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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JSJ 432: Internet of Things (IoT) with Joe Karlsson

JSJ 432: Internet of Things (IoT) with Joe Karlsson

JavaScript Remote Conf 2020May 13th to 15th - register now!Joe Karlsson is a developer advocate at MongoDB. He and the panel walk through the different approaches, uses, and libraries for building IoT with JavaScriptPanelAimee KnightCharles Max WoodAJ O’NealDan ShappirSteve EdwardsGuestJoe KarlssonSponsorsG2i | Enjoy the luxuries of freelancing  "The MaxCoders Guide to Finding Your Dream Developer Job" by Charles Max Wood is now available on Amazon. Get Your Copy Today!  LinksCylon.js - JavaScript framework for robotics, physical computing, and the Internet of Things using Node.jsJohnny-Five: The JavaScript Robotics & IoT PlatformArduino - HomeTessel 2Tessel Kit for Johnny-FiveThe Programming Language LuaLuvit.ioGumstix, Inc.PicksAJ O’Neal:MicroPython - Python for microcontrollersRaspberry Pi Reverse Emulator (Part 1)Raspberry Pi Reverse Emulator (Part 2)Arduino With Python: How to Get Started – Real PythonDuktapeHow to Diagnose and Fix Everything ElectronicGetting Started in ElectronicsMake: Electronics (Book)Make: Electronics (Component Pack)Aimee Knight:Cutting Your own HairJoe's AppartmentCharles Max Wood:The Iron Druid Chronicles Series by Kevin HearneJavaScript Jabber MeetupSteve Edwards:Pearls Before SwineDan Shappir:JavaScript Remote Conf 2020JS VidConFuture Sync ConferenceJoe Karlsson:Follow Joe on Twitter > @JoeKarlsson1MongoDB.liveFollow JavaScript Jabber on Twitter > @JSJabber Special Guest: Joe Karlsson. Support 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.

5 Touko 202057min

JSJ 431: Personal Branding for Developers with Morad Stern

JSJ 431: Personal Branding for Developers with Morad Stern

JavaScript Remote Conf 2020May 13th to 15th - register now!The JSJ panel talks with Morad Stern from Wix about personal branding; what it is, why it’s important for developers, and how to build it.PanelSteve EdwardsAJ O’NealDan ShappirGuestMorad SternSponsorsTaikoEducative.io | Click here for 10% discount  "The MaxCoders Guide to Finding Your Dream Developer Job" by Charles Max Wood is now available on Amazon. Get Your Copy Today!  LinksObama asks America to learn computer scienceConfiguring Apache Solr Multi-core With Drupal and Tomcat on Ubuntu 9.10PicksAJ O’Neal:Follow AJ on Twitter > @coolaj86War Stories | How Crash Bandicoot Hacked The Original PlaystationCrash Bandicoot Co-Creator Andy Gavin: Extended Interview | Ars TechnicaThe Story of Spyro the Dragon | Gaming HistorianUtah Node.js: Scaling Node.js at PlaidSteve Edwards:Follow Steve on Twitter > @wonder95, WebsiteSix13 Uptown Passover - an "Uptown Funk" adaptation for PesachDan Shappir:Follow Dan on Twitter > @DanShappirScott LynchMorad Stern:Follow Morad on Twitter > @moradThis Is Marketing: You Can't Be Seen Until You Learn to See: Seth GodinFollow JavaScript Jabber on Twitter > @JSJabber Special Guest: Morad Stern. Support 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.

28 Huhti 202053min

JSJ 430: Learning JavaScript in 2020 with Matt Crook

JSJ 430: Learning JavaScript in 2020 with Matt Crook

JavaScript Remote Conf 2020May 13th to 15th - register now!Matt Crook joins the conversation to talk with the JavaScript Jabber panel to talk about his experience going through Nashville Software School. The panel discusses and asks questions about getting into programming, working through the bootcamp, and what prospects are for bootcamp graduates.PanelAJ O’NealAimee KnightCharles Max WoodSteve EdwardsDan ShappirGuestMatt CrookSponsorsTaikoEducative.io | Click here for 10% discount "The MaxCoders Guide to Finding Your Dream Developer Job" by Charles Max Wood is now available on Amazon. Get Your Copy Today!  PicksAJ O’Neal:PostgRESTThe Way of KingsVirtualBoxBootable Installers for MacOS, Windows, and moreAimee Knight:State of Microservices 2020 ReportPeloton BikeCharles Max Wood:The HobbitD&D Starter SetJavaScript WeeklyDevchat.tv Remote MeetupsDevchat.tv Remote ConferencesReading to KidsSteve Edwards:It Is Well With My SoulPitbull Gold PRO Skull ShaverBrad BalfourDan Shappir:Gödel, Escher, BachTranslating "The Hobbit" in CaptivityMatt Crook:Follow Matt on Twitter > @mgcrook, Instagram, LinkedInSwolenormousFireshipStatic HeadzYugenFollow JavaScript Jabber on Twitter > @JSJabber Special Guest: Matt Crook. Support 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.

21 Huhti 20201h 12min

JSJ 429: Learning about Postman with Joyce Lin

JSJ 429: Learning about Postman with Joyce Lin

JavaScript Remote Conf 2020May 13th to 15th - register now!Join us as we talk to Joyce Lin, a developer relations advocate with Postman, and we talk about this amazing tool for interacting with APIs. We discuss it’s more well-known features, and also learn about other less well known, but very powerful features that allow users to greatly increase the usefulness of the tool, both for front end and back end developers.PanelAimee KnightSteve EdwardsGuestJoyce LinSponsorsG2i | Enjoy the luxuries of freelancingEducative.io | Click here for 10% discount____________________________________________________________ "The MaxCoders Guide to Finding Your Dream Developer Job" by Charles Max Wood is now available on Amazon. Get Your Copy Today! ____________________________________________________________LinksPostman Roadmap on TrelloFollow Postman on Twitter >Postman | The Collaboration Platform for API DevelopmentPicksSteve Edwards:The Big Red NO! Button Desktop Sound ToyJoyce Lin:Follow Joyce on Twitter > @petuniaGrayThe Science of Well-Being by Yale University | CourseraFollow JavaScript Jabber on Twitter > @JSJabber Special Guest: Joyce Lin. Support 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.

14 Huhti 202040min

JSJ 428: The Alphabet Soup of Performance Measurements

JSJ 428: The Alphabet Soup of Performance Measurements

JavaScript Remote Conf 2020May 14th to 15th - register now!Dan Shappir takes the lead to explain 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.PanelAJ O’NealAimee KnightSteve EdwardsDan ShappirSponsorsTaiko, free and open source browser test automationEducative.io | Click here for 10% discount____________________________________________________________ "The MaxCoders Guide to Finding Your Dream Developer Job" by Charles Max Wood is now available on Amazon. Get Your Copy Today! ____________________________________________________________Links<picture>: The Picture element - HTML: Hypertext Markup Language | MDNPicksAJ O’Neal:The Way of KingsTaco BellAimee Knight:web.dev@DanShappirDan Shappir: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.Better Call SaulFollow JavaScript Jabber on Twitter > @JSJabberSupport 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.

7 Huhti 20201h 17min

JSJ 427: How to Start a Side Hustle as a Programmer with Mani Vaya

JSJ 427: How to Start a Side Hustle as a Programmer with Mani Vaya

JavaScript Remote Conf 2020May 14th to 15th - register now! Mani Vaya joins Charles Max Wood to talk about how developers can add the enterepreneur hat to the others they wear by starting a side gig. They discuss various ideas around entrepreneurship, the books they got them from, and how they've applied them in their own businesses.PanelCharles Max WoodGuestMani VayaSponsorsTaiko__________________________________________________ "The MaxCoders Guide to Finding Your Dream Developer Job" by Charles Max Wood is now available on Amazon. Get Your Copy Today! __________________________________________________PicksMani Vaya:Good to GreatThe Lean StartupCharles Max Wood:Expert SecretsThe Masked Singer Follow JavaScript Jabber on Twitter > @JSJabbber Special Guest: Mani Vaya. Support 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.

31 Maalis 202045min

JSJ 426: Killing the Release Night with Progressive Delivery with Dave Karow

JSJ 426: Killing the Release Night with Progressive Delivery with Dave Karow

JavaScript Remote Conf 2020May 14th to 15th - register now! Dave Karow is a developer evangelist for Split. He dives into how you can deliver software sustainably without burning out. His background is in performance and he's moved into smooth deliveries. He pushes the ideas behind continuous delivery and how to avoid getting paid to stay late in "free" pizzas.PanelAJ O’NealAimee KnightCharles Max WoodDan ShappirGuestDave KarowSponsorsG2i | Enjoy the luxuries of freelancingTaiko - free and open source browser test automationCacheFly____________________________________________________________ "The MaxCoders Guide to Finding Your Dream Developer Job" by Charles Max Wood is now available on Amazon. Get Your Copy Today! ____________________________________________________________LinksSplit.ioContinuous Deliveryzeit.coThe Practical Test PyramidAccelerateThe Unicorn ProjectEnder's GameEnder's ShadowAtlassian SummitDeliveryConfJSJ 418: Security Scary Stories and How to Avoid Them with Kevin A McGrailFeature togglesplit.io Dave KarowProgressive DeliverySpeaker Deck Dave KarowLearn Enough Command Line to Be DangerousBeyond Code BootcampPicksAimee Knight:Designing for PerformanceEarly Riser or Night Owl?Dan Shappir:web.devAJ O’Neal:CineRAID CR-H458DataCenter 8TB DrivesTiltamax Wireless Follow Focus SystemCharles Max WoodThe ExpanseCourse Creator PRODave Karow:AccelerateFollow JavaScript Jabber on Twitter > @JSJabb Special Guest: Dave Karow. Support 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.

24 Maalis 20201h 13min

JSJ 425: The Evolution of JavaScript

JSJ 425: The Evolution of JavaScript

Dan Shappir takes the lead and walks the panel through the history of JavaScript and a discussion on ES6, TypeScript, the direction and future of JavaScript, and what features to be looking at and looking for in the current iteration of JavaScript.PanelAJ O’NealAimee KnightCharles Max WoodSteve EdwardsDan ShappirSponsorsTaiko - free and open source browser test automationSplit____________________________________________________________ "The MaxCoders Guide to Finding Your Dream Developer Job" by Charles Max Wood is now available on Amazon. Get Your Copy Today! ____________________________________________________________LinksThe TC39 ProcessLe Creuset Star Wars™ Han Solo Roaster | Williams Sonoma124 JSJ The Origin of Javascript with Brendan EichCrockford on JavaScriptLe Creuset TurkeyMJS 108: Dan ShappirMJS 132: Douglas CrockfordJSJ 392: The Murky Past and Misty Future of JavaScript with Douglas Crockford"Things You Can Do In ES6 That Can't Be Done In ES5" - View Source talk by Dan ShappirObject Property Value Shorthand in JavaScript with ES6Spread syntax - JavaScript | MDNJavaScript for-loops are… complicated - HTTP203Optional chaining - JavaScript | MDNBreaking Chains with Pipelines in Modern JavaScriptPicksAJ O’Neal:Expert SecretsCourse Creator ProBraun Series 7Aimee Knight:Kickstarter Employees Win Historic Union ElectionBroccoli Sprouts Nutrition And Benefits Of SulforaphaneCharles Max Wood:The ExpanseThe Masked SingerLEGO MastersSteve Edwards:BeanoSteve Wright HBO specialDan Shappir:CC 001: Clean Agile with Robert "Uncle Bob" Martin.NET 019: The History of .NET with Richard CampbellRRU 097: State Management and React Component Design with Becca BaileyFollow JavaScript Jabber on Twitter > @JSJabberSupport 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.

17 Maalis 20201h 18min

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