Tuesday, July 31, 2018

August 2018 Budget - Part 2

Here is part two for making a budget for August 2018 -


I won't have everything finished by August 1st (tomorrow), sorry! On the bright side, we're making progress towards creating the budget, which is better than nothing.

I would recommend you write down your last transactions/spending today, on July 31st. It'll make it easier to find the break point between July and August on your debit/credit card statements.

Once I finish with the budget videos, I'll be talking about Apple's latest earnings!



Monday, July 30, 2018


Who knew the stock market was volatile? My portfolio went down $496.51 today. I don't use the term "I lost" $496.51 because I didn't sell any of my positions. You only lose money if you sell for lower than what you bought it for.

My portfolio is having much larger swings, both positive and negative, due to having "options". Options are different than just owning stocks. Here's a video from SkyView Trading on what options are - https://www.youtube.com/watch?v=joJ8mbwuYW8

My hope is that my options go back up in value, I will sell the options, and go back to buying dividend stocks.

Tomorrow, I will post the 2nd video for making a budget.

Thanks for reading.



Sunday, July 29, 2018

Creating a Budget for August 2018

August is almost here, and having a budget in place before August can help you keep track of your money for the month of August.

I made a video on how to make a budget - https://www.youtube.com/watch?v=fmV2sPDdmxI

This first video focuses on picking the categories for your budget. Spoiler alert - you can pick however many categories as you want. There will be more videos to spell out the rest of the budget.

These are the categories I made for my budget -

Car/Apt Insurance
Cell Phone
Eating Out
House Supplies
Student Loans

Hopefully the video can help you make a budget.



Saturday, July 28, 2018

Robinhood does not need Drip

DRIP stands for Dividend Reinvestment Program. I'll explain what this is through an example. Apple stock paid a dividend of $1.46 on May 17th, 2018. If I was enrolled in DRIP, this $1.46 would have bought $1.46 worth of Apple stock. On May 17th, 2018, Apple stock closed at $186.99.

$1.46 - dividend / $186.99 stock price = $1.46/$186.99 = 0.0078. If I had 1 share of Apple, I would now have 1.0078 shares of Apple. 

In August, Apple will probably pay another $1.46 dividend. That $1.46 is per share, and through DRIP I have a tiny amount over 1 share. So in August, I'll get 1.0078 x $1.46, which is $1.47. If I am I still enrolled in DRIP, then - 

$1.47 - dividend / $190.00 stock price (just guessing) = $1.47/ $190.00 = 0.0077. I would now have 1.016 shares of Apple. 

If you keep this going, you get more fractional shares of Apple, and after a long time, you'll reach two shares of Apple. This is compound investing/growth on it's own, and you don't need to do anything for it. 

A lot of people want DRIP enabled on Robinhood, and I don't think it is needed, and here's why - 
  1. DRIP will hurt Robinhood's revenue. Robinhood uses the money sitting in our accounts to make money just like a bank does. I love Robinhood, and the app is free, so let them make money. If Robinhood doesn't make money, we have to go back to paying commission on trades. 
  2. You don't get to choose the reinvestment price. DRIP happens on it's own, and you don't decide what price the dividends are reinvested at. The day that the dividends are reinvested, the price of the stock could be high, therefore buying fewer fractional shares. 
  3. Robinhood is so easy to use and check, I'd rather take me dividends and decide which stock I'm going to buy next, and at what price. I'm still reinvesting my dividends, just at a time/place that I decide on. Robinhood isn't the platform to just "set and forget".
I realize investors with smaller accounts could benefit from this, but I think they'll benefit more from not having to pay commission fees. If Robinhood doesn't make money off of the money available in our accounts, they'd have to probably charge for something, and the app wouldn't be free. 

Those are my thoughts, and I'd like to hear yours!

Thanks for reading.



Friday, July 27, 2018

Investing Update 7/27/2018

Another week has come and gone, and July is almost over. With the end of the week, here's an update on my Robinhood Portfolio -

1/1/20187/27/2018Change since Jan 1stAvg/Week
Robinhood Portfolio Value$3,586.18$5,367.03$1,780.85
Money from my pocket$2,902.00$4,308.98$1,406.98$47.35
Gains/Realized & Unrealized$546.42$861.48$315.06
Dividends Received in 2018$58.81
# of Dividends Received in 2018127
Average Dividend Payment Amount$0.463

I've contributed a lot of money to Robinhood this year so far. My total value would be higher, but I'm not accounting for the money I have in cryptocurrency, and my options dropped a ton in value today. 

What stood out to me is that I've received 127 dividend payments this year so far, which is really cool! There's been 208 days in 2018, so I've received a dividend ~61% of the days in 2018 so far. 

It'll be a few days before my portfolio page is updated. 

Hope the numbers make sense!



Thursday, July 26, 2018

Crypto Update

I still own five different cryptocurrencies on Robinhood: Bitcoin, Etherium, Bitcoin Cash, Litecoin, and DogeCoin. The only position that is positive right now is Bitcoin. I honestly don't even have a strategy right now with Crypto. Crypto doesn't pay dividends, so I can either hold and hope it goes up in value, or make small swing trades.

I should probably pay more attention to Crypto and start making small trades again. I have found trouble arises when I sit on a stock too long after it goes down a little bit, then I sit and hold hoping it'll go back up.

I'm hoping to breakeven on Bitcoin on the other platforms that I bought cryptocurrency on. Once I breakeven, I will move all of those funds over to Robinhood.

Even I never make money on Cryptocurrency, I can say I was a part of trying it out and using it.



Wednesday, July 25, 2018

Great Time for Gaming

I would say that right now is a great time for gaming. Fortnite is huge and is a great game. Pokemon Go is a great game, and vastly improved from when I stopped playing it 1.5 years ago. Clash of Clans is still putting out good content. Granted, I'm just naming games that I play, but they're still popular games. 

I'm able to watch gamers/gaming play live on Twitch, Facebook, and YouTube gaming. Fortnite Battle Royale, Clash of Clans, and Pokemon Go are all "free" (besides cost of the system and internet access). I enjoy playing these games, but I know 10 year old Mitch would be freaking out at how great these games are. 

Lately, I've really enjoyed watching Ninja and TimTheTatMan stream Fortnite on Twitch. I know some people, who don't understand streaming, might ask why I watch video games rather than play them. My answer to that is Ninja and Tim are great players and fun to watch. 

I've been gaming more lately to increase work-life balance. I've been working too much over the past year, and I need to reduce work so I don't get burnt out. 

If I was better at Fortnite, then my work-life balance would improve :) 



Tuesday, July 24, 2018


Every now and then I deviate from the core topics of this blog. I think it's important to talk about issues that are happening in the real world now and then. I want to talk about microaggressions. 

I am a white male, so I am less susceptible of being the target of a microaggression to the point of pretty much never having to worry about it. I have a good friend from college, who is a black woman. She posted on social media the other day that someone touched her afro and felt her afro/hair. I would actually say this is beyond a microaggression due to the physical touch being involved. 

Coming from a lens of being a white male, and knowing I can't form my hair into a true afro, I won't lie and say I think afros are cool and I'm intrigued by them. But there is a line with assuming it's OK to touch someone else's hair. 

You might say, as a white person, sometimes people touch my hair without asking, isn't that a microaggression? I would say no, it isn't. As white people, we have a lot of privilege and control in this world. These actions of microaggressions are usually directed towards people of color, and not white people. These microaggressions, whether words or actions, build up. 

If you do or say something that's a microaggression, own it. Making excuses and deflecting doesn't help the issue. Own what happened and do your best to move forward. Making excuses and defending yourself makes you appear to be the victim, not the person who the microaggression was directed towards. 

Let's make this world a better place for everyone, because there certainly aren't enough people in the world trying. 



Monday, July 23, 2018

Trying to Code

I attempted to code tonight. I didn't have a ton of luck, but I did install a program that lets you code Python. After talking to a friend who works professionally as a software programmer, he said to learn C# coding. I then tried to install a program to code C# and I have no idea how to launch it :(

Programming/coding is tough :( I still want to learn Python because the community seems really strong. There is a pretty active subreddit for Python, and it seemed pretty helpful and supportive. I also liked that literally python.org is straightforward and easy to understand.

I also found a very helpful tutorial on YouTube, and one that actually started with which software to download. I find a lot of YouTube videos just right into coding and I think to myself " I don't even know where to do the coding at!!!"

It'll be a long process, but I think it'll be fun to learn, and maybe I can even get a job from it.



Sunday, July 22, 2018

Mitch Missions this Week

Here are my Missions this week. 
  • Remove iCloud Account - I don't need it anymore, since I've been working on clearing out space on my iMac - Minimalism, Investing (saving money), Technology
  • Spend $50 or less on Food - I've been spending way too much money on eating out and need to reduce that spending for the rest of the month. - Investing (saving money), Health
  • Start basic programming learning - I want to learn how to code, and from looking things up online, it looks like I should start with learning Python. - Technology. 
Not too many Missions, but when I have too many, they're harder to accomplish. 



Saturday, July 21, 2018

Taking the time to Budget

I've talked about this a few times the past month, but I have a much better sense of where my money is going by having a budget. I've been keeping track of every transaction on excel, and I know where every penny has gone in the month of July so far. 

It takes a while, but I made myself sit down and get caught up today on my budget. It's nice to know where I stand with 10 days left in this month. The other great part is that I'll know exactly how much I have left over at the end of July. This leftover money can be put towards an extra payment on student loans, buying a fun item, or putting it in my Robinhood account. 

I also know where I need to cut back on spending next month. I definitely need to stay away from Best Buy and not buy any new gadgets for a month. 

If you need help setting up a budget, feel free to comment below!

Thanks for reading,



Friday, July 20, 2018

Investing Update 7/20/2018

Today my Robinhood Portfolio ended the week at a value of $5,336.77. The increase in value came from a Microsoft call option I have, a Visa call option, along with increases from Amazon and Google stock. My call options don't expire for a while yet, so I will keep holding those. Once I sell those call options, I will be going back to buying dividend stocks. 

Not a long update, but sometimes less is more. I did see people posting online that Robinhood sent them a survey, and the survey was asking them if they would utilize Robinhood as a bank that paid pretty good interest (Compared to most banks). Seeing this made me excited for the future of Robinhood. I'm glad they're not sitting stagnant and continue to innovate. 

Thanks for reading.



Thursday, July 19, 2018

Health Insurance

Today I am super thankful for having health insurance. I have a good job right now with good health benefits. I received the bill for a recent surgery I had, and insurance is covering a huge amount of the cost. If I had to pay for the entire cost of the surgery, I wouldn't be able to invest for retirement for a loooooong time.

I realize I've spent a lot of the time on my blog looking towards the future and reaching this point of "happiness" and "contentment". I need to be "happy" and "content" that I have health insurance. A lot of people in this country don't have health insurance. A lot of people were hopeful of getting it, and politicians on both sides got in the way of that.

The wage/salary of a job is important, but the benefits are super important too. I realize a lot of people aren't even able to have wages above minimum wage, and don't even get to consider the options of employee benefits.

I wanted to take the time to be appreciative, because in general, I still feel like I'm waiting to reach a point where I'll be content, but I need to realize that time is now.



Wednesday, July 18, 2018

iMac Storage

I've been working on reducing and sorting through my computer storage and external hard drives. My iMac has a storage size of 999.35 GB (1 Terabyte Hard Drive). Here's the current breakdown for storage on the iMac:

  • Documents - 645.47 GB
  • iCloud Drive - 202.35 GB
  • iTunes - 0.9931 GB
  • Music Creation - 2.28 GB
  • Photos - 18.37 GB
  • Trash - 98.59 GB
  • Available - 124.5 GB. 
Does Apple correctly add up storages sizes? Let's see. All of that added together is 1091.66 GB. Maybe some of the iCloud Drive files aren't directly saved on my hard drive. 

When I break down the 645.47 GB of Documents portion of my hard drive, here is what's on it - 
  • Dropbox - 356.39 GB 
  • Movies - 281.52 GB
  • Pictures - 63.59 GB
  • Music - 2.12 GB
  • Google Drive - 1.57 GB
  • Downloads - 1.57 GB
Total - 706.76 GB, so again, some of it must be saved on iCloud. 

The big culprits here are Dropbox and Movies. My plan is to not sync big files to my iMac anymore, and to transfer movies I've made to an external hard drive. 

Hopefully this makes my iMac run faster. I got my iMac in early 2015, and I should be able to use it regularly for another 3 years. 



Tuesday, July 17, 2018

Keeping my Google Pixel 2 Running Fast

I've had my Google Pixel 2 for about four months now, and it's still running very fast. My battery is also lasting all day. I would credit this to NOT having certain apps installed on my phone.

  • I do NOT have the Facebook app on my phone. The Facebook app is a storage hog, and when I did install it on my Pixel 2, my phone slowed down immediately. 
  • I do not have instagram installed on my phone. I never installed it on my Pixel 2, but I figured it would slow me down like Facebook.
  • I do not have Clash of Clans installed. I would attribute this to why my battery life is staying so good :) 

I'm hoping my phone can maintain this high level of performance for another eight months. I also don't use any apps that say they can improve the performance of your phone. 



Monday, July 16, 2018


I bought another cryptocurrency today - Dogecoin. I bought Dogecoin on Robinhood today. For cryptocurrencies on Robinhood, there is a chat feature available. The chat on Dogecoin today has been pretty funny, and (almost) worth the $10 I invested. I should probably learn more about crypto before I keep buying more, but again, I couldn't miss out on buying Dogecoin.

As of right now, I'm up $0.46 on my $10 purchase, which would be a 4.6% gain. I put $10 down on Dogecoin because if I lose $10, it's not a huge loss. (I don't drink alcohol, so I would consider this the same amount of money as "going out for a cold one with the boys"). Would I put $100 on cryptocurrency? Maybe Bitcoin, because it's reputable, and there's actually a limit to how much Bitcoin there can be in the world, therefore giving it some sense of value.

If I lose all of my money on cryptocurrency, OK. It's been fun to make trades after 4:00 P.M. It's been fun to make multiple trades a day. It's been fun to be a part of something "new" (new to Robinhood). I'll obviously keep my regular stocks going, but crypto so far has been fun.

Do you have Dogecoin?



Sunday, July 15, 2018

Amazon Prime Day

Tomorrow, July 16th, 2018, is Amazon Prime Day. I most likely will not be participating because I cancelled my Amazon Prime membership. I also don't need to buy things that I don't necessarily need, but am tempted to buy it because of the sale.

I don't think it's bad to buy things on Amazon Prime Day, but it could result in more clutter in your home, and things you won't use for the long-term. From an investor's standpoint, I should promote participating Amazon Prime Day. From a minimalism perspective, I'm not promoting it.

If I wasn't so invested in my Google ecosystem, I would take a closer look at the Amazon ecosystem. When I was cancelling my account, I did take a closer look at all of the benefits of Amazon prime. A lot of the benefits were good, just duplicates of what I already have with Google.

Are you planning on buying anything good tomorrow?



Saturday, July 14, 2018

Keeping up on my Budget

I've been mostly keeping up with my budget so far this month of July 2018. Tomorrow is the middle of the month, so I'll make sure I get everything updated. 

Things that have helped me stay on target this month -
  • Having a nice format for my budget
    • This took a lot of tinkering in excel/google sheets to figure out the format I liked
  • Banking Apps on my phone
    • Logging in with a finger print makes it easier to regularly check my spending
  • Picking a day to not spend any money with "a plastic" (Credit card/debit card)
    • Sometimes it's nice to let banking/spending accounts settle for a day. 
I haven't listened to Dave Ramsey in the past week, because work and life have picked up in busyness, and I've been playing a lot of Fornite :) I need to listen to Dave again to get reinvigorated on budgeting and saving money. 

What (should) be cool at the end of the month is seeing the leftover money I have. Part of my budget is investing money, so the leftover money can be used for anything I want. 

How do you keep track of your money/budget?



Friday, July 13, 2018

Investing Update 7/13/2018

This won't be my normal full investing update. I have some spreadsheets and numbers to reconfigure, and that might take some time.

My Robinhood portfolio ended this week at $5,313.62.

I don't have a count on my dividends for the year so far, because I stopped tracking it. I'll spend some time getting everything updated.

My plan in the next few months is to sell some of the options I have, and go back to dividend investing.

I know this isn't as detailed as my normal investing updates, but we'll get the ball rolling again.

Thanks for reading.



Thursday, July 12, 2018

Robinhood App - Litecoin and Bitcoin Cash

I got a notification today on the Robinhood App that I could buy two additional Cryptocurrencies - Litecoin and Bitcoin Cash.

I honestly don't understand everything behind Crypto currencies, and I couldn't tell you why I bought Litecoin and Bitcoin Cash vs continuing to buy regular Bitcoin and Etherium.

The Fear of Missing Out (FOMO) is real, and I bought $10 of Litecoin and $10 of Bitcoin Cash because it was new and I didn't want to miss out.

From the picture above, you can see where the equity is at of my Cryptocurrencies in my Robinhood App. So far, I've bought $10 of each Cryptocurrency.

I don't foresee adding much more money to Crypto, but I have my toes in the water, and will be able to watch and learn how trading Crypto works.



Wednesday, July 11, 2018

General Updates - July 11th, 2018

I don't have a ton to talk about tonight, but I still want to post.

I'm in a pretty good place with minimalism. I have most of my apartment sorted through, and all like items together. This is the first time I've had this in probably 5.5 years.

Investing is going pretty good. I'm not going to buy any more options on Robinhood, it's just too risky for me. I'm also contributing to my Roth IRA again, so that's good.

Technology. I'm very happy with my Google Pixel 2, it's probably the best phone I've ever owned. I'm working on my hard drives/storage, and I'm making progress.

Conservation. This one is and has been always the hardest to talk about. I have no updates.

Health. I had my tonsils out this summer and I'm feeling so much better. My tonsils had been swollen for over 6 months and I decided to have them removed. It was a painful recovery, but I'm feeling a lot better.

So that's an overall update for the MITCH categories.

Thanks for reading!



Tuesday, July 10, 2018

Crypto on Robinhood

I bought $10.00 worth of Bitcoin on Robinhood today. I didn't need to buy it, but I did anyways, because I love the Robinhood App and I want to try out all of the features available.

What's nice about having crypto on Robinhood is that I can now remove my crypto from other platforms, which results in fewer usernames/passwords to remember.

As of right now, you can't send your bitcoin to other people, or buy things with it, it's just for trading. I'm not sure what Robinhood's plans are for the future, but with the other platforms that I've bought Bitcoin with, you "own" the actual bitcoin and are able to send it to others or other platforms.

I'm not expecting outrageous gains with this purchase, but it's fun to watch and keep track of while I'm already checking my stocks on Robinhood.



Monday, July 9, 2018

Dividends This Week

It looks like I'll be getting five dividend payments this week. If you think about it, I'm getting paid five times this week. 
  • PFF - $0.19
  • ITW - $0.78
  • O - $0.22
  • SDIV - $0.27 ($0.1352/share)
  • DIV - $0.14
Total dividends this week - $1.60. This is an irregular week since PFF, O, SDIV, and DIV all pay dividends on a monthly basis. I am shifting back to the safe and (mostly) consistent strategy of dividend investing. 

I tried out some options on the Robinhood App, and it's too volatile for me, even with stocks that I'd consider not super volatile. 

I'll get back to my regular Friday stock updates soon. 

Thanks for reading.



Sunday, July 8, 2018

Managing Data, Files, and Backups

I have a lot of work to do when it comes to managing my external hard drives and flash drives. I currently have -

  • 1 x old Maxtor 500 Gigabyte external hard drive (That doesn't really work)
    • Purchased in....2006? 
  • 1 x 250 Western Digital 250 Gigabyte external hard drive
    • Purchased this in fall of 2008
  • 1 x Western Digital 1 Terabyte external hard drive
    • Purchased during Black Friday of 2009
  • Various flash drives throughout the years
  • 1 x Corsair 128 Gigabyte Solid State Drive (SSD) flash drive
    • Purchased fall 2017
I also have Google Drive, Dropbox, and iCloud storage. 

Ideally, I would only have one online cloud storage, probably Google Drive, and one main external hard drive that centralizes everything (sort of like a server). 

I would like to have a drive where I can save all of my video projects on, so I can get them off iMac. My iMac has been running slow, and I need to get a bunch of files off of it. 

My plan 
  1. Get all of the files off of the Maxtor Drive, since it doesn't stay connected for more than 15 minutes at time. Move the files to the 1 TB drive. 
  2. Clear out the 250 gig WD drive to the 1 TB drive.
  3. Clear out the 128 gig SSD to the 1 TB drive. 
  4. Sort through the 1 TB drive and remove duplicate/unnecessary items. 
This is a plan to get me started.

How do you organize your computer files? (Probably better than how I do it)



Saturday, July 7, 2018


Well, for the first time in 2018, I "jog-walked". I don't use the term "running" unless I'm actually running. Back in the summer of 2013, I used to jog/run almost every night. I can't believe it's been five years since that summer, a summer that was very transformational for me. I worked really hard to get my running up that summer and I let it all go.

I jog-walked 2.00 miles at a pace of 16:55 min/mi, which yes, is basically walking. I did have spurts of jogging, which I need to work myself back into. This will be my baseline, and I will try to improve it every day.

I need to get new shoes for being outside, especially at the weight I'm at. Any stress I can alleviate from my knees is needed!

I made progress tonight, and I will use this blog to maintain my progress of getting back into "running".

How were your Saturdays?



Friday, July 6, 2018

AT&T Stock

A lot of things have changed with my Robinhood Portfolio. I ended up selling my AT&T stock (Stock Ticker T), and I've repurchased that stock.

I bought one share of T for $32.65. Below is my dividend history while owning T.

T Dividend Payment Dates

  • Nov 2, 2015 - $0.47/share
  • Feb 1, 2016 - $0.48/share
  • May 2, 2016 - $0.48/share
  • Aug 1, 2016 - $0.48/share
  • Nov 1, 2016 - $0.48/share
  • Feb 1, 2017 - $0.49/share
  • May 1, 2017 - $0.49/share
  • Aug 1, 2017 - $0.49/share
  • Nov 1, 2017 - $0.49/share
  • Feb 2, 2017 - $0.50/share
  • May 1, 2017 - $0.50/share
The upcoming dividend is $0.50/share. The ex-dividend date is this Monday, July 9th, so if you wanted to get this latest dividend, you would have needed to bought shares of T by today. 

T pays dividends four times a year, so $0.50/dividend * 4 dividends/year = $2.00/year

$2.00/year in dividends / $32.65 purchase price = 6.13% dividend yield. Nice. 

Lets say in five years, following the trend of AT&T increasing their dividend by a penny a year, each quarter's dividend would be $0.55/share. 

$0.55/dividend * 4 dividends/year = $2.20/year

$2.20/year in dividends / $32.65 purchase price = 6.74% dividend yield. I'm not saying this is going to happen, because the future of stocks is unpredictable. 

Do you own AT&T stock?



Thursday, July 5, 2018

Making Efforts

Life is hard. After July 4th, it seems that summer is in a downward slide back towards school starting and fall/autumn. All of my summer goals and plans seem less likely to happen now that it's July 5th. Every day though, I still try to make improvements-

  1. Tell myself positive things.
  2. Try to not be so hard on myself.
  3. Make my apartment a little more like home. 
  4. Plan better.
  5. Be more proactive.
  6. Intentionally put days off on my calendar.
  7. Slow down at work.
  8. Be nice to people above all else.
  9. Listen to music. 
  10. Talk to my family.
I've been actively trying to do these things, and it is helping to make life better. I'll keep making these efforts.



Wednesday, July 4, 2018

Independence Day 2018

Today is the a holiday in the United States, the 4th of July or Independence Day. I didn't do a whole lot today as I wasn't able to travel home for the holiday. I personally don't get excited for the loud noise and congestion of trying to watch fireworks in large, congested area. 

I decided that today would be (the start of) my independence day from using credit cards and wasting money. I'm going to start transitioning away from using credit cards (Thanks to advice from Dave Ramsey). I'm also going to stop recurring subscriptions that I don't fully utilize or need anymore. 

I cancelled my Amazon prime subscription. I really wasn't buying anything on Amazon too regularly, and all of their cloud services, I use the Google equivalent. 

I also need to evaluate cloud storage subscriptions and which ones I should keep. I have three right now (not good), and I need to cut back. 

The good thing is, I've made a pretty good budget for July 2018, and in the four days of July, I've tracked all of my expenses so far! (This was to be read in a sarcastic voice, because four days isn't very long) It's a good start, and I think the excel spreadsheet I made is simple enough to track my expenses the entire month. 

To summarize, I'm trimming the fat of my spending, and I'm tracking all of my expenses this month. This is all done in an effort to be "independent' from debt. 

Thanks for reading.


Tuesday, July 3, 2018

Dave Ramsey

I love watching YouTube videos and I've recently stumbled across Dave Ramsey videos. Dave Ramsey gives a lot of advice about getting out of debt and not using credit cards. To see for yourself, here's a video -

At night, when I'm brushing my teeth, I'll usually "watch" (listen) to these videos, and it gives me motivation to do better financially. From his advice, I'm considering not using my credit cards anymore. He makes a good point that the cash back bonus you get from a credit card is probably less than amount you'd save by spending cash instead of a credit card. I agree that Dave has a point with this. I dislike giving up cash and seeing it leave my wallet. I don't care as much when I use a credit card to pay for something.

Dave also doesn't care about credit scores. I started thinking about why I care about raising mine back up so much? (My credit score tanked after my house got foreclosed on). I won't need a credit score again unless I'm going to buy another house, which is going to be a loooooong time for me.

It's nice to hear a different opinion about credit cards and finances. If you want a different perspective about finances, give Dave a listen.



Monday, July 2, 2018

Bad Jump into Crytocurrency

I jumped into Crytocurrency about a month ago, and wow did I pick a bad time to do so. Bitcoin, Etherium, Litecoin, and Bitcoin Cash, (Crytocurrencies that I became more familiar with) all dropped in price by a large percentage in the last month.

I was excited for Crypto because I could trade stocks 24/7, outside of the current 8:30 AM - 3:00 PM time frame. I was also excited because it doesn't have Pattern Day Trader rules/requirements. In the regular stock market, if you have under $25,000, you can't pattern day trade (I guess you can, as long as you don't have any type of margin account, and you wait three days for your funds to settle). I was looking at Crypto as a side hobby to do some fun trades and to make a few bucks.

I'm DOWN a lot of "BUCKS" right now. I guess I'll sit and wait and hope Crypto goes back up. The risky thing is, there aren't the same reasons for a crypotcurrency price to go up compared to a regular stock.

In the future, when Apple undoubtedly beats earnings expectations, the stock price will rise. This is due to Apple showing it is a profitable company. Bitcoin isn't a stock, and it's not a company. Bitcoin doesn't "release earnings".

While I'm currently down in value on my cryptocurrencies, I'm still excited and optimistic for this technology in the future. In the meantime, I need to do more research.

Thanks for reading.



Sunday, July 1, 2018

Regular Things in Irregular Times

I have been thinking about how it has been nice to do regular things in irregular times. Did that sentence make sense? I'm a little rusty at blogging.....

I've moved many times over the past 6 years now, due to graduating college and different job/life paths. I'm pretty settled in at my new location, and actually have most of my items unpacked for once. I usually never fully unpacked because I knew where I was living was temporary. It's nice to be more settled because I can actually feel (somewhat) settled physically and mentally.

Regular things in irregular times. These past 6 years have been irregular, but I'm finding little things to maintain some regular continuity -

  • Hanging pictures of family and friends on the fridge. 
    • This has helped so much, and I always took it for granted at home growing up. My fridge growing up always had family and friends and I never took ownership of doing this myself for my fridges. Seeing real pictures of my family friends, and not digital ones, has raised my spirits. 
  • Tracking my student loans.
    • I have a spreadsheet that I've been using for over 5 years to track my student loans. Having the same spreadsheet for so long has helped to "ground me". I've been using the same form and working towards the same goal, paying my loans off, for over 5 years now. 
  • Getting a local library card
    • Going to the library and checking out books, even though I usually don't completely read the book, helps me feel more connected to my local community. 
If you're feeling unsettled in a new place, you can try doing these things. I believe there are a lot of things necessary to feel settled in a new place, but these are three things you can do on your own. 

Thanks for reading.