JSJ 273: Live to Code, Don't Code to Live with 2 Frugal Dudes Sean Merron and Kevin Griffin

JSJ 273: Live to Code, Don't Code to Live with 2 Frugal Dudes Sean Merron and Kevin Griffin

JSJ 273: Live to Code, Don't Code to Live with 2 Frugal Dudes Sean Merron and Kevin GriffinThis episode of JavaScript Jabber features panelists Aimee Knight, Cory House, and Charles Max Wood. Special guests Sean Merron and Kevin Griffin discuss how to live frugally. Tune in to hear their advice![00:02:14] Introduction to Sean and KevinSean and Kevin are the hosts of the 2 Frugal Dudes Podcast. They are middle class software engineers. Sean works a 9 to 5 job, while Kevin owns a small business called Swift Kick. Swift Kick is a company that focuses on independent consulting, software development, and training companies for software development.[00:05:50] Different Types of Financial Advisors There is no legal reason that financial advisors have to work in your best interest. On the 2 Frugal Dudes Podcast, Sean and Kevin advise people to use fiduciary advisors. These types of advisors are not legally allowed to accept kickbacks from different funds. This means that they are more likely to help you to the best of their ability. They get paid for their services. Laws are currently changing so that everyone has to be a fiduciary advisor unless clients sign a specific form.[00:10:00] What do I do with money left over at the end of the month that I can’t put into a 401K and Roth IRA?They suggest that you put only the amount of money in your 401K that your company will match. Then, put the rest into a Roth IRA and max that out. Before you decide to do what next, you need to decide why you are saving money. When will you need the money? What will you need it for? Once you know the answer to these questions, you will be able to assess what your money will best be placed. For example, if you are saving to buy a house you need to put your money in a safe investment. A Roth IRA can be used as a savings vehicle or as an emergency fund. Sean believes that a Bank CD is the safest return you can get.[00:14:30] Best Way to Save For those who are self-employed, it is a good idea to have two emergency funds – a personal and a business fund. Business emergency funds should have five months of personal salary. Kevin built his up over two or three years and uses it as self-insurance.Sean says that the employee world is different. For him, he only keeps the minimum amount in his emergency fund. He knows that he is in a field where his job is in high demand, so feels comfortable with being able to get a job quickly. For others, this may not be the case. Have to evaluate how much to save based on how long you think you may need the money. [00:18:50] What is the first thing people should be doing for their own financial well being?Kevin follows Dave Ramsey’s advice.
- Basic emergency fund. He uses $1,000. Most emergencies fall under that amount of money.
- Get rid of all consumer debt. This includes car payments, credit cards, and student loans. Mortgage is not consumer debt.
- Grow an emergency fund to three or six months of expenses.
- Investments. Setting up retirement funds, paying for college, or mortgages.
Sean values early retirement so he focuses on that. What does retirement mean to me? What does rich mean? You should always track your money through a budget. Then you can funnel money towards emergency funds and tackling debt.Self-insurance means that you don’t have to worry about funds. It helps lower your stress knowing that you have your finances in order. It is a peaceful place to be and opens up opportunities for you. If someone has stressors in their life – for example, their car breaks down – and they have no money to fix it, they now have car and money problems. This stress can then potentially lead to other problems such as marriage problems. If the money to fix the broken car would have been there, it would alleviate stress.[00:28:23] Difference between 401k, IRA, and Roth IRAsA 401k is an employer provided, long-term retirement savings account. This is where you put in money before it is taxed. With this plan you are limited with the funds you can choose from to invest in.IRAs are long-term retirement plans as well. The first type of IRA is a Traditional IRA, which is similar to a 401k. You get tax reduction for the money you put in the account. You pay taxes once you withdraw money. A Roth IRA is where you already pay taxes on money that you are putting in, but don’t have to pay taxes when withdrawing money. You can withdraw contributions at anytime without being penalized, you just can’t take out any earnings.Another thing that is potentially good for early retirement is a Roth IRA conversion ladder. This is where you take money from a 401k and convert it into a Roth IRA and use it before 60 years old to fund early retirement.Traditional IRAs are good for business owners looking for tax deductions now. An HSA (Health Savings Account) can also be used as a retirement device. It goes towards medical expenses if needed.[00:34:20] Are there tools or algorithms I can use to figure this stuff out?There are some. Portfolio Visualizer allows you to choose different portfolio mixes and put different amounts of money in each one. Portfolio Charts is similar to Portfolio Visualizer but gives nice graphics. Sean created a JavaScript website to help people use to figure out early retirement.The hardest part is calculating return because you have to estimate what your return will be each year.[00:39:00] Put Your Money SomewhereThe only bad investment is not making an investment. Even making a bad investment is better than not having any at all. Inflation eats away at money that is just sitting.[00:42:05] If you get one of these advisors what advice should you be looking for?Need someone that tries to understand your particular situation. “It depends” is very true and your advisor should know that. No two people will have the same financial goals. They should want to help reach your goals in the least costly way possible. Other things they should be able to do is be honest and help you control your emotions during upswings and downswings. [00:47:08] Why index funds?As an investor, you can buy an index fund cheaper than buying the whole index. A mutual fund will try to buy and sell the stocks in that index in order to follow the index's performance. As an investor, you have the opportunity to buy into a mutual fund that handles it for you.You don’t have to independently invest in companies either. You can invest in an index instead that will look at, for example, top performing technology companies. It is usually a better value.[00:53:33] How much do I invest in my business verses putting money into a Roth IRA or 401k?Sean thinks it comes down to retirement goals. At some point you will want money to come in passively and retire in the future. If you can passively put X amount of dollars into your company then it can be looked at as a form of investment.Kevin evaluates his business goals every quarter. He creates a business budget based off of those goals.PicksCory
- http://www.amazon.com/dp/0393330338/?tag=chamaxwoo-20
- http://www.amazon.com/dp/1612680011/?tag=chamaxwoo-20
- http://www.amazon.com/dp/1591847818/?tag=chamaxwoo-20
Aimee
- Hacker News Thread – How to Not Bring Emotions Home With You
- http://www.phantogram.com/
Charles
- http://www.amazon.com/dp/1476757860/?tag=chamaxwoo-20
- https://www.daveramsey.com/elp
Sean
- http://www.amazon.com/dp/1501164589/?tag=chamaxwoo-20
- https://www.mrmoneymustache.com/
- http://www.mint.com
Kevin
- http://www.amazon.com/dp/0470102101/?tag=chamaxwoo-20
- https://www.youneedabudget.com/
- http://www.amazon.com/dp/1589795474/?tag=chamaxwoo-20
Links
- https://twitter.com/2frugaldudes
- https://twitter.com/seanmerron
- https://twitter.com/1kevgriff?lang=en
- http://www.swiftkick.in
- http://www.kevingriffin.com
- http://earlyretirementroadmap.com/
- http://2frugaldudes.com
Special Guests: Kevin Griffin and Sean Merron.

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Svelte 5: Compiler, Signals, and Web App Performance - JSJ 627

Svelte 5: Compiler, Signals, and Web App Performance - JSJ 627

Rich Harris joins this week's episode. They dive deep into the world of web application performance, signals, and the capabilities of Svelte 5. Join them as they explore the innovative features of Svelte 5, its compiler capabilities, and its potential impact on application building. From discussing the fastest mainstream framework to drawing parallels with traditional compiler optimization modes, they leave no stone unturned in dissecting the advancements in Svelte 5. Stay tuned as they also explore topics like React server components, the controversy around embedding SQL in React components, and much more. SponsorsChuck's Resume TemplateDeveloper Book ClubBecome a Top 1% Dev with a Top End Devs MembershipSocialsGitHub: Rich HarrisPicksCharles - Sushi Go Party! | Board GameDan - "Rethinking reactivity" talk by Rich Harris from 2019Dan - I Care a Lot Dan - Saga of the Pliocene ExileBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

9 Huhti 20241h 21min

Embracing Web Standards with Owen Buckley - JSJ 626

Embracing Web Standards with Owen Buckley - JSJ 626

Delve into a thought-provoking discussion with Owen Buckley, a seasoned web developer with 20 years of experience. Owen introduces Greenwood, a project focused on leveraging web standards and simplifying web development. Throughout the episode, They explore Greenwood's evolution, capabilities, and unique approach to application scaffolding and local development. From the emphasis on HTML and web components to Greenwood's seamless integration with HTMX, they uncover the project's vision to provide an onramp close to web standards. Join them as they navigate through the world of web development and gain valuable insights from Owen's expertise and passion for web standards and components.SponsorsChuck's Resume TemplateDeveloper Book ClubBecome a Top 1% Dev with a Top End Devs MembershipSocialsLinkedIn: Owen BuckleyPicksCharles - The White CastleOwen - Hypermedia SystemsBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

2 Huhti 20241h 9min

Simplifying Development with Deno - JSJ 625

Simplifying Development with Deno - JSJ 625

Kevin Whinnery is the Head of Developer Relations at Deno. They dive deep into the world of Deno, exploring its evolution, functionality, and differences from its predecessor, Node.js. They discuss the challenges Deno has faced in establishing compatibility with the NPM ecosystem, its out-of-the-box TypeScript support, built-in tools, and its use in edge computing. With insights into Deno's standard library, TypeScript implementation, and plans for improving compatibility with popular meta frameworks, this episode is a must-listen for developers looking to stay ahead in the ever-evolving world of JavaScript. Get ready to uncover the latest developments in Deno and its impact on the development landscape!SponsorsChuck's Resume TemplateDeveloper Book ClubBecome a Top 1% Dev with a Top End Devs MembershipSocialsLinkedIn: Kevin WhinneryGitHub: kwhinneryTwitter: @kevinwhinneryPicksCharles - ApiaryCharles - Puppeteer | PuppeteerDan - The GentlemanKevin - House of NinjasSteve - New data shows: Tabs more popular than Spaces. But Spaces users are happier.Become a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

29 Maalis 20241h 14min

Navigating Web Development Challenges - JSJ 624

Navigating Web Development Challenges - JSJ 624

Shay Davidson is a full-stack web, mobile, and game developer. He is currently leading the front end at Lemonade. The discussion revolves around the use of Supabase as a free database and its comparisons to Firebase for developer experience. They dive into building applications with Next.js and React 18, utilizing React Server Components to interact with the Supabase API. They share their experiences, frustrations, and insights regarding caching mechanisms, server actions, and the challenges of adapting to new technologies in the React ecosystem. The episode also delves into the React server components controversy, the importance of learning and experimenting with new technologies, the use of AI for creative purposes, and the potential dangers of deep fakes.SponsorsChuck's Resume TemplateDeveloper Book ClubBecome a Top 1% Dev with a Top End Devs MembershipSocialsLinkedIn: Shay DavidsonPicksAJ - Dune: Part Two (2024)Dan - Arnold Schwarzenegger Sings About Rainbows (AI)Dan - Finance worker pays out $25 million after video call with deepfake CFOShai - Rendezvous with RamaSupport this podcast at — https://redcircle.com/javascript-jabber/donationsPrivacy & Opt-Out: https://redcircle.com/privacyBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

18 Maalis 20241h 16min

Unveiling Chrome DevTools: Network Monitoring, Cache Debugging, and Beyond - JSJ 623

Unveiling Chrome DevTools: Network Monitoring, Cache Debugging, and Beyond - JSJ 623

Michael Hablich is the product lead for Chrome DevTools and Puppeteer. They delve into a comprehensive discussion on various features and uses of the network tab for monitoring API calls, performance debugging with cache, simulating network conditions, and visual understanding of page loading. They cover topics such as debugging, PHP, and the history of dev tools. Michael Hablich shares insights into the development and evolution of Chrome DevTools, highlighting its migration to TypeScript and the team behind it.Tune in to uncover the challenges and advancements in debugging tools, the potential integration of AI, and a range of powerful features within Chrome DevTools.SponsorsChuck's Resume TemplateDeveloper Book ClubBecome a Top 1% Dev with a Top End Devs MembershipSocialsLinkedIn: Michael HablichPicksDan - Killing EveMichael - Spirit IslandsSteve - Victory GripsSupport this podcast at — https://redcircle.com/javascript-jabber/donationsPrivacy & Opt-Out: https://redcircle.com/privacyBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

12 Maalis 20241h 22min

The Alphabet Soup of Performance Measurements - JSJ 622

The Alphabet Soup of Performance Measurements - JSJ 622

Dan Shappir takes the lead in explaining all of the acronyms and metrics for measuring the performance of your web applications. He leads a discussion through the ins and outs of monitoring performance and then how to improve and check up on how your website is doing.SponsorsChuck's Resume TemplateDeveloper Book ClubBecome a Top 1% Dev with a Top End Devs MembershipLinks<picture>: The Picture element - HTML: Hypertext Markup Language | MDNPicksAJ - The Way of KingsAJ - Taco BellAimee - web.devAimee - @DanShappirDan - New accessibility feature in Chrome Dev Tools: simulate vision deficiencies, including blurred vision & various types of color blindness. In Canary at the bottom of the Rendering tab.Dan - Better Call SaulSupport this podcast at — https://redcircle.com/javascript-jabber/donationsPrivacy & Opt-Out: https://redcircle.com/privacyBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

27 Helmi 20241h 19min

Simplifying Full-Stack Dev with the "Boring JavaScript Stack" and Sails Framework - JSJ 621

Simplifying Full-Stack Dev with the "Boring JavaScript Stack" and Sails Framework - JSJ 621

Kelvin Omereshone is the lead maintainer of Sales.js. In this episode, they uncover the complexities of the "Boring JavaScript Stack" and its implications for building full-stack web applications. They engage in in-depth discussions on MVC conventions, data modeling, front-end and back-end integration challenges, and the role of frameworks like React and Vue in UI development. Kelvin shares his insights on the "Boring JavaScript Stack" and its aim to simplify development by leveraging stable technologies. Alongside these technical discussions, they share personal anecdotes and delve into topics ranging from aquarium hobbies to drone certifications. Join them as they navigate through the multifaceted landscape of JavaScript developmentSponsorsChuck's Resume Template Developer Book Club Become a Top 1% Dev with a Top End Devs MembershipSocialsLinkedIn: Kelvin OmereshoneSupport this podcast at — https://redcircle.com/javascript-jabber/donationsPrivacy & Opt-Out: https://redcircle.com/privacyBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

20 Helmi 202453min

Unpacking Core Web Vitals - JSJ 620

Unpacking Core Web Vitals - JSJ 620

Harry Roberts is a web performance consultant. They immerse themselves in the critical realm of web performance and JavaScript. The esteemed panel, including the renowned Harry Roberts, delves into the intricate details of site speed measurement and the evolving landscape of web performance metrics. The conversation sheds light on the profound impact of Core Web Vitals on businesses and the challenges they pose. Join them as they navigate the intricacies of web development, explore the nuances of user experience, and unravel the complexities of performance optimization.SponsorsChuck's Resume Template Developer Book Club Become a Top 1% Dev with a Top End Devs MembershipSocialsLinkedIn: Harry RobertsGitHub: Harry RobertsPicksAJ - ImageOptimAJ - AmeriDroid AJ - CloudFreeAJ - TRÅDFRIAJ - Aquarium Co-OpAJ - MJ AquascapingAJ - AQUAPROSAJ - Father FishDan - Apple Vision ProDan - Cache Rules Everything | Harry Roberts | performance.now() 2023Dan - GriseldaSupport this podcast at — https://redcircle.com/javascript-jabber/donationsPrivacy & Opt-Out: https://redcircle.com/privacyBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

13 Helmi 20241h 19min

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