How Peanutbutter, Bananas and Oats are a Recipe for Financial Success

In this day and age, where peer pressure, marketing and temptation are around us to spend money, there has always been my one “go to” to keep myself in financial check.  Food typically is a higher expense on a monthly budget and I have found a recipe for success that works for me, to keep that expense category down through the majority of a month.  How do I keep this significant line item in check?  One of my recipes for financial success boils down to nothing other than peanutbutter, bananas and oats!  What am I talking about?  Let’s dive into the fun details to see where I am coming from with this trifecta of awesomeness.

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The Millionaire Next Door: Book Review & 5 Takeaways

Here we are. The first book review EVER posted on this website and I could not think of a better book to begin with.  Finally, after many references on other blogs and suggestions in forums, I decided to read “The Millionaire Next Door” by Thomas Stanley, PHD and Willian Danko, PHD.  It amazes me that it has taken me THIS long to read the book, but I guess it is better late than never, right?  One of my goals in 2017 was to read more books, so this seemed like a great place to start.  Here are some of my thoughts on the book.

The millionaire next door

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Best Use of Unlocked Cash Flow

Hello everyone!  Today, I went on a run outside and had a nice deep thought about what to do with an unlocked source of cash flow.  No, no this isn’t coming from my INCREASE in housing expenses or a pay raise.  This actually goes back to relate to paying off my auto loan earlier, rather than later.  This won’t be moving mountains, by any means, however this unlocks a new cash flow for me and now the debate is what to use the additional capital that will be available on a monthly basis going forward!

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Three Painful Housing Expense Increases

Ah, the house never ends!  I seem to find myself writing quite a bit about the cost of living in a house and the controllable/sometimes not so controllable costs associated with home ownership as well.  After various discussions with people and bills being paid – I’ve decided to write about the surprising increase in housing expense over three areas of living in a house – Insurance, Property Tax & select Utilities!  Come check out the “fun”!

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Lanny’s April Dividend Income Summary

Put it on the board!  Yes, another month is down and how exciting are these times for us dividend investors?  Tax discussions, price swings within the stock market and a plethora of dividend increases to boot.  One thing that i wished that cooperated better was the weather here in Ohio – it has swung wildly from mid-40’s to mid 80’s on a few occasions.  All is okay, as the Cavs are cruising in the 2nd round and the Tribe are playing okay!  Without further-ado here is April’s dividend income summary!

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Lanny’s Q1 2017 Goals Update

Spring time is in the air and  Easter has now been celebrated.  Busy season is over, the snow is melted and the NBA playoffs have started.  Baseball season is underway and the Cleveland Browns still have no idea what’s going on.  I set my goals earlier on and it’s time to check back in after a rough few months to see how I am doing.  Time to check in after 90 days of the pursuit of 2017’s goals, which is hopefully propelling and pushing 2018 soon-to-be goals to new levels.   Continue reading