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 […]
Due to the current market conditions (Aside to new readers - I work as a marketer for a Fortune 500 financial services firm), I’ve been putting in some pretty long days at the office over the couple of weeks. That hasn’t left much time for wedding planning or blogging.
This is what I’ve been up to […]
While tooling around the inter-web this morning I came across this CNN Money headline:
“Think You’re Saving Too Much?”
Personally, I don’t think that a 38-year-old with a $59,000 income could possible save “too much” for retirement, even with a pension benefit. I’m not saying he should live the life of a pauper now in order to […]
“Retirement” seems to have a much different connotation than “financial independence” within the world of personal finance. In my opinion, a true “retirement” seems a long ways off, however, the goal of ”financial independence” seems to be within reach for most (especially the frugal among us) - but even after all of the debt is paid off and savings has […]
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 […]
If you’re nearing retirement age and panicking about the fact that you don’t have enough saved to enjoy a comfortable retirement, you’re not alone. Generally, those between the ages of 50 and 65 are in denial about how much they’ll really need to have saved to maintain their current lifestyle after they retire, and much […]
Here are the “answers” to the acronym quiz.
If you want to sound like a banker or financial services professional, get to know these well. The trick is being able to use them without sounding like a complete jackass. I was actually in a meeting the other day and said, “I want to see the CBA […]
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 […]
-9.89% is the “Personal Rate of Return” on my 401(k) since the first of the year. Here is how that number was calculated according to my plan sponsor:
The basic formula used to calculate personalized rate of return is called the Modified Dietz method. Modified Dietz is a common way to evaluate a portfolio’s return using time-weighted […]
One of the responsibilities included in my full-time job is to set deposit rates for my financial institution. On days like today, I wish I managed pricing on the asset side of the balance sheet. As I type, HELOC owners everywhere are rejoicing in the Fed’s 0.75% rate cut. Individuals with certificates of deposit (CDs) maturing in the next […]