Meet Money Engineering
To all you Money Geeks I am grateful and happy to be here! My name is Sam and I am an electrical engineer in my early 30s. Since my youth, I had always lived within my means. What struck me one day was that I did not have a particular reason for why I lived like that. Once I started working, I wanted to find my “why”. Searching for that reason led me to real estate as an investment vehicle but upon further digging, I found out about the FIRE (financial independence, retire early) community. From that point on, I made real estate my vehicle to achieve FIRE.
As a way to keep track of my progress and to share my tips and tricks, I started a blog over at Money Engineering. It covers personal finance topics sprinkled with factoids from my life and also from everything I learn. Ever since I started, the constant reading and writing to keep it going have kept my financial goals in the forefront of my mind. I want to spread that knowledge, so here are three recent, enjoyable articles that might also help you!
A Purple Life’s blog posts are a favorite read of mine because of her candor. What feels like a part blog, part diary, she gives her readers a window into her life and journey towards FIRE. She does not hold back on details and numbers, which is ideal for people who are looking for inspiration on their road to become financially independent. It is also great for people like me who simply want to check in on who I feel is a peer, as we are trying to achieve the same thing.
This post details how she is able to keep her food expenses low while eating like a queen. She lists every single grocery purchase of the month! Not only that, she gives great pointers as well as examples of what meals she makes.
FIRECracker’s blog is famous for many reasons. She is frank, sassy, and informative. She also covers so much in each of her posts that you wouldn’t know what to expect sometimes. Having already achieved FIRE, she stands as a prime example of what you can achieve with the right mindset and tools.
The post she writes on Estonia has historic factoids (origin of Skype!) and a food diary. The best part? It provides expenditures on her trip, and it is quite amazing how far they can push their money.
The Stealthy Rich are two guys building a real estate empire, one house at a time. Straight to the point with no nonsense, this blog is absolutely chock full of lessons learned. These guys have met the benchmark for FIRE in my opinion, but are going for much more, and I am simply there to see how far they can go.
This post of theirs goes through the systems they follow to build their empire. It is one of many. Beware: reading this blog might give you the equivalent of a real estate Ph.D.
Must-Read From Money Engineering
One of my responsibilities at my company is to vet potential engineers who might come on board. It pains me to see how terrible some of their resumes are, even though they turn out to be excellent candidates once we get a chance to meet face-to-face. Making an outstanding resume is the best thing you can do for yourself if you are looking to get a better job. Also, increasing your income is the very best thing to do if you want to jump start your journey to FIRE!
I have listed every tool you’ll need to get yourself that new job by revamping your resume. This article is THE solution to your less-than-ideal resume. Do yourself a favor and check it out!
I gained my analytical chops through video games and Magic: The Gathering.
What is the best build for a DPS Rogue in World of Warcraft? I pondered that question for weeks and went through every strategy guide and blog about Rogues before I settled my build. Magic taught me to learn all the rules and stretch them as far as the game permits to my advantage. Those two paired together gave me a solid foundation heading into engineering school. Nerdy? Probably. Do I regret it? Not one bit.
Once I reach FIRE, I’ll probably be back in WoW forever.