Everyone likes an instantly wealthy person. I have a special fondness for the newly rich. No, I don’t have a business proposition for you. Nope, don’t need a loan either. I just care about you and your pile of cash. I want you to be successful like my good friend Brad Duke. (okay, he’s not my good friend and he doesn’t even know me, but
What Have I Gone and Done?
If you are a long time reader of ELYM you know that I tend to make some rather “out of character” moves now and then. Usually these out of character moves have to do with automobiles. If I was smart, I think I’d just sell everything and head on over to become an Amish man or a Mennonite. At least in their culture, there is
Building A House Is Expensive
Uggggh. I just got the bill for the sheet rock. It was over $2000. That’s just for materials, delivery and staging of the sheetrock. I’ll also be having to pay upwards of $2000 to have it all hung and mud/tape/textured. I was hoping to get through sheetrock with less than $3000 in total cost. Needless to say, the wallet is feeling rather light these days.
Am I Going To Lose My House?
I don’t know about you, but the news these days is freaking craaaaaaazy. From the sounds of it, I may lose my house at any moment and have to wash dishes at a sleazy strip joint where they serve steaks for $5.99. (Because, let’s face it, no matter how bad the economy gets, guys will still go to strip joints and who doesn’t like a
Time To Spend A Little Money
My birthday is next week. I’ll be turning the ripe age of 36. While this isn’t exactly a major roadside attraction along the highway of life it is important because it’s MY birthday. :) Anyway, I stopped by my sister’s house last night for awhile and while I was there I tried out their new Nintendo WII. It’s absolutely a kick in the pants. That’s all I can
Keeping Score – Personal Finance Voyeurism
I’m going to confess something. I absolutely love to hear about other people’s finances. Why? I don’t know. I guess I’m just a competitive jerk that loves to see how I stack up. Okay, that’s not true but I do love to see how I stack up relative to others in my age category. Knowing the details of someone else’s finances doesn’t help my financial
It’s Not What You Make, It’s What You Spend
Earl Crawley earns $20,000 a year as a parking lot attendant. Even with such a small amount of income he has managed to create a nest egg of over $500,000 in the last 44 years. If Earl is not an inspiration to you then you are a lost cause. You know those simple savings tips that you read on all the PF blogs? They can
Son Won’t Leave Home
I read an article on Salon.com about a woman who’s 30 year old son won’t leave home. Not only will he not leave but he also won’t help share the costs of living there. Every time the mother brings up the fact that she really needs him to help with the costs, he blows up and gets angry. She’s afraid of making too big of
Keep That Car For 15 Years
CNN Money has an article that says you should buy a car and drive it for 15 years. They used data from Consumer Reports and cited some owners that have really racked up the miles on their cars. http://money.cnn.com/2007/08/30/autos/cr_drive_200k/index.htm?postversion=2007083113 I think I need to bookmark this article and read it once per day. I shudder to think about how much money I’ve given away over
Misc Rambling
Have you noticed the market hasn’t been doing so well lately? :) Yeah, me too. My 401k has taken a bit of a beating lately but I know that I just have to hold on for the ride. Rather than fret about the unrealized losses I’ve been seeing, I need to remember that the dips give me an opportunity to buy the same investments at