Comments on: Evan By The Numbers March 2010

By: Saving Money Today

Saving Money Today — Tue, 09 Mar 2010 20:17:37 +0000

By the way I just watched a scary video at The Frugalista showing how Classmates.com is selling people’s credit card numbers to third partys. They get you to “approve” it by burying it in a lengthy TOS when you take a free trial of something. Keep a close eye on your credit card statements everyone.

By: Kevin M

Kevin M — Tue, 09 Mar 2010 18:58:24 +0000

I’ll pitch in and buy Stanley if I need any new tools anytime soon!

By: Saving Money Today

Saving Money Today — Tue, 09 Mar 2010 15:52:23 +0000

Sites like Facebook give people the false impression of privacy because only their “friends” can see what they post. But I think most people share way too much personal information. Plus they also don’t realize that once something is on the internet it’s there for good.

By: Investor Junkie

Investor Junkie — Tue, 09 Mar 2010 01:44:11 +0000

Sam,

It’s an age thing.

I’ll plan on discussing specifics (like my Lending Club account) since it’s not a lot of money.

I’ve thought about one way around all of this is discuss in just percentages. Isn’t that what really matters anyways? After all, if you have it down for $1000.00, shouldn’t it apply to $10,000,000? I know there are some differences, but it’s still pretty much the same.

By: Investor Junkie

Investor Junkie — Tue, 09 Mar 2010 01:37:32 +0000

Unless you have a high rate, not worth pre-paying IMHO. Once the money is in your RE, it’s harder to take back out. Mortgage rates are at historic lows.

By: Ryan

Ryan — Tue, 09 Mar 2010 01:29:58 +0000

Great focus on income generating assets and investments. I think many people focus on buying stocks or real estate “because they appreciate.” But I think generating income that can be reinvested or used for other purposes is a great (and oft overlooked) idea.

By: Evan

Evan — Tue, 09 Mar 2010 01:27:00 +0000

I think it is a cultural thing. To ask how much a person makes in America is like talking about religion at a party.

It may have to do with what Investor Junkie was talking about…big brother is always lurking.

By: Financial Samurai

Financial Samurai — Tue, 09 Mar 2010 01:23:22 +0000

A’ight, thanks for letting me know I’m not blind!

It’s interesting though isn’t it… why you or others are comfortable with sharing how much debt they have, but not how much they make.

Why is that???

By: Evan

Evan — Tue, 09 Mar 2010 01:19:33 +0000

Also if you ever get to this side of the Country, you can email I’d do dinner!

By: Evan

Evan — Tue, 09 Mar 2010 01:18:42 +0000

I go back and forth on the paying off of the mortgage early. A little while ago I wrote a post about high net worth individuals and like I said they almost always have a paid of mortgage:

http://www.myjourneytomillions.com/articles/common-qualities-high-net-worth-individuals-balance-sheets/

CONGRATS ON THE MORTGAGE BY THE WAY THAT IS HUGE! I’d love to hear some details…how long it took you? Did you just pay towards the principal? Did you sacrifice other savings for it?