The North Star Sunday Best (4/23/2017)

the sunday best
The Sunday Best is a collection of articles I’ve curated for your reading pleasure.

Expect most of the writing to be from recent weeks and consistent with the themes presented on this website: investing & taxes, financial independence, early retirement, and physician issues.

Next weekend, I’ll be meeting up with some of the upper Midwest’s finest personal finance bloggers for barbecue, beers, and bocce ball. We actually call it “grilling out” rather than barbecue, but I liked the alliteration.

I hope you’ll enjoy a sample of some of their latest and greatest posts in this week’s special, limited, spectacular edition of The Sunday Best.

Presenting, the North Star Sunday Best:

 

He’s a lawyer / dog sitter / bicycle courier / upcycler / Airbnb host. The Financial Panther tells us why in How I Made $14k in One Year With the Sharing Economy.


I like my tenderloin medium rare, but my Wealth Well Done. Bill from the blog of that same name shares 7 Wealth Creation Tips that I Learned in a Break Dancing Crew.

 

Apathy Ends reminds us of life’s ephemeral nature and the importance of liquid luxuries in Life is Too Short for Crappy Beer. I couldn’t agree more.

 

I do save some money by brewing good beer at home and buying fewer beers at retail or brewery prices. Amanda @ Centsibly Rich finds all kinds of ways to save money. 38 Things I Never Spend Money On.

 

Saving money creates wealth. So does earning money. Peter @ Bible Money Matters shares 50 Ways To Make Money: Maximizing, Creating And Increasing Your Income.

 

This millennial is on fire! Gwen from Fiery Millennials started her eventual real estate empire with this triplex purchase. Rental Property #1.

I’m a fan of DIY investing and passive index funds, but many people are not. The Grounded Engineer has noticed this, too, asking Why Do So Many People Fall Victim to Active Fund Managers?

 

Anthony is a mindful minimalist. I’m neither of those things, although I’d like to be more of both. Seeking inspiration from Break the Twitch, I Came across Anthony’s Ideas to Keep You Inspired While Decluttering.

 

I’ve been following Mr. Firestation since his working days, and he’s now been retired for over a year. He’s acquired plenty of insight during that time, and luck for us, shared them in an insightful series of posts:

I Probably Shouldn’t, But I Have to Tell Someone!

 

I tried to play it cool like it was no big deal. A little liquid courage from a seasonal flight at Left Hand Brewing helped a bit. Internally, I was giddy as a schoolboy, but externally, I tried to be Mr. Casual when I met Mr. Money Mustache.

MMM studio

outside the MMM studio

A couple years ago, when I dreamed up an idea to start this blog, my primary influence was MMM, with The White Coat Investor a close second.

MMM introduced me to the concept and many benefits of financial independence, and WCI was great at teaching physicians how to manage their money. As I brainstormed what I envisioned for this site, I literally wrote down “MMM meets WCI.”

That was about a year and a half ago. If you would have told me that I’d soon be visiting both of these massively influential bloggers, on back-to-back days no less, I might have punched you in the face, or at least the shoulder. But that’s exactly what happened on Thursday and Friday this last week.

On Thursday, I visited the overly generous and cool 1500s in Longmont, Colorado. They introduced me not only to Pete and his lovely wife, but also to a bunch of other cool people who are on board the FI train, including a gal with an Airbnb empire, a Southern Mustachian, a talented young author whose new book hits the shelves today (Thank you for the advanced copy, Scott!), a retired forensic IRS agent, and a guy who helps people rock climb in big cities. Most of us gathered around the kitchen for this fun group photo.

 

 

Pete was super cool, by the way (as was everyone I met), and he didn’t so much as clench a fist when some of my less Mustachian tendencies came up, including my annual spending, which is double to triple his. I admit to practicing a very light or à la carte version of Mustachianism, but I’m trying to spread his message to high income professionals who might not otherwise consider it, which counts for something.

The following day, I went back to SLC for a quick meetup with another financial mentor and hero of mine, Jim Dahle, MD of the White Coat Investor. We talked shop, enjoyed a delicious meal with a tasty beverage (a Proper pale ale for me, lemonade for the good doctor), and marveled at the 100-mile view from his perch overlooking the city.

 

 

I know it’s not cool to name drop, but when you meet the people who have had such a profound effect on your life, it’s hard to keep it to yourself. This site would not exist if it weren’t for these awesome people. My life plans would be more ordinary, and now these extraordinary people are a part of my life. To ignore the fact that I had an incredible weekend would be a disservice to the impact these fine men and women have had on me.

I love the personal finance community, and for me, it’s becoming more than just an online community. I feel plugged in and can’t wait to meet most of the authors of today’s featured posts next weekend!

 

Have a great week!

-Physician on FIRE

 


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