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Month: July 2017

Financial Goal by 50: Hit the Two Comma Club

Financial Goal by 50: Hit the Two Comma Club

I am sure all of you have heard about goal setting and how to reach your goals. I promise this post is not about that. There are all kinds of great advice about hitting your goals. That includes making them realistic, creating vision boards, starting with small things and working into larger items, etc. We all should try to have goals. I mean what is the point of life without having to live for some goal. And it doesn’t have…

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Financial Tip Friday: How Much Car Can/Should You Buy?

Financial Tip Friday: How Much Car Can/Should You Buy?

I have to admit I love the idea of having a nice brand new car. I mean who doesn’t love that new car smell. It’s all clean and wonderful. But I then snap back to reality pretty quickly because I realize that car will be worth at least 10% less the minute I drive it off the lot. And if I have to finance it that car payment will probably be with me for 3-4 years. Plus, the car goes…

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Do You Have a Money Disorder?

Do You Have a Money Disorder?

All of us have some kind of problem with money. Some of us don’t have enough, some might have too much. Some might not manage it well. Some might not manage it all. People disagree about spending, saving, credit, how to raise their children with money, etc. Everyone has some potential issue with money. I ran across an article in Psychology Today a bit ago asking if people have a money disorder. I took the survey they give and almost…

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Learning to Be Good Enough

Learning to Be Good Enough

This is an updated post from over a year ago, but it seems appropriate considering where my head is at the moment. Please comment below. It is amazing how small conversations have an impact on you. Maybe they impact me more than others, but there are small but innocuous conversations that occur that can change the course of my life; a conversation I had in 1999 with my mentor was one such example. He asked me why I wasn’t going…

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Public Service Loan Forgiveness Blues and Student Loan Face Punches

Public Service Loan Forgiveness Blues and Student Loan Face Punches

I have chronicled my student loan journey on this blog for the past couple of years. At first, I wasn’t in favor of doing Public Service Loan Forgiveness (see here, here). Then I finally saw the light and I enrolled. I even created a presentation about it for other folks that needed help (in other words I did a total 180). Mrs. ROB is also enrolled in PSLF even though she teaches part-time at multiple institutions. So our current problem…

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Paying Some Stupid Tax

Paying Some Stupid Tax

One of the phrases that Dave Ramsey has become popular for is when someone has to pay “stupid tax.” And it probably isn’t his, but I have heard it most when listening to his show. Today, I was driving to work and I was listening to some old segments of people paying some stupid tax. In essence, stupid tax is where you buy something or do something that actually costs you more money than what it was worth. It could…

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If You Can Afford a Vacation You Can Afford to Invest

If You Can Afford a Vacation You Can Afford to Invest

This post today is a response to a few comments I saw on different Facebook feeds and other blog posts regarding planning for retirement. The basic conclusion I received from these comments are two-fold: 1) they could not afford to put any money away for retirement; 2) they didn’t have the time right now to deal with the situation. And in that same vein, similar people were responding to different posts and articles about vacations and the like (e.g. where…

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Teachers Unite: One Leg to Stand On

Teachers Unite: One Leg to Stand On

34 months ago I started this blog to tell the world about my personal finance journey. I hoped that my story of monetary stupidity would help others not make the same mistakes I had made. This blog also became a way of keeping myself accountable with specific goals and the like. But a third reason, which I haven’t talked about a lot, that I decided to start this blog is that I didn’t see a lot personal finance blogs that…

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2nd Quarter 2017 Debt Repayment Update

2nd Quarter 2017 Debt Repayment Update

¬†Hey everyone! My apologies for being MIA for the past week or so, but I was presenting some research in the United Kingdom and just didn’t have time to post. However, my summer can start to get back to normal sort of. I have a lot of updates that I need to do on a variety of subjects, which I hope to do in the next couple of weeks, but one of those updates is how my debt payoffs are…

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