Living for today - Planning for Tomorrow
I had to blog about this article. I have a lot of feelings when it comes to living on social security because it’s what my parents are going to be doing. It can be done but it certainly isn’t ideal. If you have any debt, you probably can’t pull it off. Also, depending on how early you opt to start taking social security, you may
Never before in the history of mankind has such sophistication and effort gone in to taking your money. Companies are spending billions of dollars figuring out exactly how you think, how you act, and how to dial in your preferences so that you will buy their products. The end result is that many people spend large amounts of their time trying to figure out how
My wife and I spent a week down in New Orleans awhile back. I had heard that crime was a bit more prevalent down there than it is in the Northwest so I was on edge a bit. We had a rule that we didn’t stay out after dark because we were doing all of our walking in the French quarter, or close to it.
I found this article on Kiplinger and think it’s relevant, not just to people who haven’t turned 30 yet, but also for people who may be running a bit behind. Here are the 8 things it recommends you do: Identify your goalsStart an emergency fundPay off credit cardsStart investingEstablish creditSet up a strategy to pay off student loansTake calculated risksTravel Most of these (with the
I have been looking for ways to bring in new readers for my blog. I’m really enjoying writing the blog and love to see the traffic on the site rise. Here’s a tip:Go put in a few free ads (one in each city) in the general announcements area of http://www.craigslist.com. I’ve been seeing some decent traffic from craigslist and am hoping I may be bringing
I’m trying to put up a daily list of personal finance links that I find or that are submitted on the “MyFinanceLinks” site. There are a new round of them today. Go check them out! If you have any articles you think would fit there, send them and I’ll get them up the next day. I’m hoping to build a fairly long index of personal
I’m a big fan of http://www.fark.com. The beauty of the site is that lots of people submit interesting articles of all kinds to the site. I created another blog to allow all of us to submit interesting personal finance articles. Once a day, I’ll compile all the submissions and post them. As the blog gains popularity, more links will show up every day. So, head
http://money.cnn.com/2005/08/09/news/economy/highyield_online_savings/index.htmGreat article that talks about the online savings accounts that many of the PF bloggers are using. Competition is definitely good for the consumer in this space. It only makes sense that if they don’t have the brick and mortar to support, that they can offer more competitive rates. http://money.cnn.com/2005/08/09/pf/expert/ask_expert/index.htmA great problem to have. His 401K is maxed out, and he’s looking for new places
Here’s a place to look to see if you are giving more of your money away than you need to. How many cellular phone minutes do you have left over each month? More than 10%? You may be throwing money away. (in fact, the cellular companies count on it). No one likes to go over the minutes on their rate plan. If you do, it
I posted a reader query awhile back asking people what they thought would happen if everyone in the nation started saving 10% of their income. I wanted to repost my question and then post some of the comments I’ve received and also link to an article in the WSJ (thanks Khyron) that talks a bit about how it might impact the economy. Here is the