While doing this new budget, I was extremely impressed by the tools provided by the credit card companies. They have made the budgeting process so much easier that you no longer need to spend hours and hours trying to figure out where your money has gone. All of them provide spending by categories and dates, …
Usually I do a monthly review on my networth, but I have been too busy to do this (and anything else). So I will just keep this short as a quick update. So what has happened to my net worth (from Feb 14 closing to Dec 31st 2007 closing prices)? Bad news first. First, let …
Before getting into different insurance products, first of all, we all know that life insurance companies are not non-profit organization. That mere fact simply means that on the average (almost like gambling), you are likely to lose from buying the life insurance than gaining from it (at least financially). However, there are rules, assumptions, and …
Life changes rarely happen alone. I mentioned here the birth of my daughter in February. My mother-in-law has been staying with us since then. However, she’s leaving next week. After some long discussions, my wife and I decided that I’ll be the one staying at home to take care of our daughter for a couple …
For the month of March from 3/1/07 to 4/1/07, Net worth is up by 3.28%. Value of my company holdings (stock options, ESPP, etc.) is down by 5.35% partially due to my liquidation. Everything else excluding my home and cash is up by 4.54%. If including cash in #3, it’s up by 3.46%. My portfolio …
In Part 1 I laid out the basic question we’re trying to address: Since the money inside a 529 plan grows tax-free, is there a break-even point, beyond which it’s more advantageous to invest in a 529 plan than in a regular taxable account even after paying penalty. I showed that the tax advantage of …
After many thoughts about this home, the sticking point has really been the second-rated school district (but still better than probably 85% of the schools in California). Despite that the performance of a school district changes year from year, I just can’t make myself commit to it. However, one really positive point about that home …
This article is from Frugal Duchess. She writes a weekly column in Miami Herald, and had been a stringer for People Magazine. In the past, she worked at Institutional Investor’s newsletter division in Manhattan, covering IPOs, M&As and LBOs, CMOs and the rest of the financial alphabet. I hope you will enjoy her frugal tips …
Muffin Calculator: Little Savings That Goes For A Long Way Read More »
You may not want to clip coupons, or you may not go to discount stores. But at least, you should follow these two effortless saving tips that will save you big money in the long run: Earning interest from idle cash: Open an Emigrant Direct Saving account at 5.15%, or HSBC or Capital One accounts …
What can you do with $10? There is not much that I can suggest, not meaning to be cynical. I suggest two things: Put the money in a very high yield money market. Buy a cheap book or subscribe to a financial magazine to learn more about investing. Truthfully, you should forget about investing, and …
