Monthly Archives: March 2012

Do You Know Your Monthly Nut?

Regardless of whether you make $46,000 or $460,000 almost everything in personal finance starts with what I commonly refer to as the “monthly nut.”  I am not sure where I got the term from, but knowing myself I probably giggled at first but now use it almost every single day when discussing someone’s financial situation. 

Screening Covered Call Options for my Traditional IRA

For the past couple years I have have mostly ignored my Traditional IRA.  I would put money into it every once in a while but it would mostly just purchase the only mutual fund that was in it The Fidelity Freedom 2050 (FFFHX).  I know that sunk costs shouldn’t matter but I promised myself if

What to Look for When Taking out a Home Insurance Policy

Home insurance is something that all homeowners need to have. It is split into buildings insurance and contents insurance and, while you can usually buy these policies separately, it often makes better financial sense to buy them as a complete home insurance package. Buildings insurance covers the property itself, including any permanent fittings, as well

My March 2012 Net Worth Update

At the beginning of each month I calculate to see if my net worth has gone up or down and share that with all my readers.  Quick knock on wood because I have not had a down month in the 14 or so months since I started tracking my net worth. However, because I am