Diversify your Portfolio (Financial Pillar #9)

How to Diversify Your Portfolio #saving #investing

Check out the complete list of Financial Pillars Here   During the market crash in 2008, I kinda-sorta misplaced $20,000 worth of mutual funds. This represented 66% of my total funds invested in the market at that time.   That was a gut-punch.   Do you know what was worse?   When I lost 66% of my invested money, I also lost 66% of my net worth.   That was a kick in the groin… Followed by a gut-punch and a smack in the face. Then The Rock came by to give me the People’s Elbow… And when I got back up, Chuck Norris stopped by to roundhouse kick me in the face.     Yeah… It was like that…   After dusting myself off and eventually standing back up, I vowed to never let one attack take me down again.   I vowed to diversify my portfolio   Let’s […]

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2018 Life, Business, and Blog Goals Mid-Year Recap – How Have We Done!?!?

2018 Goals Recap

Way back in January (2018) I wrote this to open my annual Goals Post:   2018 Objective: To actually write down tangible and somewhat attainable goals for the most important aspects of my life. Nothing is off limits… And with the article below, I’ve achieved my first goal of 2018 (actually writing them down).   You know what? This writing goals down business actually does have an impact. I’m going to go through my original goals post, category-by-category below and let you know how I’m (we’re) doing. Intrigued…? Me too! Oh, and heads up for the subtle announcements that may or may not be scattered about the post.   I also wrote in the original post’s introduction a plea to you, the reader:   2) Indirectly hold me accountable. Read/share this article and drop me a line throughout the year to the tune of, “Hey, man. How’s the debt payoff coming???” Thanks in advance, […]

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Purchase. Relocate. Open. The EPIC 467-day battle for entrepreneurship

Our epic battle for entrepreneurship

The battle for entrepreneurship starts well before owning a business…   467 Days – Full of long nights, early mornings, missed dinners, ridiculous stress, and moments stolen from family and friends. There were unnecessary arguments, distracted conversations, and more apologies than I can count (or am willing to share)…   But, on the flip side.    There were learned skills of negotiation, risk management, decision making, business forecasting, marketing, web development, cash flow analysis, and professional relationship management – to pick a small few…   (Photo courtesy of MKulp Photography)   467 Days ago Monica and I decided that we would actively pursue the purchase of a dental practice.    Not just any dental practice. The same practice that she had been working at for 2 years and had previously declined an offer to buy. Quickly.   We had looked at other practices, sure… But this one needed more TLC than we […]

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Shout-out: How should I negotiate my next raise? (Laurie)

 Hello all! Our Saturday morning shout-outs highlight a post/article/book/other that I’ve come across lately that deserves exactly that: a ‘shout-out.’ The goal here is to hopefully introduce my readers to other authors or bloggers that have had an impact on me, my writing, and my life.   This week’s shout-out is:   How should I negotiate my next raise? by Laurie via womenwhomoney.com   You may or may not have heard about how women are paid less on average, as compared with their male counterparts when it comes to many job types. Rather than focus on negativity, the women behind Women Who Money are helping to arm all of us (yes guys, us too) with the skills necessary to better perform and get compensated in the workplace.   This post is packed with tons of actionable content, advice, and links to other sources, and they’re all aimed to arm us at […]

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I was interviewed – extensively – by Scott at Making Momentum; check it out!

Hi, Team! Today I’m sharing a snippet from one of my guest posts on another blog (Making Momentum). Scott, who runs the site, reached out with an opportunity for me to be interviewed and to share my story with his readers. And I’ll just say that going through this process was a blast! Scott didn’t pull any punches with his questions and I made every effort to answer fully and to the best of my ability. Much of these topics haven’t been covered on my site… Yet. But I am taking the inspiration and some of the content to rework my “About Mike” page. So, needless to say, Scott’s interview made a significant impression on me. Below is a short snippet, but if you want the full 4,000+ word experience, please click over to Scott’s site. I’ll be monitoring the comments on the Making Momentum interview and on this post, so […]

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Our unorthodox path to $X00,000 of debt – and what we’re doing about it


Yes – I call myself a personal finance blogger. AND… Yes – that mysterious crooked number with five zeros after it does represent a relatively recent picture of the debt we have amassed as a family.   (Photo by MKulp Photography)   This story is a bit different from the other personal finance bloggers you’ll read about. There’s no tale of a mansion we couldn’t afford that went under. Over-priced cars that cost us thousands. Lavish vacations paid for with tomorrow’s money (credit cards)… I guess I did lose about $15,000 during the market crash, but that doesn’t equate to nearly a million dollars in debt, right?? Correct. In fact, we’ve lived a relatively frugal lifestyle and we understand the process of coming up with new excuses every weekend as to why dinner out with friends wouldn’t be an option. We’ve argued with utility companies, shopped for the best rewards […]

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Shout-out: Identity Theft (Fired and Free)

Hello all! Our Saturday morning shout-outs highlight a post/article/book/other that I’ve come across lately that deserves exactly that: a ‘shout-out.’ The goal here is to hopefully introduce my readers to other authors or bloggers that have had an impact on me, my writing, and my life. This week’s shout-out is: Identity Theft from Dan over at Fired and Free. Imagine you grow a business from an idea in your mind 10 years ago. You nurture that idea, turn it into a profitable business, hire a bunch of employees, and drive the ship toward success. After 10 years, you are CEO of a multi-million dollar business. Then, one day after a board meeting you’re fired – and everything you thought you knew about your life isn’t as it had appeared. How would you handle that situation?   Well here’s how Dan handled it and this one is as honest and raw […]

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Shout-out: 1,000 True Fans (Kevin Kelly)

Hello all! Our Saturday morning shout-outs highlight a post/article/book/other that I’ve come across lately that deserves exactly that: a ‘shout-out.’ The goal here is to hopefully introduce my readers to other authors or bloggers that have had an impact on me, my writing, and my life. This week’s shout-out is: 1,000 True Fans by Kevin Kelly. Kevin Kelly has many noted accolades in his bio that a simple Google search will surely reveal to you, but for our purposes, I’ll just say that he’s the founding editor of Wired magazine and that Tim Ferriss has referred to him as possibly the most interesting man in the world. And when I first heard of all his accomplishments and praise in combination with a discussion of this article (1,000 True Fans), I did the search and expected to find a multi-page, novel-like dictation of his thesis. I mean, everyone and their brother has […]

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The good, the bad, and the perplexing – business relationships over the past year

The amount of information I’ve learned throughout the process of buying and running a business is laughable. For many reasons.   1) We thought we knew what we were doing before we got started – ha. 2) Who knew that a dental practice manager needs to know how many Cubic Feet per Minute (CFM) an HVAC unit needs to output per square foot of office space? – I didn’t 3) Some people are truly kind, good-hearted, and want to see you succeed. Other’s could care less once you no longer matter to their bottom line. …   – And the most important thing I’ve learned – …   9672) Relationships are the most important key to long-term success (caveats: we’ve been in business for just over 4 months now and this is an assumption, but I don’t foresee a scenario where this isn’t true).   Customers, business partners, employees, your […]

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Beyond the burnout and why I haven’t posted in 3 months

Man, we had a good thing going back there. There were the 5-am workouts, the 9-5, the family, our new business, and over 100 posts without a serious break. For about 9 months I had this thing rocking on all cylinders, was saying things like “Sleep is for the weak,” getting a ton of things done, and actually being a good husband/dad (unconfirmed reports). I bet you can guess what happened in October, though???   And although it pains me to admit this weakness, a weakness it was: I. Burnt. Out.    For me, burnout looked like sleeping in until 6, the regular 9-5, all family time after work, and 15-30 minutes on the business in the evenings. For workouts, I would squeeze 12 minutes of running into my day either picking up Clara from school or literally running to the drugstore. I did 100 burpees for time. I repped […]

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