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PhD on FIRE

A personal blog with financial tips, career development, and frugal life hacks

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Personal Finance

How to start a credit history from scratch

January 16, 2022January 16, 2022 phdonfire

When I first arrived to the US as an international student, I didn’t have any credit history. This made renting an apartment really expensive. My

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Personal Finance

Automate Your Personal Finances

January 9, 2022January 12, 2022 phdonfire

Happy new year! it’s a new beginning. This year, we decided to automate our finances. After figuring out our monthly expenses, setting our budget in

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budgets and savings
Personal Finance

Buckets Budget Software Review

December 30, 2021December 30, 2021 phdonfire

We used YNAB for years, but the current subscription price increased to $99 a year. So we canceled that after I found a new budgeting

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Personal Finance Student Life

Why Grad Students Need to Invest

December 18, 2021December 18, 2021 phdonfire

I’ve been thinking more and more about financial independence and retirement, even in my early career as a postdoc. It’s important to think about retirement

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Personal Finance

Retirement Savings in Academia and Non-Profits

November 27, 2021February 17, 2022 phdonfire

If you are a postdoc or newly minted faculty working in academia, or if you’re working for a non-profit, you may be able to contribute

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Personal Finance

Should You Invest in Brokerage Accounts?

November 12, 2021November 12, 2021 phdonfire

I have two brokerage accounts with Fidelity. One is for a future car purchase, and the other is for house down payment. I don’t plan

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Frugal Living Personal Finance

My Frugal Gradschool Budget

November 7, 2021November 13, 2021 phdonfire

Today I want to reflect a bit on my gradschool budget. I got a stipend of about $2350 each month. We split our bills 50/50

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Frugal Living Personal Finance Student Life

Frugal Tips to Save Money in Gradschool

October 31, 2021November 13, 2021 phdonfire

My husband and I lived on a monthly stipend of about $2400 and his savings during gradschool. So, we tried our best to stay frugal

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Personal Finance

401(k) Basics and Advice

October 24, 2021November 13, 2021 phdonfire

You recently graduated and got a job, congrats! You start to go through your benefits package and you stumble upon the 401(k) account. You read

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Personal Finance Resources

Roth IRA – What is it, and why you should invest in one

October 10, 2021November 13, 2021 phdonfire

You may or may not have heard of a Roth IRA before. So I wanted to walk you through what it is, how to open

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