This is a response to the plonkee money competition, which asks... How does donating to charity improve your well-being, financial and otherwise? I'm going to make a comparision here, and some people aren't going to like it: putting money into a … [Continue reading]
Reader Question: Student Loan to Pay Off Debts?
"Is taking out a student loan and using it to pay off most debts or at least 'control' the debts a wise idea in the long run?" - D First, a technicality: You can't actually use a student loan for this purpose. Student loans are usually awarded with … [Continue reading]
No, I Don’t Think You Should Open a Roth IRA
I do, in fact, have a love affair with the Roth IRA. (If you're unfamiliar with it, J.D. has an excellent explanation of the Roth.) But, it is an unrequited love - the Roth does not love me back. Someday, it will. Someday, I will open my own Roth … [Continue reading]
If I Had Saved…
When I was six years old, I started my first business. My favorite book character, Karen from the Babysitter's Little Sister series, started her own newspaper in book #40. Things went badly for Karen, but I was determined that I could do it … [Continue reading]
Net Worth Update: May 2007
Somewhere around the middle of the month, I start to get excited. Is it next month yet? Can I update my net worth? How about now? Now? Finally, today came. It's like this every month - I'm pretty obsessed. Huzzah, I can now total up all of my … [Continue reading]
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