Everywhere I look I see opportunities to spend money. Some of them are tempting, but many others are not. Certainly we all have needs and wants. Recognizing how the “wants” can hurt you financially is a huge step in the right direction. Here are my top 10 ways to waste your money and after those 10, we’ll look at what you could have done with
I was talking to a friend of mine and she was saying that she and her husband were trying to decide whether they should try to pay off their house in five years or not. They currently have a 15 year loan and have an excess $3K plus per month that could be used to pay down their mortgage. They also have a couple of kids that are
Becoming financially fit can be challenging. But consider this: Marathoners get up early on the weekends and run multiple miles, sometimes in the rain, skipping the breakfast buffet and Bloody Marys. Makes reaching financial fitness sound totally doable, doesn’t it? So in honor of the Seattle Marathon today, we offer 26.2 tips that work well both for running and personal finance See the whole article
It’s week three of the new schedule at our house. Things have been going well, but I’ve been expecting that sooner or later I’d need to take a sick day to stay home with our daughter. Today was the day. It just doesn’t make sense for my wife to stay home with her at this point. She is only “temping” and doesn’t get any paid
I officially hit the 5 year mark at my company today. Amazingly, I started at this company two months before 9/11. I never thought I’d see the 5 year mark! I have watched my pension “accrued” benefit rise each month for the last 5 years but always felt a bit of anxiety because, right next to the amount of my future payout, were the bold
I have to admit I wasn’t as impressed with the latest “Millionaire in the Making” series on CNNMoney. I do think I need to cut these folks some slack because they are doing better than a lot of people. I think that changing careers in their 40’s and not coming to the realization that saving/investing was so critical when they were young probably plays in to
Well, as some of you may have noticed, I took down the details of our net worth. I did this for a couple reasons. I decided that I didn’t want to put that level of detail out any more and not long after making that decision, a few of my friends discovered this blog. Don’t get me wrong, I’m not ashamed of where our net
I was reading a comment on My Open Wallet and it got me to thinking. What does good money management mean to you? As I’ve talked to people that have struggled with money I never realized that their definition of good money management and mine were completely different. My definition of good money management is that you have a plan, you know how much money
One thing that I’ve been doing is trying to learn more about stocks. I have a friend of mine who damn near seems like Warren Buffet. He learned his skills from a family member and has shown me some amazing stocks. I’m not someone who just wants the latest stock “tip”, rather, I’d prefer to understand how to find the stock myself. So, over a
Keep saving. If you don’t save enough, you could wind up butchering meat in your garage and then get fined for food safety violations. I’m guessing this couple probably should have saved a little more over their lifetime. Being elderly and running a butcher shop out of your garage just doesn’t sound all the appealing. I think I’ll go transfer a bit more money in