Monthly Archives: December 2011

Buying an Asset with a Mortgage or Debt Doesn’t Necessarily Change your Net Worth

I got into an interesting conversation with a commenter the other day on another blog and it made me realize that there are some people out there who don’t actually understand some of the basics of Personal Finance. I don’t talk about the basics to often on My Journey to Millions, because quite frankly, how…Continue Reading

Early Extreme Retirement Loses Its Biggest Proponent

A little over a year ago I wrote about my problems with a personal finance trend commonly referred to as “Early Retirement Extreme.”  It still remains a pretty popular post with a few comments from the movement’s most popular proponent, Jacob Lund Fisker.  Within that post and the subsequent 50+ comments I laid out the…Continue Reading

Calculating Possible Future Housing Expenses

The Wife and I have been giving serious thought to listing our house after the new year, and it was in the course of a recent discussion that The Wife told me she just wanted to know the “bottom line” in terms of future housing costs.  Her concern is that an upgrade to our current…Continue Reading

Affording the Costs of Living

I’ll readily admit that I think about money a lot. Not just money, but a variety of factors that involve money, including savings, bargains, investments and general frugality. It’s more that I see life as a division between time and labor—using the present to prepare for the future and using mental work to prevent being…Continue Reading

Unequal Distribution to Heirs

I was working on an interesting estate planning case today and I thought I would get people’s opinion on the subject.  At the end of the day this client wants to leave his assets in an unequal distribution schedule to his three children wherein one of the children will receive the lion’s share of the…Continue Reading