Living for today - Planning for Tomorrow
Here’s an article that’s all over the news in Washington right now. Washington state is considering creating prize incentives for people to save money. Apparently Michigan has been trying this for the last couple years and now other states are starting to take notice. As much of a gimmick as this seems to be, I like it. There really are no losers in this in
I’m home with a sick kid today. My daughter has a 101 temp so she can’t go to school. She doesn’t feel too bad but we’ll keep an eye on her today and see if she gets better or worse. While she’s relaxing on the couch watching a streaming Netflix movie, I’m sitting here thinking about how our absurd December spending is just about a
Everybody duck!! The bank fees are coming right at you. I’m happy to report that my credit union hasn’t sent me anything telling me that my accounts will now be subject to a fee. In fact, the last thing I got from them was a notice telling me how much money they had PAID me for having accounts with them. Gotta love credit unions! http://abcnews.go.com/Business/bank-america-testing-accounts-fees/story?id=12556140
You can feel the excitement in the air. The Mega millions lottery is up to $330 million and people are buying tickets like crazy. If you win, you would receive upwards of $200 million after taxes. That’s a lot of cash. If you generated just 3% interest off of that $200 million you’d make over $500,000 a month in interest (before taxes). HOLY SMOKES. What
Just a quick note to say Happy New Year to everyone. 2010 was an okay year for us at our house and I hope 2011 will be full of opportunity, excitement and happiness. I’m not a big fan of New Years resolutions per se but I am looking at a couple of goals for 2011. First and foremost is a desire to get healthy. I
I wonder if this is a sign of things to come for public pensioners around the country. Prichard Alabama quit paying out benefits to all of it’s retirees in 2009 against state law. So far, no one has forced the city to start paying benefits again but there are lawsuits. Unfortunately a number of people have died since the benefits stopped, including the retired fire
I love reading articles like this partly because it gives me a window in to someone else’s finances but also because they often have good ideas that people can use RIGHT NOW to save money. In this article, Elisabeth Leamy helps the Gunn family from Oswego NY save over $58,000 (over time) by implementing simple changes to their spending patterns. Some of the top tips:
I was looking through our financial information this week and noticed that our college account for our 7 year old daughter is approaching $10,000. While that seemed like a decent balance for a 7 year old, I started looking at how much we’re really going to need when our daughter finishes high school. Unfortunately, it’s clear we aren’t saving enough. A conservative estimate is that
I took a few minutes to look around the Interwebs to see if I could find a consistent belief on where home prices are headed. While some people believe we are in an economic recovery and home prices will be heading up, it seems that just about the same amount of people think we have a ways to fall before we’ll see price stabilization. Yes,
Stacy Rapacon at Kiplinger put up a post about the realities that many of us Generation X and Y folks face in retirement. The younger you are, the more harsh the reality. In my case, being born in 1971, I know my Social Security benefits will most likely be reduced and delayed compared to what I have been expecting in the past. So far, I’m
