The Sunday Best is a collection of articles I’ve curated from the furthest reaches of the internet for your reading pleasure.
Every week, I scan hundreds of headlines, read dozens of posts, and bring you the best of the best to save you time and mental energy.
Financial Independence (FI) is a primary focus, but it’s an awfully broad topic. I tend to approach FI and early retirement from a fatFIRE perspective and through the lens of a physician, so expect to see those biases in the selected articles.
For more great articles, take a peek at The Sunday Best Archives. Now let’s get to the best… The Sunday Best!
The Sunday Best
If there’s one thing the FIRE Movement does well, it’s thinking outside the box. Ken Okoroafor of The Humble Penny shows us 5 Unusual Ways To Accelerate Your Financial Independence.
The FIRE movement is more than an idea; it’s a large group of people from many different walks of life, and yes, different colors. The Reluctant Frugalist features a collection of podcasters, Youtubers, and bloggers that look more like her in this three-part series:
- Black FIRE Series (Part 1) — Are There Black People in the FIRE Movement?
- Black FIRE Series (Part 2) — Choosing to Save When You Just Got That Shmoney
- Black FIRE Series (Part 3) — People of Color and FIRE
This same community was featured by Doc Green back when the Earn & Invest podcast was known as What’s Up Next. Episode 24: The Black Financial Independence Community with Rich & Regular, Popcorn Finance, and Ericka Young.
If your livelihood has been hit, as it has for so many in recent months, your only money goal may be getting the bills paid. Acquania Escarne of Wealth Noir has your back. Staying Afloat During a Financial Crisis.
If you have a dual-income household and a one-income spend, you’ll do more than stay afloat. How did Talaat & Tai McNeely of His & Her Money pull it off? How We Went from Living Off Two Incomes Down to One.
- Bonus: From her podcast, A Candid Conversation About Race in America
The simplest formula for FI is to earn a lot and save as much as you can. Jamila Souffrant of Journey to Launch has it down pat. How We Saved $169,000 in 2 Years With the Help of This Budgeting System.
Psychology plays a huge role in our relationship with money, and Jason Butler of My Money Chronicles understands this well. 18 Awesome Ways to Trick Yourself Into Saving Money.
If you’re a millennial, tricks may be required to get yourself in decent financial shape. This generation has had it rough, according to The Millennials Next Door. 15 Surprising Facts About Millennials and Their Money.
Everything’s Gonna Be Alright?
When I was self-isolating back in March and Tom Hanks’ wife Rita Wilson was making headlines rapping “Hip Hop Hooray,” I contemplated which Naughty by Nature song I might try to rap if given the opportunity. Really, I did. Two weeks is a long time to be alone with your thoughts.
I settled on “Everything’s Gonna Be Alright.” The chorus, borrowed from Bob Marley, sent a message that I really wanted to believe as the pandemic was taking hold. I’m also partial to songs that tell a story.
In this one, Treach spins a heavy autobiographic tale of being tossed aside, contemplating suicide, and turning to drugs, guns, and crime to get by.
“How will I do it? How will I make it? I won’t. That’s how.”
It’s real and it’s raw, and it couldn’t be any more different than my own story.
Of course, I didn’t even take a stab at recording it. I’m no Rita Hanks on the microphone, and the song’s got a number of words that should never cross my lips, let alone be recorded as such.
Last weekend, as I put together The Sunday Best, I began writing about the murder of George Floyd and the aftermath that was erupting. I had a few short paragraphs down when the fear set in.
Will this be perceived the way I intended? What if I don’t say enough? Maybe I’m saying too much?
Is it my place — as a small-town white guy — to address this situation when I could hardly be further removed from it?
Those lyrics from two months prior started coursing through my head again.
“So don’t say jack. And please don’t say you understand. All that man to man talk can walk, damn.”
He’s right, you know. I can’t say I understand how it is to be Black in America right now. I haven’t experienced discrimination that so many deal with on a daily basis. My life has been easy, and I wasn’t quite sure what to say just then.
So I didn’t say jack.
Not publicly, at least. I deleted every word I had written.
It’s not quite true that I said nothing. I had spoken with my children about what was done to Mr. Floyd and some of the reasons for the reactions in the city streets. At home, we talk about judging people by their character and not the color of their skin.
We travel far and wide to give our boys a worldly perspective and exposure to different cultures, languages, and people. My kids are only two people, but I think raising them to believe in racial equality is more important than anything I might say or do with my brand on social media.
On the social media front, I did share my feelings in 280 characters on Twitter and participated in #BlackoutTuesday on Instagram and Facebook. Those were small, simple efforts that don’t really say all that much.
What I have done, rather than say a lot, is to listen. With an open mind and empathetic ear, I’m hearing what others have to say and how they feel — people who have had more difficult lives than me as people of color.
Just the other day, I got together virtually with a diverse group of content creators, two of whom are featured above, and we had a candid and cathartic discussion about race and the impact it’s had on life in both the recent and distant past. It was enlightening, and I’m fortunate to be a part of this supportive group that I’ve gotten to meet with every other week for several years now.
Minneapolis was my home for eight years. I went to school just a couple of miles from where George Floyd was killed. That was horrible to see. His life mattered. Black lives matter.
As long as racist attitudes and actions persist, I can’t say that everything’s gonna be alright. I do believe that things can be better, though, and I would like to see society make strides in the direction of racial equality.
For me, that starts at home, educating the next generation, and by continuing to have constructive conversations with you, my peers.
I’m here, and I’m listening.
Final Days to Save $300 on WCICON22 Registration
The White Coat Investor Physician Wellness and Financial Literacy Conference, at which I'll be speaking about retirement withdrawal strategies along with several dozen outstanding orators, is taking place in sunny Phoenix, AZ from February 9th to 12th, 2022. Earn up to 17 CME / Dental CE. All in-person attendees must be fully vaccinated against COVID, and there is a comprehensive virtual / online option, as well. Hope to see you at the talks, happy hours, or online at WCICON22!
You won't see this price again after Tuesday, 10/19, so now's the time to utilize that CME fund if you've got one.Click here for all the details.
Have an meaningful week.
-Physician on FIRE