MyMoneyBlog has done some great posting about the average spending habits of people. I always find it fascinating to see how people split up their budgets. I guess it’s a bit of financial voyeurism, but it is very informative. Jonathon also had a post a few days ago that discussed this further so scroll down on his site once you get through this article.
NCN has been doing some retirement calculating, which we all should be doing. Check out his reality. I have also been doing some retirement calculating and don’t count social security either. I figure if there is anything left for me by the time I retire, that will just be icing on the cake. Frankly, I’m not holding my breath.
Suns Financial Diary discusses various savings scenarios, based on age and income. As you’ll see in his post, the older you are, the more you have to save. Compound interest isn’t kind to those who have waited too long.
You know how I love cars. David @ MyTwoDollars tells us which cars are cheapest to own after five years. I was also very suprised that the Honda Civic wasn’t on the list. I would have expected that would have been near the top since it has great fuel economy and Hondas are known for holding their value and minimizing depreciation. I was glad to see the Honda Accord on the list, since we own one.
Tricia @ BloggingAwayDebt discusses alternate sources of income. My family does a few things to pick up extra money. This blog gives us a bit and my wife also teaches piano lessons as well. It’s not making us rich, but helps pay for those extra things that pop up during the month so that we can maintain our investment goals and finish building our vacation house.