Living for today - Planning for Tomorrow
A couple days ago I was talking to a friend of mine. He has a VERY nice ski boat and was waxing it at the time. I think it’s about 10 years old and only has about 225 hours on it. He takes very good care of it, like he does all of his things but it still isn’t worth anywhere near what it was
In one of my other posts, I mentioned that I like to talk to and watch people that are doing better than I am financially. I have a couple really good role models that are doing VERY well. (I’m not sure they know they are role models for me. I guess I should probably tell them. I bet they will be flattered that someone thinks
There are so many choices in life that it sometimes seems overwhelming. Even if you want to make all the right decisions, inevitably you make a few mistakes. I’m probably a poster child for having good intentions, but failing to make the best decisions. I think that many of the traits we have are learned from family and friends. If you grew up in a
Anyone who really knows me, knows that I’m a big fan of cars. I always have been, and probably always will be. Due to this fact, I’ve learned a few hard lessons about how much money you can burn up with this passion. Well, I’m done making mistakes on that front. I don’t plan to “overspend†on a new car any time soon. Here is
I mentioned in another post that I wasn’t going to talk about the details around my net worth. Well, I’m not. What I have been doing is reviewing my net worth on an ongoing basis to make sure that my wife and I are headed in the right direction. Here are a few observations about our net worth: Our net worth is increasing at a
You hear people talk a lot about retiring. Most of them will tell you that they are “saving for retirementâ€. It’s funny to me that more people don’t talk about net worth in the same sentences that they are talking about saving for retirement. It’s impossible for someone to know that they are headed in the right direction for retirement if they don’t know where
Imagine a society where everyone makes enough money every month to pay all their bills and they even have some cash left over. Gone would be the endless fights between husband and wife over which bills to pay, which child they should buy shoes for, which financial crisis to address first. Couples would have to figure out something else to fight about every evening after
I used to think that everyone who had a lot of “stuff†were way better off than I was. You know those people. We all live near them. It wasn’t until I read a book called “The Millionaire Next Door†that I realized how wrong that assumption is. If you haven’t read this book, it should be the very first book you read about money.
You have got to check out http://www.cockeyed.com . This guy did some research in to all those “work from home” signs that are out there. I’m sure you’ve seen them. Anyway, it’s both entertaining and quite interesting. It turns out that pretty much all the signs lead to one company. Check it out: HERE
Well, here it is. A few days before the drop dead date to file your taxes. I’m betting that most people that haven’t filed already probably owe the government money. For everyone that is sitting on their refund check laughing about how smart they are, you might want to stop and think. If you received a large refund from the IRS this year, you may