This is a follow-up to a previous post, 529 Plans: Another Way to Save. The day after posting I opened an Oregon 529 plan. Thus far, things have been working great. I’m automatically deducting $25 from my checking account the 15th of every month, an amount I barely notice.
Even though my portfolio is down 10.6% [...]
Archive for the ‘Personal Finance’ Category
529 Plan, Revisited
Posted in Personal Finance, tagged 529 plans on July 14, 2008 | Leave a Comment »
One of my favorite blogs
Posted in Personal Finance on May 26, 2008 | Leave a Comment »
I love reading the “Millionaires In the Making” blog on cnn.com ( LINKY ). I really enjoy reading this blog not only because it is great to see others who are on a similar financial track as myself, but also for the simple yet informative advice at the end of each post. Again, the advice [...]
Simple, yet good foundational advice…
Posted in Personal Finance on May 19, 2008 | Leave a Comment »
I stumbled across this article this evening as well. The article does not offer any revolutionary advice, but we should always keep that retirement carrot dangling out in front of us. I know I do. Squirrel away some money now, and hopefully retire well beyond my planned date of 2033. =)
http://finance.yahoo.com/focus-retirement/article/105110/Answers-to-5-Burning-401(k)-Questions;_ylt=Aupfrozzhz3×3SUln7.nvq67YWsA?mod=retirement-401k
Get a credit card, now, and use it ‘wisely’!
Posted in Personal Finance, tagged credit cards, credit score, Personal Finance on April 8, 2008 | 2 Comments »
A few friends have asked me about my thoughts on credit cards. It is a love hate relationship, however, when used wisely credit cards can be your friend. Yes, read that one more time, credit cards CAN help your current credit score. How is this possible you wonder? Well it is important to understand your [...]
529 Plans: Another Way to Save
Posted in Personal Finance, tagged 529 plans, college savings, oregon college savings plan on April 7, 2008 | 1 Comment »
Recently I’ve been considering ways to save beyond my Roth IRA, workplace 401k, and stock brokerage account (which I don’t consider to be “savings”). In addition, I have a “high yield” savings account with Emigrant Direct, and a Prosper account too (which I’m currently pulling my funds out of). I also have adequate emergeny savings.
What other [...]
Are you born to be a Billionaire!?
Posted in Personal Finance, tagged Billionaire, Entrepreneur on March 7, 2008 | Leave a Comment »
I stumbled across this article today, and I thought it was an interesting read. Rather than just appling this to becoming a ‘billionaire’ you can also apply these rules to most entrepreneurs.
… a ravenous appetite for risk
… a deep passion and a point of view about the future
I think that most young entrepreneurs like [...]
High yield savings accounts – not so high yield anymore
Posted in Economy & Markets, Personal Finance, tagged high yield savings, Investing on March 7, 2008 | Leave a Comment »
Logging into my Emigrant Direct account today I noticed, to my dismay, they had once again lowered their yield on the American Dream Savings Account – now down to 3.30%. Yikes! It looks like HSBCDirect is still holding at 3.55%, but I except their yield to drop quickly as well.
I have to admit, it’s a [...]
