money engineering

12/17/18-01/13/19 Expense Report: The Great Australian Christmas Edition (84.75% Savings Rate!!)

In terms of my savings rate, this is the best 4-week period I have had since starting this blog. There is one single, dominating reason I got to an 84.75% savings rate: BONUS SEASON, BABY! The promised bonus I mentioned during the last 4-week period was given, and it has seriously given me confidence, knowing that my hard work pays off. Holding that check made me feel like Ryan Gosling’s character at the end of The Big Short. Just kidding. Knowing that my numbers would be good this period, I took advantage and performed some accounting voodoo so that the […] Read More

11/19/18-12/16/18 Expense Report (72.04% Savings Rate!) Plus Special Bonus Section

While not as monstrous as my last 4-week period, I am happy with the results. I got to a 72.04% savings rate from two key factors: My 11% raise becoming effective during this period Unnecessary/rainy day expenses being way down My company’s performance review cycle came during the middle of this period. I walked away with an 11% raise and a verbal commitment to a 5-figure bonus this year. How? I worked my ass off, honed my skills, and brought new business into my company. I have been keeping my resume updated so recruiters constantly get in touch me, which […] Read More

10/22/18-11/18/18 Expense Report (79.54% Savings Rate!!!)

This 4-week period was the best I have had in a while! A few significant pieces of the pie turned out really well to get the savings rate to 79.54%: MONSTER month from my rentals Low food costs Side hustles paying out These things could not have happened at a better time, as I had to make a couple of large, unavoidable purchases for the home. Compared to the 4-week period before this, my expenses overall were down largely because I went on vacation during the 9/24 to 10/21 period. Individual expenses went up just because I keep track of […] Read More

How to KILL Your Money (And How to Rethink What it Can Do for You)

With the holiday season coming up, people are getting into a massive spending frenzy if they are not in one already. That frenzy will drive them to do something that will destroy their chances at retirement, let alone an early retirement. What will they be doing? They will be killing their money. Every dollar you spend drives it into its grave. If you have goals beyond working a 9-5 forever, you will need to rethink what money can actually is. The conventional way to think of money is as a resource. You trade your time for a piece of paper, which […] Read More

The [ONE] Thing Your Resume Needs to Stand Out in the 21st Century

Look. The economy is ever-expanding. Job growth is strong. Needless to say, it is a good time to be a skilled worker looking for a job. If you are one of those people, your resume will be one of the most vital tools at your disposal to take advantage of today’s booming market. The problem? Every single resume out there is going to tout their author’s credentials as best as it can. Honestly, who is going to write a resume that does not try to make them look good? There is one thing that you need to stand out in today’s market: […] Read More

The 4 Financial Red Flags You Need to Pay Attention to in Your Love Life (Especially in 2018)!

Commitment. Trust. Respect. Leaving the toilet seat up. They say that with those taken care of, your love life will flourish and be cemented for life. But in 2018? Not quite. In addition to those pillars of love, you and your significant other need to be on the same page financially in this day and age to make it last. There are financial red flags you need to pay attention to in your love life. “But love is all that matters, right?” You can say whatever you want, but here are some numbers: Of all the divorces in this country, […] Read More

How Lunch is Bankrupting You in 2018 (And How OatMEAL Will Make You Rich!)

I’ll take a Number One with grilled onions and no tomatoes please. That was my go-to order at In-N-Out. I ate out religiously with my coworkers during my first few years of employment. It was easy and convenient, I had disposable income for the first time in my life, and it was fun. One problem though. How come I always had less than I expected when I checked my bank account balance? Sound familiar? Lunch was bankrupting me. Well, not me at that point exactly but me in thirty years. Here is how I found out. After I noticed the […] Read More

8 Essential Financial Lessons From J.P. Morgan (And How to Apply Them to Your Personal and Professional Life!)

  Your end goal might be to become a genuine modern-day fat cat, live ostentatiously rich, and dominate entire industries. Or maybe you just want to better your modest life and to improve your systems, or something in between. Whatever the case, it is always good to have models for you to look up to. Models teach us essential lessons that we can apply to our financial and professional lives. Today’s problem? In an ever-changing society, it can be hard to know who to look up to. Standards are evolving every single day, and our paparazzi-society constantly deflates figures who, […] Read More