How to retire a millionaire without doing much of anything
I just finished reading The Automatic Millionaire by David Bach. It's a good book. It promises to turn just about anyone into a millionaire in one easy step--if you do it right, you can make one phone...
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This week, my wife and I drove to the bank and signed some papers initiating a wire transfer to our mortgage company. Yesterday, I had the satisfaction of logging into the mortgage company's web site,...
View ArticleHow does the live-within-your-means movement apply to the current recession?
Joseph brought up some good points in the comments for the previous entry, and I don't think a short response does them justice. He wants to know what the personal finance experts have to say about the...
View ArticleDiving into real estate
You're not going to believe this. This week my wife and I applied for a mortgage. Not on our primary house. We're buying an investment property. I'm still struggling with the mortgage bit.
View ArticleDebt magic demystified
I see the repackaged debt snowball method is making the rounds again. Let’s not make this overcomplicated. You can do this. 1. Find out what you owe to everyone. That’s your car, your mortgage, your...
View ArticleJust because you can afford it now…
Today, the sermon at church was based mostly on Nehemiah 5. Nehemiah 5 talks about the ruinous financial situation of the children of Israel at the time the book was written. Check out Nehemiah 5:4-5....
View ArticleUnfinished thoughts from yesterday
I talked yesterday about what I did about my debt and why I have the attitude I have, but I didn’t talk about how to get started. The best thing to do is punch some numbers into a debt repayment...
View ArticleAnother benefit of not having debt
I’ve written about how not having debt gives you power, though I can’t find the particular post at the moment. But I remember when I got my first mortgage. I went to a party, and my boss was there,...
View ArticleI am not in jail.
The bank vice president apologized for calling the police on me. That’s neither the beginning nor the end of the story, but it seems to me that police involvement of any kind is a sign that your real...
View ArticleI didn’t cause the depression
Various analysts are blaming the current depression on people like me. The reasoning goes like this: I have money in the bank, therefore, I should be out spending it, for the greater good, to stir the...
View ArticlePaid in full.
This week, my wife and I drove to the bank and signed some papers initiating a wire transfer to our mortgage company. Yesterday, I had the satisfaction of logging into the mortgage company's web site,...
View ArticleHow does the live-within-your-means movement apply to the current recession?
Joseph brought up some good points in the comments for the previous entry, and I don't think a short response does them justice. He wants to know what the personal finance experts have to say about the...
View ArticleI didn’t cause the depression
Various analysts are blaming the current depression on people like me. The reasoning goes like this: I have money in the bank, therefore, I should be out spending it, for the greater good, to stir the...
View ArticleDiving into real estate
You're not going to believe this. This week my wife and I applied for a mortgage. Not on our primary house. We're buying an investment property. I'm still struggling with the mortgage bit. The post...
View ArticleDebt magic demystified
I see the repackaged debt snowball method is making the rounds again. Let’s not make this overcomplicated. You can do this. 1. Find out what you owe to everyone. That’s your car, your mortgage, your...
View ArticleJust because you can afford it now…
Today, the sermon at church was based mostly on Nehemiah 5. Nehemiah 5 talks about the ruinous financial situation of the children of Israel at the time the book was written. Check out Nehemiah 5:4-5....
View ArticleUnfinished thoughts from yesterday
I talked yesterday about what I did about my debt and why I have the attitude I have, but I didn’t talk about how to get started. The best thing to do is punch some numbers into a debt repayment The...
View ArticleAnother benefit of not having debt
I’ve written about how not having debt gives you power, though I can’t find the particular post at the moment. But I remember when I got my first mortgage. I went to a party, and my boss was there,...
View ArticleI am not in jail.
The bank vice president apologized for calling the police on me. That’s neither the beginning nor the end of the story, but it seems to me that police involvement of any kind is a sign that your real...
View ArticleIs it worth it to buy a house?
A lot of people will say if you are asking is it worth it to buy a house, the answer is automatically no. As a homeowner and landlord, I think the answer is more complicated than that, so I’m not going...
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