This is the second of two posts on newlywed finances. Yesterday we talked about having your first big financial talk, managing money, and setting a budget. Today, we’re going to look at a more long-term approach to dealing with finances as a married couple. Setting Goals Before you ever get married or move in together, you [...]
We’re half way through 2008. It’s a great time to do a mid-year checkup of your financial situation. Here are a few of the topics that I like to revisit in the summer to make sure that we are on track! 1. Asset allocation rebalancing. Have you rebalanced your portfolio lately? With the decline in [...]
Ever since I can remember I’ve been a planner. Planning ahead has allowed us many rewards that we otherwise wouldn’t have gotten the opportunity for. Some of the successful planning tips we have used are: Save for college before children are born. We opened 529 plans for our future children before they were born. Before [...]
I recently discussed the five fundamentals of financial success which bases your financial foundation on preparation, planning and the relationship that money has with other aspects of your life. It’s a great concept in theory, but let’s put it into action to see if it really works. Here is how we built our finances around [...]
So you’ve got a debt? What’s the first step in getting rid of it? Let’s take a look at one of my hot-button items in our budget and work through it. In the fall we decided not to sell my car just yet. However, now that spring is almost here it’s time to do something [...]
It’s February and I’ve finally decided on our goals for the new year. Last year, outside of our main dollar plan goal I made just one new years resolution: to stop couponing. This year, I’m putting together a few more that I’d like to work on. Instead of rushing into them on January 1, I’ve [...]
What do taxes and my closet have to do with readers? They are all part of my goals before year end. Why not combine them into one goal? I’m going to match the number of readers in clothing donations!
Here’s the goals for My Dollar Plan: Offer a place for friends and family to go to get answers to their questions. I spend a considerable amount of time researching and advising people on all money matters. Because the topics often repeat and overlap, I want to point them to this site for their answers. [...]