Archive for January 2008

Update on the Financial Goals

Glbl at Gather Little By Little pinged me yesterday to update my monthly goals.
If you remember I set a S.M.A.R.T. goal for 2008 and now that it’s the end of January, it’s time to see how things are going.
Unfortunately I didn’t make my goal this month of replacing my $1500 mortgage with [...]



The Fed Dropped the Discount Rate,.. AGAIN

  The Fed moved to forestall a further downturn in the U.S. economy today by dropping the Discount Rate by another .5%. (50 basis points).
While this wasn’t unexpected, it does show that the Fed is taking the downturn in the U.S. economy seriously.
The Fed said that the rate cuts taken to date [...]



The New Social Security Debit Card – Benefits and Drawbacks

The U.S. government, in a bid to save money and provide better service to the estimated 4 million Americans receiving Social Security benefits that don’t have a bank account, is planning on issuing them a prepaid debit card, in place of the current practice of sending out paper checks.
This new debit card is [...]



Being Frugal isn’t Being a Miser

This is a re-post that originally appeared on Gather Little By Little in Dec. Thanks to GLBL for the opportunity to guest post.
While researching another article, I came across a rather heated discussion about where the line is drawn when being frugal. Too little, and you’re not saving money, too much and you’re a Miser. [...]



Are You Afraid of Money?

Does your household make more than ~$40,000 per year? If so, congratulations, you’re above the median income in the United States. Now, if you do make this much, let me ask this. Why do you still have bills??
I make well above the median, and I’m still up to my eyeballs in bills, just as [...]