Wow that is expensive, but is it really?

Today I am venturing to the doctors as I near my 30th birthday to get a tune-up.  Last night we rushed out 1 year old to the doctor’s office after she broke out with a rash on her body from the MMR vaccine she just received.  Sure I used my flex card to make the payments for the co pays while at the office but that is such a small fraction of the bill. I looked over the desk to see that for rushing the baby to the doctor’s office was going to set my insurance carrier back $150.00.  I...

Dear Debt, I am going to defeat you!!!

What does national financial literacy month mean to you? Well for my wife and I, we have set up a plan to pay down some of our debt.  We have accumulated some debt over the past few years.  It was by choice so that she could stay home with our two beautiful children.  I wrote a post the other day asking you to take a moment to review your situation because April is National Financial Literacy Month. Did you take a few moments to see where you stood?  Are you going to do anything about your situation? Our goals are...

Smartphone 101: The art of teaching today’s youth, my cell phone can teach me what?

Sure I know what you are thinking, Christopher has gone off the deep end, but hear me out on this one. Pocket dialing – we all have done this at one time or another, being on the other end of the pocket dial all you can hear is some chatter and noise but not really what is going on. Well, this is the same as in business you need to have clear defined goals.  There is a lot of “noise” that can knock you off course and derail your efforts.  Define your goals and go for it! Apps – give us...

National Financial Literacy Month: What it means to you!

What a great success the Roth IRA Movement was.  In a few days we are going to enter National Financial Literacy Month, what a great month to celebrate it, ohhhh the coincidence it also happens to be my birthday in April too!  National Financial Literacy Month came about in 2004 when the Senate passed Resolution 316 which officially recognized April as my birthday National Financial Literacy Month.  Originally started as youth financial literacy, it was realized that we all need to be well versed money and personal finance.  For my Canadian friends sorry we will have to wait until November...

Roth IRA March Madness Style!

Shhhhhhhh…..can you hear that….that’s right  baby it’s the Roth IRA Movement.  So here is how the movement got started; Jeff Rose went to speak at his alma mater and polled the soon-to-be graduating seniors, and not a single one of them raised their hand when he asked if they heard of the Roth IRA.  Here we are today a group of about 150 bloggers preaching to the nation and hoping they listen.  For my friends following along on twitter it’s: #RothIRAMovement In case you were one of the ones polled, here is what a Roth IRA is:  The Roth IRA...

The Best Financial Lesson I Ever Learned

The rule of thumb is that bonds are for retirees.  I am 35 years old and I love bonds.  When I was really young, I remember receiving savings bonds for my birthday.  I had no idea what they were at the time.  I was told by my father that they were going to be worth “a lot” of money some day.  Every year I would get these pieces of paper that were going to be worth “the number listed at the top left corner”. Fast forward to the 90’s and the Internet boom.  The Internet boom created a huge jump...

Congratulations: You won $1,000,000 you can claim today or in 5 years, which do you choose?

Sure we would all choose take it today, but there is a finance theory behind why you may want to take it today.  Ever heard of the expression a dollar today is worth more than a dollar tomorrow but less than a dollar yesterday.  Well if not, now you have today we look at the time value of money.  What the time value of money calculation and the principle means is that a dollar today is not equivalent in value to a dollar tomorrow or a dollar yesterday.   It is a very simple principle to understand, but can have big...

Move over King there is a new girl in town and her name is Wendy!

For as long as I can remember it has always been 1. McDonald’s 2. Burger King and 3. Wendy’s.  Well that is not the case any longer as it has just been announced that Burger King was surpassed in US sales volume by Wendy’s.  This change up brings makes me reminisce of those days back in college and that Nelly song “Number One.”  You know you remember Nelly, he sung Country Grammar!  Google it if you forgot who, but make sure you come back to finish up this article.  As I digress….. Hey hey hey hey hey hey – now...

Help!… Jerry is burning the bridge

While not directly related to personal finance, it can have big implications on your job search should you burn the bridges behind you.  Let’s face it if you are looking for work and there are burnt bridges out there it can make it a little more difficult and that my friend will affect your finances…badabing!  Let me share with you a little story of something that happened at work this past week.  Jerry was a happy employee of my company (1),his boss left the company to go work elsewhere.  His boss contacts Jerry and recruits him to work there with...

All good things must come to an end…It was a good run while it lasted…RIP Encyclopedia Britannica print edition

Childhood….Ahhh those were the days of no responsibility where my only recollection of money was that my parents had it and I needed it to buy candy or that new toy.  But what I do remember as a youth was that my parents subscribed to Encyclopedia Britannica.  I asked my mom a while back how they ended up with the encyclopedias and she gave me the spiel where a salesman came door to door saying something about how it was going to be the way of the future.  They had just had me as their first child and they didn’t...

Shhh…. What do you think of that B*****?

Now that I have your attention, you are probably scratching your head wondering why that would be on a personal finance website.  Shame on you for thinking that!! What would your mother say?  The word is in the news all over the world now.  That magical word is BUDGET.  The congressional budget, state budget, city budget, your personal budget, budget for that trip, some websites use that as part of their web address…this budget that budget… What in the world does the word budget even mean?  According to my good friends over at Merriam Webster here are the origins of budget: Middle...

Side Hustle: The Real Mobile Hot Spot

The bulk of us that read and blog have regular full time jobs.  Many of us do this for fun or as a side hustle trying to make some passive income.  I have been an avid reader for a few years and have seen some interesting side hustles over at Budgets Are Sexy side hustle series.  This one that I am about to tell you about takes the cake.   A New York marketing firm, Bartle Bogle Hegarty’s Labs (BBH), created a stir at the South by Southwest Music Conference and Festival (SXSW) recently.  The festival held in Austin, Texas is...

From My Frugal Side: 5 ways to cut costs in the bathroom

I don’t know where this one came from.  I was sitting there yesterday thinking (not thinking in the bathroom) and I started rattling off ways to save some money in the bathroom.  These ideas are not going to require any major design changes to your bathroom.  Sure you look at the picture above and think where can I possibly save any money.  The bathroom is probably one of the most frequented locations in the house and these simple changes can add up over the year. Water Saver – add a water saving showerhead to your shower and this can cut up...

Week 5 Recap: A Month in and I am here to stay for the long haul!

Well here it is the Five For Friday.  Another week has come and gone and we continue to pump out the articles.  It has had its share of ups and downs over there past month and a half, from late nights to early mornings.  A lot of great comments and plenty of feedback received via email.  Thank you and keep those suggestions coming.  I really appreciate it.  Here is what I have been reading this past week that has really kept my interest and even provoked some commenting.  Homeownership may not be for everyone but here are some lessons learned. ...

The Peyton Manning Story: A few days short of that big bonus!

Peyton Manning – Franchise Quarterback of the Indianapolis Colts is a free agent.  I am not a regular follower of football but I have heard who this gent is.  Potentially the best quarterback to ever play in Indy or maybe best quarterback ever in all of football.  This article isn’t going to talk about all those statistics that he has amassed, but we really could because finance covers stats and various ratios.  If he was on the roster at the start of the league year he was to be owed $28 million dollars as a bonus.  Did you hear that...

Part 1 of the Retirement Roundtable: What is a 401k, and why is it all over this material HR gave me?

We just graduated college and just got our first real job.  Great! Congratulations! Now what?  As we make our way through our first few weeks on the new job we are bombarded with emails, packets of information on everything under the sun from employee discounts to the dreaded RETIREMENT word, eeek.  Well you stumbled across the right website to point you in the right direction.  I will have you sipping those dirty martinis out at the beach house enjoying the afternoon rays. You are set up at your desk and looking around at the mountain of paperwork that HR has...

The 3 C’s to Car Buying

Do you buy a new car for looks or based on what you can afford?  Hopefully this will help you. I have noticed many friends buying cars that are way out of their price range and struggling to make the payments.  Ever heard of the saying “house poor” well that is them except it is a car Cost There are many sites that you can go out on to find the true cost of ownership of the vehicle.  There are a lot of factors other than just the price of the vehicle that you need to be concerned with.  The...

Guest Post: Break Out Those New Year Resolution’s

Welcome to March! It’s the beginning of the third month, and, if you’re like most people you’ve already gone off track on your New Year resolutions. It’s ok. Let’s grab that list and see what we can salvage from it. First, cut the number down by 90%. That means if you made ten resolutions, you will want to save one of them. Change is a process, not a moment of rebirth. If you started off with a small list, of two or three, then pick your top priority. Now, chop that resolution into a three week plan. 21 days. That’s...

Is it too late to get an MBA?

What an interesting week last week, now back to the grind of things.  Today we received a question from a reader who asks, “Is it too late to get an MBA?”  Let us define what the reader considers too late, they consider their mid 40’s too late to obtain the advanced degree. What is his dilemma?  Mark is a mid level manager who strives to take that next step but all of the upper echilon have advanced degrees.  Some organizations only recruit talent for upper level positions if they have an advanced degree, his organization is one of those. Mark...

Finance and Malware: A Love Hate Relationship!

After nearly 3 days of inactivity on my part on my blog I am ready to hit the ground running.  Wow those last 3 days have been hectic.  I woke up Monday morning to find my site acting a little funny.  I didn’t think anything of it so I went about the day.  Monday night I get home and try to check the site to see some the statistics and how things are going.  I get a redirect that takes me to Adfly. First thoughts are this could get expensive.  I have only been blogging 2 weeks if this gets...

Malware / Trojan / Virus – Is this a familiar sight for you?

Well today I had my first experience with Malware.  I was not able to post a regularly scheduled post as usual.  I woke up this morning to check out the website to find a bunch of popups on the site once I logged in.  Talk about shell shock and not having a clue what to do.  Thankfully my fellow Yakeziers were there to the rescue with some valuable posts to help me though this debacle. I quickly got on the phone to my hosting company to see if they had any products that they offered for free to help me...

Week Dos Recap – I am fluent in Spanish, not really…

Wow a whole 2 weeks into personal finance blogging and I have to say I love doing it.  It has been a great journey thus far.  I am building some great friendships with the personal finance blogging community.  I have found the Yakezie Network great and everyone is very willing to help out.  I learned that with blogging or your spouse you have to give love to receive love.  I am out there sharing the love as much as I can with my fellow bloggers.  Here is it close to midnight preparing the post after a long day of blogging and...

I’m a baller – I own rental furnished apartment properties

Well I am not new to the rental property thing but I will tell you how it all started.  It all started a few years ago about rental properties when we were looking to move out of our furnished apartment for rental because our landlord was driving us crazy.  We were aggressively scouring Craigslist to find an apartment.  Well we found an apartment, ground level which means no stairs! We decided to grab it as soon as we saw it; we definitely thought the rent was well below market value.  Come to find out the gentleman was getting ready to put...

What to do Wednesday in Personal Finance? How about a personal loan?

What would you suggest as the best course of action in this situation?  If you have been following my blog for the great length of time that it has been around, ok since last week, you would know we recently became a two income household.  Here is where the story starts: One income, two kids and a wife all on a salary of 100k minus 50k.  I was earning close to 50k when we had our second child.  We have 2 cars and a mortgage payment but to help offset some of this we have a rental unit in the...

Valentine’s Day for an MBA student – Celebration

Yesterday I was sitting there pondering the meaning of Valentine’s Day you know very well about me i am MBA student which always focus on MBA study, when it struck me that it must have been made up by retailers to make it through the slow winter months.  Well at least here in the Northern part of the United States, it is bitterly cold and we tend to hibernate. I saw earlier today on the National Retail Foundation website that the average person celebrating Valentine’s Day is going to shell out a whopping $126.03.  Men will spend about $168.74 compared...