Obviously a lot of factors come into play. Yes, many places require $3000 or so
to even get into the fund. And the performance of the last 10 years sucks. I'm
not current enough to know specifics of where to do it, but if you can get an
index fund and stay in there for 20+ years (kid's
What I did was list my various debts and amounts owed and APRs, etc..
You have 2 options, attack the highest APR ones or lowest amount owed.
I had 3 credit cards, all around 9% APR, a truck that was 20K 0% APR,
Car that was 12K and 8% APR
The truck payment is 450 a month, the car is 212 the
Erica, are you referring to this:
http://www.amazon.com/Complete-Tightwad-Gazette-Amy-Dacyczyn/dp/0375752250
we're saving for an eventually forced career change for me (the
company I work for was bought a couple years ago and we're down to the
wire an supporting existing apps) and if it helps
Greg,
You just described what Dave Ramsey calls the 'Debt Snowball'.
I was amazed at how effective it was in knocking down debt quickly.
On Mon, Mar 21, 2011 at 8:21 AM, Greg Morphis gmorp...@gmail.com wrote:
What I did was list my various debts and amounts owed and APRs, etc..
You have 2
It was amazing but also tackling it like that, it was rewarding..
seeing the 1 less bill, I even wrote a little ColdFusion app to hold
all the payment info, the bills, etc.. seeing each less bill, watching
the total amount owed and total monthly debt shrink made me feel
great.
On Mon, Mar 21,
That's the one! It's not earth shattering stuff, just common sense
approaches to a lot of little things in life that eat at money without you
realizing it.
She and her family do some off the wall things, but most of the tips,
resources and adjustments they make and give are awesome. There's a
On Mon, Mar 21, 2011 at 8:41 AM, Greg Morphis gmorp...@gmail.com wrote:
It was amazing but also tackling it like that, it was rewarding..
seeing the 1 less bill, I even wrote a little ColdFusion app to hold
all the payment info, the bills, etc.. seeing each less bill, watching
the total
It really just gave me an excuse to geek out with SQL and CF.. and
customize the hell out of it storing every trip to the store, gas
station, night out, etc. I can tell you how much money we spent on gas
in 2009, or at Walmart, or was labeled Entertainment, or Medical and
what percentile that ate
We've dumped all credit cards. If we need something like one, we'll use a
debit card (which is almost as bad). Everything should be as much cash and
carry as possible. If you see the money in your hand and then not, it has a
huge psychological effect. But watch out when a check comes in and the
On Mon, Mar 21, 2011 at 10:01 AM, Greg Morphis gmorp...@gmail.com wrote:
It really just gave me an excuse to geek out with SQL and CF.. and
customize the hell out of it storing every trip to the store, gas
station, night out, etc. I can tell you how much money we spent on gas
in 2009, or at
On Mon, Mar 21, 2011 at 9:52 AM, Erika L. Rich elr...@ruwebby.com wrote:
That's the one! It's not earth shattering stuff, just common sense
approaches to a lot of little things in life that eat at money without you
realizing it.
Not available on Kindle... :(
-Cameron
..
I've been tracking my finances like that for over 40 years and I still
have all the records. It's kinda fun sometimes to see exactly how
much I spend on various items. Books and music are by far my biggest
discretionary expense over the years. Another really interesting
trend is how much less
You don't want this one on the kindle. I forgot to mention that.
This is one you want as a real book. It's huge and I bookmark many pages,
leave it open for a few recipes, go back to reference it every once in a
while. It belongs in an easily accessible spot. :)
On Mon, Mar 21, 2011 at 10:20
Take a look at Dave Ramsey, he has several books and a program called
'Financial Peace University'. He has some great ideas about tackling
Glad to hear his strategies are working out for you. I've been
reading some of his materials as well as Suzy Orman and others to get
different viewpoints.
Two really good Blogs for this are Get Rich Slowly
http://www.getrichslowly.org/blog/feed/ and The Simple Dollar
http://feeds.feedburner.com/thesimpledollar
Thanks for the suggestions, I'll check those out.
-Justin
~|
Order
On Mon, Mar 21, 2011 at 10:37 AM, Erika L. Rich elr...@ruwebby.com wrote:
You don't want this one on the kindle. I forgot to mention that.
This is one you want as a real book. It's huge and I bookmark many pages,
leave it open for a few recipes, go back to reference it every once in a
while.
Message-
From: Justin Scott [mailto:leviat...@darktech.org]
Sent: Friday, March 18, 2011 4:39 PM
To: cf-community
Subject: Going at my debt with a murderous rage...
I've finally decided that I've had it with being in debt and trying to do
whatever I can to get rid of it. Selling books, cutting
[mailto:leviat...@darktech.org]
Sent: Friday, March 18, 2011 4:39 PM
To: cf-community
Subject: Going at my debt with a murderous rage...
I've finally decided that I've had it with being in debt and trying to do
whatever I can to get rid of it. Selling books, cutting the family budget
I could easily pay off the
truck but with 0% APR, why?
If you pay off the truck, you could put those payments into an interest bearing
savings or mutual fund. Better to earn at 8-12% than pay off at 0%.
I vote for Dave Ramsey too. His Total Money Makeover book describes the steps
from getting
The best savings I can find is around 1.2%, the money needs to stay
available to me for worst case scenarios.
1.2% is almost not worth it.. it'd be around a hundred a year maybe?
On Mon, Mar 21, 2011 at 1:02 PM, Matt Williams mgw...@gmail.com wrote:
I could easily pay off the
truck but with 0%
On Mon, Mar 21, 2011 at 2:02 PM, Matt Williams mgw...@gmail.com wrote:
If you pay off the truck, you could put those payments into an interest
bearing savings or
mutual fund. Better to earn at 8-12% than pay off at 0%.
Actually, you have that backwards. If you DON'T pay off the truck you
WHERE are you getting 8-12% ???
On Mon, Mar 21, 2011 at 2:02 PM, Matt Williams mgw...@gmail.com wrote:
Better to earn at 8-12% than pay off at 0%.
~|
Order the Adobe Coldfusion Anthology now!
WHERE are you getting 8-12% ???
I'd like to know as well so I can throw money at those places when the
debts are paid down. One place I have a small amount of money parked
(initially invested $300) is prosper.com, a private-source lending
service. You can deposit money there and allocate
Take a look at Dave Ramsey, he has several books and a program called
'Financial Peace University'. He has some great ideas about tackling
debt. My wife and I are using some of his ideas right now and it makes
a huge difference.
Be warned, he can get a bit preachy about religion, but, to me, it
if the
Government Shutdown actually happens)
Sandy
-Original Message-
From: Scott Stroz [mailto:boyz...@gmail.com]
Sent: Sunday, March 20, 2011 9:10 AM
To: cf-community
Subject: Re: Going at my debt with a murderous rage...
Take a look at Dave Ramsey, he has several books
On Sun, Mar 20, 2011 at 9:10 AM, Scott Stroz boyz...@gmail.com wrote:
Take a look at Dave Ramsey, he has several books and a program called
'Financial Peace University'. He has some great ideas about tackling
debt. My wife and I are using some of his ideas right now and it makes
a huge
The Tightwad Gazette.
NO. You don't follow every tip that is in it.
But read it cover to cover, and make sure there aren't any areas left you
might be able to cut back in.
Saved my ass several times. Still does. :) Even if it seems we lived a
charmed life ... it's because of frugal choices I
: Going at my debt with a murderous rage...
I've finally decided that I've had it with being in debt and trying to
do whatever I can to get rid of it. Selling books, cutting the family
budget with a chainsaw, putting all expenditures under the microscope,
and even selling the car that I'll be making
Does it involve UV lighting and hydroponics?
^_^
hee hee hee
On 19 March 2011 15:13, Scott Raley sra...@itc-llc.com wrote:
Email me off list and I'll tell you what we've been doing because I've had
a
lot more debt than that and have cut a huge chunk of it out in 6 months.
Basic rules:
10% of your income to your my debt
10% to savings
At the moment, if I did only 10% to debt we'd be in hot water pretty
quickly. We're pushing about 36% out in debt service every month at
the moment. If I can sell the car we're paying on that will knock it
down to 28% (better,
took us nearly 17 years to pay off wife's student loans. luckily i dropped
out early due to loose women and fast party's.
we pay 1/2 our income on our house. its too much for what it is, but i like
it.
my honda civic takes up another good chunk of change.
never had a credit card but do have a
I've finally decided that I've had it with being in debt and trying to
do whatever I can to get rid of it. Selling books, cutting the family
budget with a chainsaw, putting all expenditures under the microscope,
and even selling the car that I'll be making payments on until the end
of time
There is an excellent book called The Richest Man in Babylon that
gives advice on how to handle money. I have to lived by the rules
for very long time and it has served me well.
Basic rules:
10% of your income to your my debt
10% to savings
There are some good programs that will let you
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