2010 June — Page 2

How Much Money Are You Saving In Your Emergency Fund? Have You Ever Had To Use It?

June 9, 2010

How Much Money Should Be In An Emergency Fund?

Earlier this week there was a discussion at getrichslowly.org about a poll they had done about emergency funds. One of the findings was that the amount people were saving in their emergency funds seems to be dwindling over the past 5-6 months. After reading that post I started looking for other polls to find out [...]

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Dave Ramsey’s 7 Baby Steps: Step 4 – Invest 15% (Or More!) Of Your Income

June 8, 2010

Last time in the baby steps series we looked at baby step 3, saving up 3-6 months of expenses. You never know when you’re going to have an unplanned expense like a major medical event or a job loss. It’s best to plan ahead and be ready when those things happen, because, they will happen! [...]

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10 Things That Broke People Do (That Keep Them Broke)

June 7, 2010

We’ve all got friends in our lives that are nice people, but they always seem to be broke. They don’t have a dime to their name, and if you ask them why, they don’t have a clue. It never seems that they can figure out why they’re short on cash. Today I want to look [...]

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How To Watch TV For Free Or Cheap Without Paying For Cable

June 4, 2010

If you’re anything like me you probably like keeping your expenses to the minimum – while at the same time not sacrificing so much that you’re living an austere existence. You don’t mind giving up eating out, as well as you’re eating well at home. You don’t mind having a pre-paid cell phone, as long [...]

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Roth IRA Eligibility Guidelines

June 3, 2010

I‘ve been talking quite a bit since I launched this site about Roth IRAs, and why they’re such a great idea. After all, who doesn’t like tax free money at retirement? (Can you tell that I like them?) One thing I haven’t examined very closely, however, is the fact that Roth IRAs are not available [...]

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Dave Ramsey’s 7 Baby Steps: Step 3 – 3 To 6 Months Of Expenses In Savings

June 2, 2010

Last time we looked at Baby Step 2, paying off all your debt using the debt snowball. You take your bills, put them in order from smallest amount to largest amount, and proceed to pay them off one by one, snowballing the amounts until the debts are gone! Baby Step 3 – 3 To 6 [...]

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How Do You Get Away From The “We Deserve It” Attitude?

June 1, 2010

Over the weekend my wife and I took a quickie vacation for the memorial day holiday. It was just meant as a quick getaway in lieu of our normal full summer vacation that we’re not taking this year. Even if we’re not able to get away for a full vacation, it’s still nice to be [...]

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