• Is Your Company’s 401(k) Match Unfair? - WSJ

    Nearly half of the $200 billion companies contribute to workers’ 401(k)s goes to the top 20% of earners, research by Vanguard Group found. The lowest-earning workers get 6% of the money.

    Interesting concept of fairness. A group of adults are given an opportunity, a subset take it and others, for their own reasons, choose not to. And somehow that’s unfair?

    May 26,2024
  • Reading

    Book Review: Artemis Fowl 📚

    Artemis Fowl is a book series that Alison read as a child, although I never did. Benedict got the first one for his birthday and has devoured them all. He begged me to read them, too, and many of his references come from the book.

    I finally made it through the first book in the series. It was a quick read, and I instantly saw why he so enjoys the series. A genius 12-year old boy uses his wit and technology to outsmart mythical creatures.

    As a grown man, it wasn’t for me, but I’m glad that I now have a new basis for communicating with him, and context for many of his comments.

    ISBN: 978-1368036986

    May 26,2024
  • Philosopher 2, attorney 0.

    May 23,2024
  • FDIC Chairman Martin Gruenberg to Resign Following Report Detailing Sexual Harassment at Agency - WSJ

    Gruenberg plans to stay until successor is confirmed, avoiding scenario that would leave a Republican as acting chairman

    Accountability* (but only when politically convenient)

    May 20,2024
  • Catholic Husband

    Breathing Room - Catholic Husband

    While true that impulse shopping feels good, so does a lack of chaos. I aspire to a boring, predictable financial life where the system mostly runs on autopilot. I want a financial life that allows me breathing room to make decisions, where I can add in new priorities without wrecking the essentials. I want to make decisions about what I’m going to impulse on at the beginning of the month, and then be ready to make that leap.

    May 20,2024
  • Monday morning, when I eat breakfast: ☀️

    Monday morning, when I open my email: 🌪️

    May 13,2024
  • Suddenly There Aren’t Enough Babies. The Whole World Is Alarmed. - WSJ

    Erica Pittman, a 45-year-old business banker in Raleigh, N.C., said she and her husband opted to have only one child because of demands on their time, including caring for her mother, who died last year after a long battle with multiple sclerosis. Their 8-year-old son is able to participate in theater workshops, soccer and summer camps because the couple, with a combined income of about $225,000 a year, has more time and money.

    “I feel like a better mom,” Pittman said. “I feel like I can go to work—because I have a fairly demanding job—but I can also make time to volunteer at his school, be the chaperone for the field trip and do those kinds of things, because I only have one to coordinate with my schedule.”

    What’s a word stronger than “pathetic?”

    May 13,2024
  • Catholic Husband

    IOUs - Catholic Husband

    We are not robots and none of us are on a perfect hockey stick growth trajectory. Long-term goals require long-term commitment, but missing a month or two or six on saving towards a 30-year goal is not going to make you miss the goal. It’s a small time window on a large horizon.

    May 13,2024
  • Reading

    Finished reading: Going Infinite: The Rise and Fall of a New Tycoon by Michael Lewis 📚

    May 12,2024
  • Clean house, still raining outside, and curled up on the couch in my office with a book. Good Sunday. 📖

    May 12,2024