2009 Personal Finance Goals

A new year brings new challenges,and new goals.  So, just like I did last year, I’m going to set a few personal finance goals for myself.  Hopefully I can manager better than a D+ this year.  Without further adieu, here are my goals for 2009: Increase my savings account to $20,000.  Stretch goal: $25,000.  That’s [...]

Update on 2008 Personal Finance Goals

On the last day of 2007, I set 9 2008 personal finance goals.  These were to be my financial focal points for the year.  Since 2008 is finally over, with all its ups and downs, it’s time to revisit that list, to see how I did with my goals.  Let’s take a look: Pay off [...]

Carnival of Net Worth #10

Blog Carnival the carnival of net worth archives | submit post Welcome to the October 15, 2008 edition of the carnival of net worth.  this is a short one, so I’ll need some more submissions next time.  Tell your friends, and ask them to tell their friends!  Any solid net worth related posts are welcome [...]

Stay the course

The Dow Jones lost nearly 700 points today – another day of huge losses.  Every stock I own is officially in the crapper – down 10, 20, even 40% from when I purchased.  My retirement accounts are shrinking -and so are my mutual funds.  What am I going to do about it? Do nothing.  Do [...]

The Fed is destroying your savings

Yesterday the Federal Reserve bank cut their key rate by another .5%, bringing it to an exceptionally low 1.5%.  What does that mean to you?  A couple, very important things.  For one, every bank will be announcing new, lower savings rates.  Your fancy online savings account ( you do have a fancy online savings account, [...]

Dow sees largest point drop ever

The Dow Jones Industrial Average tanked by an astonishing 778 points today – closing at 10,365.  That makes today, September 29 of 2008, the largest single day point loss in history.  Worse than the dot com crash.  Worse than the freaking Great Depression.  Before you get too worked up – remember, it’s the largest point [...]

Zecco offers free stock trades in October

My current online brokerage, Zecco, is offering unlimited free stock and option trades for the entire month of October.  Normally they offer 10 free trades, as long as you have $2500 in equity.  Not next month.  If you are a hyperactive trader, then Zecco is the place to be next month.  Trade as much as [...]

Spending gets out of control quickly

No matter how frugal you are, no matter how carefully you budget your money, it doesn’t take much.  Months of hard work, tracking every dollar, can be gone in a single day!  One day of giving in, indulging yourself, convincing yourself that you "need" or "deserve" something new.  Especially if that "something new" is expensive, [...]

WaMu online savings rate jumps to 4.00% APY

Wow.  We haven’t seen 4% APY savings account rates in quite some time – the Fed and their magical rate dropping act have made sure of that.  Earning 4% on your savings is a great opportunity to (help) keep the inflation problem at bay.  That being said, I’d think long and hard about transferring your [...]

Carnival of Net Worth #9

Blog Carnival the carnival of net worth archives | submit post Welcome to the September 17, 2008 edition of the carnival of net worth.  It’s only a day late this time – I’m getting better!  One day, we might even see this puppy on Wednesday when it’s due.  Ok, don’t get too excited about that.  [...]

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