Work What is an ESOP (Employee Stock Ownership Plan)? ESOPs provide ownership and an incentive for employees to increase profits and share price: the benefits flow right back to them when they cash out. 12 days ago • 5 min read
Basics Why I Track Cashflow and Balances Separately Double-entry accounting systems are powerful tools for finances, but it's a bit overkill for personal finances and leads to more friction to inputting data. 18 days ago • 4 min read
Work What Is Variable Compensation aka Variable Pay? One form of variable pay, known as a performance bonus, is a tool employers use as an incentive for great performance at work. 24 days ago • 3 min read
Basics Worker Cooperatives, Consumer Co-ops, and Corporations Each of this trio of structures pursue three different agendas for the benefit of three classes of people: shareholders, workers, and consumers. 2 months ago • 4 min read
Basics Is a Credit Union Better Than a Bank? In the saga of avoiding patronage of for-profit companies, I started out with a local credit union. Their advantages over banks suit my lifestyle well. 3 months ago • 3 min read
Basics 8 Tips for Financial Self Discipline as a Kinkster On the opposite end of financial independence lies the debt trap, impulsive spending, and poor financial discipline. How do kinksters avoid this fate? 3 months ago • 6 min read
Basics What are T-Notes and the Bond Market? Stocks, bonds, and notes are three staple assets for investors seeking growth or stability. Bonds and notes are the more stable assets. But what is a bond? 4 months ago • 2 min read
Finance Using Balance Sheets to Track Finances Take a moment in time and freeze it. Tally up all your assets and liabilities, and that snapshot is your balance sheet. So what is a balance sheet good for? 5 months ago • 4 min read
Life Community College Was My Best Investment Saving for a college fund is a staple of retirement planning for parents. Tuition is a crushing burden, but community colleges are cheaper! 5 months ago • 6 min read
Basics Multiple Income, No Kids Lifestyle Double income no kids (DINK) couples have an advantage when it comes to financial independence/early retirement. This "easy" path still deserves exploration. 5 months ago • 4 min read
