Posted by Heidi on July 1st, 2008 in credit cards, debt, saving
I just finished calculating my second quarter net worth, and I’m less than pleased with the numbers. As you can see, my net worth has actually decreased since first quarter end.
Here’s how my mid-year financials have shaped up:
Q1 & Q2 2008
12.30.07
3.31.08
6.31.08
$ ∆ QE
$ ∆ YE
Total Debt
268,162.17
265,553.60
263,747.75
-1,805.85
-4,414.42
Credit Card Debt
17,050.40
15,669.88
14,298.95
-1,370.93
-2,751.45
Savings
1,709.07
7,330.96
9,393.00
+2,062.04
+7,683.93
Net Worth
-40,517.00
-26,860.00
-31,928.00
-5,068.00
+8,589.00
There are a few of things going […]
Posted by Heidi on May 21st, 2008 in debt, frugal, retirement, saving
I don’t typically write reviews of other people’s articles, but I came across this New York Times piece by Ron Lieber today, and I feel that some of his points should be discussed. Mr. Lieber offers the five following basic financial principles:
1. Investing is Simple
The best way to score big points with me is to […]
Posted by Heidi on April 30th, 2008 in Entrepreneur, career, debt, loans
This is a guest post from my partner, Matt. Matt is a former photographer - and while I did not know him when he was an entrepreneur, I have enjoyed the stories about his ill-fated venture greatly. I thought I would share the text from a piece that he did as a design student with you.
My […]
Posted by Heidi on April 20th, 2008 in debt, fitness
My partner and I are members of an informal cycling club. We were introduced to the gang last spring through a woman at my work, and we’ve been hooked ever since. We only manage to make it to about a third of their planned rides (they typically meet twice a week), but we always have […]
Posted by Heidi on April 3rd, 2008 in credit cards, debt, loans, saving, student loan debt, track expenses
The first three months of 2008 have been kind to me. Things started out rough in January, but in mid-March I received my annual bonus as well as a nice little tax refund, so on the whole, this quarter has been a good one. Since the end of the year I have fully funded my […]
Posted by Heidi on March 27th, 2008 in banking, debt, household spending, saving, track expenses
About a month ago I signed up for the beta version of Quizzle, Quicken Loans’ free financial aggregator that provides users a snapshot of their personal financial situation, including home value. Quicken Loans is providing consumer access to Quizzle free of charge as a way to become the “top-of-mind” mortgage lender and capture additional mortgage […]
Posted by Heidi on March 25th, 2008 in debt
I financed my home purchase two years ago with a 5-year ARM at 5.8%. It was a good deal at the time, and I figured that I wouldn’t be in the house for more than five years, so it made sense.
Two years in, it looks like we may stay put for a little while. I […]
Posted by Heidi on March 9th, 2008 in debt, loans, saving, student loan debt
I spent most of last week at a banking conference in Chicago. It was one of the better industry events I’ve attended in the past couple of years. The panel of speakers included representation from every sector of the financial services market, from a key analyst at Goldman Sachs to a former President’s chief economic […]
Posted by Heidi on February 26th, 2008 in About BankerGirl, credit cards, debt, frugal, household spending, saving, taxes, teaching, track expenses
I don’t balance my bank accounts in the traditional sense - and I don’t follow a strict budget. I realize this flies in the face of most financial advice, but it works for me. Instead, I pay myself first (direct deposit into my ING savings account), and access each one of my checking accounts online […]
Posted by Heidi on February 20th, 2008 in debt, household spending, retirement, saving, student loan debt, teaching
A recent post by JD at Get Rich Slowly and some of the comments of my last post got me thinking about what it means to be “poor”.
On Feb 11, JD linked to this list on Whatever, a blog by John Scalzi. When I was young, my family didn’t have a ton of money, but […]
