do you remember the days of truly high-yield online savings accounts? “High-yield” online savings accounts still exist, but they are paying paltry amounts of interest. No, back in the good days of saving money you could earn 4%, 5%, or in some cases 6% on your money. There were no hoops to jump through. You [...]

When Will Saving Money Be Worthwhile Again? is a post from No Debt Plan

How to Appreciate a Great Boss or Peers at Work

Kevin — Thu, 23 May 2013 11:30:21 +0000

This week I got some devastating news: my boss over our operation in my city has been asked by the company to move to a different city to help turn that office around. He has been in our office for 9 years, which in my company is simply unheard of. Usually you run an office [...]

How to Appreciate a Great Boss or Peers at Work is a post from No Debt Plan

My (Mostly) Positive Experience Using Etsy to Outfit a Nursery

Kevin — Thu, 09 May 2013 11:30:10 +0000

My wife and I are expecting our first sometime in July. As such we have been outfitting a nursery with all the typical items you expect: a crib, changing table, a dresser… the list goes on and on. As I mentioned previously, I like the concept of Etsy for the unique items you can get [...]

My (Mostly) Positive Experience Using Etsy to Outfit a Nursery is a post from No Debt Plan

The Pros and Cons of Buying on Etsy

Kevin — Sun, 05 May 2013 11:30:58 +0000

In the old economy if you wanted to start a business you needed retail space, inventory, and lots of overhead to get started. In the new internet economy just about anyone can start a business with a website and producing their products on demand. Even better, you don’t even need a website. You can sell [...]

The Pros and Cons of Buying on Etsy is a post from No Debt Plan

Minimizing Expenses and Maximizing Returns with ETFs Inside a Roth IRA

Kevin — Tue, 30 Apr 2013 11:30:14 +0000

Over the last few points we’ve been discussing whether or not ETFs make sense inside of a Roth IRA. We’ve discovered that if you trade often the trading commissions will eat you alive; you’d be much better off sending your money off to low expense ratio mutual funds. Here’s what we’ve discussed thus far: Does [...]

Minimizing Expenses and Maximizing Returns with ETFs Inside a Roth IRA is a post from No Debt Plan

Calculating the Break-Even Point of ETFs Over Mutual Funds

Kevin — Sun, 28 Apr 2013 11:30:01 +0000

In my previous post I asked if using a dollar cost averaging investing method ruined the appeal of ETFs. If you are trying to build out a diverse portfolio — that is, more than 1 or 2 mutual funds — then I do think ETFs have limited use simply due to trading costs. A brief [...]

Calculating the Break-Even Point of ETFs Over Mutual Funds is a post from No Debt Plan

Does Dollar Cost Averaging Ruin the Appeal of ETFs?

Kevin — Sun, 21 Apr 2013 11:30:39 +0000

In my previous post I told you about contemplating switching from mutual funds with Vanguard to exchange traded funds (or ETFs) with equivalent index ties. In the portfolio I crafted as an example, I showed that the switch would drop my expense ratios down from 0.18% to 0.0845%. This savings of 0.0955% on every dollar [...]

Does Dollar Cost Averaging Ruin the Appeal of ETFs? is a post from No Debt Plan