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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TanStack: A Deep Dive into Server Functions and Routing with Tanner Linsley - JsJ 667

TanStack: A Deep Dive into Server Functions and Routing with Tanner Linsley - JsJ 667

In this episode of JavaScript Jabber, host Steve Edwards is joined by panelists Dan Shappir and AJ O'Neil, along with special guest Tanner Lindsley, to explore the innovative world of TanStack, a collection of open-source libraries designed to enhance web development. Tanner shares insights into the origins and evolution of TanStack, highlighting its journey from simple libraries like React Table to a comprehensive toolkit including TanStack Query, TanStack Virtual, and more. The discussion delves into the nuances of building framework-agnostic tools, the challenges of server-side rendering, and the rise of remote procedure calls (RPCs) as a modern development approach. With intriguing debates on the future of meta frameworks and the role of server components, this episode provides a deep dive into the cutting-edge technologies shaping the development landscape. Whether you're a fan of React, Solid, or just curious about the direction of web frameworks, this conversation offers valuable insights and expert opinions on the current and future state of web development. Tune in to discover how TanStack is influencing the way we build and manage applications in the ever-evolving JavaScript ecosystem.Become a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

6 Feb 1h 29min

What's New in JavaScript: Latest Language Updates and Features - JSJ 666

What's New in JavaScript: Latest Language Updates and Features - JSJ 666

Hey, everyone. Welcome back to another exciting episode of JavaScript Jabber, part of the Top End Devs Network. I'm your host, Charles Max Wood, joined by our amazing panelist, Dan Shappir. In this episode, we dive into the latest developments in the world of JavaScript as we kick off a new year. You might recall we covered this topic about a year and a half ago in episode 590.  Today, we're revisiting the updates to see what's progressed and what's newly introduced in the JavaScript standard.Dan Shappir offers his expertise as we explore features that have recently been added to the language. From promise.allSettled, a feature that's been around for about five years but often underutilized, to array method enhancements like .at and Object.hasOwn, there's a ton to unpack. We'll also delve into exciting new library additions like findLast for arrays, efficient array copying methods and improvements in set operations that make JavaScript more powerful and developer-friendly than ever.The episode isn't just about the features that have already landed; we'll also touch on what's in the pipeline with proposals in various stages of development, including exciting concepts like temporal for better date and time handling. Whether you're a JavaScript pro or just keen to stay updated on the latest trends, this discussion is packed with insights to level up your coding game.So, grab your headphones, stay tuned, and let's explore the exciting world of new JavaScript features together!Become a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

22 Jan 1h 26min

Reflections on Technology Trends, AI Impact, and Memorable Episodes - JSJ 665

Reflections on Technology Trends, AI Impact, and Memorable Episodes - JSJ 665

Welcome to another riveting episode of Top End Devs! In today's "Year in Review" special, hosts Charles, AJ, Dan, and Steve Edwards take you on a retrospective journey through their most memorable moments and thought-provoking discussions of the year. From the amusing and insightful exchanges with influential guests like Rich Harris and Kyle Simpson to their deep dives into emerging tech trends like Svelte 5 and AI integration in development, this episode has it all.They also explore Charles's experience transitioning from a Mac to a high-performance System76 machine, Dan's favorite and least favorite tech trends, and AJ's admiration for profitable and customer-focused approaches in the industry. Expect a blend of technical expertise, humor with those beloved dad jokes, and personal reflections that make this podcast uniquely engaging.So, get ready as we reflect on the year's highlights, laugh at the dad jokes that have become fan favorites, and look forward to exciting developments in the tech world with your favorite panelists.PicksAJ - 100 Days of Rejection (Therapy)AJ - https://www.youtube.com/playlist?list=PLamouX6QxWIuTHuaArIOzdorWoYaF6cU5AJ - John Sonmez: Eye Contact & SmirkingAJ - John Sonmez: How to Become a ManAJ - EvalPlus LeaderboardAJ - OllamaCharles -HeatCharles - Heat: Pedal to the MetalCharles - Hit Refresh by Satya NadellaCharles -  American Icon by Bryce HoffmanCharles - System76Charles - Wizard's First Rule (Sword of Truth, Book 1) (Sword of Truth, 1)Dan - A Man on the Inside (TV Series 2024Dan - The Best Syria Breakdown You'll Ever Hear - Thomas SmallDan - Master of the Five MagicsBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

7 Jan 2h 5min

Innovation and Framework Adoption - JSJ 664

Innovation and Framework Adoption - JSJ 664

In this episode, Charles, AJ, and Dan explore the intricacies of team dynamics, technological choices, and the challenges of web development with our distinguished panel. Joining them is a very special guest, the legendary Uncle Bob Martin. They delve into team collaboration and decision-making, with Uncle Bob emphasizing the importance of reasonable debates and team buy-in when it comes to mental models and project directives. Dan discusses how, in startups, the initial developer often ends up making key decisions.They also touch on technological choices, including the complications of inheriting decisions from previous team members and the ever-topical debate on relational databases influenced by marketing pressures. Uncle Bob shares his seasoned insights into React Framework inconsistencies and the philosophy behind state-driven design.They tackle the separation of business logic from frameworks to maintain purity and independence in code. There's also a lively discussion about starting with functional prototypes, and the influence of Apple’s focus on UI on their success.Additionally, they explore Uncle Bob’s controversial stance on web frameworks, the dynamics of framework adoption, and the role of technical decisions in hiring. There are fascinating comparisons between framework popularity and historical tech stories, including the evolution of Apple’s innovations and the contributions from Xerox PARC.Finally, as they wrap up, they have insightful pick recommendations from the panelists, covering everything from the NBA season and engaging TV series to board games and book recommendations—a little something for everyone.Join them for an enlightening journey through the nuances of modern development practices, historical tech anecdotes, and personal insights from some of the industry's top minds. This episode promises to be a treasure trove of knowledge and experience for any developer. Let's get started!SocialsLinkedIn: Robert MartinPicksAJ - How to Start a Startup - A course Y Combinator taught at StanfordCharles - MLEM: Space Agency | Board GameDan - NBA SeasonDan - The Day of the Jackal (TV Series 2024Uncle Bob - 'The Cloud Fugitive' | David Heinemeier Hansson | NTK # 001Become a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

31 Des 20241h 45min

Revolutionizing API Syntax and Schema Management with Jazz Framework - JSJ 663

Revolutionizing API Syntax and Schema Management with Jazz Framework - JSJ 663

In today's episode, Charles and AJ are joined by Anselm Eickhoff, a trailblazing full-stack software engineer. Anselm delves into the world of "Local First" software development and the innovative tool he’s developed, "Jazz." They explore how Jazz leverages schema information for type inference and runtime validation, enabling real-time collaboration and seamless offline functionality. They dive into the simplifications brought by Jazz's API changes, the flexibility offered through open protocols, and the local-first approach using CRDTs.They also tackle Jazz’s impressive backend infrastructure and its shift to direct disk storage, along with insights into the challenges and emerging support structures faced by early adopters. Anselm shares real-world applications, advanced analytics capabilities, and the future outlook for Jazz, emphasizing performance, resilience, and data privacy.Plus, stay tuned for a lighthearted detour into board games and TV recommendations, as well as updates on Charles’ AI Dev Boot Camp and exciting developments on the Top End Devs platform. This episode is packed with cutting-edge insights and practical advice for developers looking to integrate advanced real-time features and streamline their app development processes. SocialsLinkedIn: Anselm EickhoffPicksAJ - Dune 2-Film Collection (Blu-Ray + Digital)Charles - Imperial Miners | Board GameBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

24 Des 20241h 25min

Painting Roses, Eating Marshmallows and Network Protocols - JSJ 662

Painting Roses, Eating Marshmallows and Network Protocols - JSJ 662

Welcome to another insightful episode of the JavaScript Jabber podcast, hosted by Charles alongside our expert panelists Dan and AJ. Today, they are thrilled to be joined by Avishai Ish-Shalom a seasoned technologist with an eye for challenging conventions in the tech world. In this episode, Avishai takes us through fascinating discussions comparing industrial food products to technological abstractions, including his unique perspective on the “marshmallow effect” and the evolving complexities of virtualization.They delve into the challenges of backward compatibility in modern tech, using real-world parallels like AWS virtual storage options, and discuss the impact of technologies like Docker and cloud services on our understanding of underlying infrastructures. Charles shares his upgrade journey from an aging Mac laptop to a powerful System76 desktop for AI tasks, reflecting the changing demands on development environments.Listen in as they explore the nuances of binary vs. textual protocols, the importance of future-proofing legacy systems, and Avishai's compelling arguments in his articles "Don't Paint the Roses" and "The Marshmallow Effect." Plus, they discuss Avishai's career evolution and the intellectual challenges faced by today’s engineers in the rapidly advancing tech landscape. Whether you’re a casual listener or a tech enthusiast, this episode promises to offer valuable insights and thought-provoking discussions. Stay tuned!SocialsLinkedIn: Avishai Ish-ShalomPicksAJ - Deku Deals Avishai - marimo | a next-generation Python notebookCharles - Challengers! Beach Cup | Board GameDan - The Penguin (TV Mini Series 2024)Dan - BlueskyBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

17 Des 20241h 33min

Structuring Node.js Applications Part 2: Dependency Management, Package Managers, Proper API Usage, etc.- JSJ 661

Structuring Node.js Applications Part 2: Dependency Management, Package Managers, Proper API Usage, etc.- JSJ 661

This is the second part of the deep dive into the essential practices and principles for successful Node.js development. Our esteemed guests, Michael Dawson, James Snell, Matteo Collina, and Natalia Venditto, bring their extensive expertise to the table, discussing key topics like how to manage dependencies in a Node.js project.SocialsLinkedIn: James SnellLinkedIn: Michael DawsonLinkedIn: Matteo CollinaLinkedIn: Natalia VendittoPicksCharles - Gnome Hollow | Board GameCharles - Reacher (TV Series 2022Michael - MakerWorld: Download Free 3D Printing Models Become a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

11 Des 20241h 22min

TypeScript Success: Integration, Type Checking, and Generics  - JSJ 660

TypeScript Success: Integration, Type Checking, and Generics - JSJ 660

In this episode, Dan sits down with TypeScript expert Matt Pocock to dive deep into the world of TypeScript migration, learning curves, and developer challenges. They explore why having a TypeScript "wizard" is crucial for teams transitioning from JavaScript and how TypeScript's integration with development environments like Visual Studio Code has been a game changer.Dan and Matt discuss the importance of real-time typechecking, the community's role in TypeScript's success, and practical strategies for migrating large codebases to TypeScript. You'll hear about Matt's journey from drama school to becoming a DevRel expert, his contributions to the XState library, and his philosophy of type-driven development. Together, they highlight TypeScript's advantages, such as enhanced code reliability and the nuanced benefits of explicit vs. inferred types.Whether you're a seasoned developer or just starting with TypeScript, this episode offers valuable insights and actionable advice to help you harness the full power of static typing in your projects. Tune in for a fascinating discussion that underscores the value of "boring" code, the need for continual learning, and the ongoing evolution of software development practices. Stay with us as we unravel the intricacies of TypeScript and share practical tips to elevate your coding journey.SocialsLinkedIn: Matt PocockBecome a supporter of this podcast: https://www.spreaker.com/podcast/javascript-jabber--6102064/support.

3 Des 20241h 20min

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