POPULARITY
013: 4 Steps To Retire Early Without Financial Independence (FIRE Movement) Is there a way to achieve 80% of what you value about retirement with only 20% of the time investment? We think so! Check out this episode for the four steps we used to do this in our own life. Thanks for listening! Featured Links: Sponsor - MO$ YouTube Channel - https://www.youtube.com/channel/UCfRqvJFJ6LLQ62lKmOUXATw Your Money or Your Life - https://amzn.to/38cpz9C Mr. Money Mustache - https://www.mrmoneymustache.com/ 2 Frugal Dudes - https://2frugaldudes.com/ Tread Lightly, Retire Early - https://treadlightlyretireearly.com/ Afford Anything - https://affordanything.com/ Stuff We Like - Rubberbanditz - https://amzn.to/2YJvWOV Some featured links may be affiliate links. If you use them, Mapped Out Money may get a small commission — but there is no extra cost to you.
Episode 120: What is social investing? What are investment clubs? Learn how to get started with social investing with Thomas Beattie of Voleo. Tune in to take advantage of free training! On today’s episode of 2 Frugal Dudes, we’re talking to Thomas Beattie. With over 15 years of experience in [...]
Episode 119: Wondering how to start a business on a budget? We’ve got you covered. On today’s episode of 2 Frugal Dudes, we’re talking about starting a business on a shoestring budget with Bobby Warren, a former Associated Press award-winning journalist that left the industry to start an SEO and [...]
Episode 117: Need tips for managing your business finances and making your business more profitable? Tune in for details. On this episode of 2 Frugal Dudes, we’re talking about tips for managing your business finances with Mike Michalowicz. An entrepreneur behind three multimillion-dollar companies, Mike is the author of Profit [...]
Episode 115: Tune in for the 10 Keys to Building a Financial Plan that will set you up for success now and during retirement. In this episode of 2 Frugal Dudes, we’re talking to Ryan Inman about the 10 key components of building a financial plan. Ryan is a fee-only [...]
Episode 114: How to budget money, how to save money, and how to become financially independent, all in one event. In this episode of 2 Frugal Dudes, we’re telling you everything you need to know about the upcoming FI Summit. It went so great last time that we’re doing it [...]
Episode 113: How to live frugally without sacrificing your dreams. Tune in for the four keys to abundant frugal living. On this episode of 2 Frugal Dudes, we’re talking about the four keys to abundant frugal living with Steve & Annette Economides, frugal living experts, and NY Times Bestselling Authors. [...]
Episode 112: On this episode of 2 Frugal Dudes, we’re talking to Emmanuel Guarino, the leading retirement assisted living (RAL) realtor in Arizona, and a sought after coach. Emmanuel is teaching us all about planning for senior housing and the investment opportunities that come with it. About Emmanuel When Emmanuel [...]
Episode 110: On this episode of 2 Frugal Dudes, we’ll be talking about life as a renter based on Sean’s own experience making the change from homeowner. Sean’s Renting Experience Sean has been renting for about three years as a part of his family’s FIRE goals. Renting has offered a [...]
On this episode of 2 Frugal Dudes, we’re talking all about the process of incorporating this podcast and making it into an official business. Don’t forget that you can get the replay videos of FI Summit here! Stay tuned for our next summit in the fall! CHA-CHING! Why We Incorporated 2 Frugal [...]
Episode 108: On this episode of 2 Frugal Dudes, we’re talking about how to survive with only one family car to get you where you need to be. Don’t forget that you can get the replay videos of FI Sumit here! Stay tuned for our next summit in the fall! CHA-CHING! [...]
On this episode of 2 Frugal Dudes, we’re talking about tips for tax season to help you maximize your tax return, whether you’re self-employed or working the 9-5. Using an Accountant Kevin wears a lot of hats: business owner, non-profit organizer, Podcaster extraordinaire– so it gets complicated. To simplify the [...]
Episode 106: On this episode of 2 Frugal Dudes, we’re talking to Zack Miller, marketing expert and author of Anomaly. Zack joins us with valuable lessons on how to get attention for your business or career while being frugal. Visit Zack at zackmillersays.com! Zack’s Journey Zack graduated in 2007 from [...]
On this episode of 2 Frugal Dudes, we’re joined by our listener Mike Rollins as we tear apart his budget. Mike’s Journey Mike Rollins is the self-proclaimed Maverick of drone flying– even if that means he occasionally crashes the drone into himself. Early into Mike’s marriage, Mike and his wife [...]
Panel: Charles Max Wood In this episode, Chuck discusses his new podcast show titled the DevRev. Chuck also asks you very honest questions that will get you thinking; such as: What does freedom mean to you? How do you want your life and career to unfold? How can we (at the DevRev) help you with your career decisions? Check out today’s episode to hear about this and much more! Show Topics: 0:00 – Advertisement: AngularBootCamp.Com 0:52 – Chuck: Welcome! The panel is myself! I had this idea bouncing in my head for a while and I got some verification while waiting for my guest and panelists to show up. The show that I am producing is called, DevRev and it’s based on developer freedom. 2:22 – Chuck: Some developers love to contribute to open source. Some developers say that they don’t get along with their boss or coworkers. Others will say that they aren’t learning and feel like they are falling behind. I am on the B team and want to be on the A team. It boils down to: are they getting the freedom to do what they want to do. 3:45 – Chuck: I haven’t been happier with my job since I’ve gone self-employed. Having a sense of freedom could have a different definition for you. Perhaps you are looking for time to go hiking, skiing, and so on. For you it could be programming is to help you with your hobbies. What kind of opportunities can YOU create for yourself in programming? 5:32 – Chuck: When I got into programming (at first) I didn’t have a real clear idea. My old boss would have these ideas and would change the day after our meeting, which was frustrating. Freedom could be things from the things that don’t make you happy. Maybe an office space for you doesn’t work for you. 6:41 – Chuck: 1.) Freedom in life to do what you want! 2.) Freedom in your career to elevate you where you want to be. Chuck: Freedom to pursue the things that I care about vs. not pursue the things I don’t care about. First of all how do we take care of the big things? How do we reach our long-term goals? Finally, how do we remove all of the other interrupts and optimize our experience day-to-day to achieve things we want to achieve? 8:48 – Chuck: I was talking with Chris and his ideas are centered on with helping the community. We talked about the things that hang him up, too? 9:26 – Chuck: “I am swamped at work – what do I do?” I want to help you solve your issues. What’s your idea of freedom? 10:15 – Chuck: How do you feel fulfilled? Let’s find you a place that will payoff for you. There are all kinds of ideas around this. That’s where I want to dive-into! 11:11 – Chuck: If there are any questions that you have in particular – shoot me a message! I will gladly answer your questions and check out TheDevRev.com! I have some friends who run a financial podcast – 2 Frugal Dudes. I want you to ask the questions that are irking you. 12:36 – Chuck: I feel like there are tons of opportunities for developers out there that we can help you find what’s a good place for you. Find what you want out your career and life – find something that will line-up for you. Even if you are trying to find your first job! There are a lot of options out there. I am putting the show out on YouTube and Facebook! END – Advertisement – Cache Fly! Links: Discord App Discord App – DevChat TV TheDevRev.com Sponsors: Angular Boot Camp Cache Fly Picks: Charles zoom.us repurpose.io
Panel: Charles Max Wood In this episode, Chuck discusses his new podcast show titled the DevRev. Chuck also asks you very honest questions that will get you thinking; such as: What does freedom mean to you? How do you want your life and career to unfold? How can we (at the DevRev) help you with your career decisions? Check out today’s episode to hear about this and much more! Show Topics: 0:00 – Advertisement: AngularBootCamp.Com 0:52 – Chuck: Welcome! The panel is myself! I had this idea bouncing in my head for a while and I got some verification while waiting for my guest and panelists to show up. The show that I am producing is called, DevRev and it’s based on developer freedom. 2:22 – Chuck: Some developers love to contribute to open source. Some developers say that they don’t get along with their boss or coworkers. Others will say that they aren’t learning and feel like they are falling behind. I am on the B team and want to be on the A team. It boils down to: are they getting the freedom to do what they want to do. 3:45 – Chuck: I haven’t been happier with my job since I’ve gone self-employed. Having a sense of freedom could have a different definition for you. Perhaps you are looking for time to go hiking, skiing, and so on. For you it could be programming is to help you with your hobbies. What kind of opportunities can YOU create for yourself in programming? 5:32 – Chuck: When I got into programming (at first) I didn’t have a real clear idea. My old boss would have these ideas and would change the day after our meeting, which was frustrating. Freedom could be things from the things that don’t make you happy. Maybe an office space for you doesn’t work for you. 6:41 – Chuck: 1.) Freedom in life to do what you want! 2.) Freedom in your career to elevate you where you want to be. Chuck: Freedom to pursue the things that I care about vs. not pursue the things I don’t care about. First of all how do we take care of the big things? How do we reach our long-term goals? Finally, how do we remove all of the other interrupts and optimize our experience day-to-day to achieve things we want to achieve? 8:48 – Chuck: I was talking with Chris and his ideas are centered on with helping the community. We talked about the things that hang him up, too? 9:26 – Chuck: “I am swamped at work – what do I do?” I want to help you solve your issues. What’s your idea of freedom? 10:15 – Chuck: How do you feel fulfilled? Let’s find you a place that will payoff for you. There are all kinds of ideas around this. That’s where I want to dive-into! 11:11 – Chuck: If there are any questions that you have in particular – shoot me a message! I will gladly answer your questions and check out TheDevRev.com! I have some friends who run a financial podcast – 2 Frugal Dudes. I want you to ask the questions that are irking you. 12:36 – Chuck: I feel like there are tons of opportunities for developers out there that we can help you find what’s a good place for you. Find what you want out your career and life – find something that will line-up for you. Even if you are trying to find your first job! There are a lot of options out there. I am putting the show out on YouTube and Facebook! END – Advertisement – Cache Fly! Links: Discord App Discord App – DevChat TV TheDevRev.com Sponsors: Angular Boot Camp Cache Fly Picks: Charles zoom.us repurpose.io
Panel: Charles Max Wood In this episode, Chuck discusses his new podcast show titled the DevRev. Chuck also asks you very honest questions that will get you thinking; such as: What does freedom mean to you? How do you want your life and career to unfold? How can we (at the DevRev) help you with your career decisions? Check out today’s episode to hear about this and much more! Show Topics: 0:00 – Advertisement: AngularBootCamp.Com 0:52 – Chuck: Welcome! The panel is myself! I had this idea bouncing in my head for a while and I got some verification while waiting for my guest and panelists to show up. The show that I am producing is called, DevRev and it’s based on developer freedom. 2:22 – Chuck: Some developers love to contribute to open source. Some developers say that they don’t get along with their boss or coworkers. Others will say that they aren’t learning and feel like they are falling behind. I am on the B team and want to be on the A team. It boils down to: are they getting the freedom to do what they want to do. 3:45 – Chuck: I haven’t been happier with my job since I’ve gone self-employed. Having a sense of freedom could have a different definition for you. Perhaps you are looking for time to go hiking, skiing, and so on. For you it could be programming is to help you with your hobbies. What kind of opportunities can YOU create for yourself in programming? 5:32 – Chuck: When I got into programming (at first) I didn’t have a real clear idea. My old boss would have these ideas and would change the day after our meeting, which was frustrating. Freedom could be things from the things that don’t make you happy. Maybe an office space for you doesn’t work for you. 6:41 – Chuck: 1.) Freedom in life to do what you want! 2.) Freedom in your career to elevate you where you want to be. Chuck: Freedom to pursue the things that I care about vs. not pursue the things I don’t care about. First of all how do we take care of the big things? How do we reach our long-term goals? Finally, how do we remove all of the other interrupts and optimize our experience day-to-day to achieve things we want to achieve? 8:48 – Chuck: I was talking with Chris and his ideas are centered on with helping the community. We talked about the things that hang him up, too? 9:26 – Chuck: “I am swamped at work – what do I do?” I want to help you solve your issues. What’s your idea of freedom? 10:15 – Chuck: How do you feel fulfilled? Let’s find you a place that will payoff for you. There are all kinds of ideas around this. That’s where I want to dive-into! 11:11 – Chuck: If there are any questions that you have in particular – shoot me a message! I will gladly answer your questions and check out TheDevRev.com! I have some friends who run a financial podcast – 2 Frugal Dudes. I want you to ask the questions that are irking you. 12:36 – Chuck: I feel like there are tons of opportunities for developers out there that we can help you find what’s a good place for you. Find what you want out your career and life – find something that will line-up for you. Even if you are trying to find your first job! There are a lot of options out there. I am putting the show out on YouTube and Facebook! END – Advertisement – Cache Fly! Links: Discord App Discord App – DevChat TV TheDevRev.com Sponsors: Angular Boot Camp Cache Fly Picks: Charles zoom.us repurpose.io
Episode 102: On this episode of 2 Frugal Dudes, we’re talking with Sharita Humphrey on how to manage your personal and business finances. Sharita is a certified financial educator, coach, and educator who helps individuals and small business owners reach their financial goals. Sharita’s Journey Despite being comfortable now, Sharita [...]
Episode 101: We’re sharing a good feeling of hope by discussing some positive stories and the 2 Frugal Dudes journey. We’ll be covering financial independence and the wide range of emotions that you may be experiencing on your financial journey. Frugal Tip Set up your IRA or 401K deductions on an [...]
Episode 100: We’re reliving the journey so far on the 100th episode of 2 Frugal Dudes. Two Years of Frugal Living: A Recap Once upon a time, Kevin and Sean met through their careers in software development. They started conversing about frugal living. Over time, they realized that they had [...]
Episode 99: On this episode of 2 Frugal Dudes, we’re live from FinCon again! We’ll give you an update of the conference as of day four. The last few days have been big on networking. FinCon is an excellent place to meet new contacts and help build each other’s businesses. [...]
On this episode of 2 Frugal Dudes, we’re live from FinCon! We’ll give you a rundown about what we’ve learned, how the conference is overall, and interesting frugal tips and tricks. FinCon is a conference where money and media meet. Overall, the atmosphere is very relaxed and inviting. We even [...]
Episode 97: Learn how to pursue financial independence and be a part of the FIRE community while traveling full-time. Learn how to score great travel deals, find free lodgings, and explore the world on a dime. On this episode of 2 Frugal Dudes, we’re pursuing FIRE while traveling full-time with [...]
Episode 95: we’re reviewing a book that Kevin recently read called Financially Stupid People are Everywhere by Jason Kelly, a book which was recommended by a previous guest on 2 Frugal Dudes! Kevin has a rule that every time someone recommends a book, he adds it to his Amazon wishlist. [...]
Panel: Charles Max Wood Guest: Sean Merron This week on My JavaScript Story, Charles speaks with Sean Merron. Sean is currently in Austin, Texas and is originally from Virginia Beach, Virginia. He is a full-time software engineer, and has been for a little over 15 years now, and runs a podcast called 2 Frugal Dudes. He first got into programming when he was in high school and went to a trade school for computer networking. This trade school really gave him a leg up with his certifications and led him to his first job where he did tech support for an office. Sean urges new programmers to always have a project and to never be afraid to learn something new. In particular, we dive pretty deep on: 2 Frugal Dudes How did you get into programming? CCNA and A+ certification Frist experience learning programming AP Computer Science C++ and Java How did you get into JavaScript? Gaming led to him wanting to build websites GeoCities HTML files HTML application Any advice for new programmers? Scripting Life-long learning What have your contributed to the programming community? Teaching, meetups, and conferences How did 2 Frugal Dudes come about? The importance of learning about finances The goal of podcasts His podcast audience demographics They discuss finances in layman’s terms What are you working on now and what are your future plans? And much, much more! Links: Linode 2 Frugal Dudes EarlyRetirementRoadmap.com @SeanMerron Picks Charles React and View Podcast coming up PodWrench.com Sean Mr. Money Mustache BogleHeads The Little Book of Common Sense Investing by John Bogle
Panel: Charles Max Wood Guest: Sean Merron This week on My JavaScript Story, Charles speaks with Sean Merron. Sean is currently in Austin, Texas and is originally from Virginia Beach, Virginia. He is a full-time software engineer, and has been for a little over 15 years now, and runs a podcast called 2 Frugal Dudes. He first got into programming when he was in high school and went to a trade school for computer networking. This trade school really gave him a leg up with his certifications and led him to his first job where he did tech support for an office. Sean urges new programmers to always have a project and to never be afraid to learn something new. In particular, we dive pretty deep on: 2 Frugal Dudes How did you get into programming? CCNA and A+ certification Frist experience learning programming AP Computer Science C++ and Java How did you get into JavaScript? Gaming led to him wanting to build websites GeoCities HTML files HTML application Any advice for new programmers? Scripting Life-long learning What have your contributed to the programming community? Teaching, meetups, and conferences How did 2 Frugal Dudes come about? The importance of learning about finances The goal of podcasts His podcast audience demographics They discuss finances in layman’s terms What are you working on now and what are your future plans? And much, much more! Links: Linode 2 Frugal Dudes EarlyRetirementRoadmap.com @SeanMerron Picks Charles React and View Podcast coming up PodWrench.com Sean Mr. Money Mustache BogleHeads The Little Book of Common Sense Investing by John Bogle
Panel: Charles Max Wood Guest: Sean Merron This week on My JavaScript Story, Charles speaks with Sean Merron. Sean is currently in Austin, Texas and is originally from Virginia Beach, Virginia. He is a full-time software engineer, and has been for a little over 15 years now, and runs a podcast called 2 Frugal Dudes. He first got into programming when he was in high school and went to a trade school for computer networking. This trade school really gave him a leg up with his certifications and led him to his first job where he did tech support for an office. Sean urges new programmers to always have a project and to never be afraid to learn something new. In particular, we dive pretty deep on: 2 Frugal Dudes How did you get into programming? CCNA and A+ certification Frist experience learning programming AP Computer Science C++ and Java How did you get into JavaScript? Gaming led to him wanting to build websites GeoCities HTML files HTML application Any advice for new programmers? Scripting Life-long learning What have your contributed to the programming community? Teaching, meetups, and conferences How did 2 Frugal Dudes come about? The importance of learning about finances The goal of podcasts His podcast audience demographics They discuss finances in layman’s terms What are you working on now and what are your future plans? And much, much more! Links: Linode 2 Frugal Dudes EarlyRetirementRoadmap.com @SeanMerron Picks Charles React and View Podcast coming up PodWrench.com Sean Mr. Money Mustache BogleHeads The Little Book of Common Sense Investing by John Bogle
We are back with another jam packed listener case study! We are so excited to have Aimee Knight, a loyal 2 Frugal Dudes listener, come on the show to open up her life with you to see where she can improve her personal finances. Aimee has great savings habits and [...]
JSJ 273: Live to Code, Don't Code to Live with 2 Frugal Dudes Sean Merron and Kevin Griffin This episode of JavaScript Jabber features panelists Aimee Knight, Cory House, and Charles Max Wood. Special guests Sean Merron and Kevin Griffin discuss how to live frugally. Tune in to hear their advice! [00:02:14] Introduction to Sean and Kevin Sean and Kevin are the hosts of the 2 Frugal Dudes Podcast. They are middle class software engineers. Sean works a 9 to 5 job, while Kevin owns a small business called Swift Kick. Swift Kick is a company that focuses on independent consulting, software development, and training companies for software development. [00:05:50] Different Types of Financial Advisors There is no legal reason that financial advisors have to work in your best interest. On the 2 Frugal Dudes Podcast, Sean and Kevin advise people to use fiduciary advisors. These types of advisors are not legally allowed to accept kickbacks from different funds. This means that they are more likely to help you to the best of their ability. They get paid for their services. Laws are currently changing so that everyone has to be a fiduciary advisor unless clients sign a specific form. [00:10:00] What do I do with money left over at the end of the month that I can’t put into a 401K and Roth IRA? They suggest that you put only the amount of money in your 401K that your company will match. Then, put the rest into a Roth IRA and max that out. Before you decide to do what next, you need to decide why you are saving money. When will you need the money? What will you need it for? Once you know the answer to these questions, you will be able to assess what your money will best be placed. For example, if you are saving to buy a house you need to put your money in a safe investment. A Roth IRA can be used as a savings vehicle or as an emergency fund. Sean believes that a Bank CD is the safest return you can get. [00:14:30] Best Way to Save For those who are self-employed, it is a good idea to have two emergency funds – a personal and a business fund. Business emergency funds should have five months of personal salary. Kevin built his up over two or three years and uses it as self-insurance. Sean says that the employee world is different. For him, he only keeps the minimum amount in his emergency fund. He knows that he is in a field where his job is in high demand, so feels comfortable with being able to get a job quickly. For others, this may not be the case. Have to evaluate how much to save based on how long you think you may need the money. [00:18:50] What is the first thing people should be doing for their own financial well being? Kevin follows Dave Ramsey’s advice. Basic emergency fund. He uses $1,000. Most emergencies fall under that amount of money. Get rid of all consumer debt. This includes car payments, credit cards, and student loans. Mortgage is not consumer debt. Grow an emergency fund to three or six months of expenses. Investments. Setting up retirement funds, paying for college, or mortgages. Sean values early retirement so he focuses on that. What does retirement mean to me? What does rich mean? You should always track your money through a budget. Then you can funnel money towards emergency funds and tackling debt. Self-insurance means that you don’t have to worry about funds. It helps lower your stress knowing that you have your finances in order. It is a peaceful place to be and opens up opportunities for you. If someone has stressors in their life – for example, their car breaks down – and they have no money to fix it, they now have car and money problems. This stress can then potentially lead to other problems such as marriage problems. If the money to fix the broken car would have been there, it would alleviate stress. [00:28:23] Difference between 401k, IRA, and Roth IRAs A 401k is an employer provided, long-term retirement savings account. This is where you put in money before it is taxed. With this plan you are limited with the funds you can choose from to invest in. IRAs are long-term retirement plans as well. The first type of IRA is a Traditional IRA, which is similar to a 401k. You get tax reduction for the money you put in the account. You pay taxes once you withdraw money. A Roth IRA is where you already pay taxes on money that you are putting in, but don’t have to pay taxes when withdrawing money. You can withdraw contributions at anytime without being penalized, you just can’t take out any earnings. Another thing that is potentially good for early retirement is a Roth IRA conversion ladder. This is where you take money from a 401k and convert it into a Roth IRA and use it before 60 years old to fund early retirement. Traditional IRAs are good for business owners looking for tax deductions now. An HSA (Health Savings Account) can also be used as a retirement device. It goes towards medical expenses if needed. [00:34:20] Are there tools or algorithms I can use to figure this stuff out? There are some. Portfolio Visualizer allows you to choose different portfolio mixes and put different amounts of money in each one. Portfolio Charts is similar to Portfolio Visualizer but gives nice graphics. Sean created a JavaScript website to help people use to figure out early retirement. The hardest part is calculating return because you have to estimate what your return will be each year. [00:39:00] Put Your Money Somewhere The only bad investment is not making an investment. Even making a bad investment is better than not having any at all. Inflation eats away at money that is just sitting. [00:42:05] If you get one of these advisors what advice should you be looking for? Need someone that tries to understand your particular situation. “It depends” is very true and your advisor should know that. No two people will have the same financial goals. They should want to help reach your goals in the least costly way possible. Other things they should be able to do is be honest and help you control your emotions during upswings and downswings. [00:47:08] Why index funds? As an investor, you can buy an index fund cheaper than buying the whole index. A mutual fund will try to buy and sell the stocks in that index in order to follow the index's performance. As an investor, you have the opportunity to buy into a mutual fund that handles it for you. You don’t have to independently invest in companies either. You can invest in an index instead that will look at, for example, top performing technology companies. It is usually a better value. [00:53:33] How much do I invest in my business verses putting money into a Roth IRA or 401k? Sean thinks it comes down to retirement goals. At some point you will want money to come in passively and retire in the future. If you can passively put X amount of dollars into your company then it can be looked at as a form of investment. Kevin evaluates his business goals every quarter. He creates a business budget based off of those goals. Picks Cory Random Walk Down Wall Street by Burton Malkiel Rich Dad, Poor Dad by Robert Kiyosaki Ego is the Enemy by Ryan Holiday Aimee Hacker News Thread – How to Not Bring Emotions Home With You Phantogram Charles Money Master the Game by Tony Robbins ELPs (Endorsed Local Providers) Dave Ramsey Sean The Little Book of Common Sense Investing by John Bogle Mr. Money Mustache Blog www.mint.com Kevin Unshakable by Tony Robbins YNABS The Millionaire Next Door by Thomas Stanley Links 2 Frugal Dudes Twitter Sean's Twitter Kevin's Twitter www.swiftkick.in www.kevgriffin.com http://earlyretirementroadmap.com/ 2 Frugal Dudes Podcast
JSJ 273: Live to Code, Don't Code to Live with 2 Frugal Dudes Sean Merron and Kevin Griffin This episode of JavaScript Jabber features panelists Aimee Knight, Cory House, and Charles Max Wood. Special guests Sean Merron and Kevin Griffin discuss how to live frugally. Tune in to hear their advice! [00:02:14] Introduction to Sean and Kevin Sean and Kevin are the hosts of the 2 Frugal Dudes Podcast. They are middle class software engineers. Sean works a 9 to 5 job, while Kevin owns a small business called Swift Kick. Swift Kick is a company that focuses on independent consulting, software development, and training companies for software development. [00:05:50] Different Types of Financial Advisors There is no legal reason that financial advisors have to work in your best interest. On the 2 Frugal Dudes Podcast, Sean and Kevin advise people to use fiduciary advisors. These types of advisors are not legally allowed to accept kickbacks from different funds. This means that they are more likely to help you to the best of their ability. They get paid for their services. Laws are currently changing so that everyone has to be a fiduciary advisor unless clients sign a specific form. [00:10:00] What do I do with money left over at the end of the month that I can’t put into a 401K and Roth IRA? They suggest that you put only the amount of money in your 401K that your company will match. Then, put the rest into a Roth IRA and max that out. Before you decide to do what next, you need to decide why you are saving money. When will you need the money? What will you need it for? Once you know the answer to these questions, you will be able to assess what your money will best be placed. For example, if you are saving to buy a house you need to put your money in a safe investment. A Roth IRA can be used as a savings vehicle or as an emergency fund. Sean believes that a Bank CD is the safest return you can get. [00:14:30] Best Way to Save For those who are self-employed, it is a good idea to have two emergency funds – a personal and a business fund. Business emergency funds should have five months of personal salary. Kevin built his up over two or three years and uses it as self-insurance. Sean says that the employee world is different. For him, he only keeps the minimum amount in his emergency fund. He knows that he is in a field where his job is in high demand, so feels comfortable with being able to get a job quickly. For others, this may not be the case. Have to evaluate how much to save based on how long you think you may need the money. [00:18:50] What is the first thing people should be doing for their own financial well being? Kevin follows Dave Ramsey’s advice. Basic emergency fund. He uses $1,000. Most emergencies fall under that amount of money. Get rid of all consumer debt. This includes car payments, credit cards, and student loans. Mortgage is not consumer debt. Grow an emergency fund to three or six months of expenses. Investments. Setting up retirement funds, paying for college, or mortgages. Sean values early retirement so he focuses on that. What does retirement mean to me? What does rich mean? You should always track your money through a budget. Then you can funnel money towards emergency funds and tackling debt. Self-insurance means that you don’t have to worry about funds. It helps lower your stress knowing that you have your finances in order. It is a peaceful place to be and opens up opportunities for you. If someone has stressors in their life – for example, their car breaks down – and they have no money to fix it, they now have car and money problems. This stress can then potentially lead to other problems such as marriage problems. If the money to fix the broken car would have been there, it would alleviate stress. [00:28:23] Difference between 401k, IRA, and Roth IRAs A 401k is an employer provided, long-term retirement savings account. This is where you put in money before it is taxed. With this plan you are limited with the funds you can choose from to invest in. IRAs are long-term retirement plans as well. The first type of IRA is a Traditional IRA, which is similar to a 401k. You get tax reduction for the money you put in the account. You pay taxes once you withdraw money. A Roth IRA is where you already pay taxes on money that you are putting in, but don’t have to pay taxes when withdrawing money. You can withdraw contributions at anytime without being penalized, you just can’t take out any earnings. Another thing that is potentially good for early retirement is a Roth IRA conversion ladder. This is where you take money from a 401k and convert it into a Roth IRA and use it before 60 years old to fund early retirement. Traditional IRAs are good for business owners looking for tax deductions now. An HSA (Health Savings Account) can also be used as a retirement device. It goes towards medical expenses if needed. [00:34:20] Are there tools or algorithms I can use to figure this stuff out? There are some. Portfolio Visualizer allows you to choose different portfolio mixes and put different amounts of money in each one. Portfolio Charts is similar to Portfolio Visualizer but gives nice graphics. Sean created a JavaScript website to help people use to figure out early retirement. The hardest part is calculating return because you have to estimate what your return will be each year. [00:39:00] Put Your Money Somewhere The only bad investment is not making an investment. Even making a bad investment is better than not having any at all. Inflation eats away at money that is just sitting. [00:42:05] If you get one of these advisors what advice should you be looking for? Need someone that tries to understand your particular situation. “It depends” is very true and your advisor should know that. No two people will have the same financial goals. They should want to help reach your goals in the least costly way possible. Other things they should be able to do is be honest and help you control your emotions during upswings and downswings. [00:47:08] Why index funds? As an investor, you can buy an index fund cheaper than buying the whole index. A mutual fund will try to buy and sell the stocks in that index in order to follow the index's performance. As an investor, you have the opportunity to buy into a mutual fund that handles it for you. You don’t have to independently invest in companies either. You can invest in an index instead that will look at, for example, top performing technology companies. It is usually a better value. [00:53:33] How much do I invest in my business verses putting money into a Roth IRA or 401k? Sean thinks it comes down to retirement goals. At some point you will want money to come in passively and retire in the future. If you can passively put X amount of dollars into your company then it can be looked at as a form of investment. Kevin evaluates his business goals every quarter. He creates a business budget based off of those goals. Picks Cory Random Walk Down Wall Street by Burton Malkiel Rich Dad, Poor Dad by Robert Kiyosaki Ego is the Enemy by Ryan Holiday Aimee Hacker News Thread – How to Not Bring Emotions Home With You Phantogram Charles Money Master the Game by Tony Robbins ELPs (Endorsed Local Providers) Dave Ramsey Sean The Little Book of Common Sense Investing by John Bogle Mr. Money Mustache Blog www.mint.com Kevin Unshakable by Tony Robbins YNABS The Millionaire Next Door by Thomas Stanley Links 2 Frugal Dudes Twitter Sean's Twitter Kevin's Twitter www.swiftkick.in www.kevgriffin.com http://earlyretirementroadmap.com/ 2 Frugal Dudes Podcast
JSJ 273: Live to Code, Don't Code to Live with 2 Frugal Dudes Sean Merron and Kevin Griffin This episode of JavaScript Jabber features panelists Aimee Knight, Cory House, and Charles Max Wood. Special guests Sean Merron and Kevin Griffin discuss how to live frugally. Tune in to hear their advice! [00:02:14] Introduction to Sean and Kevin Sean and Kevin are the hosts of the 2 Frugal Dudes Podcast. They are middle class software engineers. Sean works a 9 to 5 job, while Kevin owns a small business called Swift Kick. Swift Kick is a company that focuses on independent consulting, software development, and training companies for software development. [00:05:50] Different Types of Financial Advisors There is no legal reason that financial advisors have to work in your best interest. On the 2 Frugal Dudes Podcast, Sean and Kevin advise people to use fiduciary advisors. These types of advisors are not legally allowed to accept kickbacks from different funds. This means that they are more likely to help you to the best of their ability. They get paid for their services. Laws are currently changing so that everyone has to be a fiduciary advisor unless clients sign a specific form. [00:10:00] What do I do with money left over at the end of the month that I can’t put into a 401K and Roth IRA? They suggest that you put only the amount of money in your 401K that your company will match. Then, put the rest into a Roth IRA and max that out. Before you decide to do what next, you need to decide why you are saving money. When will you need the money? What will you need it for? Once you know the answer to these questions, you will be able to assess what your money will best be placed. For example, if you are saving to buy a house you need to put your money in a safe investment. A Roth IRA can be used as a savings vehicle or as an emergency fund. Sean believes that a Bank CD is the safest return you can get. [00:14:30] Best Way to Save For those who are self-employed, it is a good idea to have two emergency funds – a personal and a business fund. Business emergency funds should have five months of personal salary. Kevin built his up over two or three years and uses it as self-insurance. Sean says that the employee world is different. For him, he only keeps the minimum amount in his emergency fund. He knows that he is in a field where his job is in high demand, so feels comfortable with being able to get a job quickly. For others, this may not be the case. Have to evaluate how much to save based on how long you think you may need the money. [00:18:50] What is the first thing people should be doing for their own financial well being? Kevin follows Dave Ramsey’s advice. Basic emergency fund. He uses $1,000. Most emergencies fall under that amount of money. Get rid of all consumer debt. This includes car payments, credit cards, and student loans. Mortgage is not consumer debt. Grow an emergency fund to three or six months of expenses. Investments. Setting up retirement funds, paying for college, or mortgages. Sean values early retirement so he focuses on that. What does retirement mean to me? What does rich mean? You should always track your money through a budget. Then you can funnel money towards emergency funds and tackling debt. Self-insurance means that you don’t have to worry about funds. It helps lower your stress knowing that you have your finances in order. It is a peaceful place to be and opens up opportunities for you. If someone has stressors in their life – for example, their car breaks down – and they have no money to fix it, they now have car and money problems. This stress can then potentially lead to other problems such as marriage problems. If the money to fix the broken car would have been there, it would alleviate stress. [00:28:23] Difference between 401k, IRA, and Roth IRAs A 401k is an employer provided, long-term retirement savings account. This is where you put in money before it is taxed. With this plan you are limited with the funds you can choose from to invest in. IRAs are long-term retirement plans as well. The first type of IRA is a Traditional IRA, which is similar to a 401k. You get tax reduction for the money you put in the account. You pay taxes once you withdraw money. A Roth IRA is where you already pay taxes on money that you are putting in, but don’t have to pay taxes when withdrawing money. You can withdraw contributions at anytime without being penalized, you just can’t take out any earnings. Another thing that is potentially good for early retirement is a Roth IRA conversion ladder. This is where you take money from a 401k and convert it into a Roth IRA and use it before 60 years old to fund early retirement. Traditional IRAs are good for business owners looking for tax deductions now. An HSA (Health Savings Account) can also be used as a retirement device. It goes towards medical expenses if needed. [00:34:20] Are there tools or algorithms I can use to figure this stuff out? There are some. Portfolio Visualizer allows you to choose different portfolio mixes and put different amounts of money in each one. Portfolio Charts is similar to Portfolio Visualizer but gives nice graphics. Sean created a JavaScript website to help people use to figure out early retirement. The hardest part is calculating return because you have to estimate what your return will be each year. [00:39:00] Put Your Money Somewhere The only bad investment is not making an investment. Even making a bad investment is better than not having any at all. Inflation eats away at money that is just sitting. [00:42:05] If you get one of these advisors what advice should you be looking for? Need someone that tries to understand your particular situation. “It depends” is very true and your advisor should know that. No two people will have the same financial goals. They should want to help reach your goals in the least costly way possible. Other things they should be able to do is be honest and help you control your emotions during upswings and downswings. [00:47:08] Why index funds? As an investor, you can buy an index fund cheaper than buying the whole index. A mutual fund will try to buy and sell the stocks in that index in order to follow the index's performance. As an investor, you have the opportunity to buy into a mutual fund that handles it for you. You don’t have to independently invest in companies either. You can invest in an index instead that will look at, for example, top performing technology companies. It is usually a better value. [00:53:33] How much do I invest in my business verses putting money into a Roth IRA or 401k? Sean thinks it comes down to retirement goals. At some point you will want money to come in passively and retire in the future. If you can passively put X amount of dollars into your company then it can be looked at as a form of investment. Kevin evaluates his business goals every quarter. He creates a business budget based off of those goals. Picks Cory Random Walk Down Wall Street by Burton Malkiel Rich Dad, Poor Dad by Robert Kiyosaki Ego is the Enemy by Ryan Holiday Aimee Hacker News Thread – How to Not Bring Emotions Home With You Phantogram Charles Money Master the Game by Tony Robbins ELPs (Endorsed Local Providers) Dave Ramsey Sean The Little Book of Common Sense Investing by John Bogle Mr. Money Mustache Blog www.mint.com Kevin Unshakable by Tony Robbins YNABS The Millionaire Next Door by Thomas Stanley Links 2 Frugal Dudes Twitter Sean's Twitter Kevin's Twitter www.swiftkick.in www.kevgriffin.com http://earlyretirementroadmap.com/ 2 Frugal Dudes Podcast
We have completed our first ever listener case study! We are so excited to have Francis Pasket, a loyal 2 Frugal Dudes listener, come on the show to open up his life with you to see where he can improve. Francis and his family have the opportunity to live back [...]
JSJ 267 Node 8 with Mikeal Rogers, Arunesh Chandra, and Anna Henningsen On today’s episode of JavaScript Jabber we have panelists Joe Eames, AJ O’Neil, Amiee Knight and Charles Max Wood and we are talking about Node 8. To help us we have special guests Mikeal Rodgers, Arunesh Chandra, and Anna Henningsen. It’s going to be a great show. Tune in. [1:56] Is Node 8 just an update or is there more? More than just an update Two main points: Improved Prana support Native API Native APIs are helpful for Native Add-ons. For both the consumer and the developer side. Prior to update these Node Native modules ran in C++ and bound to specific to Node 8 APIs. Causes these modules to be updated or reconciled every time these modules are rereleased. Creates burden for module maintainers. Creates friction in upgrading Node versions in production departments. If you have a deployment depending on a certain Native module, some of the modules may not get updated in time when updating your Node versions. Keeping people from updating Node. Creates compatibility issues with Node users not using Node 8 Experimental support for a Native layer in Node 8 to eliminate these issues as much as possible. Important milestone for the module ecosystem. You can write extensions for Node in C++ and it decouples V8 so you can use something else on the front. Modules takes dependency on V8 API specific to a particular version. So if V8 changes your module will be extracted from that. As a side benefit, you can have another VM to take advantage of that. Major version upgrades mean updating Native modules and usually some of those modules haven’t updated to the newest version of Node and be complicated. Deep dependency wise, about 30% depends on a Native module somewhere In the future, with the Native API, you’ll be able to update Node without breaking modules. [5:51] What kind of work went into this? Most of the work was in C++ First thing that was done was, they looked at the top dependent Native modules in the ecosystem. Looked for what kind of V8 exposure they had and cataloged it Looked at how these APIs and what their purposes were Looked for a way to extract them so that they are part of Node Core Created neutral APIs, now part of the Node core. All C APIs Also has a C++ wrapper to improves usability of the API. [7:17] What’s an example of what you can do with these APIs? Native modules allows for tighter integration and better module performance Specific APIs that you can use in V8 that isn’t available through JavaScript If you have a C++ variable code and you want to expose a variable into JavaScript, that is V8 API note a Node 8 API Having it bound directly to the VM was something they wanted for a long time Google controls V8 and they bind to V8 Created a better relationship with Google starting in IOJS Also worked with Microsoft with their Node Shocker work. Same with SpiderMonkey SpiderNode is in the works [9:23] Have you guys done any testing for performance? Some. There is a performance working group. There is a need to stay on top of V8 V8 team has focused on new language features Many features have been added over the years Many didn’t come in optimized The performance profile has changed with these features If you’re using new language features, you will see a performance boost In core, still tracking down code that was specific to the old optimizer and rewriting i to work the new optimizer Turbo C compiler hasn’t landed yet, but is to come. Will have a completely different performance profile In most real world applications it will be faster Waiting on the release to take a version of V8 to make it easier to upgrade features in the future [11:28] Are the new features picked up from V8 or implemented in Node? It’s all in V8 Better longterm support Promises are made better in Node as a platform Added new method called util.promisify() Implementation comes from V8 Allows for more optimization for promises in Node core Promise support for the one-deprecated domains module. [13:02] Is there anything more than NMP 5? First off, delete your NMP cache. It’s in your home directory usually with a .npm extension [14:09] What are the new features in V8? Unlimited heap sizes, previously had a 4gb limit. No fixed limit. [14:09] Will you see things like chakra come out tuned for servers? Profiles of a server for application process are getting smaller Getting cut into containers and VMs and micro services Vms that have cold boot time and run quickly in a strained environment is looking more like what we will see in the future Yes, especially if you’re using cloud functions V8 is optimized for phones, but Chakra is even more so Looking for opportunities for VMs can be solely optimized for a device target Node take advantage of that VM VM neutrality is an interesting concept VM Vendors trying to optimize it based on workloads of a server Opens opportunities for Node Node Chakra has been proved to iOS. You can cut off jitting off which was a requirement to be able to be in the Apple App Store Node is not just for servers anymore Node doesn’t take a long time configuring it When a developer runs code on an IoT or a mobile app they don’t control the VM that is bundled, they run it on top of Node and it just works. VM neutrality gives a new vector, so you can swam a whole different VM [18:44] When running different engines like iOS vs Android, does the profile change? What it comes down to is if it’s eventive programming The browser is an eventive environment, is very efficient waiting for things to happen before it does something The way that we program servers and nodes are the same as well the basics are the same generally environmental differences exist but the programming model is usually the same What does impact it is memory and processor and hardware and things like that That is where tuning the VM comes into play [20:29] What is the new Async Hooks API used for? Node has been lacking for automated inspection of Async Hook No way for Node to tell you when scheduling and beginning of an Async operation. Hook helps with that it’s a way for developers to write debugging features Node tells the application that it’s working with Asynchronous way. The embedded inspector has been embedded since Node 6 Now has a JavaScript API to use it You can use things like Chrome debugger inside the running node process Old debugging protocol has been removed VM.run is still there but in the process of being deprecated [22:34] How like is the experimental Node API will change? Marked as experimental because it’s the first time in the open Hopefully out of experimental soon Soon can port API to the existing LTS Looking for more people to participate with the new API and give feedback Fix any concerns before it goes to LTS Some other experimental things are in the works like ASync Hooks and how it interacts with promises Renaming some features Another new feature - serializer and deserializer that comes with V8 experimental but will most likely stay [25:31] what is your standard for going to LTS? Major releases every 6 months Next Oct Node 9 will come out and then Node 8 will be LTS Documentation, updates, additions etc will be ready then Plan to do it for 2.5 years Every even releases come out to LTS as the odd release comes out Helps keeps a current line while having something new in the release line Node 6 is the current LTS version [27:26] What are you taking out or deprecating in Node 8? Use the word deprecate sparingly If many people use features, it’s hard to get rid of Security issue with Buffer, constructor argument was ambiguous Had added APIs that were more explicit over time and pushed those Now it will be deprecated [28:43] 21% - 33% Performance increase with some Node updates Someone online updated their React app to Node 8 and found an 21% - 33% increase Benchmarking group tests to make sure things are getting faster V8 is always getting faster as well Code changes fast and so there is a chance performance slows down so they have people to check Benchmark test are all automated by a team [30:47] Is it safe to just switch to Node 8? For front-end, yes clear your NPM cache Back use cases will usually wait until LTS [31:28] Where any of the features hard to implement? The API work took about a year It was a collaboration which made it interesting IBM, Intel, Google were involved The collaboration took a while Also Async hooks took at least a year. Async hooks used to be called async wraps and has been in the work for almost 3 years many of the changes were the accumulation of small chances [33:07] It’s the little things Letting people get small changes in accumulate into a big difference the product gets much better that way [33:57] What versions of Node are you actively updating? Current releases of Node 8 for a half of year Node 6 is LTS Additional year of maintenance of previous LTSs. Schedule is at http://github.com/node8js/lts in a chart Support for Node 4 with only critical updates, Node 6 minor updates, and Node 8 Node 7 doesn’t get much support unless it’s vital security supports. If you’re running 0.10 or 0.12 stop. Those do not get security fixes anymore [35:42] Where do you see things going from here? Mostly still working out Async hooks Maybe add some web worker or worker support for Node JS ES module support Working to make promises better Working on the performance profile and internal systems [20:29] What is the adoption like of Node 8? Node team gets better at getting people to adopt quickly but about 5% - 6% will not upgrade community doubles each year at 8 million users right now Here is a graph on Twitter posted by NPM Limiting breaks and softly deprecating things makes it’s easier to upgrade [40:11] How can people contribute and get involved? NodeToDo.org shows how to make contribution Occasionally major conferences have information on how to contribute Test it out and help make it stronger [42:08] If people install Node 8 and have issues what can they do? If it’s an NPM problem check with them clear cache! install newest version with: npm install -g npm@latest Report problems to either NPM or Node If you’re not sure where the problem is, check github.com/nodejs/help Links Node8 Node’s Twitter Node’s Medium Node Evangelism Group Mikael on Twitter and GitHub Arunesh on Twitter Anna on Twitter Picks AJ Overclocked Remix Super Mario RPG Window to The Stars Amiee Blogpost RisingStack on Node 8 2 Frugal Dudes Charles Homeland House of Cards Joe Shimmer Lake Mikael Blake2b-wasm Aremesh Current Nightly News
JSJ 267 Node 8 with Mikeal Rogers, Arunesh Chandra, and Anna Henningsen On today’s episode of JavaScript Jabber we have panelists Joe Eames, AJ O’Neil, Amiee Knight and Charles Max Wood and we are talking about Node 8. To help us we have special guests Mikeal Rodgers, Arunesh Chandra, and Anna Henningsen. It’s going to be a great show. Tune in. [1:56] Is Node 8 just an update or is there more? More than just an update Two main points: Improved Prana support Native API Native APIs are helpful for Native Add-ons. For both the consumer and the developer side. Prior to update these Node Native modules ran in C++ and bound to specific to Node 8 APIs. Causes these modules to be updated or reconciled every time these modules are rereleased. Creates burden for module maintainers. Creates friction in upgrading Node versions in production departments. If you have a deployment depending on a certain Native module, some of the modules may not get updated in time when updating your Node versions. Keeping people from updating Node. Creates compatibility issues with Node users not using Node 8 Experimental support for a Native layer in Node 8 to eliminate these issues as much as possible. Important milestone for the module ecosystem. You can write extensions for Node in C++ and it decouples V8 so you can use something else on the front. Modules takes dependency on V8 API specific to a particular version. So if V8 changes your module will be extracted from that. As a side benefit, you can have another VM to take advantage of that. Major version upgrades mean updating Native modules and usually some of those modules haven’t updated to the newest version of Node and be complicated. Deep dependency wise, about 30% depends on a Native module somewhere In the future, with the Native API, you’ll be able to update Node without breaking modules. [5:51] What kind of work went into this? Most of the work was in C++ First thing that was done was, they looked at the top dependent Native modules in the ecosystem. Looked for what kind of V8 exposure they had and cataloged it Looked at how these APIs and what their purposes were Looked for a way to extract them so that they are part of Node Core Created neutral APIs, now part of the Node core. All C APIs Also has a C++ wrapper to improves usability of the API. [7:17] What’s an example of what you can do with these APIs? Native modules allows for tighter integration and better module performance Specific APIs that you can use in V8 that isn’t available through JavaScript If you have a C++ variable code and you want to expose a variable into JavaScript, that is V8 API note a Node 8 API Having it bound directly to the VM was something they wanted for a long time Google controls V8 and they bind to V8 Created a better relationship with Google starting in IOJS Also worked with Microsoft with their Node Shocker work. Same with SpiderMonkey SpiderNode is in the works [9:23] Have you guys done any testing for performance? Some. There is a performance working group. There is a need to stay on top of V8 V8 team has focused on new language features Many features have been added over the years Many didn’t come in optimized The performance profile has changed with these features If you’re using new language features, you will see a performance boost In core, still tracking down code that was specific to the old optimizer and rewriting i to work the new optimizer Turbo C compiler hasn’t landed yet, but is to come. Will have a completely different performance profile In most real world applications it will be faster Waiting on the release to take a version of V8 to make it easier to upgrade features in the future [11:28] Are the new features picked up from V8 or implemented in Node? It’s all in V8 Better longterm support Promises are made better in Node as a platform Added new method called util.promisify() Implementation comes from V8 Allows for more optimization for promises in Node core Promise support for the one-deprecated domains module. [13:02] Is there anything more than NMP 5? First off, delete your NMP cache. It’s in your home directory usually with a .npm extension [14:09] What are the new features in V8? Unlimited heap sizes, previously had a 4gb limit. No fixed limit. [14:09] Will you see things like chakra come out tuned for servers? Profiles of a server for application process are getting smaller Getting cut into containers and VMs and micro services Vms that have cold boot time and run quickly in a strained environment is looking more like what we will see in the future Yes, especially if you’re using cloud functions V8 is optimized for phones, but Chakra is even more so Looking for opportunities for VMs can be solely optimized for a device target Node take advantage of that VM VM neutrality is an interesting concept VM Vendors trying to optimize it based on workloads of a server Opens opportunities for Node Node Chakra has been proved to iOS. You can cut off jitting off which was a requirement to be able to be in the Apple App Store Node is not just for servers anymore Node doesn’t take a long time configuring it When a developer runs code on an IoT or a mobile app they don’t control the VM that is bundled, they run it on top of Node and it just works. VM neutrality gives a new vector, so you can swam a whole different VM [18:44] When running different engines like iOS vs Android, does the profile change? What it comes down to is if it’s eventive programming The browser is an eventive environment, is very efficient waiting for things to happen before it does something The way that we program servers and nodes are the same as well the basics are the same generally environmental differences exist but the programming model is usually the same What does impact it is memory and processor and hardware and things like that That is where tuning the VM comes into play [20:29] What is the new Async Hooks API used for? Node has been lacking for automated inspection of Async Hook No way for Node to tell you when scheduling and beginning of an Async operation. Hook helps with that it’s a way for developers to write debugging features Node tells the application that it’s working with Asynchronous way. The embedded inspector has been embedded since Node 6 Now has a JavaScript API to use it You can use things like Chrome debugger inside the running node process Old debugging protocol has been removed VM.run is still there but in the process of being deprecated [22:34] How like is the experimental Node API will change? Marked as experimental because it’s the first time in the open Hopefully out of experimental soon Soon can port API to the existing LTS Looking for more people to participate with the new API and give feedback Fix any concerns before it goes to LTS Some other experimental things are in the works like ASync Hooks and how it interacts with promises Renaming some features Another new feature - serializer and deserializer that comes with V8 experimental but will most likely stay [25:31] what is your standard for going to LTS? Major releases every 6 months Next Oct Node 9 will come out and then Node 8 will be LTS Documentation, updates, additions etc will be ready then Plan to do it for 2.5 years Every even releases come out to LTS as the odd release comes out Helps keeps a current line while having something new in the release line Node 6 is the current LTS version [27:26] What are you taking out or deprecating in Node 8? Use the word deprecate sparingly If many people use features, it’s hard to get rid of Security issue with Buffer, constructor argument was ambiguous Had added APIs that were more explicit over time and pushed those Now it will be deprecated [28:43] 21% - 33% Performance increase with some Node updates Someone online updated their React app to Node 8 and found an 21% - 33% increase Benchmarking group tests to make sure things are getting faster V8 is always getting faster as well Code changes fast and so there is a chance performance slows down so they have people to check Benchmark test are all automated by a team [30:47] Is it safe to just switch to Node 8? For front-end, yes clear your NPM cache Back use cases will usually wait until LTS [31:28] Where any of the features hard to implement? The API work took about a year It was a collaboration which made it interesting IBM, Intel, Google were involved The collaboration took a while Also Async hooks took at least a year. Async hooks used to be called async wraps and has been in the work for almost 3 years many of the changes were the accumulation of small chances [33:07] It’s the little things Letting people get small changes in accumulate into a big difference the product gets much better that way [33:57] What versions of Node are you actively updating? Current releases of Node 8 for a half of year Node 6 is LTS Additional year of maintenance of previous LTSs. Schedule is at http://github.com/node8js/lts in a chart Support for Node 4 with only critical updates, Node 6 minor updates, and Node 8 Node 7 doesn’t get much support unless it’s vital security supports. If you’re running 0.10 or 0.12 stop. Those do not get security fixes anymore [35:42] Where do you see things going from here? Mostly still working out Async hooks Maybe add some web worker or worker support for Node JS ES module support Working to make promises better Working on the performance profile and internal systems [20:29] What is the adoption like of Node 8? Node team gets better at getting people to adopt quickly but about 5% - 6% will not upgrade community doubles each year at 8 million users right now Here is a graph on Twitter posted by NPM Limiting breaks and softly deprecating things makes it’s easier to upgrade [40:11] How can people contribute and get involved? NodeToDo.org shows how to make contribution Occasionally major conferences have information on how to contribute Test it out and help make it stronger [42:08] If people install Node 8 and have issues what can they do? If it’s an NPM problem check with them clear cache! install newest version with: npm install -g npm@latest Report problems to either NPM or Node If you’re not sure where the problem is, check github.com/nodejs/help Links Node8 Node’s Twitter Node’s Medium Node Evangelism Group Mikael on Twitter and GitHub Arunesh on Twitter Anna on Twitter Picks AJ Overclocked Remix Super Mario RPG Window to The Stars Amiee Blogpost RisingStack on Node 8 2 Frugal Dudes Charles Homeland House of Cards Joe Shimmer Lake Mikael Blake2b-wasm Aremesh Current Nightly News
JSJ 267 Node 8 with Mikeal Rogers, Arunesh Chandra, and Anna Henningsen On today’s episode of JavaScript Jabber we have panelists Joe Eames, AJ O’Neil, Amiee Knight and Charles Max Wood and we are talking about Node 8. To help us we have special guests Mikeal Rodgers, Arunesh Chandra, and Anna Henningsen. It’s going to be a great show. Tune in. [1:56] Is Node 8 just an update or is there more? More than just an update Two main points: Improved Prana support Native API Native APIs are helpful for Native Add-ons. For both the consumer and the developer side. Prior to update these Node Native modules ran in C++ and bound to specific to Node 8 APIs. Causes these modules to be updated or reconciled every time these modules are rereleased. Creates burden for module maintainers. Creates friction in upgrading Node versions in production departments. If you have a deployment depending on a certain Native module, some of the modules may not get updated in time when updating your Node versions. Keeping people from updating Node. Creates compatibility issues with Node users not using Node 8 Experimental support for a Native layer in Node 8 to eliminate these issues as much as possible. Important milestone for the module ecosystem. You can write extensions for Node in C++ and it decouples V8 so you can use something else on the front. Modules takes dependency on V8 API specific to a particular version. So if V8 changes your module will be extracted from that. As a side benefit, you can have another VM to take advantage of that. Major version upgrades mean updating Native modules and usually some of those modules haven’t updated to the newest version of Node and be complicated. Deep dependency wise, about 30% depends on a Native module somewhere In the future, with the Native API, you’ll be able to update Node without breaking modules. [5:51] What kind of work went into this? Most of the work was in C++ First thing that was done was, they looked at the top dependent Native modules in the ecosystem. Looked for what kind of V8 exposure they had and cataloged it Looked at how these APIs and what their purposes were Looked for a way to extract them so that they are part of Node Core Created neutral APIs, now part of the Node core. All C APIs Also has a C++ wrapper to improves usability of the API. [7:17] What’s an example of what you can do with these APIs? Native modules allows for tighter integration and better module performance Specific APIs that you can use in V8 that isn’t available through JavaScript If you have a C++ variable code and you want to expose a variable into JavaScript, that is V8 API note a Node 8 API Having it bound directly to the VM was something they wanted for a long time Google controls V8 and they bind to V8 Created a better relationship with Google starting in IOJS Also worked with Microsoft with their Node Shocker work. Same with SpiderMonkey SpiderNode is in the works [9:23] Have you guys done any testing for performance? Some. There is a performance working group. There is a need to stay on top of V8 V8 team has focused on new language features Many features have been added over the years Many didn’t come in optimized The performance profile has changed with these features If you’re using new language features, you will see a performance boost In core, still tracking down code that was specific to the old optimizer and rewriting i to work the new optimizer Turbo C compiler hasn’t landed yet, but is to come. Will have a completely different performance profile In most real world applications it will be faster Waiting on the release to take a version of V8 to make it easier to upgrade features in the future [11:28] Are the new features picked up from V8 or implemented in Node? It’s all in V8 Better longterm support Promises are made better in Node as a platform Added new method called util.promisify() Implementation comes from V8 Allows for more optimization for promises in Node core Promise support for the one-deprecated domains module. [13:02] Is there anything more than NMP 5? First off, delete your NMP cache. It’s in your home directory usually with a .npm extension [14:09] What are the new features in V8? Unlimited heap sizes, previously had a 4gb limit. No fixed limit. [14:09] Will you see things like chakra come out tuned for servers? Profiles of a server for application process are getting smaller Getting cut into containers and VMs and micro services Vms that have cold boot time and run quickly in a strained environment is looking more like what we will see in the future Yes, especially if you’re using cloud functions V8 is optimized for phones, but Chakra is even more so Looking for opportunities for VMs can be solely optimized for a device target Node take advantage of that VM VM neutrality is an interesting concept VM Vendors trying to optimize it based on workloads of a server Opens opportunities for Node Node Chakra has been proved to iOS. You can cut off jitting off which was a requirement to be able to be in the Apple App Store Node is not just for servers anymore Node doesn’t take a long time configuring it When a developer runs code on an IoT or a mobile app they don’t control the VM that is bundled, they run it on top of Node and it just works. VM neutrality gives a new vector, so you can swam a whole different VM [18:44] When running different engines like iOS vs Android, does the profile change? What it comes down to is if it’s eventive programming The browser is an eventive environment, is very efficient waiting for things to happen before it does something The way that we program servers and nodes are the same as well the basics are the same generally environmental differences exist but the programming model is usually the same What does impact it is memory and processor and hardware and things like that That is where tuning the VM comes into play [20:29] What is the new Async Hooks API used for? Node has been lacking for automated inspection of Async Hook No way for Node to tell you when scheduling and beginning of an Async operation. Hook helps with that it’s a way for developers to write debugging features Node tells the application that it’s working with Asynchronous way. The embedded inspector has been embedded since Node 6 Now has a JavaScript API to use it You can use things like Chrome debugger inside the running node process Old debugging protocol has been removed VM.run is still there but in the process of being deprecated [22:34] How like is the experimental Node API will change? Marked as experimental because it’s the first time in the open Hopefully out of experimental soon Soon can port API to the existing LTS Looking for more people to participate with the new API and give feedback Fix any concerns before it goes to LTS Some other experimental things are in the works like ASync Hooks and how it interacts with promises Renaming some features Another new feature - serializer and deserializer that comes with V8 experimental but will most likely stay [25:31] what is your standard for going to LTS? Major releases every 6 months Next Oct Node 9 will come out and then Node 8 will be LTS Documentation, updates, additions etc will be ready then Plan to do it for 2.5 years Every even releases come out to LTS as the odd release comes out Helps keeps a current line while having something new in the release line Node 6 is the current LTS version [27:26] What are you taking out or deprecating in Node 8? Use the word deprecate sparingly If many people use features, it’s hard to get rid of Security issue with Buffer, constructor argument was ambiguous Had added APIs that were more explicit over time and pushed those Now it will be deprecated [28:43] 21% - 33% Performance increase with some Node updates Someone online updated their React app to Node 8 and found an 21% - 33% increase Benchmarking group tests to make sure things are getting faster V8 is always getting faster as well Code changes fast and so there is a chance performance slows down so they have people to check Benchmark test are all automated by a team [30:47] Is it safe to just switch to Node 8? For front-end, yes clear your NPM cache Back use cases will usually wait until LTS [31:28] Where any of the features hard to implement? The API work took about a year It was a collaboration which made it interesting IBM, Intel, Google were involved The collaboration took a while Also Async hooks took at least a year. Async hooks used to be called async wraps and has been in the work for almost 3 years many of the changes were the accumulation of small chances [33:07] It’s the little things Letting people get small changes in accumulate into a big difference the product gets much better that way [33:57] What versions of Node are you actively updating? Current releases of Node 8 for a half of year Node 6 is LTS Additional year of maintenance of previous LTSs. Schedule is at http://github.com/node8js/lts in a chart Support for Node 4 with only critical updates, Node 6 minor updates, and Node 8 Node 7 doesn’t get much support unless it’s vital security supports. If you’re running 0.10 or 0.12 stop. Those do not get security fixes anymore [35:42] Where do you see things going from here? Mostly still working out Async hooks Maybe add some web worker or worker support for Node JS ES module support Working to make promises better Working on the performance profile and internal systems [20:29] What is the adoption like of Node 8? Node team gets better at getting people to adopt quickly but about 5% - 6% will not upgrade community doubles each year at 8 million users right now Here is a graph on Twitter posted by NPM Limiting breaks and softly deprecating things makes it’s easier to upgrade [40:11] How can people contribute and get involved? NodeToDo.org shows how to make contribution Occasionally major conferences have information on how to contribute Test it out and help make it stronger [42:08] If people install Node 8 and have issues what can they do? If it’s an NPM problem check with them clear cache! install newest version with: npm install -g npm@latest Report problems to either NPM or Node If you’re not sure where the problem is, check github.com/nodejs/help Links Node8 Node’s Twitter Node’s Medium Node Evangelism Group Mikael on Twitter and GitHub Arunesh on Twitter Anna on Twitter Picks AJ Overclocked Remix Super Mario RPG Window to The Stars Amiee Blogpost RisingStack on Node 8 2 Frugal Dudes Charles Homeland House of Cards Joe Shimmer Lake Mikael Blake2b-wasm Aremesh Current Nightly News
On this episode of 2 Frugal Dudes, we’ll be talking about reducing transportation costs. Your transportation costs are too high and it’s time to reflect on what you really need! Do you have more car then you need? Can you change your work hours? Do you know how to ride [...]
On this episode of 2 Frugal Dudes, were covering the bases of how you can start a budget! Why You Need to Start a Budget Starting a budget is the key to being successful and reaching your financial goals and other long-term goals. You need to know where your income [...]
On today’s episode of 2 Frugal Dudes, we’re celebrating the big 100 by giving away $100! Visit us at 2frugaldudes.com to sign up for the Frugal Cashmates Community. Sign up and tune in two weeks (November 7th, 2018) to see who wins! Two Years of Frugal Living: A Recap Once [...]
On this episode of 2 Frugal Dudes, we’re talking about the pros and cons of owning vs. renting. Benefits of Homeownership Owning a home can be a gratifying feeling. However, it doesn’t work for everyone, including Sean. Sean enjoyed owning but made the choice to switch to renting for the first [...]