I was checking my twitter stream yesterday when I stumbled on an article by my girl Sandy titled “I Bought A Rental Home With My 401K“. If you’re too lazy to click-through and read the article the gist is Sandy took out a $40,000 401K loan to pay cash on a $38,000 investment property [...]
retirement
In a little over month I will receive a small raise at work to the tune of $2,447. While I’m stoked to be getting any raise at all, let’s be real, it’s not a life changing amount. In fact, it only works out to about a $75 net gain each paycheck. Big Macs on me [...]
First things first, apparently I’m a little late to the game, but I made a Facebook fan page last night for Punch Debt In The Face (See the new widget in the sidebar on the right?). I don’t really get why that’s better than my Facebook profile page, but for some reason people tell me [...]
It’s homecoming week here for the local high school. I don’t know if your school was like mine, but during homecoming week each school day had a theme. One day you’d wear school colors, another a funny hat, or a costume, or my personal favorite….matching day. I’d always dress up to match my best friend….who [...]
Yesterday the Dow dropped more than 500 points, nearly five percent. Girl Ninja and I lost around $2,000 as a result. When I told her the tragic news she asked if I was really sad/mad about it. Do I like losing money? Heck no techno, but that’s what I signed up for when I decided [...]
Got an email from a lost soul yesterday and I thought we could help put her on the path to eternal riches. Check it… Hi! I’m a long-time reader of your blog. I want to start a retirement account for myself. I’m a 23 year-old, soon-to-be-married female with a full-time job. My employer does not [...]
Kevin at Thousandaire.com asked an interesting question in the comments section of my most recent Net Worth update. He asked… When are you going to start investing outside of your retirement accounts? A valid question seeing that the only dabbling I’ve done in the stock market has been strictly related to retirement planning. To many [...]