Cutting back is a big deal these days – even folks who aren’t truly interested in improving their finances are cutting back, because, well, everyone else is doing it. Whether it’s due to job loss, peer pressure, or simply a desire to turn your financial ship around, cutting back is a wise decision. After all, [...]
Welcome to the May 20, 2009 edition of the carnival of net worth – number 17 in a long series of highly irregular carnivals. I’d normally make some promise to stick to the weekly schedule like I’m supposed to, but why lie? Anyway, here are this editions entries that relate to growing your net worth: [...]
Recently I’ve been fighting through a situation in my family that simply screamed to be written about. I’m just a bit player in the drama, and perhaps that’s what makes it so painful to watch. The Phone Call My wife received a phone call from her brother. Yes, that same brother who helped convince me [...]
Much earlier than last month, this is April’s installment of my monthly net worth report. Great news this time, unlike last month. My net worth grew by a solid 4%, or $1655. So, what went right, and what went wrong? Let’s dig in. Liquid Assets A drop here for the second month in a row [...]
Often you hear about the time value of money. That is, money tied up for a period of time has a missed opportunity cost. It also has to do with inflation – $50 today is worth far more than $50 willbe worth in 10 years, in terms of buying power. Something you don’t hear about [...]
