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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A Deep Dive Into Some Nooks and Crannies of JavaScript - JSJ 535

A Deep Dive Into Some Nooks and Crannies of JavaScript - JSJ 535

In today’s all-panelist episode, we take a deep dive into some of the nooks and crannies of JavaScript.  We discuss and debate the benefits and problems of various methods such as getter and setter, Const, Freeze and Proxy.  SponsorsTop End DevsRaygun | Click here to get started on your free 14-day trialCoaching | Top End DevsPicksAJ - Valley Forge FlagsAJ - Frog ChessAJ - Beyond Code BootcampAJ -Creeds of CraftsmanshipDan - JSConf BudapestDan - Stock Market / Tech Stocks going downDan - War in UkraineSteve - Dad JokesSupport 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 Juni 20221h 10min

Preventing Fraud on Your Payment Website - JSJ 534

Preventing Fraud on Your Payment Website - JSJ 534

Today we talk with Paul Asjes, a developer advocate at Stripe.  We get some insight into creating a more secure site for credit card transactions.  We also discuss card testing, or account stealing, techniques that are used to gain access to active credits cards.  This topic is very important because it can have big financial consequences, and if serious enough, could cause a business to close.  Paul gives us some techniques and strategies to discourage and prevent this activity. SponsorsTop End DevsCoaching | Top End DevsLinksStripeStripe Developers - DiscordStripe Developers - YouTubeLinkedIn - Paul Asjes Twitter: @paul_asjesPicksAJ - The Black PrismAJ - The unnamed city that I now live inCharles -Machi KoroPaul - Stripe SessionsPaul- TakecarebnbSteve - How to Freaking Find Great Developers By Having Them Read CodeSteve - Dad JokesSupport 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 Maj 202254min

TC39 and Upcoming Proposals for ECMAScript (PART 2) - JSJ 533

TC39 and Upcoming Proposals for ECMAScript (PART 2) - JSJ 533

Today we chat with Thomas Randolph from GitLab, to discuss his Top 10 list of the upcoming TC39 proposals. The list…Temporal ProposalImport AssertionsJSON ModulesBuilt-In ModulesObservable ProposalPartial ApplicationUUIDPipeline OperatorModule BlocksEmitter Proposal +1 Records and Tuples +2 Reverse and Sort Methods on ArraysSponsorsTop End DevsCoaching | Top End DevsLinksTwitter: Thomas Randolph ( @rockerest )JSJ 425: The Evolution of JavaScriptTemporalimport assertionsJSON modulesThe TC39 ProcessObservablePartial Application for ECMAScriptES pipe operator (2021)JavaScript Module BlocksRecord & TupleECMAScript proposal "Change Array by copy": four new non-destructive Array methodsGitHub: tc39/proposalsJavaScript Jabber 19 April 2022Thomas O. RandolphPicksCharles - The Last BattleCharles - GamePigeonDan - Star Trek: PicardDan - 103 Early HintsDan - War in UkraineSteve - Dad JokesSteve - Rescinded mask mandates for travelThomas - My notes to this episodeThomas - The Design of Everyday Things by Don NormanThomas - What is Reactive Programming by Kevin WebberThomas - War in UkraineSpecial Guest: Thomas Randolph.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.

24 Maj 20221h 1min

TC39 and Upcoming Proposals for ECMAScript (PART 1) - JSJ 532

TC39 and Upcoming Proposals for ECMAScript (PART 1) - JSJ 532

Today we chat with Thomas Randolph from GitLab, to discuss his Top 10 list of the upcoming TC39 proposals. The list…Temporal ProposalImport AssertionsJSON ModulesBuilt-In ModulesObservable ProposalPartial ApplicationUUIDPipeline OperatorModule BlocksEmitter Proposal +1 Records and Tuples +2 Reverse and Sort Methods on ArraysSponsorsTop End DevsRaygun | Click here to get started on your free 14-day trialCoaching | Top End DevsLinksTwitter: Thomas Randolph ( @rockerest )JSJ 425: The Evolution of JavaScriptTemporalimport assertionsJSON modulesThe TC39 ProcessObservablePartial Application for ECMAScriptES pipe operator (2021)JavaScript Module BlocksRecord & TupleECMAScript proposal "Change Array by copy": four new non-destructive Array methodsGitHub: tc39/proposalsJavaScript Jabber 19 April 2022Thomas O. RandolphPicksCharles - The Last BattleCharles - GamePigeonDan - Star Trek: PicardDan - 103 Early HintsDan - War in UkraineSteve - Dad JokesSteve - Rescinded mask mandates for travelThomas - My notes to this episodeThomas - The Design of Everyday Things by Don NormanThomas - What is Reactive Programming by Kevin WebberThomas - War in UkraineSpecial Guest: Thomas Randolph.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.

17 Maj 20221h 6min

Using Storybook and Nuxt To Quickly Build Websites - JSJ 531

Using Storybook and Nuxt To Quickly Build Websites - JSJ 531

Steve, AJ, and Dan talk to Drew Baker, co-founder of Los Angeles based digital agency Funkhaus about Storybook and Nuxt. After a discussion of various server side rendering methods, Drew talks about how they use Storybook, how it integrates tightly with Nuxt, and how it helps Funkhaus quickly and cleanly spin up sites for large customers.SponsorsTop End DevsCoaching | Top End DevsLinksFunkhausUI / Badges / Funkhaus - DefaultSongs from ScratchAI FoundationPicksAJ - The Lost MedalAJ - Raven DB - Happy Path PerformanceAJ - Creeds of CraftsmanshipAJ - Weight triggered coffee/tea warmerAJ - The Portal ElementFollow CoolAJ86 Live Streams: YouTube: https://youtube.com/coolaj86Twitch: https://twitch.tv/coolaj86Follow Beyond Code: YouTube: https://www.youtube.com/channel/UC2KJHARTj6KRpKzLU1sVxBATwitter: https://twitter.com/@_beyondcodeDan - War in UkraineDan - Terrorist Attack in Tel AvivDrew - Max Howl’s teaSteve - ViteSteve - How to Migrate from Vue CLI to ViteSteve - Dad JokesSpecial Guest: Drew Baker.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.

10 Maj 202216min

NoSQL and RavenDB - JSJ 530

NoSQL and RavenDB - JSJ 530

Today we talk with Dejan Miličić, a consultant with more than 20 years of experience as a professional software developer with RavenDB. His areas of expertise are designing, writing, and maintaining applications, with a focus on software architecture and backend development.Dejan discusses the challenges and benefits of NoSQL databases, and what he has learned along the way to simplify and reduce the time required to make changes. We also talk about ways to approach different types of NoSQL databases, and how they should be used. SponsorsTop End DevsRaygun | Click here to get started on your free 14-day trialCoaching | Top End DevsLinksNoSQL Database | RavenDB ACID NoSQL Document DatabaseKaggle: Your Machine Learning and Data Science CommunityTweets by @6figuredevPicksAJ- Ethan Garofolo on YouTubeAJ - Microservices on YouTubeAJ - I Have Delivered Value… But At What Cost?AJ - Brandon SandersonChuck - ScytheChuck - Upcoming Converences: JavaScript Summit in July, DHH Coming for Rails in August, Angular React Vue Etc in Fall/WinterChuck - YellowstoneDejan - IdrisSteve - Low Earth Orbit VisualizationSteve - Utah - Arches, Canyonlands, Lake Powell, Bryce Canyon, Monument ValleySpecial Guest: Dejan Milicic.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.

3 Maj 20221h 19min

Blockchain with Max Kordek - JSJ 529

Blockchain with Max Kordek - JSJ 529

In this episode, we talk with Max Kordek of Lisk, a leading expert on Blockchain. You’ll learn about what a Blockchain is, how it works, and the benefits of using it. There is also discussion on the opportunities that blockchain presents for the JavaScript developer.How does blockchain work as a decentralized ledger accessed across the world? We discuss how it operates without a central authority - everyone who participates in the network has the financial incentive that no one lies. This creates data that is secure and has integrity. Everything runs on a neutral protocol - no one can manipulate it. No interference from a third party.What is best suited for blockchain? With real-world examples, we discuss what major industries currently benefit - and where there is potential. Blockchain software development kits are available for developers to discover what blockchain can be used for. Logics and Libraries available to the large world of JS developers. Don't forget the lisk.js event this summer, and make sure to visit @maxkordek on Twitter at https://twitter.com/MaxKordek.SponsorsTop End DevsCoaching | Top End DevsLinksTwitter: Max Kordek ( @maxkordek )Twitter: Lisk ( @LiskHQ )lisk.chat on DiscordPicksAJ- Web3 Is Going Just GreatAJ- The Great Blockchain DebateAJ - The Line Goes Up DocumentaryAJ - How the Crypto Story EndsAJ- 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/@_beyondcodeCharles- Pandemic Legacy Season Zero on AmazonCharles- BoardGameGeekCharles- Beyond Code BootcampCharles - Top End Devs Summit in JuneCharles - JS Remote Conference in JulyCharles- Rails 7 - Q & A in August *Charles- Rails 7 - Q & A in AugustCharles- PodioMax- Bitcoin 2022 Crypto ConferenceSpecial Guest: Max Kordek.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.

26 Apr 20221h 5min

SolidJS with Ryan Carniato - JSJ 528

SolidJS with Ryan Carniato - JSJ 528

SolidJS is a web development framework that focuses on using reactivity and carries forward several ideas from Knockout.js.https://javascriptjabber.com/13Ryan Carniato, the creator of SolidJS breaks down the history and ideas behind SolidJS and compares it to React and other frameworks.SponsorsTop End DevsRaygun | Click here to get started on your free 14-day trialCoaching | Top End DevsPicksAJ- 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/@_beyondcodeCharles- Dice Forge | Board Game | BoardGameGeekCharles- BoardGameGeekCharles- Conferences | Top End DevsRyan- Corset - Declarative reactive UI without the complexity of SPAsSteve- Twitter: Dad Jokes ( @Dadsaysjokes )Special Guest: Ryan Carniato.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.

19 Apr 202253min

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