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+ 7 - 6 | § Jan 31 Update: 2006 Financial New Year Resolutions
   -- -- One Completed, Four to Go

At the begining of the year I established five financial resolutions to accomplish before end of 2006. 

  1. $6,000 in Yearly Dividend / Interest Income
  2. Consolidate Retirement Accounts
  3. Will and Living Will
  4. Car Repairs, New Car, and/or Car Fund
  5. Emergency Fund - done! - January 31st, 2006
More detailed update on the below: Continue Reading The Article...

+ 7 - 10 | § 2006 Financial New Year Resolutions
   -- Simple Goals

Everyone does resolutions, why can't I? I do want to make them reasonable, howerver. I want them to be goals for the year.

The difference between a dream and a goal is that a goal has a realistic plan on how to achieve it.

I will share SOME of them:

Continue Reading The Article...

+ 7 - 8 | § Book Review: Smart and Simple Financial Strategies for Busy People
   -- A Basic, yet Effective Financial Strategy

Smart and Simple Financial Strategies for Busy People
author: Jane Bryant Quinn

Few authors dare to tell you exactly how and where to invest your money. Most of the financial press books you find out there discuss at great lengths the pros and cons of every investment vehicle. They provide vast details on theories and strategies. But most fall short of telling you to invest 30% on ABC fund of XYC company and so on.

Jane does provides very specific advice for Busy people - people who want to sleep well at night knowing that their nest egg will survive the test of time and grow to provide them comfort in the future. She tells you where you should invest and why. And she doesn't use any magic tricks or little known investment secrets: she tells you about time proven investment vehicles and why they will work. She provides a pre-designed financial plan (with instructions on how to modify it to help you in your particular needs) that will serve you well.

Continue Reading The Article...

+ 10 - 6 | § The Postal Service ( USPS )
   -- And their rate hike...

I am not happy about the rate hike that just went into effect (US Postal Service). It will cost me two more cents to ship a one ounce letter to anywhere in the US and its territories. It has bounced up to an impressive 39 cents!

Then again, I wonder what else in life costs 39 cents these days. Isn't it impressive that for 39 cents, less than half a US dollar, someone is willing to take one ounce of paperwork and deliver it anywhere you want (within the US) in around three days? This is one of the greatest bargains in the whole world!!

Still not happy?

Continue Reading The Article...

+ 11 - 8 | § Book Review: The Number
   -- What it is, and What is For?

The Number - A Completely Different Way to Think About the Rest of Your Life
A free press book published by Lee Eisenberg

Most financially aware people worry about having enough money to enjoy our golden years. Our worries go beyond basic sustenance (even when we also worry about the next generation being able to fund it through systems like the ailing Social Security). We want to have fun and enjoy a style of life that doesn't feel like a terrible downgrade from the life we are used to having. We want those years to be really golden!

That brings up the need to find out how much money has to be amassed during our accumulation years, so that our Golden Years are just like we expect them. That amount of money is The Number.

Continue Reading The Article...