Living for today - Planning for Tomorrow
I’ve been lightly following Nicolas Cage’s money problems over the last few months. It’s always a little bit surprising to see someone who has clearly made many millions over his lifetime deal with such large financial problems that he’s forced to sell many of his assets. When you look at the assets that he has acquired, it starts to become pretty clear why he’s in
I apologize for the lack of posts lately. I’ve been very busy at work making sure that I keep my spot on the competitive “large institution” roster. There has been a ton going on at work and it’s only going to get crazier as we end the year. On the home front things are smelling rather porkish. We knew it was only a matter of
The New York Times has an absolutely top notch interactive feature that lets you look at unemployment rates for various demographics. While I sometimes find myself getting a bit stressed at how high the unemployment rate is, when I punch in my age, sex, race etc, I find that my unemployment rate is 3.9%. While that makes me feel a bit more at ease for
I find this absolutely alarming. Over 60% of students getting free or reduced lunch across the country? WOW! http://www.mynorthwest.com/?nid=11&sid=227970
In a sign that people are getting even more desperate, more and more people are visiting psychics with financial questions: More putting economic worries in hands of psychics, astrologers In the article the psychic talks about some of the questions she has been getting. They include: “Am I going to be fired?”, “Do I need to do a short sale on my house?”, “When am
I was talking to a frugal friend of ours a couple days ago and the subject turned to computers. I was shocked to learn that they had a Mac in their house as opposed to a PC. The reason I was shocked was because this family is VERY frugal. They live in a very modest house, carry no debt and minimize their spending more than
I had a fascinating conversation with a friend of mine today. Okay, maybe not fascinating but I always enjoy talking to others about personal finances and this friend of mine, who we’ll call “Billâ€, is never shy when it comes to sharing his financial situation. Between he and his wife I’d estimate that they make about $175,000 a year. You’d think that would mean they
No matter how hard we try these days, we seem to keep spending money on major purchases. If you recall, we recently had to put a new roof on our house to the tune of $13,000. That hurt, but luckily we had been budgeting for that for quite some time and were able to pay cash, like we do for everything else. After that major
It’s been a little over two and a half years since my parent’s house caught fire and my father passed away. In that time my mom has slowly gotten over the loss. I can’t remember if I ever mentioned when she was able to return to the house but it took a little over 8 months to finally get her back in. The good news
Laura over at Consumerism Commentary put together a good post about paying your mortgage off early. Most of her post talks about paying a mortgage off in 15 years but she also mentions that any extra you put towards the principle saves you interest. I completely agree. We recently refinanced our house and opted for a 30 year fixed loan at 4.875% interest. Just dropping