Tag Archive: Debt

My Journey’s Financial Update 5/29/2009

One of the main reasons I started this site was to keep myself accountable to anyone that was reading. Ironic part, is that when I started I probably had no one reading so it was an exercise in futility! After searching my archives I could only find one update this year – on March 4,…

The Law of Diminishing Marginal Utility and Debt Repayment

400px-utilityquantified_svg

Law of Diminishing Marginal Utility I got on the subject of Law of diminishing Marginal Utility with The Wife today, a theory which I was able to explain to her today in english.  Despite it being an economic theory (read: usually hard) it is quite easy to understand.   First thing is first - utility means satisfaction.  Investopedia defines the Law…

Financial Update 3/4/09

One of the main reasons I started this site was to keep myself accountable to anyone that was reading!  Boy, have I failed (go ahead and yell at me…its cool). Right now I am focusing on debt repayment, when that is over I will work on pumping up my savings and I will share those…

Passive Income via High Yield Muni Bonds – Can’t do it YET

Municipal Bond

I am obsessed with the idea of passive income, the thought that I could make money while sleeping truly excites me (does that make me weird? probably).  Well today I came accross a great article on the Wall Street Journal Personal Finance Site by Brett Arends titled, “High-Yield Muni Bonds: Time to Strike?” Mr. Arends…

Sometimes You HAVE to Ignore the Right thing to do! I Cancelled my Bank of America Credit Card Today

Bank-of-America

I almost never lose my temper with customer service reps, and it usually gets me what I want or at the very least closer to my goal.  Whether we are talking about the cable company, cell phone companies, and most financial/credit card companies – I usually get what I want. Before I get the comments…

Don’t Blindly Trust your Employer – Check your Check!

In the past I broken down my paycheck, and I just assumed all was good.  However, I found out otherwise! I got called into the office of my Human Resource Person to go over the 2009 benefits package.  When she reviewed what I had paid this year thus far for medical coverage she was shocked,…