Comments on: Financial Lessons From Engineering

By: Career Lessons from Dating «Budgeting In the Fun Stuff

Career Lessons from Dating «Budgeting In the Fun Stuff — Wed, 07 Jul 2010 11:05:33 +0000

[...] is a guest post from Engineer Your Finances. If you enjoy this, you may also want to check out Financial Lessons From Engineering and Financial Lessons from Running, which follow this theme. I also enjoy posts by Fin Engr [...]

By: Fin Engr

Fin Engr — Mon, 14 Jun 2010 05:14:06 +0000

@ Forest:

HA – loosing some, all, or ANY of the pieces can be troublesome. Much of what I talked about with MBA Briefs, there are are endless parallels to personal finance – if you’re just willing to look for them!

By: Forest

Forest — Sun, 13 Jun 2010 10:09:47 +0000

Engineering certainly has many parallels with the world as a whole…. When all the pieces of the puzzle comes together you complete the puzzle …. Just have to hope you don’t lose some pieces!

By: Friday Acknowledgements April 2 2010 — Dividend Monk

Friday Acknowledgements April 2 2010 — Dividend Monk — Fri, 02 Apr 2010 12:07:25 +0000

[...] Engineer Your Finances presents financial lessons from engineering. [...]

By: Matt @ Dividend Monk

Matt @ Dividend Monk — Tue, 30 Mar 2010 21:01:50 +0000

I studied electrical engineering. I find that engineering of any type is a good base for financial knowledge because both are intensely analytical, mathematical, and detail-oriented fields.

By: Fin Engr

Fin Engr — Mon, 29 Mar 2010 22:49:47 +0000

@ Matt.

Whoa! Welcome to the club, what field? Ha – the benefit/curse of “special interest”. I’ll definitely be checking out your site to help support my own

Whatever one’s field, there’s always lessons to be drawn into other aspects of our lives.

By: Matt @ Dividend Monk

Matt @ Dividend Monk — Mon, 29 Mar 2010 22:34:06 +0000

Good post.

I’m an engineer that’s interested in finance as well. I think I’ll link to this post in my upcoming Friday link post in the Yakezie section.

Keep it up!
.-= Matt @ Dividend Monk´s last blog ..How to Read My Stock Analysis Reports =-.

By: Fin Engr

Fin Engr — Sun, 14 Mar 2010 02:14:02 +0000

@ Daddy Paul. Thanks for commenting, confused as to the tone.

Starting in reverse order…

Can’t comment on Ike given my age, but can add that I agree there has been an intellectual pacification of America. Why stress your brain when you can make millions doing something only a trained monkey could do? We aggrandize these professions that add little value to our cultural betterment.

Frustrating how often solar is touted as the solution when efficiency is horrible right now. Since 2000, its increased from about 20% to 35% (if I remember the numbers correctly). People also don’t realize that it is a source to point technology and storage of the energy is a whole different beast.

My last point (your first point) is where I am confused as to the tone and where we also disagree. Implementation isn’t as simple as waving our hands. A classic ethics example is the Challenger, were the engineers notified their superiors of the faulty components but were over-ruled by management.

An easier example is roads. Between asphalt and concrete, concrete beats out asphalt on performance and longevity. But because of the higher initial costs, many local governments opt for asphalt knowing they will have to replace potholes and what not in the near future.

There are always societal, economical, and political factors that contribute to the ultimate decision.

By: Daddy Paul

Daddy Paul — Sun, 14 Mar 2010 01:24:18 +0000

Engineering can solve many of today’s problems. It is the will to implement these ideas where the failure lies. An example of a problem we have is oil. There have been problem with the oil supply for years. We have lacked the will to do little about the problem. 40 years after the first oil embargo the first electric car is finally coming out of Detroit. Compressed natural gas vehicles are rare and if you have one try filling it! There are people who think that solar energy is the answer to the problem. Most people would be very surprised to find out the area of a baseball diamond in solar panels will only produce the energy of about 5 gallons of gasoline a day. I remember President Eisenhower telling we the people of the USA to become more technologically literate. While we have come a long way ole Ike would be disappointed. .-= Daddy Paul´s last blog ..Health Savings accounts fund your future =-.

By: Fin Engr

Fin Engr — Wed, 10 Mar 2010 06:38:55 +0000

@ Young & Thrifty:

Thanks for stopping in! Always excited to get “out-of-town” visitors

As we’ve read about the US, UK, Dubai, and Greece – financial matters are of INTERNATIONAL concern.

Alas, I’m not optimistic :/ We’ll probably instate financial education about the same time we switch to the metric system.