About Scotty B:
I’m a San Francisco Bay Area native! I began my career in early 2000 as an IT Professional and bought my first home at the age of 21. Over the years I’ve learned how to leverage real estate by owning my house and not paying rent. This has helped to keep my monthly living costs fixed and sheltered from landlords who decide it’s time for the rent to increase.
On top of that, by owning your own home, you can be a live-in landlord to rent out a room or two to get extra money on top of it! You can use that money to either pay off the mortgage quicker or set up an emergency fund. I’ve used the money to do both!
After learning how real estate worked at such as young age, it helped launch my passion for understanding personal finance and how money really works.
When the great recession hit in 2008, it was a battle!
I battled my way through the great recession of 2008. Just before the recession officially started, I was in a secure job and thought that I had nothing to worry about. I was devastated when it all came to an end.
To make it worse, my house was under-water (I owed more on the mortgage then my home was worth.)
Luckily, I had saved up an emergency fund ahead of time because I had roommates paying me extra money every month. That gave me some extra time to float my financial obligations and mortgage payments.
I later found various temp jobs, computer freelance gigs, and made it through the end of the recession keeping my home. Since then I’ve recovered all the equity back and have a low fixed rate mortgage.
This was one of the most terrible lessons of my financial life. Since then I’ve learned a lot more about personal finance and other tips and tricks relating to financial wellness.
Launching the Money and Bills Blog
I launched my first blog in 2016 and I wrote a lot of articles relating to personal finance. So I decided to rename that blog in early 2019 to MoneyandBills.com. This site is always a work in progress; there are so many new things to learn.
My writing style is personable, with a tactical approach to talk about what happens in the world! Helping you apply concepts to your own unique situation.
My favorite self-learning quotes for conquering finance!
“Formal education will make you a living. Self-education will make you a fortune.”
………. by: Jim Rohn
“Whether you think you can or you can’t, either way, you are right!”
………. by: Henry Ford
“The greatest competitive advantage is knowledge!”
………. by: Mark Cuban
In my free time (when I’m not thinking about work or money)
In my free time, I enjoy driving my Ford Mustang GT, Sailing on the SF Bay with my friends, enjoying the outdoors, shopping at flea markets, and playing retro Nintendo video games. I also enjoy flipping items on eBay.
I update this site on a regular basis, so you’re not reading content from 100 million years ago!
Enjoy your time on the site.