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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182 JSJ RxJS with Matthew Podwysocki

182 JSJ RxJS with Matthew Podwysocki

02:19 - Matthew Podwysocki IntroductionTwitter GitHubMicrosoft04:01 - RxJSReactive JavaScript Interview w/ Jeffrey Van Gogh & Matthew Podwysocki @ JSConf 2010“First-class Events”10:18 - Practical Experience of UseObservables17:28 - observable-spec 21:43 - Observables and Promises 25:06 - Using RxJS in Common FrameworksRxJS Git Book RxJS Gitter Channel27:53 - Are there places where observables might not be better than callbacks/Promises?29:16 - Why would someone use RxJS on the backend in place of Node streams? RabbitMQ32:28 - Are Promises dying?36:13 - Observable GotchasHot vs Cold Observables40:29 - InfluenceElmFunctional Reactive Programming (FRP)47:47 - Will observables in ES2016 replace RxJS?Picks A cartoon guide to Flux (Aimee) Promisees (Aimee) The Dear Hunter - Act IV Rebirth in Reprise (Jamison) Jessie Char: Expert On Nothing @ NSConf7 (Jamison) XHR Breakpoints (Dave) Glove and Boots (Dave) Computer Programming (Joe) Evan Czaplicki’s Thesis for Elm (Joe) The Alchemist by Paulo Coelho (Chuck) thaliproject (Matthew) BBC Micro Bit (Matthew) Minutemen (Matthew)Special Guest: Matthew Podwysocki. 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 Okt 20151h 1min

181 JSJ The Evolution of Flux Libraries with Andrew Clark and Dan Abramov

181 JSJ The Evolution of Flux Libraries with Andrew Clark and Dan Abramov

Sign up for JS Remote Conf! Dan and Andrew's super awesome, helpful document that they made for the show during preparation03:22 - Andrew Clark IntroductionTwitter GitHubOpenGovflummox 03:39 - Dan Abramov IntroductionTwitter GitHubJavaScript Jabber Episode #179: redux and React with Dan Abramov 04:03 - FluxFlux vs MVC09:36 - Data FlowWhy FluxComponent > fluxMixinMixins Are Dead. Long Live Composition.  Higher-order Components Sebastian Markbåge's Tweet22:52 - Conceptualizing React and FluxReact.js Conf 2015 - Flux Panel Does redux limit ambiguity that exists in Flux?27:50 - Documentation 30:38 - The Elm Programming Language 32:34 - Making Patterns Explicit in FrameworksTom Dale @ TXJS 2015Let a 1,000 flowers bloom. Then rip 999 of them out by the roots.Sebastian Markbåge: Minimal API Surface Area @ JSConf EU 201436:31 - Getting Started with React and FluxClasses42:42 - Where Flux Falls Short58:23 - Keeping the Core Small; Making DecisionsPicks Strange Loop 2015 Videos (Jamison) Typeset In The Future (Jamison) Open-source as a project model for internal work (w/ speaker notes) by Kevin Lamping (Jamison) Explanation of Zipf's Law (Dave) Will Conant's talk at UtahJS 2015 on Flux (Dave) The Legend of ZERO (3 Book Series) by Sara King (Joe) Camel Up (Joe) The Elm Programming Language (Joe) Boundaries: A talk by Gary Bernhardt from SCNA 2012 (Aimee) Nodevember (Aimee) TV Fool (Chuck) RCA Outdoor Digital HDTV VHF UHF Yagi Type Antenna (Chuck) The Michael Vey Book Series (Chuck) BusinessTown (Dan) Elon Musk: The World’s Raddest Man (Dan) Professor Frisby's Mostly Adequate Guide to Functional Programming (Dan) Abiogenesis (Dan) react-future (Dan) The Righteous Mind (Andrew) lodash-fp (Andrew) Inside Amy Schumer (Andrew) dataloader (Andrew) Careers at OpenGov (Andrew)Special Guests: Andrew Clark and Dan Abramov . 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 Okt 201550min

180 JSJ Finding a Job

180 JSJ Finding a Job

02:14 - 15 Minute Podcast Listener chat with Charles Wood 03:23 - Amy’s Upcoming Talk at Nodevember 04:45 - Junior, Mid-level, and Senior Developers08:00 - Advice for Devs Straight Out of Boot Camp (How Job Hunts Work)14:28 - Looking For the Right Job For YOU The Passionate Programmer: Creating a Remarkable Career in Software Development by Chad Fowler23:22 - Mentorship & Company Culture 27:16 - Nailing the InterviewSalary ExpectationsGet to Know Potential Team MembersConfidence32:57 - Be Prepared: Coding is HARD Work35:27 - Getting To Know People & NetworkingHackathonsOpen Source ContributionDon’t Be Afraid … APPLY! ApprenticeshipsSaron Yitbarek: CodeNewbieConferences46:45 - Communication and People SkillsConway’s LawGet in touch with Aimee or Chuck!Tweet @cmaxwFork Aimee’s Ask Me Anything! Picks JS Remote Conf (Chuck) Rails Remote Conf (Chuck) Remote Conference Talks (Chuck) Standing Desks (Aimee) We have a problem with promises (Aimee) Interview Cake (Aimee) Nodevember (Aimee) A standing desk for $22 (Chuck) SmartCells Anti-Fatigue Comfort Mat (Chuck) Pebble Time (Chuck) Pebble.js (Chuck) 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 Okt 201558min

179 JSJ redux and React with Dan Abramov

179 JSJ redux and React with Dan Abramov

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30 Sep 20151h

178 JSJ Tech Education and The Business of Running Front End Masters with Marc Grabanski

178 JSJ Tech Education and The Business of Running Front End Masters with Marc Grabanski

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23 Sep 201512min

177 JSJ UI Validation with Oren Rubin

177 JSJ UI Validation with Oren Rubin

02:43 - Oren Rubin IntroductionTwitter GitHubLinkedInTESTIM.IO 05:43 - TestingUnit TestingEnd-to-end TestingAcceptance TestingFunctional TestingPerformance Testing18:18 - Page Object(s)Locators27:10 - Protractor & SeleniumZombie32:06 - Checking UI (Screenshots)37:04 - End-to-end > Full Coverage?40:03 - When should you start testing?42:21 - Cucumber 45:39 - DebuggingPicks Paul Ford: 10 Timeframes (Jamison) Kishi Bashi - “In Fantasia” (Jamison) Matt Zabriskie (Jamison) http-backend-proxy (Aimee) repl.it (Aimee) React.js Training with Michael Jackson and Ryan Florence (Joe) React Rally (Joe) AngularConnect (Joe) ng-conf (Joe) Ruby Remote Conf Videos (Chuck) Angular Remote Conf (Chuck) 15 Minute Podcast Listener chat with Charles Wood (Chuck) Dave Haeffner: Elemental Selenium (Oren) CSS Secrets by Lea Verou (Oren) Cloudinary (Oren)Special Guest: Oren Rubin. 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.

16 Sep 201559min

176 JSJ RethinkDB with Slava Akhmechet

176 JSJ RethinkDB with Slava Akhmechet

02:20 - Slava Akhmechet IntroductionTwitter GitHub Blog02:41 - RethinkDB Overview@rethinkdb rethinkdb repo    04:24 - How It’s UsedCompose.io05:58 - Joins12:50 - Returning DataJSON13:53 - Getting Data to the BrowserQuora ArticleSocket.IO19:35 - ClusteringReliability & Performance IssuesJepsen (Call Me Maybe Series)Consensus Algorithms26:37 - ReQL 30:53 - IndexesB-tree 32:18 - MapReduce 35:44 - The RethinkDB Community & Contributors38:04 - Is it production ready?40:08 - Differences Between Version 2.0 and 2.1 ExtrasJavaScript Jabber Episode #161: Rust with David HermanSteve Klabnik: Systems Programming for the Ruby Developer @ Ruby Remote Conf 2015  Picks Our World War (Dave) Quest Protein Bars (Aimee) You-Dont-Know-JS (Aimee) Angular Remote Conf (Chuck) Orphan Black (Chuck) Mr. Robot (Slava) Rick and Morty (Slava) The Rust Programming Language (Slava)Special Guest: Slava Akhmechet. 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.

9 Sep 201551min

175 JSJ Elm with Evan Czaplicki and Richard Feldman

175 JSJ Elm with Evan Czaplicki and Richard Feldman

02:27 - Evan Czaplicki IntroductionTwitter GitHubPrezi 02:32 - Richard Feldman IntroductionTwitter GitHubNoRedInk02:38 - Elm @elmlang04:06 - Academic Ideas05:10 - Functional Programming, Functional Reactive Programming & Immutability16:11 - ConstraintsFaruk AteşModernizrThe Beauty of ConstraintsTypes / Typescript24:24 - Compilation27:05 - Signals start-app36:34 - Shared Concepts & Guarantees at the Language Level43:00 - Elm vs React 47:24 - IntegrationPortslunr.js52:23 - Upcoming Features54:15 - TestingElm-Test elm-check56:38 - Websites/Apps Build in ElmCircuitHub58:37 - Getting Started with ElmThe Elm Architecture Tutorial Elm Examples59:41 - Canonical Uses?01:01:26 - The Elm Community & ContributionsThe Elm Discuss Mailing ListElm user group SFStack Overflow ?The Sublime Text PluginWebStorm Support for Elm?Codagrunt-elm gulp-elmExtras & ResourcesEvan Czaplicki: Let's be mainstream! User focused design in Elm @ Curry On 2015 Evan Czaplicki: Blazing Fast HTML: Virtual DOM in ElmPicks The Pragmatic Studio: What is Elm? Q&A (Aimee) Elm (Joe) Student Bodies (Joe) Mike Clark: Getting Started With Elm (Joe) Angular Remote Conf (Chuck) Stripe (Chuck) Alcatraz versus the Evil Librarians (Alcatraz, No. 1) by Brandon Sanderson (Chuck) Understanding Comics: The Invisible Art by Scott McCloud (Evan) The Glass Bead Game: (Magister Ludi) A Novel by Hermann Hesse (Evan) The Design of Everyday Things: Revised and Expanded Edition by Don Norman (Richard) Rich Hickey: Simple Made Easy (Richard) NoRedInk Tech Blog (Richard)Special Guests: Evan Czaplicki and 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.

2 Sep 20151h 9min

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