This is a GREAT movie to watch. It’s an interesting view in to the very rich people in society. I believe you can also find it on Netflix:
Update On Our Finances
Well, it’s been a crazy and hectic summer around our house. We decided to make it even more hectic by refinancing our house as well. I mentioned it previously but now it’s finally complete. I’m still shaking my head at how much documentation they required from us. We have a credit score in the 800’s, have been at the same jobs for many years and
Number One Tip for Personal Finance in Your Forties
I turned 40 last year and, while the milestone was a little hard to swallow, I think I’m finally finding my “40’s groove”. It’s amazing how fast life happens. It seems like yesterday that I was sitting in a college dorm room with only a few dollars in my checking account thinking about whether I had enough for a takeout pizza and a six pack
Have You Checked Your Retirement Account Lately?
If you haven’t already done so, now would be a good time to check your retirement accounts to ensure they are balanced appropriately and that you are contributing as much as you can. The maximum contribution amount for 2012 is $17,000 and if you’re 50 or older, you can contribute up to $22,500 to your retirement account. I have tried to keep our contributions maxed
America Saves Week
Have you seen this great website for “America Saves Week”? It has a ton of great information about saving and I especially liked reading about people who have started saving and overcome their financial problems. Here are some great highlights of the site: Saver Stories: http://www.americasavesweek.org/read-savers-stories Assess Your Savings Progress: http://www.americasavesweek.org/assess-your-savings-progress Are You Saving Enough for Your Retirement: http://www.choosetosave.org/ballpark/ Mortgage Payoff Calculator:
Bank of America Freezing Pension Plan
In what is becoming a very commons occurrence in the US, Bank of America announced that it will be freezing it’s pension plans for existing employees starting in July. This means that worker’s pensions will only pay out whatever they’ve accrued until July. After July, Bank of America will start adding an additional 2-3% to their 401K matching for workers. http://money.cnn.com/2012/02/23/news/companies/bank_of_america_pension/ I have to admit,
A Quick Look At Our Income Vs Expenses
Lately I’ve been spending some time looking over our budget to see if we have any areas that we can shave our expenses and I thought I’d summarize a few key data points. We have always strived to minimize our expenses for things that don’t matter to us. The result has been that we don’t have much of what I’d call “leakage” to our monthly
How to Keep Your Money (Listen Up Lottery Winners)
I will confess that I really like Business Insider. Their latest article that caught my attention was a pretty long set of instructions on how to keep your money after winning the lottery or making millions as a professional athlete. It won’t be a surprise to most of you that it simply requires spending less than you make and creating a revenue stream from the
A View of Our Net Worth by Assets
I was looking at one of the spreadsheets I use to track our budget and net worth and thought maybe people might be interested to see how our net worth breaks down. While I’m not showing our exact net worth (we did just hit a major milestone), this gives you an idea of the assets we have that make up our net worth. It won’t
Here Is a Picture Of Everything Gary Busey Owns
There seems to be a trend lately. (Okay, I guess this has been going on forever). First we read about Allen Iverson being broke after making over $150 million. Now we are hearing that Gary Busey is broke too. In fact, it turns out most of us are much richer than Gary. A broke college student’s net worth probably beats Gary Busey’s net worth. Buzzfeed