My personal journal to reach $1,000,000 in Total Net Worth. Watch as my everyday actions compound into greater and greater results. Slowly, but surely, I will win the race. More →
One of the hardest thing to do when trying to manage a budget is learning how to cut back on expenses. It can seem to be the most painful thing to do, but recurring expenses or even one-time expenses that happen every time, can add up very quickly. These are my personal tips on how [...]
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If you are writing off moving expenses, you’ll need to know ‘What Are Moving Expenses?’ that qualifies for a tax deduction. You’ll have to pass two tests in order to qualify. Keep reading to find out more about moving expenses.
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I want my emergency savings to last me at least 6 months of living expenses if I lose my job or am unable to work. I calculated it by adding my rent, eating. and living expenses. Of course if I do lose my job, I will cut down on living expenses, but I wanted to [...]
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I have paid off all my credit card debt and can proudly say I have no more credit card debt! It feels good. Find out how I did it!
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Prioritizing is important when involving your finances. Your next paycheck and either go towards that new $600 watch you want or to pay off some credit card debt. The logical thing to do is to put that money towards the debt and don’t incur any more debt. The main problem is some people choose to [...]
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I had my ’6 Month Living Expenses – Emergency Fund’ account in my TD Ameritrade account, but I wanted to find something that yielded more than 0.25% APY. With such a low APY, I would probably be losing money if inflation rates were higher than that. With the inflation rate at 2.2% in April 2010, [...]
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..so freakin bad. Travie McCoy’s music video for ‘Billionaire’ featuring Bruno Mars from his album, Lazarus
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I hate credit card debt. I hate it with a passion. It is basically highway robbery. I’ve never been in credit card debt for the 10 years or so that I’ve owned credit cards. I got in some business with people I shouldn’t have fully trusted and ended up in credit card debt of about [...]
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Here are my recurring monthly expenses: (Groceries and Gas are estimates and the groceries estimate does not include dining out) Rent: $800 Groceries: ~$200 Gas: ~$200
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Brokerage Account #1: $15,000 Brokerage Account #2 $40,000 ($21,000 in Roth IRA) 401(k): $20,000 Brokerage Account $3: $2,500 ’6 Months Living Expenses’ account: $1,400 Credit Card Debt at 0% Interest: -$3,300
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