Archive for the 'Financial Management' Category

An Idea I Would Love to see Happen

Wednesday, May 4th, 2005

In the comments for my post of a review of The Automatic Millionaire, I came to realize that it would be a wonderful thing if there was an organization that went to local schools and gave talks on money management.
I remember in high school that every once in a while we would all be carted [...]

Investing in your Employer

Thursday, April 28th, 2005

There is some good advice over at All Things Financial about holding stock of your employer (found via the aggregator):
The point of all this is the importance of having a balanced approach when saving for retirement. Don’t fall in love with your company’s stock. It could end up being a fatal mistake for your retirement [...]

Book Review - The Automatic Millionaire

Tuesday, April 26th, 2005

Last weekend I found myself in an airport shop in Salt Lake City, halfway home from San Jose with a 2 hour flight ahead of me. I had learned from the previous leg of the trip that the plane I would be flying on featured so little room that using my laptop was out of [...]

Happiness Doesn’t Buy Money

Thursday, April 7th, 2005

There’s an interesting discussion happening over at Neville’s blog.
He wrote a post about his ideal income. In it he quoted one of his commenters who said: “The first $50,000 is tougher than the last $5 million.”

Great quote. Multiplying money is always easier when you have options.
Then he made an interesting statement:
I am more proud [...]

Lego My Ego!

Wednesday, April 6th, 2005

There is nothing wrong with the occasional “splurge”. You eat out because you’re tired, you buy the nicer shoes instead of the rattier ones (justifying that they’ll last longer) or you get a few extras when you buy a new car. Heck, you may even go so far as to get a flat screen TV [...]

Take Meticulous Notes

Tuesday, April 5th, 2005

Not much time today for a big post because of deadlines approaching, but I thought I would give one piece of advice: take meticulous notes.
I’m mainly talking about notes when dealing with others, especially on the phone.
I used to work in an inbound call center for a cell phone company, and I can tell [...]

When Free Money Isn’t Really Free

Thursday, March 31st, 2005

The gent who writes “You’ve Been Haacked“, a technology blog, recently encountered a telling truth: free money isn’t always free, even when the bank promises you it is. Repeatedly.
His story is located here. In it, he describes what happened:

We received one of those offers where we can take a $10,000 loan for 6 months with [...]

My Get Rich Slow Scheme

Thursday, March 24th, 2005

Since we’re all being open and honest here, I thought it’d be good for me to lay out where I’m at and where I’m heading. I have a family (2 little boys). I am self-employed (I co-founded InsideBlogging). Currently my net worth, including everything, is around 10000$ which puts me above more than 80% of [...]

Jetsgo Shows Credit Blows

Friday, March 11th, 2005

The recent overnight collapse of Canadian discount air carrier Jetsgo just goes to show that some people don’t learn their lessons. Everyone’s talking about the collapse.
The irony is that in spite of obviously knowing they had issues, Jetsgo continued to hire, advertise and buy new jets. All on credit. The collapse left nearly 20,000 people [...]

Quicken XG vs. Quicken Cash Manager

Thursday, March 10th, 2005

For a while now I’ve been wanting to get a tighter reign on my finances by better tracking my expenses. I had an old version of Quicken from several years ago but I figured it would be a good idea to get into something more recent. So I headed to my local software shop to [...]