It has been almost six months since I last used a credit card, and the transition has been surprisingly simple and easy. To be honest, I don’t really think about it much at all these days. The differences in the ways I interact with my money are subtle, they do not jump out and scream [...]
Daily Spending Report
Daily spending report for May 26, 2006.
Daily Spending Report
May 24, 2006
Spending: $12.95
Efax subscription. now cancelled
Income: $0.00
No income deposited
Action Taken:
Got a lower rate from my electric company
Cancelled my eFax subscription
Daily Spending Report
As of today, I will be posting every single penny we spend, for at least one month, so that you folks can help me find the leaks in our money plan. Every morning, I will post a “Daily Spending Report” for the previous day, and explain (or otherwise attempt to justify) what we spent the [...]
More Thoughts On Mortgages
After my previous entries about mortgage debt and home ownership, I have received a bunch of email on the subject, so I thought I’d reopen the topic sort of, and respond directly to some of the points raised:
Point 1) “Paying rent is just like throwing money down the drain because you don’t build equity.”
This sounds [...]
Rethinking Home Ownership
I wrote earlier about how I find mortgage debt to be a bad thing. Since then, I have been thinking about whether or not the whole concept of home ownership is equally as flawed as the idea of mortgaging a home. Even though I expect to make a decent profit on the sale of your [...]
April Financial Wrap-Up & May Goals
As reflected by my NetWorthIQ, April has been an okay month for us financially. We made modest gains, mostly by making a small payment against principal on our car loan and better valuing our personal possessions.
We are still waiting on our tax return, which will retire our auto loan in it’s entirety, which will not [...]
Financial Goals
As I promised earlier, I am posting my financial goals here, so that you folks can help keep me accountable for them. I think of these as pretty modest goals when taken individually, but pretty amazing when you total them up and look at where that puts us. So, we would like to, in order:
Pay [...]
Net Worth & Financial Goals
In the right sidebar, you will now find my net worth graph. I decided that since a lot of what I am trying to achieve here involves money; more specifically, my relationship to money, I should put some of this out in the open, to keep me honest, so to speak. There isn’t much to [...]
These are the ramblings of 