Max Out of Pocket

Max’s Back Pocket Volume VIII

I’m new to Twitter. I am still trying to figure out if it is worth my time or not. I’m having some fun with it, though. Last week, I ran my first ‘Twitter poll’ to figure out if these weeks are going by fast or slow. I really can’t tell. In some respect, they are flying by. By other measures, they are going at a snail pace. The majority of my massive Twitter following seems...

Max Out of Pocket’s Q1 2020 Spending

What can I say? I guess the quarantine got me curious. The current state of the markets and ongoing pandemic motivated me to check in on our spending patterns for the first three months of 2020. In finance, we call this ‘quarter one’ (Q1 2020). I was thinking this would be more of a ‘yearly’ update on the blog. I suppose it doesn’t hurt to check in more often if I feel like it. To...

How Much Cash Should I Keep In My Pocket?

Cash. When things get tough, cash is king. If the total stock market falls 30%, cash holds its value. When bonds fall 10%, cash holds its value. Call it a security blanket. But it can be an expensive blanket. The expense comes in the form of inflation. The problem is, as the cost of goods and services rise, cash stays flat. It loses its purchasing power over time. A $10,000 “stack of high society” tucked...

Max’s Back Pocket Vol. VII

Another Saturday is here and is see flurries coming down again. Aside from the cold weather, I have to say this has been my best week yet coping with our new normal. I am not exactly sure what clicked, but my overall stress level has normalized and my mood has generally been positive about everything. It is pretty amazing how adaptable humans are. I already enjoy the simple things life has to offer, but that...

How to Pandemic-Proof Your Finances

Max has been doing some light networking with a few other writers and bloggers out there who actually know what they are doing. One of those writers is Kim from The Frugal Engineers. Kim is a Stanford graduate and licensed professional engineer. She started her blog right around the same time I launched Max Out of Pocket and has been able to move it along at a much quicker pace. As I like to say,...