Living for today - Planning for Tomorrow
You know how I love reading about the trials and tribulations of lottery winners. Brad Duke is the example of someone that knew how to turn his lottery winnings in to a life long investment. Unfortunately most other people aren’t that successful with their winnings. Take Rhoda Toth as an example. She won $13 million 18 years ago and has long since gambled and spent
I just discovered the next movie I want to see. It’s called IOUSA and is a documentary about the massive debt we have in our country and what the long term implications are. It isn’t being released on a large scale but I was able to find some theatres near me that will be showing it. Here is the link to the official movie site:
If you’ve been reading ELYM for any length of time you’ll know I’m a big fan of credit unions. I use one for all of my banking needs and have always been 110% happy with it. As I’ve been reading about all the drama with many commercial banks and lending institutions I started to wonder how my credit union was doing. All I needed to
About 6 years ago my wife just had to have a bread machine. We looked around for quite awhile and finally settled on a machine from Costco. The smell of fresh bread baking in the kitchen was quite a treat. Never mind that those first loaves cost us far more than just buying a loaf at the store. I think my wife had the desire
I have been having a terrible time knocking off the 20 pounds I really need to shed. For the last year or so I’ve been creeping up on the scale and all my clothes are getting rather uncomfortable. Every time I drop a few pounds, the clothes start fitting better and I give up, only to put the weight back on quickly. I had been
For the first time in a long time, we spent the weekend at home. We decided about a week ago that we were long overdue for just taking it easy and staying home on a weekend. We had absolutely nothing on the agenda for the entire weekend which was both good and bad. My wife would call it a good thing. She’s much more comfortable
The time has finally come. Our little girl is growing up and is entering kindergarten this Sept. While I am feeling many emotions ranging from fear of the unknown to happiness that my daughter is growing up, I also feel a bit of excitement that we’ll be seeing a very large expense reduced. For the last couple years we have been paying over $800 per
Congratulations to Frugal Zeitgeist for paying off her NY apartment. She managed to do it in 6 years, 7 months and 3 days with no huge financial windfalls. She took the route of sacrificing a few things along the way and applying everything she could towards the mortgage. I noticed that she refinanced a couple years in to a 15 year 5.125% mortgage which also
This weekend I was driving down the road when I noticed a reader board outside a small town bank. The message on the board said, "Increase your summer fun with a home equity loan". Really? In 2008? The sad thing about this is that I’m sure someone will take that message and borrow money to make their summer more fun. I was hoping that people
Interesting article that talks about the total net worth of the US and then divides that by the price of oil. It turns out that 400 billion barrels of oil would buy the entire US. Saudi Arabia and Iran have just enough proven reserves to cover it. http://articles.moneycentral.msn.com/Investing/Extra/HowMuchOilItdTakeToBuyTheUS.aspx If only oil wasn’t such a valuable natural resource and we had other alternatives. Oh, and then