Max Out of Pocket

Max Out of Pocket – May

Compared to April, May was a pretty low-key month for the Max Out of Pocket crew. We’ve had a hard time getting away from old man winter here in the Northeast, but things are getting greener every day. We spent most of the month local but did manage to get one trip to upstate New York. The Max Out of Pocket website was under construction for part of the month and we have a new...

Under Construction

It has been pretty noisy here at Max Out of Pocket. After all the hammering, sawing, and painting I think the new look is just about finalized.   So as we tell our patients when installing a new multi-million dollar electronic medical record systems that turns clinical operations completely upside down, please excuse our digital dust. I sometimes wonder how much the corporate marketing director that originally came up with that one gets paid per...

Healthcare REIT Experiment – How Does DOC Make Me Money?

One thing Max OOP has picked up over the years is that buying stocks based on sex appeal usually isn’t a good idea. If you are investing your hard-earned dollars into a company, it is a really good idea to go on a date or two to get an understanding of how that company uses your dollars to put even more dollars back in your pocket. Take the building above; it’s nice to look at,...

My $39/Month Gym Is Closing

Back in 2013 when Max OOP stumbled across a few personal finance blogs talking about financial independence and retiring early (FIRE), it struck a chord. I finally found my people. It took turning to the internet to find others out there actually interested in this stuff. I was already well on the path of spending less, saving more, and investing the difference. But now I knew others were doing it too.   That’s not to...

GIMME SHELTER: Sheltering Medical Premiums From FICA Payroll Taxes With Cafeteria Plans

We have learned a lot these last few months here at Max Out of Pocket. Since Max OOP is just an average Joe Max, we prefer to keep things in nice, bite-sized chunks where we can. Hopefully that works out for everyone as we take a trip through the cafeteria today and pick up some medical insurance. The Rundown With an initial focus on FICA payroll taxes, we learned that most Max Out of Pocket...