Baby Is On The Way – Time To Start Planning: Link Roundup

April 30, 2010
Baby Ultrasound

Over the past few months I’ve alluded to it here and there, but my wife and I are currently expecting our first child (you can see our baby in the ultrasound pictures above!).  The due date is July 8th, and we couldn’t be more excited to become parents for the first time. Before I formed [...]

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How Many Bank Of America Customer Service Reps Does It Take To Close An Account?

April 29, 2010
Bank of America Account Closing

A while back I talked about how my wife and I were looking to close out our account with Bank of America because the rate of interest that we were receiving on our money was not very good, even in today’s market with low rates across the board. Our account had a paltry .50% rate [...]

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The Choices We Make Have Consequences. Change Your Life One Decision At A Time

April 28, 2010
Great Achievers Are Responsible

I was reading a new book that I received in the mail yesterday called, “8 Attributes of Great Achievers“, written by Cameron C. Taylor.  The book examines the lives of famous historical figures and gives light to attributes that they shared that helped to make them successful in life.  It’s a great read that I [...]

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Should Your Finances Be In Order Before Having Children?

April 27, 2010
Finances and Children

You might be surprised by my response to this question.  But in general, I don’t think you should plan having children around your finances or financial situation.  In other words, I do not think finances have to be in order to have children. Now I know there are some exceptions in which a child couldn’t [...]

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Early Retirement: Important Rules To Remember

April 26, 2010
Early Retirement

Many people I talk to would love to take early retirement. What they typically mean is that they would love to retire early from their current occupation, live off retirement savings and find a hobby or passion to pursue and maybe make some income from in their later years! Early retirement is definitely possible, and [...]

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The New $100 Bill Design Adds New Security Features

April 23, 2010
New 100 Dollar Bill

It was announced this past week that the Department of the Treasury will be issuing a new redesigned $100 note on February 10, 2011. It has been overhauled and has been updated to include a ton of new features to help thwart counterfeiters. Over a decade of research and development went into its new security [...]

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Ten Things You Should Know About Taking Early Distributions From Your Retirement Plan

April 22, 2010
Early Distribution

During tough times like these a lot of people are running into situations where they may h ave to take an early distribution from their retirement plan to help pay for bills, a home mortgage or some other expense.  While it’s not typically something you should probably do, in some cases it’s unavoidable.  Today I [...]

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How To Mitigate Retirement Investment Risk

April 21, 2010
Retirement Investment Risk

I recently received a financial advertisement in the mail that mentioned some retirement investment risks I thought were pretty good to keep in mind.  Along with each were some practical tips in mitigating the risks, or ways to make them less severe. Before discussing a few of these risks, lets first look at the nature [...]

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Should You Use A Roth IRA For College Savings?

April 20, 2010
Roth IRA For College Savings?

We are coming up on graduation season and the focus on college will be starting soon. There is a lot of confusion about which college savings plans are the best to save for college. It’s never too early to start looking at college funding for your children – even if there is one on the [...]

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Where Is All My Money Going?!?!

April 19, 2010
Overspending

At some point in our lives I think we ask this question. Where did all of our money go? What in the world could we have spent it on? We should have plenty left over at the end of the month! Discovering the root of overspending can be a difficult endeavor. After all, we’re busy [...]

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7 Lies About Money That Can Kill Your Financial Future

April 16, 2010
Lies About Money

Over the past few years through writing for this blog and helping to facilitate Dave Ramsey‘s Financial Peace University class I’ve heard a lot of misconceptions that people have about money. These are beliefs and ideas about money that people hold deep in their psyche that tell them how they should approach money. They help [...]

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Do You Really Have To Sacrifice To Get Out Of Debt?

April 15, 2010
Hard Work And Sacrifice

In my experience, people who get out of debt do so primarily through hard work, sacrifice, and persistence. In fact, I think the road to the debt free life is built by the hands of sacrifice. Why Must You Sacrifice To Get Out of Debt? Since sacrifice involves giving up something, I’m going to say [...]

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Should You Convert Non-Deductible IRA Contributions To A Roth IRA?

April 13, 2010
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Oh what a great year for debate on Roth IRA’s and Roth IRA Conversions! Roth IRAs are a great tool for building up retirement savings, but some things have changed for conversions. 2010 has ushered in some new Roth IRA rules -here’s what you need to know about the 2010 Roth conversions. I recently received [...]

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Bundling Internet, TV and Phone: Is It Worth It?

April 12, 2010
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Most people have heard about the option of bundling such services as TV, phone and internet together under one provider to save money each month.  There are even websites dedicated to helping you find a bundled package in your area. Bundling has been an increasingly new way to find savings on such services and ways [...]

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