Some Informal Financial Explanations
Welcome! The goal of this blog is to explore and explain some financial decision-making using some back-of-the-envelope math.
Welcome to My
Finance Blog
401k and IRA Alphabet Soup
Despite the tricky names, this topic can actually be simple. Let’s start with an easy breakdown of the two main retirement account types. 401k – This is a retirement account that you set up through work. You can only put money into a 401k account through payroll deductions (taken out of your paycheck before you…
I Am Moving. Should I Sell My House or Rent It Out?
So, despite my best efforts, there is still some complexity within a lot of the financial decisions discussed in this blog. However, this one is one of the easier choices to explain. The math is simple and is truly Back of The Envelope. First, a few assumptions… 1 – You need to be able to…
Follow My Blog
Get new content delivered directly to your inbox.
The author is not a financial professional and does not endorse or recommend any specific actions for any individuals. Please seek advice from financial and/or tax professionals before acting.
Financially, I grew up in a generally conservative household. I would say that I knew the value of working for a dollar, had a few summer jobs and did odd jobs for neighbors. I knew that overspending was bad but conversations about debt instruments and retirement vehicles were not typical coffee talk.
Throughout my adult life, I have always been interested in investing of different types. I recognize that most people are not interested in investing and financial literacy. This blog is an attempt to discuss some common financial scenarios and terms in an informal way that isn’t as “stuffy” as it can be sometimes.
Back of the Envelope Finance 