Invariably, every few months, we get a wave of posts talking about “what would you do if you won $x,xxx,xxx?” Or, what you would do with a smaller windfall. And invariably, a majority of the people talk about how they would save the money. And in some cases they are right. But, most of the [...]
Inevitably, you’re going to screw up. You’re going to make a mistake and it’s gonna cost you. If you’re lucky, it’s only going to cost you a few dollars or a bit of bruised pride. If you’re not so lucky, it could cost you much more than that. Let me tell you a little secret. [...]
In the midst of spending 5 straight days remodeling our kitchen, our good friend Murphy’s Law decided to show up. My father came over for the long weekend and helped. Without him, the remodel would have probably been a disaster. But, that’s not where Murphy comes into play. One evening, after we had supper, we [...]
I’ve been thinking about this for quite some time, but today’s post from DoughRoller with A Dead Simple Alternative to CD Laddering was the icing on the proverbial cake. And I think that DoughRoller is right. Or at least, what DR says is in line with what I’ve been thinking too. Here’s the basics. A [...]
Just what is reactive personal finance? It’s the management of your personal finance in reaction to events or situations as opposed to the management of personal finance in anticipation of events or situations. The best example of this is a budget. A budget is built and held to in anticipation of events in your financial [...]
Here and on other PF blogs, you’ll hear us all talking about the need for a well stocked emergency fund. And, unless you have one, you likely don’t know that we aren’t just saying that because we think we should. They really do have the benefits that we claim they do. These last couple of [...]
