Hello, I’m Mr. Widget and welcome to Engineering Cents! I have a BS and MS in Engineering and have been an engineer in industry for over ten years. In addition to engineering, I also have a passion for personal finances. This passion really started to gain momentum after I met my wife, Mrs. Widget (yes, she agreed to the name). Transitioning from a life of only having to worry about myself to one where I had to think about a family really motivated me to change my approach to how I was handling the many different financial aspects of life.
Many situations in life only require common sense to know what decision to make in order to avoid negative consequences. Unfortunately, common sense is not enough when making important financial decisions, this is where we must go beyond and use our Engineering Cents!
You don’t need to be an engineer by trade to use your Engineering Cents. All you need is a willingness to learn and an open mind when facing any financial decision. Many times in engineering and in life it is difficult to overcome our own bias, after all people are a factor of their own upbringings and experiences. By overcoming some of these, we can make objective decisions based on facts and the variables that apply to us. In many situations there is no right or wrong answer, so decisions must be made to ensure the most optimal outcome for our individual circumstances.
My vision for this blog is to apply an engineering approach to life’s financial situations. As an engineer, I have been trained to gather all relevant facts and viewpoints prior to making any big decisions. Mistakes in engineering occur all the time; engineers are humans after all. The key focus is to learn from the mistakes so they are not repeated. My posts will detail the many different financial aspects of life that I have encountered so far, in the hopes that others may learn from and comment on them. I look forward to hearing from you all so that I may learn from you and gain new perspectives on things I may have missed or haven’t experienced yet.
I have been thinking about starting a blog for a while now and am excited to finally get a site up and running. I’m starting at a time where there is a lot going on in our lives as Mrs. Widget and I recently welcomed Baby Widget. I figured starting when there is already a lot of demand on my time will make things easier in the future, sorta like doing a 12 mile training run when you have a 10 mile race coming up. I can remember thinking back in college that it would be interesting to have a forum to capture my thoughts as I navigated through life. My hopes are that when Baby Widget grows up they will be able to learn from some of the mistakes I have made.
Hope you enjoy the blog!