Keeping Finances Simple – Two Wonderful Illustrations
February 7, 2007
Managing and understanding personal finances seems a daunting task to many people. The truth is you don’t have to be a money genius to keep your financial ship trimmed; you simply have to follow the basic principles. This often means being able to ignore many of the terms and confusions the financial industry has introduced […]
New Personal Finance Indexes – PBH30 & BFP60
February 7, 2007
One of the challenges we face in today’s information age is sorting out content that is relevant and useful to us. There are many tools for this in investing world, every major finanical website has both free and paid fund or stock screening tools. What about a screening tool for personal finance information? Personal Finance […]
How To Save Up To 50% On Your Cell Phone Bill
February 4, 2007
Do you spend more than you’d like on your cell phone bill every month? I felt the same way; here are some tips I used to cut this monthly expense in half! Get a Discount I take advantage of a group discount through both my employer and my insurance company. These combined discounts add up […]
How to Get the Stuff You Want for Almost Nothing
February 1, 2007
One of the best ways to fit big purchases into your budget is to simply ask for some help. If you know there is a big ticket item that you want or need in the future put it on your wish list. Next birthday or Christmas when someone asks what you’d like for a gift, […]
Stop Comparing Your Finances With Others. Five Financial Ratios To Keep You On Track.
January 31, 2007
Get Rich Slowly recently told Flexo’s story of how he’s become the Chief Financial Officer of his own life. Flexo tracks his finances with the same financial statements that businesses use, net worth and income/expense worksheets. Financial Ratios So as the CFO of your own life, how can you measure your financial progress against other […]
Applying eBay Profit Models to Personal Finance
January 30, 2007
Why do we shop on eBay? Oftentimes it’s because the price is right. A common business model on eBay is to sell a large amount of products at a low price. This low margin, high volume business model can also be applied to our personal finances. The Pennies Add Up Think about how many financial […]
Lazy, Forgetful, and Careless Ways to Lose Money
January 29, 2007
We work hard to earn our money and grow our net worth. Watch out for the silly mistakes listed below to help avoid losing your money. In each case, a simple act can save you lots of cash: Mistake: Leaving your curling iron or iron plugged in. Cost: Bye-bye house. Mistake: Backing up without looking […]
RecycleBank Pays You To Recycle! Save Money While Saving The Environment!
January 28, 2007
A company called RecycleBank will give you credit (RecycleBank Dollars) at participating vendor stores when you recycle paper, plastic, glass, tin, and aluminum. Once you sign up with RecycleBank you place your recyclable items in a bar-coded recycling container that is read when the truck picks up the “trash”. Each item earns a certain number […]
Personal Finance Advice and Politics
January 25, 2007
Checkout the latest edition of the eFIPO podcast over at “Finance and Politics for the new generation”. Jeremie from eFIPO and I got together last night to talk about money and the new government in Washington. Setting An Example I applaud Jeremie for his hard work in keeping the younger generation engaged and informed on […]
Our Personal Finance State of the Union Address
January 24, 2007
My wife and I enter into 2007 with great “hope and opportunity”. We recently added a new member to our family and our lives have been redefined thanks to his amazing entry into this world. Our purpose is now to provide a wonderful home for our growing young son. Our thoughts have turned to parenthood […]
