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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Episoder(734)

What's New with Elm? ft. Lindsay Wardell - JSJ 527

What's New with Elm? ft. Lindsay Wardell - JSJ 527

Elm is a functional language that compiles to JavaScript and runs in the browser. Lindsay Wardell from NoRedInk joins the JavaScript Jabber panel this week to discuss her background with Vue and Elm. The discussion ranges into how Lindsay got into Elm and how it differs and solves some of the issues that crop up when people build apps with JavaScript.SponsorsTop End DevsRaygun | Click here to get started on your free 14-day trialCoaching | Top End DevsLinkselm-vue-bridgeGitHub - lindsaykwardell/vite-elm-templateUtilizing Elm in a Web WorkerSetting up an Elm project in 2022Lindsay WardellPicksAJ- GitHub: coolaj86/AJScriptAJ- SlonikFollow CoolAJ86 Live Streams: YouTube: https://youtube.com/coolaj86Twitch: https://twitch.tv/coolaj86Follow Beyond Code: YouTube: https://www.youtube.com/channel/UC2KJHARTj6KRpKzLU1sVxBATwitter: https://twitter.com/@_beyondcodeCharles- Taco Cat Goat Cheese PizzaDan- UprootedDan- Support UkraineLindsay- Elm Radio PodcastLindsay- Why Isn't Functional Programming the Norm? – Richard FeldmanLindsay- A Taste of Roc — Richard FeldmanSteve- Twitter: Dad Jokes ( @Dadsaysjokes )Special Guest: Lindsay Wardell.Sponsored By:Raygun: Raygun now offers Real User Monitoring of Core Web Vitals. Start your 14-day free trial now.Coaching | Top End Devs: Do you want to level up your career? or go freelance? or start a podcast or youtube channel? Let Charles Max Wood Help You Achieve Your DreamsTop End Devs: Learn to Become a Top 5% Developer. Join our community of ambitious and engaged programmers to learn how.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.

12 Apr 20221h 16min

React Component and State Management - JSJ 526

React Component and State Management - JSJ 526

This episode is Part 3 of the Dan Shappir trilogy. Today, he’s laying out the deets on components and state management inside of React, plus some exciting developments coming later this year.In This Episode1) Why you ought to know the “ideal” situation for React components (and how to get there!) 2) These new “front-end paradigms” that are going to CHANGE how we approach React and others 3) SUPER exciting developments coming for React in 2022SponsorsTop End DevsCoaching | Top End DevsPicksAJ- Dash IncubatorAJ- Talks at GoogleFollow CoolAJ86 Live Streams: YouTube: https://youtube.com/coolaj86Twitch: https://twitch.tv/coolaj86Follow Beyond Code: YouTube: https://www.youtube.com/channel/UC2KJHARTj6KRpKzLU1sVxBATwitter: https://twitter.com/@_beyondcodeCharles- Dice Forge | Board Game | BoardGameGeekCharles- Top End Devs - for upcoming workshopsDan- Support UkraineDan- Interview with Senior JS Developer in 2022 - YoutubeSupport 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.

29 Mar 20221h 8min

Supply Chain Security - Part 2 - JSJ 525

Supply Chain Security - Part 2 - JSJ 525

There’s always more to learn about security, especially nowadays. In this episode, the Jabberers continue their conversation with Feross Aboukhadijeh about supply chain security. You can never be too careful! (Well…maybe.)“The most important thing you can do is have a mindset shift around dependencies.” _ _- Feross AboukhadijehIn This Episode1) How the BEST way to keep your security tight is NOT done on the computer 2) Why we’re seeing a trend toward THESE kinds of packages in 2022 3) What you NEED to know about dependencies and their expiration datesSponsorsTop End DevsRaygun | Click here to get started on your free 14-day trialCoaching | Top End DevsPicksAJ- Download - The Go Programming LanguageAJ- xtz - npmFollow CoolAJ86 Live Streams: YouTube: https://youtube.com/coolaj86Twitch: https://twitch.tv/coolaj86Follow Beyond Code: YouTube: https://www.youtube.com/channel/UC2KJHARTj6KRpKzLU1sVxBATwitter: https://twitter.com/@_beyondcodeCharles- Pandemic | Board Game | BoardGameGeekCharles- Meetups | Top End DevsCharles- Get involved with your local communityDan- Uprooted by Naomi NovikDan- Interview with Senior JS Developer in 2022Feross- SocketFeross- WormholeFeross- Chakra UISteve- This Unicorn Changed the Way I Poop - #SquattyPottySteve- Girls Don't Poop - PooPourri.comSteve- Twitter: Dad Jokes ( @Dadsaysjokes )Special Guest: Feross Aboukhadijeh.Sponsored By:Coaching | Top End Devs: Do you want to level up your career? or go freelance? or start a podcast or youtube channel? Let Charles Max Wood Help You Achieve Your DreamsRaygun: Raygun now offers Real User Monitoring of Core Web Vitals. Start your 14-day free trial now.Top End Devs: Learn to Become a Top 5% Developer. Join our community of ambitious and engaged programmers to learn how.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.

15 Mar 20221h 24min

Supply Chain Security - Part 1 - JSJ 524

Supply Chain Security - Part 1 - JSJ 524

Malware attacks are scary, so preparation is keys. In this episode, the Jabberers talk with Feross Aboukhadijeh, a developer who’s redefining malware detection to help you prepare for the next assault. “It’s awesome that such small teams can make complex code, but it’s not enough to just scan for vulnerabilities.” -Feross Aboukhadijeh In This Episode1) This SCARY trend in supple chain malware attacks (and how to prepare) 2) Why tools like Socket are VERY different from common malware detection 3) How companies in 2022 are addressing their security (and what they’re looking for in developers to help them)SponsorsTop End DevsCoaching | Top End DevsLinksSocket – protect your OSS supply chainFeross’s Talk at CascadiaJS 2021 “It’s a Jungle Out There! – Open Source Supply Chain Attacks”PicksAimee- Kubernetes Chaos EngineeringAimee- Normatec 2.0 Pro Legs | HypericeAJ- SocketAJ- BundlephobiaAJ- NPMGraphFollow CoolAJ86 Live Streams: YouTube: https://youtube.com/coolaj86Twitch: https://twitch.tv/coolaj86Follow Beyond Code: YouTube: https://www.youtube.com/channel/UC2KJHARTj6KRpKzLU1sVxBATwitter: https://twitter.com/@_beyondcodeCharles- 7 Wonders Board GameCharles- AirmeetCharles- Events | Top End DevsFeross- Node.js FetchFeross- Darknet Diaries – True stories from the dark side of the InternetFeross- Risky Business news recapSteve- passWORDLESpecial Guest: Feross Aboukhadijeh.Sponsored By:Coaching | Top End Devs: Do you want to level up your career? or go freelance? or start a podcast or youtube channel? Let Charles Max Wood Help You Achieve Your DreamsTop End Devs: Learn to Become a Top 5% Developer. Join our community of ambitious and engaged programmers to learn how.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.

8 Mar 20221h 15min

OAuth Explained - JSJ 523

OAuth Explained - JSJ 523

Is OAuth all it’s cracked up to be? In this episode, the Jabberers sit down with Dan Moore, an expert in the OAuth world. They discuss the GIANT perks of OAuth (even if you’re a beginner), how to fix OAuth’s biggest issues, and what you NEED to watch out for in OAuth if you’re a prospective client. “The end goal of OAuth is let someone else handle authentication, and based on tokens you get, you have the insurance that the authentication was valid.” - Dan Moore In This Episode1) The HUGE perks of using OAuth in 2022 (and how to get started) 2) What you SHOULD be looking for in OAuth as a client  3) How to resolve OAuth’s biggest drawbacks and feel confident in your securitySponsorsTop End DevsRaygun | Click here to get started on your free 14-day trialCoaching | Top End DevsPicksAJ- Otter.aiAJ- DashAJ- Elgato Stream DeckFollow CoolAJ86 Live Streams: YouTube: https://youtube.com/coolaj86Twitch: https://twitch.tv/coolaj86Follow Beyond Code: YouTube: https://www.youtube.com/channel/UC2KJHARTj6KRpKzLU1sVxBATwitter: https://twitter.com/@_beyondcode Charles- Tally Charles- GiveSendGo Charles- Encanto | Disney Movies Charles- Workshops | Top End Devs Dan- Descript Dan- The Leanpub Process Dan- Security EngineeringSteve- Twitter: Dad Jokes ( @Dadsaysjokes )Special Guest: Dan Moore.Sponsored By:Raygun: Raygun now offers Real User Monitoring of Core Web Vitals. Start your 14-day free trial now.Coaching | Top End Devs: Do you want to level up your career? or go freelance? or start a podcast or youtube channel? Let Charles Max Wood Help You Achieve Your DreamsTop End Devs: Learn to Become a Top 5% Developer. Join our community of ambitious and engaged programmers to learn how.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.

1 Mar 20221h 11min

Front End Architecture - JSJ 522

Front End Architecture - JSJ 522

In this episode, the Jabberers sit down with Gil Fink, a Microsoft vet and Google developer who’s gonna convince why having front architecture is a no-brainer. They discuss what differentiates it from components, how “memory floods” are washing away developers (and why they’re causing them!), and the BEST way to move between architectures without losing your mind. “You need to understand all the moving parts in your architecture.” - Gil Fink In This Episode1) What makes front end architecture VERY different from components 2) The BIGGEST problems around “prop drilling” between your components (and how libraries really help) 3) How “memory floods” overwhelm developers…and why they don’t even realize they’re causing them! 4) The CORRECT way to move between architectures without screwing yourselfSponsorsVultrTop End DevsCoaching | Top End DevsPicksAJ- Sonnet Echo 5 Thunderbolt 4 HubAJ- WAVLINK Thunderbolt 3 to Dual DisplayPort 1.4AJ- Slipstick Stack-Its Desk LiftsAJ- The Cold, Hard Truth about const, let, varAJ- Webi (webinstall.dev)AJ- CreedsOfCraftsmanship.comFollow CoolAJ86 Live Streams: YouTube: https://youtube.com/coolaj86Twitch: https://twitch.tv/coolaj86Follow Beyond Code: YouTube: https://www.youtube.com/channel/UC2KJHARTj6KRpKzLU1sVxBATwitter: https://twitter.com/@_beyondcode Charles- Candy Land Board Game Dan- IndexedDB API information leaks in Safari Dan- Invincible TV series on Amazon Prime Gil- Chrome Recorder in Dev Tools Tab Gil- The BlacklistSteve- Twitter: Dad Jokes ( @Dadsaysjokes )Special Guest: Gil Fink.Sponsored By:Coaching | Top End Devs: Do you want to level up your career? or go freelance? or start a podcast or youtube channel? Let Charles Max Wood Help You Achieve Your DreamsTop End Devs: Learn to Become a Top 5% Developer. Join our community of ambitious and engaged programmers to learn how.Vultr: Tired of explaining your absurdly high Big Tech cloud bills to your boss? Let me tell you about this cloud infrastructure company that’s the talk of the tech world. 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.

22 Feb 20221h 13min

How to Become a Senior Developer with Shem Magnezi - JSJ 521

How to Become a Senior Developer with Shem Magnezi - JSJ 521

Want to know what makes a senior developer? We know a thing or two. In this episode, the Jabberers sit down with Shem Magnezi, a senior developer at Wilco who shares what he’s learned over his seasoned career. They talk about the do’s and don’ts of being a manager, why small and large companies share this ONE feature, and a HUGE mindset reset that will keep you ahead of the game. “It’s important for people to understand where they can make an impact.” - Shem Magnezi In This Episode1) The KEY differences between smaller and larger companies (and how to hedge your bets when applying) 2) What separates the novice from the expert in a company (and what managers are looking for!) 3) If you’re considering the managerial route, consider THIS risk before going down that road 4) Why THIS mindset shift will make your job easier AND make a larger impact on your companySponsorsVultrRaygun | Click here to get started on your free 14-day trialTop End DevsLinksTHE MYSTERIOUS JOURNEY OF BECOMING A SENIOR ENGINEER PicksAJ- Classless JavaScript (for real this time) with AJ ONeal (and Food!) | MeetupAJ- Creeds of CraftsmanshipFollow CoolAJ86 Live Streams: YouTube: https://youtube.com/coolaj86Twitch: https://twitch.tv/coolaj86Follow Beyond Code: YouTube: https://www.youtube.com/channel/UC2KJHARTj6KRpKzLU1sVxBATwitter: https://twitter.com/@_beyondcode Dan- The Wheel of Time TV series on Amazon Prime Dan- AJ's Tweet Dan- Old Man's War Series Shem- Thinking, Fast and Slow Steve- Twitter: Dad Jokes ( @Dadsaysjokes )Special Guest: Shem Magnezi.Sponsored By:Top End Devs: Learn to Become a Top 5% Developer. Join our community of ambitious and engaged programmers to learn how.Raygun: Raygun now offers Real User Monitoring of Core Web Vitals. Start your 14-day free trial now.Vultr: Tired of explaining your absurdly high Big Tech cloud bills to your boss? Let me tell you about this cloud infrastructure company that’s the talk of the tech world. 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.

15 Feb 20221h 14min

Web3 with Nik Kalyani - JSJ 520

Web3 with Nik Kalyani - JSJ 520

Feel like you don’t know enough about Web3? Don’t worry, neither do we. That’s where these podcasts come in! In this new episode, the Jabberers sit down with Nik Kalyani, the founder of Decentology and overall Web3 expert. The gang discusses the “big D” of Web3 (and why you need to understand it), how Web3 changes the game for blockchain and the like, and how Web3 is going to make gaming bigger AND more lucrative. “For developers, Web3 equals a green field of opportunity!” - Nik Kalyani In This Episode The “big D” that you NEED to know to understand Web3 (and why it’s about more than just the tech) The BIGGEST concern about Web2 that Web3 is trying to solve (and how it changes privacy for everyone) How to navigate NFTs, blockchain, and more buzzwords in Web3 The future of Java with Web3 (and why it’s easier than Web2!) How Web3 is changing the game for gamingSponsorsVultrTop End DevsCoaching | Top End DevsPicksAJ- Genetically Modified Skeptic (Rational Atheist)AJ- AJ's Litmus Test (Contact me you're looking for work)Follow CoolAJ86 Live Streams: YouTube: https://youtube.com/coolaj86Twitch: https://twitch.tv/coolaj86Follow Beyond Code: YouTube: https://www.youtube.com/channel/UC2KJHARTj6KRpKzLU1sVxBATwitter: https://twitter.com/@_beyondcodeCharles- Wavelength | Board Game | BoardGameGeekCharles- Charles is Hiring! Charles- Best Tasting Protein Bars | BuiltBar.comNik- CATAN - CATANNik- Halt and Catch FireSteve- Twitter: Dad Jokes ( @Dadsaysjokes )Special Guest: Nik Kalyani .Sponsored By:Coaching | Top End Devs: Do you want to level up your career? or go freelance? or start a podcast or youtube channel? Let Charles Max Wood Help You Achieve Your DreamsTop End Devs: Learn to Become a Top 5% Developer. Join our community of ambitious and engaged programmers to learn how.Vultr: Tired of explaining your absurdly high Big Tech cloud bills to your boss? Let me tell you about this cloud infrastructure company that’s the talk of the tech world. 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.

8 Feb 20221h 27min

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