I just spent a little time reading some of my past posts on this site. It’s amazing how much has changed since I began this endeavor, and yet much remains the same.
I still have credit card debt, but I’m making progress towards eliminating it, and I paid off one of my student loans earlier this […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]