In When Does the 0% Credit Card Really Expire? I stated that we had $58,980 on my American Express card. If that’s just one card, how much do we have total? And why?
$223,270. Yes, you read that correctly. However, it’s all at 0% and accounted for. It is actually making and saving us money! It [...]

Posted December 9, 2007 in Advanced, Credit cards, Debt | 24 Comments »

This is the second post in a series about millionaire status. Read about the first one here: Millionaires in the Making: Pros and Cons.
The million dollar number is often set as a personal goal for many people. Has anyone ever gone the other way and made it to the dark side of a million? Could [...]

Posted November 20, 2007 in Advanced, Debt, Millionaires | 4 Comments »

CNN Money hosts a section on their website called Millionaires in the Making. Once or twice a month they highlight a family that is well on their way. (Or sometimes not so well.) The articles disclose salary, debt, savings, and budgets for the highlighted family.
What makes people want to give out all this information? Let’s [...]

Posted November 11, 2007 in Advanced, Debt, Millionaires | 3 Comments »

I recently covered how to open a 529 college savings plan. I revealed that we have multiple plans for our children. We currently have six accounts in five different states. Here’s a summary of which states we have an account at and why:

Posted November 6, 2007 in Advanced, College savings | 2 Comments »

For today’s Dollar-a-day challenge I closed a savings account that was originally opened at a mutual bank. Since that bank has converted I can move the money elsewhere where it will earn interest at a more competitive rate.
Getting in on stock initial public offerings (IPOs) is rather difficult. Mutual bank conversions, however, provide a unique [...]

Posted November 1, 2007 in Advanced, Investing | No Comments »