Archive for November, 2009
Do you ever review your personal finances and plan your spending?
A friend of mine found out he is bankrupt, and never realized he was spending more than he earned. Yes, a stupid thing to do. Never managed his credit cards well. And took out a housing loan and a car loan. Now he can’t pay his mortgages. Does this sound familiar, at least among some [...]
What is the next investment step with my personal finances?
I am 28 years old. I have no credit card debt. I have ,000 in a high yield savings account (5%). I have 00 in Mutual Funds (made 8% so far YTD). I have ,500 in my 401K. I own a house in Texas that I currently rent out. The rent pays for the mortgage. [...]
Do you review your personal finances and plan your spending?
A friend of mine found out he is bankrupt, and never realized he was spending more than he earned. Yes, a stupid thing to do. Never managed his credit cards well. And took out a housing loan and a car loan. Now he can’t pay his mortgages. Does this sound familiar, at least among some [...]
Yahoo article personal finance?
I saw an article a few weeks on yahoo, and i fogot to save it, but it stated soemthing about saving 2500 and putting into a cd account or something into that effect, and letting it stay there for 20 year span with a 8% interest rate, if anyone read the article or have more [...]