Our Journey

The articles in this section of our site are presented in chronological order from the beginning. This tale is a bit of a roller coaster ride with some great success and abysmal failures. We are still living this journey and writing about it every single day. Hopefully you will find a little entertainment and a lot of knowledge in these posts. Our wish is that some of you may learn from our mistakes and make your story a little less rocky than ours has been.

Please Allow Me To Introduce Myself

If you’ve found us, you’re probably looking for advice on how to get your shit together, financially speaking. Welcome. But before we start talking about said shit, please allow us to introduce ourselves. Kind of. We are not experts on investing or how to get rich quick or how to barter your way from a single red paperclip to a house. We are experts…

Money For Nothing – Credit Card Debt

As I said in our first post, we’ve made a fuck ton of mistakes. It’s gonna take several posts to cover them all. Here’s the first, credit card debt. When I was 18, and in college, I got my first credit card. I got it on a whim, without any forethought. They had been calling me weekly, trying to get me to apply. I…

Give Me Your Money – MLM Rackets

When Scott was 19 and I was 20, we joined a legal pyramid scheme, otherwise known as a multilevel marketing company, or an MLM. You’ve probably heard of them – Amway, Herbalife, Market America. But if you’ve never had the pleasure of being approached about joining an MLM, let me break it down for you. You typically pay a fee to join the company,…

It’s A Bitch – Interest Hurts

Interest is a bitch.* The amount of money financed on car loans, student loans, personal loans, and credit card debt is enormous (we’re talking trillions, with a T). And the interest paid on it is staggering. And in large part, unnecessary. But that’s a subject for another post. Or several other posts. For now, let’s talk about systematically attacking your debts. Since you’ve definitely…

Two Out Of Three Ain’t Bad – Business Failures

Despite our monumental stupidity, we have been incredibly fortunate. For the most part. We have run into a bit of bad luck from time to time in business. And unfortunately, one time, it cost us a shitload of money. Scott is a perpetual entrepreneur, and has been since his first adult job gave him a whopping $0.30 raise. He decided pretty much right there…

Are You Happy Now? – Spending Money Won’t Help

We’re about to start getting into the good stuff. Not just getting yourself out of debt, but building some savings, and before long, some wealth. But before delving into the logic and numbers, I want to talk about emotions. Because money, especially spending money, and emotions go hand in hand. Marketing depends on it. How we feel about money, and spending and saving, starts…

I Love To Live So Pleasantly – Stop The Spending

In 2007, life was amazing. We were complete morons, but hadn’t come to that realization yet, and as they say, ignorance is bliss. Right up until the light bulb snaps on and you see the enormous fucking hole you’ve been spending yourself into. The economy was great. Scott’s one remaining business was raking in money. I was making decent money, but Scott was making…

Make A Stash – Your Emergency Fund

So, how much money do you need to save? Again, I’m not here to dictate an amount or a percentage to you. You have to decide for yourself what your goals are, what you are willing to do, and how much and how long it’s going to take to get you there. But we can give you the tools to help you figure out…

Taxman – The Tax Comes Due

About half way through 2008, the housing market bubble was revealed for the house of cards it was, and it imploded. Taking the economy, and business number 3, with it. And that, my friends, is where our real trouble began. Scott, already under the tremendous weight of running 2 business and being responsible for not just our livelihood, but other people’s as well (which…

When I’m 64 – Let’s Start Investing

Once you’ve built an emergency fund, and perhaps even while you are building it (I will get into more detail on that in a future post), it’s time to do something else with your extra money every month. Investing it. Investing your money puts it to work for you to earn more money, which then also goes to work for you to earn even…

Ain’t No Sunshine – Cutting Expenses

When Scott got laid off near the end of 2013, we were in trouble. He made about 60% of our income. He was able to collect unemployment for 6 months, but it was less than a third of what he had been making. We had been making significant headway on our debt up until that point, but it was no longer an option. We…

Only Darkness Everyday – Owe Back Taxes? It Hurts!

In October 2017, not even 2 full months after we signed our second installment agreement with the IRS, we filed our taxes, and we owed more than we had paid in. It’s beginning to feel like we will always owe back taxes to the IRS. We were able to pay all but $1,200 of it, but it was still grounds to nullify our installment…