Taking A Look Back At 2009

We saved about $9,000 in our savings account for various different projects and emergency fund money. Success! I built my IRA back up to it’s original amount after losing about half of it in 2008. Success! We paid off about $6,000 in debt. That’s a failure for us, we had wanted to do about $10k to $15k. Didn’t max out ...

Analyzing the 75/25 Method As A Debt Reduction Plan

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Tonight, I participated in a personal finance chat on Twitter with the hashtag #bp, which stands for Budget Pulse, which is the company that hosts the chat at 7pm on Wednesday nights. This was only its second week, and there were dozens of participants, so you should definitely join next week!

To follow the conversation, follow the ...

New Eyes

The real voyage of discovery consists not in seeking new lands but seeing with new eyes. - Marcel Proust

The single most important element of personal finance is patience. Financial independence isn’t built in a single day – it takes many years of consistent, patient work to build the foundation necessary for money success. Whether you choose to take the ...

Help Yourself, Not The Economy

empty-pocket

There is a tug of war going on over your money right now.  When you sit down and think about it, you know that you should save your money, pay off your debt and provide for your future.  Unfortunately there are other forces coming after your money.  Not only do you have to deal with the regular advertisements that do ...

Savings Bonds as Interest-Earning Travelers Checks

Savings bonds

By Philip Brewer

Remember travels checks? In the days before ubiquitous automated teller machines, they were a useful product. You could use them almost like cash — but you could carry more than you’d feel safe carrying in cash because if they were lost or stolen you could get them replaced. Well, savings bonds have all ...

Conduct a Financial Fire Drill

Station Fire over La Canada Flintridge

Think back to elementary school, can you remember how many times your school had a fire drill? They were never announced ahead of time, the bells just rang, everyone got up, lined up, and left the building in an orderly fashion. Everyone knew what they were supposed to do because it was scripted ahead of time. No one panicked because ...

Saving Money in Five Minutes Flat

fiveminutes

Are you saving your money for a rainy day, but feeling as if you are always struggling to get ahead of the financial storm? You are certainly not alone. Prepare your financial umbrella with this quick, no nonsense guide to saving money in five minutes.

- * First and foremost, stop making excuses because no excuse is good enough for ...

The Money Diaries: The 30-something Scrooge member who’s starting to automate his finances

iStock_000005494243XSmall The Money Diaries: The 30-something Scrooge member who’s starting to automate his finances

7 comments — written on October 12th, 2009 (13 hours ago)

Today is another post in the Money Diaries series, which is based off New York Magazine’s Sex Diaries. We’ve collected stories from real people about their spending habits over seven days, anonymized them, and posted them here.

This week’s ...

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