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 448: MongoDB Schema Fundamentals with Joe Karlsson

JSJ 448: MongoDB Schema Fundamentals with Joe Karlsson

MongoDB is a popular option for databases which provides objects that look and act like JavaScript Objects. We brought an expert, Joe Karlsson to clear up some of the confusion on how to arrange your data in MongoDB. Joe provides a rundown on how to think about your data with a smaller dataset, a medium sized dataset, and a large dataset. The panel also dives into how the database works and how things are managed and arranged by the MongoDB database engine.SponsorsThe Complete Software Developer’s Career Guide – Grab a Copy TodayCacheFlyPanelCharles Max WoodAimee KnightDan ShappirAJ ONealSpecial GuestJoe KarlssonLinksM320: Data Modelingdeveloper.mongodb.comPicksChuckLeadership in Turbulent TimesAimeeProsourceFit Acupressure MatAJAcupuncture MatSQL vs NoSQLChiron Beta Primessh-pubkeyArs Technica War Stories: Ultima Online (about sharding)Joe KarlssonStamped From the BeginningSpecial 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.

8 Sep 20201h 8min

JSJ 447: Using Javascript for Data Analysis and Data Science with Daniel Lathrop

JSJ 447: Using Javascript for Data Analysis and Data Science with Daniel Lathrop

Our guest is Daniel Lathrop, a freelance investigative data journalist and educator, and formerly a newspaper reporter and Professor of Journalism and Media informatics at the University of Iowa. On this show, Daniel describes how JavaScript is a great choice for doing data analysis and data science, potentially even more so than other languages which are often used for this purpose, such as Python and R. Daniel also provides information about lots of useful tools and techniques to use in this context.SponsorsThe Complete Software Developer’s Career Guide – Grab a Copy TodayCacheFlyPanelAJ ONealAimee KnightDan ShappirSpecial GuestDaniel LathropLinkshttps://daniel.buzz/PicksAimeeForecasting at ScaleDan Shappirhttps://www.data-forge-notebook.comAJPropaganda in Nazi GermanyDaniel Lathrophttps://www.data-forge-notebook.comhttps://www.claudiajs.comhttps://js4ds.org/Follow JavaScript Jabber on Twitter > @JSJabberSpecial Guest: Daniel Lathrop. 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 Sep 202053min

JSJ 446: Achieving Work-Life Balance, Especially When WFH

JSJ 446: Achieving Work-Life Balance, Especially When WFH

The reality of Covid-19 has changed the way that many people work, working remotely from home instead of coming into the office. Achieving work-life balance can always be a challenge in tech, but can be especially challenging when work and life mix in the same location. In this episode the panel discusses this important topic, and how it has impacted their own lives and careers. Also, how it changes over time and during a career.SponsorsThe Complete Software Developer's Career Guide - Grab a Copy TodayPanelAJ O’NealAimee KnightCharles Max WoodSteve EdwardsDan ShappirLinkshttps://www.figma.comJSJ 431: Personal Branding for Developers with Morad SternGPT3() - The spreadsheet function to rule them all.I built a React dice component with GPT-3PicksSteveHow Does The Internet Work? AJhttps://blerp.comhttps://webinstall.dev/curlieDanWear Maskshttps://github.com/openai/gpt-3 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 Aug 20201h 4min

JSJ 445: Augmented Reality for Mobile Browsers with Connell Gauld

JSJ 445: Augmented Reality for Mobile Browsers with Connell Gauld

Connell has been working on Universal AR, a cross-platform Augmented Reality kit for Mobile Browsers delivering native-level performance using only JavaScript (and a bit of WASM under the hood). We talk about what AR actually is, some of its use cases, as well as the fascinating details as to how the Zap.works team is delivering near native performance and accuracy without IR, LiDAR, or any other of the common advanced AR sensors - just the good ol' phone camera and advanced Computer Visual trickery.SponsorsScout APM | We'll donate $5 to the open source project of your choice when you deploy ScoutThe Complete Software Developer's Career Guide - Grab a Copy TodayDo you code in .NET? Check out Adventures in .NETPanelAJ ONealSteve EdwardsSpecial GuestConnell GauldLinksUniversal ARZappar content development toolsPicksSteveLooney TunesAJripgrepConnellDark on NetflixSpecial Guest: Connell Gauld. 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.

18 Aug 202053min

JSJ 444: Coding Front-end JavaScript for Accessibility with Neha Sharma

JSJ 444: Coding Front-end JavaScript for Accessibility with Neha Sharma

In this episode of JavaScript Jabber we interview Neha Sharma about the importance of coding front-end JavaScript with accessibility in mind. She explains practical methods in which to generate accessible UX when using front-end frameworks, such as React and Angular. For example, the importance of generating proper semantic markup, and considering behaviors and responses to user interactions.PanelAJ O’NealAimee KnightDan ShappirGuestNeha SharmaSponsorsScout APM | We'll donate $5 to the open source project of your choice when you deploy ScoutThe Complete Software Developer's Career Guide - Grab a Copy TodayReact Native Remote Conf 2020PicksNeha Sharma:Follow Neha on Twitter > @hellonehhaNader Dabit (@dabit3)AJ O’Neal:Microservices ParodyAHA ProgrammingWindows 10: tar, ssh, curl, pwshYellowstonewebinstall.devAimee Knight:Software should be designed to lastDan Shappir:#javascriptriddleFollow JavaScript Jabber on Twitter > @JSJabber Special Guest: Neha Sharma . 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.

11 Aug 202044min

JSJ 443: All About InertiaJS with Jonathan Reinink

JSJ 443: All About InertiaJS with Jonathan Reinink

The panel talks with Jonathan Reinink about his new library, IntertiaJS. InertiaJS is a tool that allows you to create a monolith server rendered site, but where you write your own custom back end, and then use a front end framework like React, Vue, or Svelte. We discuss how Intertia works at a very granular level, how it compares to tools like Next.js and Nuxt, why monoliths are better than using APIs, how Interita handles authentication and form submissions, and much more.PanelAJ O’NealAimee KnightSteve EdwardsGuestJonathan ReininkSponsorsScout APM | We'll donate $5 to the open source project of your choice when you deploy ScoutReact Native Remote Conf 2020LinksTurbolinks PicksJonathan Reinink:Follow Jonathan on Twitter > @reinink, WebsiteInertia.js - The Modern MonolithLost in SpaceAimee Knight:Our AWS bill is ~ 2% of revenue. Here's how we did itSteve Edwards:ColonoscopyFollow JavaScript Jabber on Twitter > @JSJabber Special Guest: Jonathan Reinink. 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.

4 Aug 20201h 3min

JSJ 442: Breaking Into Tech with Danny Thompson

JSJ 442: Breaking Into Tech with Danny Thompson

Danny Thompson discusses his road to a successful tech career, after working for years outside the industry (frying chicken at gas-stations). He explains the importance of setting goals and following through, and how to overcome adversity, and handle setbacks. It's simultaneously a very inspirational story, but also filled with lots of very practical advice and action items to pursue. For example, the importance of attending and participating in Meetups and engaging with the local tech community.PanelAJ O’NealAimee KnightCharles Max WoodSteve EdwardsDan ShappirGuestDanny Thompson SponsorsG2i | Enjoy the luxuries of freelancingScout APM | We'll donate $5 to the open source project of your choice when you deploy ScoutReact Native Remote Conf 2020LinksAI powered resume builderPicksDanny Thompson:Follow Danny Thompson on Twitter > @DThompsonDevJames Q Quick - YouTubeBrad Traversy - YouTubeFlorin Pop - YouTubeAJ O’Neal:TemplateResumeThis Video Is Sponsored By ███ VPN The Wisdom of the Ancients by Sir Francis Bacon Free AudioBook)Aimee Knight:Amazon Web ServicesEco Performance Bamboo Clothing I Handmade I by TransientCraftCharles Max Wood:The One Funnel Away Challenge!Devchat.tv ConferencesSteve Edwards:xkcd: Wisdom of the AncientsCasablanca (1942) - IMDbDan Shappir:Adopt a puppy or other petFollow JavaScript Jabber on Twitter > @JSJabber Special Guest: Danny Thompson. 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 Juli 20201h 25min

JSJ 441: The Present and Future of JavaScript Bundling and Delivery with Yoav Weiss

JSJ 441: The Present and Future of JavaScript Bundling and Delivery with Yoav Weiss

Yoav Wiess is a Developer Advocate at Google on the Chrome team, and also co-chair of the W3C Performance Working Group. In this episode Yoav explains how JavaScript resources are currently being delivered to browsers, and limitations and downsides with these approaches. He then describes a proposal for an advanced JavaScript delivery method that addresses these limitations. When this proposal is implemented, it will enable much more efficient download of JavaScript into browsers, boosting Web performance. This is a public proposal, and Yoav invites the community to participate in the standardization process.PanelAJ O’NealAimee KnightSteve EdwardsDan ShappirGuestYoav WeissSponsorsScout APM | We'll donate $5 to the open source project of your choice when you deploy ScoutReact Native Remote Conf 2020LinksJSJ 434: Understanding and Using ES Modules in Node with Gil TayarPicksYoav Weiss McCumskey:Follow Yoav on Twitter > @yoavweiss Scroll to Text Fragment - Chrome Platform StatusAJ O’Neal:Follow AJ on Twitter > @coolaj86The Beatles: Abbey Road(great dynamic range) (note: the title I meant to use)Deno | webinstall.devDan Shappir:"Inspired by @Apple's #WWDC2020, I quickly built WashOSCharlie Gerard 🏳️‍🌈 (@devdevcharlie) / TwitterThe Beatles: a musical appreciation and analysis by composer, Howard Goodall CBESteve Edvards:Going Full Static - NuxtJSAimee Knight:Teach Yourself Computer ScienceFollow JavaScript Jabber on Twitter > @JSJabber Special Guest: Yoav Weiss. 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 Juli 20201h 15min

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