November 2016 Budget Report

November 2016 Budget Report

Over Thanksgiving, our family spent 11 days with Kyle’s parents in southern California. It was a wonderful and restful trip. Kyle had to use or lose a bunch of vacation days so we planned a long Thanksgiving trip and a long Christmas trip. After paying for our flights for both of those trips this month, it was a wonderful break to be hosted by Kyle’s parents and have all of our food and so forth … Read entire article »

Recent Posts

Where’s the Tipping Point Between a Roth and Traditional IRA?

November 14th, 2016 | 2 Comments

Where’s the Tipping Point Between a Roth and Traditional IRA?

I love my Roth IRA (and my Roth 401(k)). Throughout my twenties, I didn’t have access to a workplace-based retirement account, so the IRA was a retirement-life-saver. I also was not making much money as a grad student, so using a Roth made total sense. When I speak to current grad students, I advocate using a Roth IRA for retirement … Read entire article »

Five High-Value Baby Products for Your Shower Registry

November 11th, 2016 | 2 Comments

Five High-Value Baby Products for Your Shower Registry

I have to admit I really struggled in creating the registry for DPR’s baby shower. I’m not much one for shopping, and as a first-time mother with very little exposure to babies, I didn’t have many recommendations in my mental file yet. I definitely should have sought out more recommendations from other mothers as it was very difficult to sift … Read entire article »

October 2016 Budget Report

November 4th, 2016 | 3 Comments

October 2016 Budget Report

This month, Kyle and I finally FINALLY had the money management conversation(s) we had been putting off for so long. As a result, we are making some updates to our finances:   1) We are going to live off of Kyle’s income alone for our monthly spending, short-term goals, and long-term goals (retirement). We are going to use my income to fund … Read entire article »

A Year of Net Worth Tracking

October 17th, 2016 | 4 Comments

A Year of Net Worth Tracking

On October 1, 2015, I created a spreadsheet for tracking our net worth broken out by our various accounts. While Mint has been tracking our technical net worth since Kyle and I got married and combined our finances, I consider our true net worth to be slightly different, and those differences were large enough last fall that I wanted a … Read entire article »

September 2016 Budget Report

October 14th, 2016 | 5 Comments

September 2016 Budget Report

We’re still getting our feet under us in terms of our spending on DPR, but things are starting to normalize. Our large start-up costs are largely behind us, I think, and now we’ll just have some ongoing expenses to keep her fed, clothed, etc.   One totally new expense for us this month was childcare! I had my first speaking engagement as … Read entire article »

Trading Money for Time: Our First Babysitting Hire

October 12th, 2016 | 4 Comments

Trading Money for Time: Our First Babysitting Hire

Those of us working jobs and earning an income are “trading time for money.” This is explicitly obvious if you are an hourly worker, but it’s still largely true for salaried workers. The alternative to trading time for money is to have money come in based on your investments – monetary, property, or perhaps time. It’s a less direct exchange … Read entire article »

Outfitting our Baby with Hand-Me-Down, Borrowed, and Used Stuff

October 5th, 2016 | 3 Comments

Outfitting our Baby with Hand-Me-Down, Borrowed, and Used Stuff

It’s quite challenging to maintain our frugal nature with DPR on the scene. During my pregnancy, we collected items slowly and with an eye to their cost by shopping consignment stores and sales and judiciously accepting hand-me-downs from friends and relatives. But when DPR arrived five weeks early, we went on an Amazon spending binge to finish obtaining what we … Read entire article »

Effortless Perfection in Your Finances

September 19th, 2016 | 2 Comments

Effortless Perfection in Your Finances

My (grad school) alma mater is notorious for holding its undergraduate women to an impossible standard: effortless perfection. Effortless perfection in that context means not only being smart and getting top grades; looking beautiful, fit, and put-together; being popular and kind; succeeding at everything you attempt; etc., but doing it all without even appearing to be striving. No one is … Read entire article »

August 2016 Budget Report

September 2nd, 2016 | 8 Comments

August 2016 Budget Report

I have to admit we have not been paying much attention to our spending in the last few months. That’s likely unsurprising given that we’re still adjusting to life with our new baby and we’re earning much more money than we used to. In fact, we’ve gotten a bit trigger-happy with our Amazon purchases in the last few months. It … Read entire article »