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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231 JSJ Codewars with Nathan Doctor, Jake Hoffner, and Dan Nolan

231 JSJ Codewars with Nathan Doctor, Jake Hoffner, and Dan Nolan

3:23 Discussing the purpose and aim of Codewars7:30 The process for building a program with Codewars11:07 The UI and editor experience12:55 The challenges faced when first building Codewars14:23 Explaining PJAX16:54 Building code on Codewars21:24 The expanded use of KATA on Codewars23:11 Practicing “solving problems” and how it translates to real world situations34:00 How Codewars proves out the persistence of coders36:41 How Codewars appeals to collaborative workers44:40 Teachable moments on Codewars49:40 Always check to see if Codewars is hiring. Codewars uses Qualified.io, which helps automate the hiring process.PICKS: Marrow Sci-fi book Uprooted Fantasy book “Write Less Code” blog post “The Rands Test” blog post Five Stack software development studio “Stranger Things” on Netflix Angular 2 Class in Ft. Lauderdale, Discount Code: JSJ Lean Analytics book Code book Datasmart book Letting Go bookSpecial Guests: Dan Nolan, Jake Hoffner, and Nathan Doctor. 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 Sep 201658min

230 JSJ Node at Capital One with Azat Mardan

230 JSJ Node at Capital One with Azat Mardan

00:51 Jameson is looking for clients who need front and back end code for apps; @Jergason (Contact him via Direct Message)04:40 An explanation of Capital One and its operations6:06 How many Capital One developers are using Node and how it is being implemented10:30 Process of approval for app/website development14:15 How the culture at Capital One affects technology within the company18:25 Using Javascript libraries to manage different currencies19:40 Venmo and its influence on banking22:32 Whether banks are prepared to operate in a cashless society29:44 Using HTML and Javascript for updating projects or creating new ones35:21 Who picks up Javascript easily and why: “It’s more about grit than raw intelligence.”44:00 Upgrading via open source codes45:40 The process for hiring developers51:35 Typescript vs. non-typescriptPICKS:“Nerve” MovieBrave Browser“Stranger Things” on Netflix Angular 2 Class in Ft. Lauderdale, Discount Code: JSJ “Strategy for Healthier Dev” blog postHealth-Ade Beet Kombucha“The Adventure Zone” podcastOn the Cruelty of Really Teaching Computer Science article by E.W. Dijkstra“The Freelancer Show” podcast“48 Days” podcastNode.universityAzat Mardan’s WebsiteAzat Mardan on TwitterCETUSA – Foreign exchange programSpecial Guest: Azat Mardan. 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 Sep 20161h 7min

229 JSJ Elm with Richard Feldman

229 JSJ Elm with Richard Feldman

1:13 No Red Ink is hiring; Richard’s book-in-progress 2:10 Frontend Masters Workshop 2:55 Elm’s primary function5:10 Using Elm over using Haskell, React, Javascript, etc.9:15 Increased usability of Elm with each update 13:45 Striking differences between Elm and Javascript16:08 Community reactions to Elm20:21 First Elm conference in September22:11 The approach for structuring an Elm app23:45 Realistic time frame for building an app from scratch32:20 Writing pure functions and immutable data; how Elm uses Side-Effects38:20 Scaling a big FP application44:15 What Javascript developers can take away from using Elm48:00 Richard on Twitter PICKS“In a World…” MovieBuilding a Live-Validated Signup Form in ElmApple Cider VinegarCETUSA – Foreign exchange programSpecial Guest: Richard Feldman. 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.

14 Sep 201654min

228 JSJ React Native with Nader Dabit and Mike Grabowski

228 JSJ React Native with Nader Dabit and Mike Grabowski

Code-sharing between mobile and web apps with React NativeUsing native code and JavascriptWhat to know about developing with React NativeThe importance of toolingLive and hot-reloadingUpdating your app on the flyPossible difficulties faced by transitioning to React NativeBridging between native API’s and React NativeWriting apps in Swift or React NativeThe future of React NativeHow to start a React Native project Resources:Frontend MastersHired.comRollbarMicrosoft Code PushReact Native Radio Episode 8Tadeu Zagallo’s WebsiteSpecial Guests: Mike Grabowski and Nader Dabit. 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.

7 Sep 20161h

227 JSJ Fostering Community Through React with Benjamin Dunphy, Berkeley Martinez, and Ian Sinnott

227 JSJ Fostering Community Through React with Benjamin Dunphy, Berkeley Martinez, and Ian Sinnott

03:08 - Benjamin Dunphy IntroductionTwitterGitHub04:07 - Berkeley Martinez IntroductionTwitterGitHubFree Code Camp04:19 - Ian Sinnott IntroductionTwitterGitHubBlogTruSTAR Technology05:19 - The React Codebase12:38 - Other Important Parts of the React Ecosystem14:22 - The Angular vs the React Ecosystem and CommunityThe Learning Curvecreate-react-app22:07 - CommunityDeveloper ExperienceFunctional Programming26:56 - Getting Connected to the React CommunityMeetup: Real World React@rwreactReactJS San Francisco Bay Area MeetupMeetupEventbriteCalagatorTwitterDan Abramov: My React List29:34 - ConferencesReact.js ConfReact RallyReactNextReactiveConfReactEurope33:28 - Technology From the CommunityreduxThunderCats.js 38:23 - Choices Are Expanding; Not ShrinkingLinting40:19 - The Future of React42:39 - Starting More Communities PicksThis Developing Story (Aimee)Nashville (Aimee)Nodevember (Aimee)egghead.io: React in 7 Minutes (Ben)Lee Byron: Immutable User Interfaces @ Render 2016 (Ben)Nick Schrock: React.js Conf 2016 Keynote (Ben)create-react-app (Ian)Functional Programming Jargon (Ian)The Serverless Framework (Ian)Ben's Blog (Berkeley)Isaac Asimov’s Robot Series (Berkeley)Vsauce: The Zipf Mystery (Berkeley)Kinesis Advantage for PC & Mac (Dave)Special Guests: Benjamin Dunphy, Berkeley Martinez, and Ian Sinnott. 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.

31 Aug 201651min

226 JSJ Test Doubles with Justin Searls

226 JSJ Test Doubles with Justin Searls

React Remote Conf and Angular Remote Conf  03:15 - Justin Searls IntroductionTwitterGitHubBlogTest DoubleJavaScript Jabber Episode #038: Jasmine with Justin Searls04:13 - Testingtestdouble.jsteenytestSinon.JS08:44 - MockingGrowing Object-Oriented Software, Guided by Tests by Steve Freeman and Nat PryceJim Weirich14:45 - Starting These Concepts as a Junior DeveloperTest-driven Development17:55 - testdouble.js vs. sinon.jsNIH = Not Invented Here26:39 - Duck Typing, Monkey Patching, Duck Punching32:22 - Node.js NegativityDesign, Resources Martin Fowler’s Refactoring and Patterns BooksDomain-Driven Design: Tackling Complexity in the Heart of Software by Eric Evans42:52 - Community45:08 - The AAA Rule: Arrange, Act, Assert51:19 - Error Messages PicksUnemployment (Jamison)React Rally (Jamison)Julia Evans' Tweet: how to be a wizard programmer  (Jamison)See the good in people (Aimee)Sinon.JS (Joe)How to Stay Motivated: Developing the Qualities of Success by Zig Ziglar (Chuck)The Harry Potter Series (Chuck)RetroPie (Justin)How Elm can Make you a Better JavaScript Programer (Justin)NEJS Conf (Justin)Special Guest: Justin Searls. 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 Aug 20161h 4min

225 JSJ Functional Programming with John A. De Goes

225 JSJ Functional Programming with John A. De Goes

03:08 - John A. De Goes IntroductionTwitterGitHubBlogSlamData04:07 - PureScriptJavaScript Jabber Episode #189: PureScript with John A. De Goes and Phil Freeman04:58 - “Purely Functional” 09:18 - Weaknesses With Functional ProgrammingObject-oriented ProgrammingProcedural Programming14:36 - Organizing a FP CodebaseJohn A. De Goes: A Modern Architecture for FP17:54 - Beginners and Functional Programming; Getting StartedLearning About the History of Functional ProgrammingHiring Junior Devs to do FP28:20 - The Rise of Functional Programming in JavaScript-land32:08 - Handling Existing Applications36:03 - Complexity Argument41:53 - Weighing Language Tradeoffs; Alt.js  PicksNadia Odunayo: The Guest: A Guide To Code Hospitality @ RailsConf 2016 (Aimee)React Rally (Jamison)Cleanup Algorithm (Jamison)PostgreSQL Exercises (Jamison)iPad Pro (Chuck)Smart Keyboard for iPad Pro (Chuck)Apple Pencil (Chuck)GoodNotes (Chuck)John A. De Goes: Halogen: Past, Present, and Future (John)slamdata (John)Special Guest: John A. De Goes. 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 Aug 201656min

224 JSJ Cypress.js with Brian Mann

224 JSJ Cypress.js with Brian Mann

Angular Remote Conf and React Remote Conf  03:18 - Brian Mann IntroductionTwitterGitHub03:33 - Cypress.io 04:09 - Selenium 08:56 - Cypress vs Selenium16:54 - Similarities: Cypress and Protractor 18:22 - Mocking API Data20:40 - Getting Started with Cypress and The Migration Process21:54 - Testing30:31 - Handling Data on the Backend34:16 - What’s coming next in Cypress?Special Guest: Brian Mann. 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 Aug 201645min

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