LivingAlmostLarge

a twenty-something DINK searching for financial freedom

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Entries Tagged as 'Financial Mistakes'

A fear of cash?

July 2nd, 2008 · 6 Comments

Okay, so I am not fond of carrying cash.  I honestly have no idea how people can walk around with hundreds of dollars in cash in their wallet.  I definitely would be paranoid and constantly worried about losing the money.
But I forgot to post the other day about my new fear of cash.  So typically [...]

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Tags: Financial Mistakes · stupid tax

Sex and the City - Financial Reality Check

May 24th, 2008 · 10 Comments

I am such a HUGE Sex and the City Fan.  I have no idea why. I know there are many, many financial discrepancies in the show, but I still love it. I can’t wait for the movie to come out.   So what’s real about it and what’s not?
Reality is that Carrie the main character loves [...]

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Tags: Debt · Financial Mistakes · Fun

Pass up a match?

April 16th, 2008 · 5 Comments

Should you ever pass up the 401k match?  According to Dave Ramsey, yes when you are focusing on paying off debt.  However Dave Ramsey does give the caveat that it shouldn’t be done if you are paying off debt for longer than 18-24 months. 
 I think passing up a 401k match is crazy.  You can never [...]

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Tags: Credit Cards · Debt · Financial Mistakes · Investing · Retirement

Again don’t own company stock

March 18th, 2008 · 4 Comments

Well on Friday Bear Stearns announced it bankruptcy. This forced the Federal Reserve to convene an emergency meeting, at which they cut interest rates by 1/4 point. And a deal was struck between JP Morgan and Bear Sterns to be acquired with help from the Federal Reserve.
But that’s not the bad news. [...]

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Tags: Financial Mistakes · Investing

Root of Debt in America?

March 10th, 2008 · 5 Comments

Last night we picked up Super Smash Brothers Brawl for the Nintendo Wii. DH was excited to be playing. FWIW, I don’t think we were the oldest people there without a child, but I guess this is what being DINK is.
So last night in line there were three registers working, however one [...]

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Tags: Children · Financial Mistakes

Family Loan?

January 11th, 2008 · 9 Comments

Do you loan money to family? Ever? I sat thinking about that after reading an article on the New York Times about giving his grandmother money, a loan. He was undecided about it.
I’m firmly of the mindset and practice of I never loan family money. It’s not a loan, it’s a gift. However, I also [...]

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Tags: Financial Mistakes · Personal Finance

Bergmans…millionaire?

November 18th, 2007 · 7 Comments

This article is about millionaires in the making, featuring the Bergmans. Unfortunately I don’t think money got this at all right. This couple is young 25 and 28 years old. However only due to an inheritance were they able to have any money saved. They make approximately $60k/year.
They have $9300 in a TSP (military 401k), [...]

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Tags: Financial Mistakes · Retirement · Savings

Do I need a FICO score?

November 13th, 2007 · 5 Comments

Do I need a FICO score? Should I be worried about it? Is it important?
No you do not need a FICO score. At the same time maybe you should be worried about it. And it could be important.
What does that mean? Well it means that if you do not feel a FICO score is important [...]

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Tags: Debt · Financial Mistakes · Personal Finance

Subprime Mortgage Fallout

August 22nd, 2007 · 2 Comments

Last week Federal Bank President William Poole commented on the state of the subprime economy. He stated that the subprime mess had not yet necessitated an interest rate cut nor was it harming the US economy. He was of the opinion that unless the economy took a major dive a rate cut was [...]

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Tags: Financial Mistakes · Mortgage · Personal Finance

Financial Update

August 21st, 2007 · No Comments

Hmm…..I guess I should a few things. One I don’t like spending money more than the another person. So I like to complain about it here on the blog because I wouldn’t do it in real life. Money talk is weird in real life.
Two, couple of misconceptions also need to be cleared [...]

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Tags: Financial Mistakes