Author Archive
Posted in February 20th, 2008
Tips for taking a home inventory
1. Do a room at a time. Break up the job into smaller parts so that it doesn’t seem so daunting.
2. Make sure you list items and serial numbers. Serial numbers are important if the item is stolen. The police can get the item back to you. Pictures of the […]
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Posted in February 19th, 2008
Things to know when selling your car:
1. Clean the car thoroughly. How would you feel buying a dirty car with junk inside it and without it being cleaned inside and out.
2. Set a price by checking the local newspaper, and Kelly Blue Book. I usually go a little higher to give myself some negotiating room.
3. […]
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Posted in February 18th, 2008
Here is an interesting Article on someone becoming homeless by choice and overcoming adversity.
Excerpt from the article:
The effort, he says, was inspired after reading “Nickel and Dimed,” in which author Barbara Ehrenreich takes on a series of low-paying jobs. Unlike Ms. Ehrenreich, who chronicled the difficulty of advancing beyond the ranks of the working […]
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Posted in February 15th, 2008
CNNMoney has some good Financial tips for couples:
1: Get your own credit history
2: Consider disability insurance
3: Combine the best 401(k) features
4: Streamline your savings
I think that getting your own credit history is a great idea. My wife just purchased a car and she used her credit to get the car which will in turn help […]
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Posted in February 13th, 2008
So, your ready to start investing. You have your high interest debts paid down (or off) and you have your emergency fund setup that can pay for 3-6 months worth of expenses.
Dollar-cost averaging is a simple concept. You invest fixed dollar amounts on a fixed time schedule regardless of price into an investment.
An example […]
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Posted in February 11th, 2008
When you need your money short term, think in terms of a money market. You can make some interest and still have access to your money when you need to. These types of accounts are great for emergency funds.
Checkout the rates in your area:
Bankrate
Checkout this blog for rate information:
Daily Banker
I currently have a money market […]
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Posted in February 8th, 2008
A week after the House of Representatives passed their version of the economic tax stimulus package, the Senate has passed their own modified version. The Senate version is very similar to the House version, differing mainly in the extension of the tax rebate to low-income seniors and disabled vets.
Freemoneyfinance.com has a good article regarding how […]
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Posted in February 8th, 2008
You want to retire some day and you would like to have 1 million dollars to do it. Here are some calculations of what it would take at ages 25, 35, 45 and 55 from Kiplingers Magazine.
If you start saving $286 per month at age 25, assuming an 8% average annual return, you will have […]
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Posted in February 7th, 2008
My accountant called me the other day and requested our paperwork. I currently own 3 businesses and it is a real chore getting all of the information together for the IRS.
Tax Tools:
H&RBlock
Turbo Tax
MSN Money Tax Tools
For Business:
I have to do a an inventory for 1 of my businesses which takes at least 8 full hours […]
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Posted in February 6th, 2008
Just purchased a new car for my wife.
We had been looking at a Toyota Matrix and a Honda Fit Sport.
The Toyota Matrix gets 25 mpg city and 31 mpg highway.
The Honda Fit gets gets 27 mpg city and 33 mpg highway, although the window sticker says it is higher. These numbers are from Kelly Blue […]
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