I recently asked readers how to help my friend payoff his debt. I highlighted some of the responses in 7 Ways to Payoff Credit Card Debt. Here’s the situation that he is dealing with (see the story for all the details): Personal Line: $3,500 balance @ 15% – $7,000 limit Credit Card #1: $2,300 balance […]
We’re in vacation mode… busy packing and ready to hit the road bright and early. Usually we fly, but this time we’re driving… we’ll see how 8 hours in the car goes with a 9 month old and 2 year old. Wish us luck – we might need it! Once we get to our destination […]
In July taxes may be the furthest thing from your mind. In 10 Important Tasks for Your Mid Year Checkup I reminded everyone to assess their tax situation. Here’s a tax question that came up recently. With sky high gas prices, it could be a situation that affects many of you. Using Your Personal Car […]
We’re half way through the year. 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 […]
Last week I brought up the story of a friend that needed help paying off debt. There were lots of great responses with different ways to get rid of the debt. A recap of the situation (see the story for all the details): Personal Line: $3,500 balance @ 15% – $7,000 limit Credit Card #1: […]
Ouch! June was a rough month for our portfolio. Our portfolio decreased -6.4% in June, that brings us to 968% total increase since the beginning of our dollar plan. In addition, our year-to-date return is -7.7%. Reflections on my portfolio this month I just moved a portion of our portfolio to a CD ladder. I […]
I just moved some of our portfolio to cash. There’s a chance that we may need to access it during the upcoming year and I wanted a way to maximize the return, but avoid any risk so I have the appropriate amount of money all year. I asked on Twitter if anyone had done something […]
It’s not exactly perfect, but I found something pretty close. We just refinanced with a 5/5 Adjustable Rate Mortgage. The terms actually equate to very inexpensive 10 year mortgage if you choose to use it that way. Adjustable Rate Mortgages We previously had a 5/1 adjustable rate mortgage. I discussed our original reason for having […]
I’m horrible at organization! I get motivated all the time and clean up all my to-do lists, email boxes and papers… then I fall back into the old trap. Marc came to my rescue with How To Get Things Done in 1 Minute. I’m going to try to completely empty my inbox every day… we’ll […]
Last night I got a call from a friend looking for some financial help. He has $14,300 in debt and has a goal to be debt free by November. Before I put together a plan for him, I’d like to hear what you have to say about it! Debt Details Here are the details of […]
