5 Personal Finance Spring Cleaning Things To Do Now
Posted on May 7, 2007 - Filed Under 401K, Financial Planning | 7 Comments
They always say spring is the time to clean up anything you have been neglecting over the past year. Everyone gets so busy now that we frequently procrastinate on some of the most important items. Here are five important spring cleaning things to do now for your personal finances:
Eliminate Private Mortgage Insurance (PMI). If you […]
Read More..>>7 Net Worth Killers
Posted on May 4, 2007 - Filed Under Net Worth, Financial Planning, Spending | 1 Comment
CNNMoney.com recently had an interactive feature that denoted the seven major net worth killers. These are larger than just buying that extra cappuccino or new shirt. Included in this lists are major choices that if not addressed can deteriorate financial well being especially during life transitions such as graduating college, starting a family, or entering […]
Read More..>>The Spending Diaries
Posted on May 4, 2007 - Filed Under Income, Spending | Leave a Comment
New York magazine recently had an introspective look at spending among six New Yorkers from varying degrees of income. First, the feature starts out with the grad student living on 20K, then the junior professional on 50K, the mid-career fund-raiser on 150K, the investment banker on 700K, and finishes with the trader and his wife living on over one million. […]
Read More..>>A Financial Meltdown Deconstructed
Posted on May 4, 2007 - Filed Under Financial Planning, Saving, Income, Spending | Leave a Comment
The Simple Dollar recently posted about his immediate reactions after coming to terms with the fact he had to change his spending habits and financial situation. By properly educating yourself and spending some time understanding where all your money is going, decision making will become much more clear to correct mistakes.
Read More..>>Rental Property War Stories
Posted on May 3, 2007 - Filed Under Rental Property, Financial Planning, Investing | 2 Comments
I have a few friends with rental property and I always enjoy hearing war stories that inevitably come from owning and then renting it out to perfect strangers. For all the good, quiet tenants there are crazy, loud tenants to offset them. I have not yet had the good fortune to own a rental property, […]
Read More..>>How To Dispute Any Item On Your Credit Report
Posted on May 3, 2007 - Filed Under How To, Credit Repair, Credit Report, Credit History | 2 Comments
Credit bureaus collect billions of pieces of information every month. Lets just say for example they have a .01% error rate, even though its probably higher. That translates to millions of mistakes each month. Bottom line is we all need to be responsible for ensuring our credit report is as accurate as possible. Below I am going to […]
Read More..>>Reducing Homeowners Insurance If Property Decreases In Value
Posted on May 2, 2007 - Filed Under Insurance, Home Savings, Unexpected Expenses | Leave a Comment
A question was posed today at work: If a home is worth less now than it was a few years ago (unlikely situation, but possible) can money be saved by reducing homeowners insurance to reflect this?
Answer: Most likely not. Homeowners insurance is replacement value, not market value. There should be enough insurance to rebuild your […]
10 Energy Saving Home Improvements
Posted on May 1, 2007 - Filed Under Energy Savings, Home Savings, Spending | 10 Comments
My girlfriend and I have made a hobby out of improving our house. We live in a small, ranch style house built in 1958. The house is structurally in great shape but is in need of updating and serious maintenance. We are a regular visitor to Home Depot and Lowes often consulting knowledgeable employees and window shopping all the […]
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