The highlight of our week was the big game between our university’s men’s basketball team and our rival. We had a bunch of our friends over to our place to watch it. It was a nail-biter and had the most unlikely last minute (2.5, really) I’ve seen. I love watching basketball with other fans (in fact, we made it a rule). Our living room was absolutely exploding in the last minute. We also attended a home basketball game on Saturday, but since we arrived late we didn’t have much of a view of the court.
This week was also recruiting week for Kyle’s program so he did a lot of social and work-related activities related to that, and I joined him at a party for the student and “recruits” on Saturday night, which was a lot of fun. I am giving lab meeting on Monday so I’ve spent the weekend preparing for that!
I decided to join the Yakezie Challenge this week! I have been thinking about joining for a while and I just had no reason to delay further. As of this writing my Alexa ranking is 2,891,707 and I’m looking forward to seeing it drop with your help!
Posts I Liked
Well Heeled Blog listed what she sees as the pros and cons of the “no-spend challenges” that bloggers occasionally undertake. She concluded that it might be worth a try, but most of the commenters came down on the opposite side.
Suba at Wealth Informatics calculated what you’ll be able to withdraw in retirement if you invest with a Roth account vs. a traditional account at various marginal tax rates. Surprisingly, the numbers didn’t work out in favor of the Roth in any of the scenarios she published on, but she explained why Roth accounts are still part of her retirement mix. She made her calculations available so I was able to plug in our tax rate (15%) and found that Roths had a slight edge. Very informative post!
Corey from 20′s Finances wrote a guest post on Budgets Are Sexy explaining why he prefers cash flow through retirement to a bucket of $1,000,000. He makes a very convincing argument! Of course, accumulating $1,000,000 and creating cash flow from passive income are not mutually exclusive and one goal or the other may be more motivating depending on your personality.
The Happy Homeowner shared her strategies for paying for a private graduate school education without going into debt – an amazing and rare accomplishment!
The best comment I received this week was from Renee, who in response to Hobbies vs. Values in Targeted Savings wrote “[ Should birth control be considered "household", "medical", or "hobby"? ] ”
Top Referring Sites
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