Living for today - Planning for Tomorrow
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
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
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
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
I had some free time yesterday so I decided to do a little window shopping. Why? you ask. I just don’t know. I haven’t wandered the aisles of stores in months. I figured I’d just kill a little time. As I headed towards the local shopping district I was amazed at the sheer number of cars on the road for a Sunday afternoon. It almost
I don’t know what the deal is lately but I find myself yearning for stuff. Unfortunately it isn’t cheap stuff either. In the last week I have been looking at: -A new laptop -A new desktop PC -A GPS unit -Granite counters for the lake house -A different truck I definitely don’t need a new laptop. No question about that. If I end up buying
Great news. I received a letter in the mail today from Countrywide home loans. Apparently they’ve done the math for me and I could be paying less every month for my mortgage by switching to a 40 year loan. Here are the benefits that they listed: -Lower your monthly payments -Consolidate or pay down higher interest debt -Get cash to do the things you want to
I know this is probably starting to sound repetitious but we spent the weekend out at the lake working on the house. We were able to complete the siding over the deck (cedar peak) which I’ve been wanting to do for quite some time. We also got the heat pump delivered and I wired it in. In the next couple weeks we’ll have the company
I’m back out working on the cabin. I decided to take a couple days off this week since the weather is so nice. I’ve got a few things lined up to get completed on the cabin. I’ve asked the heating company to come out tomorrow and finish the install of the heat pump and fire the system up. I have run the wiring out for
Yeah, I know. You aren’t supposed to care what other people think. When I see pictures like the one below though, I often wonder what the rest of the world must think. Looks like Materialism at it’s finest. Bling bling! I can only imagine how much those wheels and tires cost. They probably cost more than the whole car is worth. But, if they bought