So, I know what you all are thinking. Why would someone assign a name to a site that is composed of 4 words, 3 spaces, and 24 letters?
Without giving away the answer quite yet, I will simply say that I am very grateful for and do not hesitate to apply liberal use of the “copy-paste” feature on computers! But, I am getting ahead of myself. It’s not time for self-directed insults to begin flying just yet.
My name is Jacob (guy in the picture to the right), creator and author of My Personal Finance Journey. I am 25 years old, and just started a Chemical Engineering PhD program this fall after working for a publicly traded pharmaceutical company for 2 years.
I was born and raised in Arkansas (but don’t have the accent!), and graduated from the University of Arkansas in 2008 with degrees in Finance, Biomedical Engineering, and Spanish.
How It Began
Looking back on it all, I think it is safe to say that I was unknowingly destined to start my own personal finance blog at some point in my life.
From the age of 18, I have always been fascinated with the idea of starting and growing new businesses. Through my undergraduate college days, I started and successfully operated 1) an eBay selling business and 2) a pet waste removal service. I also attempted several network marketing gigs, but failed miserably. Most likely won’t be trying those again any time soon!
At the same time that I was starting these different ventures, I also began reading any personal finance book that I could get my hands on. Several of the books that inspired me in my early days to learn more were David Bach’s “Automatic Millionaire” and Jeremy Siegel’s “Stocks for the Long Run.” I used the knowledge I gained from these books to begin investing my own money that I received from internships throughout college. By the time I finished school, I had been fully funding my Roth IRA for 3 years.
On a cold January day earlier this year, I was reading a book about different businesses that could be started with little or no capital investment. Among the listing of businesses was the idea of starting your own blog. I knew the second that I read this page that writing a personal finance blog would be a perfect fit for me . Not only could I tie together two of my passions in life (personal finance and starting businesses), but it would also be contained in an omnipresent, searchable internet location that could make the information accessible to anyone in the world.
Shortly after that day in January, I had my first several posts generated, and My Personal Finance Journey was born.
For those of you out there that haven’t experienced it, choosing a name for a site is a daunting task! Especially due to the fact that you have to choose the title right when you first start the blog. However, I felt very strongly about including the word, “Journey,” in the title. This was due to the fact that for me, personal finance really has been and continues to be a journey – one full of both successes and failures. So there, that’s how the name was picked!
What I Like and Don’t Like About Blogging
Even though I have only been blogging for a relatively short amount of time, I have definitely found out that there are things that I enjoy and some that I do not enjoy.
Let’s start with the things I do not enjoy.
- Learning HTML for site design. I think I didn’t get this gene passed on to me when I was born. I love widgets and things that enable me to avoid computer language.
- People emailing me with a guest post that they copied from another site.
- Typing an entire post in blogger.com, and then losing it when finding out that my account has been logged out.
Things that I do enjoy.
- Hearing reader’s opinions either in the form of comments or emails.
- Talking with people I meet that have read my site and ask me for guidance about how I would handle a financial situation they are facing in their personal life.
- Discovering new tools to tweak my site and improve it.
- Writing about economic differences between the various areas of the country I have lived in.
- Writing blog posts about the proof that superior investment returns can be obtained from using index mutual funds compared to investing in individual stocks.
My Personal Finance Journey and the Yakezie Network
Since joining the Yakezie Challenge, my life situation has changed drastically (moved locations and left a regular 8-5 job for an irregular school schedule). Unfortunately, one of the effects of this has been that my posting frequency has gone down slightly from what it used to be. As a result, my Alexa score is not quite were I want it to be.
Nonetheless, the main way that the Yazekie Challenge has helped me is through providing a forum where I can bounce ideas off people with specialized knowledge of how things work in the blogosphere. For example, a few months ago, I had an idea of starting up a passive/index investing blog carnival. And, I was able to get feedback from more experienced Yakezie bloggers to determine if this was a wise course of action or not.
The Yakezie Challenge is very similar to the concept of “inclusion” principles that were practiced at the company I used to work for. Essentially, the whole idea of inclusion (and similarly, the Yakezie), is to provide a mechanism for everyone to be able to do their best work.
Thank you Yakezie!
To see a list of fellow Yakezie Members and their latest posts, visit the Yakezie Network.
Jacob, thanks for sharing your story. I am interested in reading more from you about your investing theories. Your blogging dislikes mirror my own, each one of them!
Hi Dean! Thanks for reading! If you’re interested in reading a little more about my investing strategy, just click on the “My Portfolio” tab on the top navigation bar of my blog. That will take you to a place where you can see the strategy I employ to invest in index mutual funds. Take care! Jacob
Hey Jacob,
Best of luck with your PhD work! Looking forward to following your journey and hope you’re able to keep up with the posts during grad work!
Tim
Thanks Tim! I’m thinking that after this first semester of classes gets done, I’ll have a slightly more normal schedule once I get in to just doing research.
Hi Jacob, I have enjoyed getting to know you recently and applaud your academic pursuit. Going for a phd in engineering is usually enough for one person, doing a blog on top of that is amazing. best of luck, Barb
Hi Barb! Thanks for reading. Please let me know if you need any more help with your Facebook group!
Good luck with the PhD work!! I just have to say- your dog is soooo cute! I have a chocolate and black lab.
Labs are the best! I am also a big golden retriever fan!
Good luck with the PHD, it’s going to be tough but worthwhile I am sure! Nice to get a personal intro to you.
Thanks Forest! Yeah this first semester has been like the hardest year of undergrad engineering done all over again!
I’m continually impressed by what a bright bunch we’ve got here…Finance, Biomedical Engineering y espanol! Que Bueno!
Definitely! I’m pretty amazed to learn about the backgrounds of bloggers, and how accomplished they are.
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Fully funding your Roth your last three years in school! Did I read that right? Very impressive. You might not have the gene for HTML site design (I didn’t get ANY blog tech genes), but you are pursuing a PhD in Chemical Engineering. Wish you the best!
Hi Joe! Thanks for reading! Yep! I have always read that investing from an early age is the way to go! Hopefully, it will pay off!
Jacob, Nice hearing your story. I too chose an extremely long name that requires some serious copying and pasting :). Cool dog, what is that, 40-50lbs you got wrapped around your neck? Looks like a workout.
p.s. I got the HTML gene, but definitely do not have the PHP or CSS genes! I like tinkering with my site until I have to start staring at CSS and then it stops being fun real quick.
Thanks for reading! Yep, Portia (the chocolate lab) is about 60 lbs of pure joy! I am jealous of your computer skills/ability! You should teach me! haha
Jacob, love the picture man! Failing miserably is the shiznits! Just makes your that much better!
I agree completely! You learn a lot more from failures than from success!
Jacob
It’s great to hear more about you and your site. Totally agree with you on the HTML stuff. I tried to learn enough to do what I wanted, but ended up deciding that paying someone would leave me far better off – less frustrated and much more time.
Jeff
I also can’t stand the compy stuff with blogging and appreciate every widget and plugin that helps me avoid it. I must have also drunk the way-too-long-name Koolaid before starting Budgeting in the Fun Stuff…cut and paste in a freakin’ miracle…
It’s nice to meet you! Good luck in school! Cute brown lab. :-)
Thanks for reading! I really enjoy your site!
Great intro Jacob. I think we’ve all lost some great posts by not saving often enough or timing out. A couple times I mistakenly clicked Publish instead of Save and ended up posting a half finished article without even realizing it!
I have done that a couple times! I found the withdraw post button quick though, so it didn’t turn out too badly! haha
You just taught me something as I didn’t even know there is a withdraw button (or is that only blogger?).
Dude…..this is a great intro. I am amazed at the scope of your education and experience. I’m sure you’ll do great in the PhD program…
Thanks for reading Neal and for the wishes in the PhD program!
Jacob – thanks for sharing your story. It looks like you have a diverse educational background, and you’re aiming high with your PhD. Great stuff! Makes me feel undereducated with a Masters degree:)
Also, don’t worry about the past failures, at 25 they’re just life/business experiences you can draw upon. They will make you stronger, and better prepared for future challenges.
Thanks Squirrelers! I very much enjoy reading the posts on your site!
Good luck on the PhD program, Jacob! It will be hard, but try to leave at least a bit of time for the occasional post here and there. ;)
Will do! Thanks for reading!
Wow, you are a very busy guy!!! I’ve stop over at your site every now and then, but had no idea you were as busy as you are! I especially like the chat session embedded in your site, how cool is that!!!
Great story, thanks for joining and sharing your story!
Yeah! the chat feature by Meebo is pretty cool! I wish more of my readers would use it. Only one of my friends has contacted me through it so far.
I didn’t know we had any Hogs in this crew. I am a Buffalo, but I come from a family of three Razorbacks, including my sister who is at U of A right now. I am impressed that you got out with a business degree and engineering degree and your sanity, or should I say: Estoy impresionado que salió con un título en negocios y el grado de ingeniería y su cordura. (Autotranslated, so sorry about the bad grammar)
Nice! glad to meet someone else with roots in Arkansas!
Outstand Jacob, welcome to the yakezie. I am new as well, but really enjoying this group and like someone said above, what a group we have here!
I would say dump blogger immediately and get into wordpress. You will have to learn the transition, but you will thank yourself in the long run!
Trust me…I have thought of it a few times! WordPress definitely seems a lot better!
Jacob, yours is another great blog that I am stumbling into because of this network. Good luck with the advanced degree.
Thanks for reading Sandy!
Interesting post. You majored in three diverse fields. You must have quite a wealth of knowledge. Nice to meet you!
Thanks for reading buylikebuffet! I just discovered your site and have very much enjoyed it so far!
Three degrees! That’s the craziest thing I’ve ever heard. Did you do it in 4 years?!
Trust me, there were times when I thought it was pretty wild too! I was able to do it in 4 years, but only with the help of a lot of AP credit hours from high school! Thanks for reading!
Thanks for the story Jacob. Chemical Engineering sounds intense! I don’t blame you for the decrease in writing frequency. Looking forward to getting to know you more!
Thanks for reading Andrew! How’s everything going these days over at Money Crashers?
Things are good Jacob. Thanks for asking! As I’m sure you’d agree, the best part is interacting with the readers and awesome bloggers like you!
Definitely agree with that!
interesting list of likes and dislikes J – i am sure many can relate to it. i have been blogging for just about 3 months – it has been rewarding and refreshing, and i can totally understand where you are coming from with that list of yours.
Thanks for reading Sunil! Let me know if you ever need anything!
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Jacob, you’re a very impressive guy. I’m impressed with how much you’ve done with your blog in such a short time and while pursuing a Ph.D.
Glad you joined the Yakezie!
Hey Kay! Thanks for reading! I very much enjoy your blog as well. Thanks for teaching me the ins and outs of the importance of making a start page! I remember reading that on your blog several months ago.
hi jacob
wow…i can’t believe you are 25 and already getting your phd. i am 22 just finishing up my bachelors, thinking about getting my masters degree. how did you get so incredibly motivated? those books sounds really interesting…i should be funding my roth ira. i guess i have a lot of learning to do. thanks for the eye opener.
oh also, i am not fond of learning html either, just learning the language is confusing enough. good luck with you blog i really like it, ill be stopping by more often. thanks
Thanks for reading Natalie! Let me know if you ever have any questions!
thanks! i definitely will :)
You graduated from the University of Arkansas in 2008 with degrees in Finance, Biomedical Engineering, and Spanish, and working on PhD in Chem. Engineering. That’s it? Sheesh. What a loser. (Kidding! Only kidding!)
Seriously, great story, Jacob! You seem to really have your act together. Don’t feel bad about posting an unoriginal guest post – I’ve done that before too.
All the best,
Len
Len Penzo dot Com
Hey Len! Thanks for reading! I know right, I gotta start using my time better! Got to lay off the beer! haha
I always enjoy your posts! Your dog is so cute! :) And I can relate to the long site name lol
Thanks for reading FSYA! I enjoy your posts as well! I also like your recent site re-design!