Moolanomy
Personal Finance. Investing. Wealth Building.

Archive for September, 2007

Moolanomy weekly roundup #10: “Best of M-Network” edition

This weekend, I am traveling up and down the East Coast to visit my sister and her family in Virginia. It also has been a crazy week with my post “12 Investing Mistakes I’ve Made (and How You Can Learn From Them)” published on Get Rich Slowly (probably the most read Personal Finance Blog in [...]

Life Hacks, Productivity, and Blogging

I think I’ve developed a mild case of obsessive-compulsive disorder. I constantly check my blog traffic stats, emails, and discussion forums to the point where it became counter-productive. Does refreshing my browser repeatedly to see updated stats and new discussions in various forums help me reach my goals? No, not at all! [...]

The First Million Is The Hardest

Not long ago, I participated in a conversation on NetworthIQ: “Struggling with breaking the first million mark“. The question posed was about mental focus and persistence needed to get to that magical $1 million mark. However, it got me thinking about the mathematical aspect of it.

As you can see from the chart, if a person [...]

Money Lesson #2: Setting Financial Goals

My wife pregnancy is coming along well, except for occasional all-over-the-body-ache. While I was giving her a massage last night, I was able to go over another financial lesson with her. The second lesson was focused mainly on financial goals.

Photo from Wikimedia Commons
Types of Financial Goals
There are many types of financial goals:

Pay off [...]

Consumer Consequences

I always have been interested in environmental issue, so “How Many Earths Would it Take to Sustain You?” from Consumerism Commentary caught my attention. From his blog, I went to Consumer Consequences; and according to the site:
“The Earth couldn’t supports its 6.6 billion residents if everyone lived like a typical American. Consumer Consequences [...]

The Seven Deadly Sins of Personal Finance

Last week, the post “Lazy Man and Jealousy” made me think about the Seven Deadly Sins. I am not a Christian. My first introduction to the Seven Deadly Sins was (embarrassingly enough) from the movie Se7en (1995) staring Brad Pitt and Morgan Freeman. However, I’ve always been fascinated by the wisdom of [...]

Determine Your Retirement Needs In 3 Easy Steps

There are a lot of sites that help you determine how much you need to save for retirement to maintain your lifestyle. I have never been comfortable with them because they usually don’t share the logic behind their calculation. So I came up with the following 3 easy steps to calculate my own [...]

Moolanomy weekly roundup #9: “Rate Cut” edition

Last week the Federal Reserve cut interest rate by half a point. This reduction in its target short-term rate is the first cut in that benchmark since 2003. Let’s see what bloggers are saying about this:
Money and Such, How to Play the Fed Rate Cut (editor’s pick)
This is a very informative post that [...]

A Boy and the Ice Cream Sundae

I am ticked off. I cannot believe how uncivilized people are these days. It became increasingly harder for my 7-month pregnant wife to commute using the busy NYC subway system. Worse yet, my wife often complain about people who completely ignore her, or even shove her aside to get a seat (there [...]

Several News and Announcements

Sorry to break my one post per day routine. Several things happened in the past few days that warrant sharing with my readers.
Here goes:

Yesterday, my article “10 Questions to Enhance Your Frugality” was selected for publication at Being Frugal.
On October 1st, Moolanomy will be hosting the Carnival of Debt Reduction. You can read the [...]

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