Going Broke After Having Millions: How One Millionaire Family Lost It All

November 30, 2010
Millionaire Who Lost It All

For the past few weeks I’ve been sharing the stories of some extraordinary people, folks who earned average incomes, but still found a way to retire wealthy.   I called the series, “Retiring Wealthy On An Average Salary“.  I’ve found writing the series to be quite inspirational for me, and it really gives me hope to [...]

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Save Money On Black Friday By Planning Ahead: Comprehensive List Of Black Friday Deals Sites

November 23, 2010
Black Friday Deals

Black Friday.  Those two words are enough to instill pure joy into the hearts of Christmas shoppers across the United States.  It’s a day of sheer indulgence – of getting the things you want, and of getting a good deal while you’re at it. But here’s the thing. You need to plan ahead. If you [...]

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Mortgage Rates Are Low, But Are The Homes Affordable? [Infographic]

November 19, 2010
Home Affordability And Foreclosure

My wife and I are currently thinking about upgrading our home because the prices in our market are so much cheaper than they’ve been for years, it almost seems like it would be a bad idea not to jump in and buy the home of our dreams. After all, it’ll probably never be this affordable [...]

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Flexible Spending Account (FSA) Plan Changes And Limits In 2011 And Beyond

November 17, 2010
Flexible Spending Account Changes

With the passage of Obama Care this year, we’ll be seeing some changes to the FSA next year, and in years to come, that aren’t necessarily going to make the accounts more attractive. They’ll be limiting what types of things you can use the FSA to pay for, as well as how much you can contribute to the account. This may increase your tax bill.

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Retiring Wealthy On An Average Salary: The Story Of The Persevering Parking Attendant

November 15, 2010
Retiring Wealthy On An Average Salary

Over the last few weeks I’ve posted several stories of average folks who were able to retire wealthy while making an average salary during their working years.   There was an engineer who never made more than $50,000, but was thrifty and saved and invested regularly.  There was the teacher who was frugal, and always saved.   [...]

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President Obama Agrees To Extend Bush Tax Cuts For Everyone… For Now

November 11, 2010
Bush Tax Cuts To Be Extended

I‘ve been writing about the Bush tax cuts on this site for quite a while, talking about whether or not they’ll be renewed.  We also looked at whether they’ll be renewed for all taxpayers, or if they’ll be allowed to expire for higher income individuals. Earlier this year it looked like they would be renewed, [...]

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Ally Bank Review: High Yield Savings Accounts

November 9, 2010
Ally Bank Review

For a while now I’ve been looking into all the online high yield savings accounts because we wanted to find a place to put our hard earned emergency savings.  As of this writing, because we’re so conservative, we’re currently sitting on close to 12 months of expenses in savings.  As you might expect, 12 months [...]

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2011 Traditional And Roth IRA Contribution Limits And Account Phaseout Rules

November 8, 2010
2011 Roth IRA Contribution Limit And Phaseouts

At the end of last month the IRS put out their 2011 Traditional and Roth IRA contribution limits tables. It’s always good to plan ahead for the coming year and make sure that you’re putting enough in your Roth IRA, especially in years that the limits go up.  Keep up on your stock investing strategy! [...]

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The Most Expensive Bottle Of Wine Ever Sold. Would You Drink It?

November 2, 2010
The Most Expensive Wine Ever

I was reading a post on the Wall Street Journal today about a recent Sotheby’s wine auction in Hong Kong. The story discussed some of the amazing prices vintage wines direct from the wine maker are getting.  To me it’s amazing that even in this economy vintage wines can command such amazing prices. What does [...]

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Retiring Wealthy On An Average Salary: The Story Of The Saving Secretary

November 1, 2010
Retiring Wealthy On An Average Salary

This post is another installment in our recurring series, “Retiring Wealthy On An Average Salary“.   To see the other installments, please click on the link in the navigation bar above.    The idea behind the series is to highlight the stories of average folks who made good decisions in order to be able to retire wealthy [...]

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