Posts filed under ‘Saving and Investing’
6 Money Matters to Stop Worrying About
I’m not a huge fan of Suze Orman. In fact, not much of one if I’m being honest. But, her latest feature in O at Home was one of the few Orman tidbits I can’t argue with. Simply put, it’s the soundest advice I’ve heard from her in a long time. Here’s how the article starts: (more…)
Measure twice, cut once
I came across a blog this morning run by a twenty-something soon-to-be-graduated college student. He wrote a great post on what he currently does with his money and outlines some of his post-graduation plans. It’s rare to come across a 20-year old who thinks about money management let alone investing. He asked for some suggestions and advice on how he could do things differently, so I offered a few suggestions. I thought this might help someone else, that’s why I’m posting my recommendations here. (more…)
Car repair update: prognosis not good
In a previous post, I mentioned that we were taking our car in for repair. It’s had an oil leak for quite a while, and it’s just getting worse. We dropped it off last night so the mechanic could have all day today to work on it. But, late this morning, we got a call that we weren’t expecting. (more…)
Another car repair, another dollar
We’ve had to replace the brakes on our car in the last few months, and now, we’re about to spend a bit more to fix an oil leak that’s been getting worse as the days go by. We’ve been told that it could be either a gasket, which would run about $60-$70, or the oil intake, which is substantially more. (more…)
We’ve made a decision to stop our debt snowball — temporarily
To be honest, it wasn’t a hard decision to make. Currently, we have about $30,000 left in two student loans. We’ve been attacking mine aggressively, since mine is the smallest with $9,000 remaining. In fact, we planned on having it paid off by August. But, things have changed. (more…)
Mutual funds run by insurance companies aren’t very good
Don’t take my word for it, that’s a key line in an article on SmartMoney Magazine’s most recent issue titled When Insurers Don’t Protect You. It’s hard to argue with one of the nation’s leading financial magazine’s, and I’ve said the exact same thing about how poor the earnings are in mutual funds included within an insurance product. Let’s dig in. (more…)
4 questions to get and keep you on track with retirement
If you can’t answer yes to these 4 questions, you’ve got some work cut out for you. (more…)
Life insurance is a bad investment product
I’ve always looked as life insurance as a replacement for income lost if I die. But, some folks also see it as a means of investing for retirement. Most insurance agents will push any type of life insurance that will benefit their pocket book while convincing customers that it’s a ‘good’ product. I couldn’t disagree more. I like to keep my insurance and investments clean and separate. Looks like Money Magazine senior editor Walter Updegrave feels the same way. (more…)
529′s and 7 money mistakes to avoid
A couple of articles and features in the July 2007 issue of SmartMoney magazine caught my interest. I thought some of the information would be useful for others so I wanted to share. (more…)
