Category Archives: Life

The Hidden Health Costs of the College Arms Race #1aDay

05/01/2014 Mark Jacobsen Leave a comment

Every time I hear stories like this it makes me worry for my kids. While I can be a competitive person there’s always been a release valve buried somewhere deep inside that has been able to say “the work will be there tomorrow” or (when I was in school) “Being first in class doesn’t matter. Just learn the material well enough. There’s always time to dig deeper.”

The question is, how to pass that on while still instilling the discipline and joy of hard work and sacrifice?

Read the full article here

Please remember to subscribe to the newsletter or feed to stay up to date!

Disclaimer: Thoughts and opinions are my own, and do not reflect the views of any employer, family member, friend, or anyone else. Some links may be affiliate links, but I don't link to anything I don't use myself.

Financial

If You’re Not Saving, You’re Losing Out #1aDay

04/30/2014 Mark Jacobsen Leave a comment

We’re supposedly in a new era of financial sobriety. Yet the evidence suggests otherwise.

Personally, I find this article very scary because at some point someone (unfortunately, it will probably be the responsible) will have to help save the irresponsible.

Need to save money? Here’s a few quick ways anyone can do so…

Get rid of your insanely expensive wireless plan and switch to something reasonable
Get rid of cable TV – there are way better things to do than watch the idiot box
Get rid of all the extra toys (kid and grown-up ones)
Get rid of the gas guzzler

Read the full article here

Parenting, Programming

The Male Dominated Field of Programming #1aDay

04/28/2014 Mark Jacobsen Leave a comment

Apparently only around 20% to 30% of currently working programmers are female, and in my experience it seems to be closer to 20% than 30%. Still, the post raises some important points especially about behavior.

I want my girls to be able to do anything they are capable of and interested in just like I wish the same for any boy.

Still, regarding the cartoon, I half wonder if the person has ever watched a girl play with a doll. There is more going on in a 5 minute session than I can keep track of when I watch my girls with their dolls… And yes, they also love the “ipad” (aka Kindle Fire).

Read the full article here

Financial

Why a Big Tax Refund Isn’t as Awesome as You Think #1aDay

04/21/2014 Mark Jacobsen Leave a comment

With tax season behind us, here’s a little PSA to remind you why a big refund isn’t actually all that great even if it may feel that way. I just need to remind myself of this every time I have to write checks to Uncle Sam 🙂

Read the full article here

Financial

Make Your Fridge Last (Almost) Forever With These 8 Tips #1aDay

04/18/2014 Mark Jacobsen Leave a comment

After the furnace, the most important appliance in your home is probably the refrigerator. It’s also one of the most expensive ones. When you spend $1,000 or more on an item, you want it to last for many years.

How many of these tips have you heard?

Read the full article here

Financial

Stop Fooling Yourself With These 7 Money Traps #1aDay

04/17/2014 Mark Jacobsen Leave a comment

What are the 7 traps?

Mental Accounting – Treating some money as more special than other money based on subjective criteria, such as how it will be spent or where it came from.
The “Anchoring” Effect – Estimating the value of something based on irrelevant information (e.g., the “anchor”), such as the price you paid for it, the cost of something else you own, or what someone told you it was worth.
Present Bias – Difficulty postponing immediate returns, or delaying gratification.
Status Quo Bias – Preferring things you know over the things you don’t know, even if other options are superior.
Restraint Bias – Overestimating our ability to resist temptation.
Ownership Effect – Placing a higher value on the things you own, because you own them.
Familiarity Bias – Gravitating toward products and investments that you know over unknown options, which may be better.

While some of them may be pretty similar I’m sure we all have a tendency to fall into one of the traps from time to time. For me, it’s probably “Restraint Bias” – especially once I’ve gotten an idea in my head that I want something. How about you? What’s your biggest trap?

Read the full post here

Financial

Five Reasons to Lower Your Thermostat

02/24/2014 Mark Jacobsen Leave a comment

Here are Five Reasons to Lower Your Thermostat. Who can argue with…

Losing weight
Extending the life of your fridge (have you seen the prices of fridges?)
Better sleep

Find out the details and the other reasons in the article.

Books, Life, Parenting

Clutterfree with Kids

01/27/2014 Mark Jacobsen 1 Comment

A few weeks ago I was honored to receive an advanced copy of “Clutterfree with Kids” by Joshua Becker for review. One of the things I appreciate most about Joshua’s writing and articles is that he’s what I consider a “normal” minimalist in that he owns a house, has kids, and has a job. In other words, he’s just like you and me – only he and his family have chosen to live a life of less so that they may appreciate it more. Even better, he rightfully acknowledges that everyone’s brand of minimalism is different.

Regarding the book, I’ll say that if you’ve read one book on minimalism you’ve read them all and this is not a huge exception to the rule, but if you have not this is a great place to start if you consider yourself to be a “normal” person and are interested in how living a life of less can give you more.

I think the key if you’re married is that you have to get your spouse on-board. Otherwise, don’t expect to have a truly “clutterfree” life (not that it’s really even possible with kids). I think the most you can really hope for is a more organized chaos. Making intentional choices like limiting TV or Internet time. Choosing to eat together as a family. Choosing your activities more deliberately. Choosing to travel with less so that you experience more.

To hit on some of the high points, these were a few of my main take-aways…

Minimalism is the intentional promotion of the things we most value and the removal of everything that distracts us from it <- Read that again
Start with small victories. Don’t tackle the hard things first.
Owning less allows us to own higher quality items.
Consider the true cost of your purchases – time, maintenance, cleaning
Less is different than none.
There is more joy to be found in owning less then can ever be found in organizing more.
Organizing more never addresses the underlying problem.
It is far better to de-own than to declutter.
Intentionally or unintentionally we are all minimizing something.
Gift giving: take time to let the fads show themselves then purge without concern. Conversely don’t force your ideas on others.
Compare downward – many people with less “stuff” are actually happier.

Bottom line, for a couple bucks and a few hours of your time, there are much worse things you could be doing, and on the bright side, it just may change your life. Can’t go wrong with that.

Get the book today

What do you think?

PS: Thanks again Joshua for allowing me to preview the book. I read every word, and it was a good refresher.

Financial

Saving $1000 on Auto Insurance

01/04/2014 Mark Jacobsen Leave a comment

We recently received our auto insurance bill in the mail, and for once I decided to “just see” how much of a difference it could make going with a different company. At over $2k for the year (keep in mind MI is a no-fault state) I was hoping to knock a couple hundred bucks off. I started off as I would imagine anyone would do these days and took right to the internet. First stop… State Farm. After entering the data they wanted I waited eagerly and… more expensive. I almost stopped figuring “everyone is going to be the same”.

Still something pushed me onward even with children who needed things wining in the background. Next up I hit Progressive. This time I got a little encouragement with a quote around $700 every six months. I played around with the numbers and got it down to around $550 every six. We were talking some serious cash now. How could roughly the same benefit cost nearly 1/2 what I was paying??

Figuring it didn’t hurt to keep looking I decided to also give Geico a try. This time I was shocked to get a quote even lower! After looking over the numbers I chose to actually increase some of the limits and still kept it around $550 every 6 months.

In the end I chose Geico because for the same rate as Progressive I got more coverage, and still wound up paying nearly 1/2 what I was with AAA. When calling in to setup the coverage I was told that the primary discount was for an excellent credit rating, so for anyone reading this, make sure you’re paying your bills on time, in-full every month.

For those who want a breakdown of the actual coverage numbers, here they are…

Coverage	AAA	Progressive	Geico
BI Liability	$100k/$300k	$100k/$300k	$300k/$500k
Property Damage Liability (PD)	$50k	$100k	$100k
Limited property Damage Liability	“Included”	$1k	$1k
Property Protection (PP)	“Included”	$1M	$1M
Uninsured Motorist BI	$20k/$40k	$100k/$300k	$300k/$500k
Deductible/car	$550 basic	$500 comp/$1k collission broad form	$500 broad form

The moral of the story? Go check your auto insurance coverage and rates then go comparison shopping. No guarantees you’ll see the savings I did, but it just may save you hundreds if not thousands of dollars a year.

Life, Parenting, Productivity

Principles, Priorities, and Values – oh my!

03/08/2013 Mark Jacobsen 1 Comment

Lately I’ve been thinking about the important things to me. What my “principles”, “priorities”, or “values” are. I’m sure I could spout off a number of things, but here are the big ideas that come to mind.

Family
My family is the most important thing in the world to me. I will do anything within my power for my wife and kids. What is the purpose of life without someone or a cause to love?

Goals
Goals keep us moving forward. They give us something to strive for. But don’t confuse a want with a goal. Remember, goals are SMART: Specific, Measurable, Attainable, Relevant, and Time-bound.

Planning
A dream without a plan is only a wish upon a star, but beware analysis paralysis. Use planning to achieve your goals. And remember, plans change. Change with them.

Disciplined Action
This is where you walk the walk. Achieving any goal or carrying out any plan is primarily a matter of disciplined action. It’s making the hard choices. Doing things you don’t want to do. Doing as you say. Being a role-model.

Routine
The easiest way to maintain disciplined action is through routine. Routine isn’t a dirty word or meant in a negative way. Some might call it a ritual.

Spontaneity (White Space)
Of course once you have planned your disciplined actions and made them a routine it’s amazing how much time you can find for other things. Once you know where the unmovable objects are it’s easy to find the space between. Remember to keep white space in your schedule. You can’t plan everything and if you try to you will drive yourself and those around you crazy. Schedule your priorities. Don’t schedule your life.