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)

Pain-Free Automated Deployments with DigitalOcean's App Platform - BONUS

Pain-Free Automated Deployments with DigitalOcean's App Platform - BONUS

If you wish you could just push to your git repository and then have your application automatically update itself, then you should have a look at DigitalOcean's App Platform.This offering is a sort of secret weapon that allows you to customize your application with the services you need and then simply push to deploy.There's no outsourcing to 3rd party databases, etc. It's all included in DigitalOcean's offering. So, you just pick what you need and then set the app to deploy.DigitalOcean's App Platform also works for static sites. So, if you're running a build of your blog or JAMstack app, you'll find that App Platform already supports you.To try it out, go to https://do.co/jabber and sign up to get $PanelCharles Max WoodGuestChris SevPhil DoughertySpecial Guests: Chris Sev and Phil Dougherty.Sponsored By:DigitalOcean: Get started on DigitalOcean App Platform with $100 in free credit at do.co/jabber.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.

25 Jun 202127min

Typing Without Transpilation - The Beauty of JSDoc - JSJ 489

Typing Without Transpilation - The Beauty of JSDoc - JSJ 489

Long time friend of the show Gil Tayar joins us again this time to discussing using JSDoc for JavaScript type annotations instead of TypeScript. Turns out that you can now get all of the benefits of TypeScript types without having to adopt the entire TypeScript workflow. Gil describes the benefits of this approach, and how it could impact the future of Web development.PanelAimee KnightCharles Max WoodDan ShappirSteve EdwardsGuestGil TayarSponsorsJavaScript Error and Performance Monitoring | SentryDigitalOceanDev Influencers AcceleratorLinksUse JSDocs: IndexJSDoc - WIkipediaJSDoc typings: all the benefits of TypeScript, with none of the drawbacksJSJ 441: The Present and Future of JavaScript Bundling and Delivery with Yoav Weiss | Devchat.tvTwitter: Gil Tayar ( @giltayar )PicksCharles- Ruby Rogues | Devchat.tvCharles- Built BarsCharles- Back MarketDan- Progress Delayed Is Progress Denied - Infrequently NotedGil- Daring FireballGil- Stratechery by Ben ThompsonSteve- Why You’re Christian - David PerellSteve- My Favorite One Liners | MuhammadContact Aimee:Aimee Knight – Software Architect, and International Keynote SpeakerGitHub: Aimee Knight ( AimeeKnight )Twitter: Aimee Knight ( @Aimee_Knight )LinkedIn: Aimee K.aimeemarieknight | InstagramAimee Knight | FacebookContact Charles:Devchat.tvDevChat.tv | FacebookTwitter: DevChat.tv ( @devchattv )Contact Dan:GitHub: Dan Shappir ( DanShappir )LinkedIn: Dan ShappirTwitter: Dan Shappir ( @DanShappir )Contact Steve:Twitter: Steve Edwards ( @wonder95 )GitHub: Steve Edwards ( wonder95 )LinkedIn: Steve EdwardsSpecial Guest: Gil Tayar.Sponsored By:Sentry: Resolve JavaScript errors and performance issues with SentryDigitalOcean: Get started on DigitalOcean App Platform with $100 in free credit at do.co/jabber.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 Jun 20211h 16min

The React Way & Opinionated Practices with Ian Schwartz - JSJ 488

The React Way & Opinionated Practices with Ian Schwartz - JSJ 488

Never underestimate the power of teaching. Ian reached out to AJ in regards to previous comments about React on the show and demonstrated that he knows a whole lot more than most of us, so we had him on to talk about his learning journey, the philosophy of react, and top tips for new developers entering the field. Huzzah!PanelAJ O'NealCharles Max WoodSteve EdwardsGuestIan SchwartzSponsorsDev Influencers AcceleratorRaygun | Click here to get started on your free 14-day trial LinksContext - ReactuseEncapsulation | Kyle ShevlinIntroduction - EnzymeBefore You memo() - Overreacted118: Jenn Creighton on Composition and Architecture10 Morning Habits | Jim Kwik - YouTubeCouch to 5K – The Complete 5K Beginner Training PlanSchwartz.WorldPicksAJ- Context - ReactAJ- 118: Jenn Creighton on Composition and ArchitectureAJ- Introduction - EnzymeAJ- Before You memo() - OverreactedAJ- Security #RIIRAJ- webinstall.dev/vim-essentialsCharles- Changes at BasecampCharles- Monday.comIan- Preact CLIIan- Sleep ApneaContact AJ:AJ ONealCoolAJ86 on GITBeyond Code BootcampBeyond Code Bootcamp | GitHubFollow Beyond Code Bootcamp | FacebookTwitter: Beyond Code Bootcamp ( @_beyondcode )Contact Charles:Devchat.tvDevChat.tv | FacebookTwitter: DevChat.tv ( @devchattv )Contact Steve:Twitter: Steve Edwards ( @wonder95 )GitHub: Steve Edwards ( wonder95 )LinkedIn: Steve EdwardsSpecial Guest: Ian Schwartz.Sponsored By:Raygun: Raygun now offers Real User Monitoring of Core Web Vitals. Start your 14-day free trial now.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 Jun 20211h 20min

Node in the Browser and Much more: Web Containers with Eric Simons - JSJ 487

Node in the Browser and Much more: Web Containers with Eric Simons - JSJ 487

Eric Simons from Stackblitz joins the JSJ panel to discuss the game changing technology announced at Google.io this year. What they demonstrated was their ability to run NodeJS in the browser using new technology called Web Containers. However, the implications go well beyond the realities of running Node in the browser. Eric and the panel dive into the implications of what this new way of working could mean for the web and application development.PanelAimee KnightAJ O'NealCharles Max WoodDan ShappirSteve EdwardsGuestEric SimonsSponsorsJavaScript Error and Performance Monitoring | SentryDigitalOceanDev Influencers AcceleratorLinksHow do I manually turn off/on voice guidance on my Jabra Evolve 75?JSJ 450: Native Features Inside The Browser – Introducing Google’s Project Fugu with Thomas Steiner | Devchat.tvJSJ 280: Stackblitz with Eric Simons and Albert Pai | Devchat.tvHow to publish N-API package | Node.jsIntroducing WebContainers: Run Node.js natively in your browserStackBlitzEricSimons - StackBlitzTwitter: Eric Simons ( @ericsimons40 )PicksAimee- GitHub | jtpio/jupyterliteAJ- WASM, Rust, the State of Async/Await - Utah Rust Nov 2020AJ- A 'Worst Nightmare' Cyberattack: The Untold Story Of The SolarWinds HackAJ- GitHub | dbohdan/classless-cssAJ- GitHub | therootcompany/tz.jsAJ- GitHub | therootcompany/async-routerCharles- DevOps 062: Behind the SolarWinds breach | Devchat.tvCharles- Ancestry®Charles- FamilySearchCharles- Learn your heritageCharles- Learn your country’s heritageDan- Why Hamas Keeps Fighting, and LosingDan- Jupiter's LegacyEric- Next.js ConfSteve- Tyrannosaurus on InstagramContact Aimee:Aimee Knight – Software Architect, and International Keynote SpeakerGitHub: Aimee Knight ( AimeeKnight )Twitter: Aimee Knight ( @Aimee_Knight )LinkedIn: Aimee K.aimeemarieknight | InstagramAimee Knight | FacebookContact AJ:AJ ONealCoolAJ86 on GITBeyond Code BootcampBeyond Code Bootcamp | GitHubFollow Beyond Code Bootcamp | FacebookTwitter: Beyond Code Bootcamp ( @_beyondcode )Contact Charles:Devchat.tvDevChat.tv | FacebookTwitter: DevChat.tv ( @devchattv )Contact Dan:GitHub: Dan Shappir ( DanShappir )LinkedIn: Dan ShappirTwitter: Dan Shappir ( @DanShappir )Contact Steve:Twitter: Steve Edwards ( @wonder95 )GitHub: Steve Edwards ( wonder95 )LinkedIn: Steve EdwardsSpecial Guest: Eric Simons .Sponsored By:Sentry: Resolve JavaScript errors and performance issues with SentryDigitalOcean: Get started on DigitalOcean App Platform with $100 in free credit at do.co/jabber.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 Jun 20211h 18min

The 3 Essentials for Successful Job Outcomes - BONUS

The 3 Essentials for Successful Job Outcomes - BONUS

Chuck dives into the 3 essentials for getting the next successful outcome you want in your career. Whether that's something simple like a raise or something more complex like going freelance, you can achieve it by working on 3 main areas.First, building skills. The most obvious type of skills you'll need is technical skills. However, don't neglect your people skills and your organizational skills as well since you're often paid for how you work with people and enhance their work and how you put your work together in the most efficient ways.Second, building relationships. Often other people will be able to help you find the opportunities or will be the ones to make the decisions that impact your ability to get the outcome you want. Having good relationships is key to having good outcomes.Third, building recognition. Being known for being valuable in important ways allows you to leverage the skills you have to build better relationships and create opportunities to get what you need to get the outcomes you want by giving people what they want. A podcast is a great way to do all three. Chuck explains exactly how that works in this podcast and goes deeper as part of the Dev Influencers Accelerator.PanelCharles Max WoodSupport 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.

4 Jun 202135min

CrUX and Core Web Vitals - What to Measure on the Web with Rick Viscomi - JSJ 486

CrUX and Core Web Vitals - What to Measure on the Web with Rick Viscomi - JSJ 486

Rick Viscomi joins us from Google to talk to us about the Chrome User Experience Report (CrUX) and the HTTP Archive. He explains what it tells us about how the web is built, how it performs, and what we know about the web today.PanelAimee KnightAJ O'NealDan ShappirSteve EdwardsGuestRick ViscomiSponsorsDev Influencers AcceleratorRaygun | Click here to get started on your free 14-day trial LinksJSJ 334: “Web Performance API” with Dan Shappir | Devchat.tvJSJ 428: The Alphabet Soup of Performance Measurements | Devchat.tvIs my host fast yet?Twitter: Rick Viscomi ( @rick_viscomi )PicksAimee- SparkPostAimee- BigQuery: Qwik Start - ConsoleAJ- SendGridAJ- Tuscan Dairy Whole Vitamin D MilkAJ- The Twelve-Factor AppAJ- webinstall.dev/fzfDan- Great TVDan- Keep daylight savings time all year roundRick- Vsauce - YouTubeRick- Uranium Ore Steve- The State of CSS SurveySteve- GitHub | State of JS 2020 QuestionsContact Aimee:Aimee Knight – Software Architect, and International Keynote SpeakerGitHub: Aimee Knight ( AimeeKnight )Twitter: Aimee Knight ( @Aimee_Knight )LinkedIn: Aimee K.aimeemarieknight | InstagramAimee Knight | FacebookContact AJ:AJ ONealCoolAJ86 on GITBeyond Code BootcampBeyond Code Bootcamp | GitHubFollow Beyond Code Bootcamp | FacebookTwitter: Beyond Code Bootcamp ( @_beyondcode )Contact Dan:GitHub: Dan Shappir ( DanShappir )LinkedIn: Dan ShappirTwitter: Dan Shappir ( @DanShappir )Contact Steve:Twitter: Steve Edwards ( @wonder95 )GitHub: Steve Edwards ( wonder95 )LinkedIn: Steve EdwardsSpecial Guest: Rick Viscomi.Sponsored By:Raygun: Raygun now offers Real User Monitoring of Core Web Vitals. Start your 14-day free trial now.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 Jun 20211h 9min

How to Get Hired at a FANG Company - BONUS

How to Get Hired at a FANG Company - BONUS

Chuck explains what he taught Nathan last week when we asked how to get hired at a FANG (Facebook Apple/Amazon Netflix Google) company. Essentially, it boils down to how to build the skills and knowledge needed to pass the interview. How to build the relationships to get into the door and have the interviewer want you to succeed. And how to build the reputation that has the company wanting you regardless of the outcome. This approach also works for speaking at conferences, selling courses, and other outcomes as well as it's the core of building a successful career as an influencer.PanelCharles Max WoodSupport 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 Mai 202122min

Things JavaScript Developers Should Know, Part 2 - JSJ 485

Things JavaScript Developers Should Know, Part 2 - JSJ 485

Dan Shappir leads the Jabber crew on another discussion on the things JavaScript developers should know.They discuss WeakMap, WeakSets, and WeakReferences. They dive into where and how they are used and which places they're implemented.The conversation starts with garbage collection is and how it works and then moves into the implications it has for this kind of referencings.PanelAimee KnightAJ O'NealCharles Max WoodDan ShappirSteve EdwardsSponsorsDev Influencers AcceleratorJavaScript Error and Performance Monitoring | SentryLinksWeakMap - JavaScriptWeak references and finalizersPicksAimee- How to Read Books When You Have ADHDAJ- Elemental: War of Magic | War StoriesAJ- Ars Technica: War Stories Season 1AJ- Super Guitar BrosAJ- CREATE FOLDER RECURSIVELY WITH POWERSHELLCharles- Having terrific people in your lifeCharles- Monday.comCharles- The Common Path to Uncommon SuccessDan- Israelis no longer need to wear masksDan- Google introduced a new featureSteve- DoesTheDogDie.comContact Aimee:Aimee Knight - Software Architect, and International Keynote SpeakerGitHub: Aimee Knight ( AimeeKnight )Twitter: Aimee Knight ( @Aimee_Knight )LinkedIn: Aimee K.aimeemarieknight | InstagramAimee Knight | FacebookContact AJ:AJ ONealCoolAJ86 on GITBeyond Code BootcampBeyond Code Bootcamp | GitHubFollow Beyond Code Bootcamp | Facebook Twitter: Beyond Code Bootcamp ( @_beyondcode )Contact Dan:GitHub: Dan Shappir ( DanShappir )LinkedIn: Dan ShappirTwitter: Dan Shappir ( @DanShappir )Contact Charles:Devchat.tvDevChat.tv | FacebookTwitter: DevChat.tv ( @devchattv )Contact Steve:Twitter: Steve Edwards ( @wonder95 )GitHub: Steve Edwards ( wonder95 )LinkedIn: Steve EdwardsSponsored By:Sentry: Resolve JavaScript errors and performance issues with SentrySupport 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.

25 Mai 20211h 16min

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