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Month: July 2015

Financial Tip Friday: Let’s Talk About Umbrella Insurance

Financial Tip Friday: Let’s Talk About Umbrella Insurance

It is nice to be back to this blog. Over my little vacation I was actually inspired to write a number of new posts based upon conversations with some friends and colleagues. More of those will be coming in the next few weeks. I have noted several times on this blog that I like to listen to different financial programs. I will listen to Dave Ramsey, Bob Brinker, Ric Edelman, and some local shows here in the New England area….

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I’m Taking A Few Days Off

I’m Taking A Few Days Off

I know that the readers of this blog are waiting with bated breath for a financial tip friday segment. The truth is I have been busy all week just trying to get through work and help Mrs. ROB clean up our house before we have some friends of ours arrive. They get here later today and we are heading up to Maine for the weekend. So I am taking a mulligan on this one and hope to offer a financial…

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New Debt Payment Goal

New Debt Payment Goal

On Monday I reported that I had just completed a milestone: I had paid off half of my personal loan in about 15 months. I have paid off about $12000 in about 7 months. Now I don’t think I can keep up that kind of pace. I was able to make larger payments because I taught an extra course and I have some extra monies come in over the summer, which allowed me to jump start my debt payoff even…

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A Debt Payoff Milestone

A Debt Payoff Milestone

I have made it no secret on this blog how I want to be out of debt as soon as possible. I throw every extra dollar that I can at some level of the debt. So far I have made some pretty good progress. In earlier post I noted how I was back on track and ready to meet my goal of paying off 10% of my total debt by the end of the year. All of that is still…

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Financial Tip Friday: 50 Money Tips From Learn Vest

Financial Tip Friday: 50 Money Tips From Learn Vest

Every week I try to find an article or two that will inspire me to maybe write a blog post. Most of the time those articles are about different experiences people will have with money. And there are a ton of personal finance improvement articles out there. But because this week I have fully admit I have not been in the blogging mood as much and I think this article is great I thought I would share it with you…

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Potentially Refinancing Our Mortgage

Potentially Refinancing Our Mortgage

I fully admit that I think about personal finance a lot. I spend probably about an hour or so a day or more thinking about ways to pay off my debts faster, pay off our house faster, extra jobs that I could do to earn extra money to pay off debt, etc, etc. My newest idea has been exploring the idea of refinancing our mortgage. Before I explore this idea further here is a bit of background on our mortgage….

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Financial Tip Friday: What Is Your Risk Tolerance?

Financial Tip Friday: What Is Your Risk Tolerance?

So in several posts I have harped on the idea that everyone should invest as soon as they can. That could be in their 401k, Roth IRA, whatever. It isn’t that hard to open an account and you can start contributing right away. The question is what things should you invest in? How much do you want to put into stocks? bonds? commodities? real estate? What combination of these types of investments and more should you put together when trying…

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July Challenges

July Challenges

I should’ve posted this update last week, but with the holiday I got caught up in other things. I am also trying to only blog a couple of times a week and focus on other forms of writing. So before we begin with July challenges let’s see how June went: 1) Eat only three meals a day–FAILURE! I think this will always be a work in progress I need to focus on reducing my snackage intake or going to like…

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Financial Tip Friday: Fourth of July Activities That Won’t Break the Bank

Financial Tip Friday: Fourth of July Activities That Won’t Break the Bank

In most of these weekly segments I try to give some advice and/or insight on financial matters. However, it is the 4th of July holiday weekend and I fully admit that I have a few financial tips, but haven’t fully written them out. Instead, my financial tip this Fourth of July is to have some fun. July 4th is one of my favorite holidays. The food, fireworks, baseball (one of the few days that I truly enjoy it), parades, flag-waving,…

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Debt Payment Update

Debt Payment Update

At the end of March I provided an update on some financial challenges that I had set for myself for 2015. My first challenge was to pay of 10% of my debt by the end of 2015. My total debt was about $264000 (including my mortgage). ┬áIn order to make that challenge I have to pay off about $6500 per quarter to reach it. ┬áNatural payments would only get me to about $18,000 so I have to come up with…

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