Moolanomy
Personal Finance. Investing. Wealth Building.

Archive for November, 2007

10 Reasons to have an Emergency Fund

Many financial professionals and experts advocate that we keep at least 3 months of living expenses in liquid investments such as CD, money market, and high-yield savings. If you have any doubt regarding the validity of this advice, here are 10 reasons that may change your mind.

Photo from morgueFile
If you are in a money [...]

Moolanomy weekly roundup #15: “Habits” edition

As you can see, I have adjusted my sidebar a little and split it in two halves — I hope you like the new design. I wonder what the original template designer think about all the changes I have made so far. I will be hosting the Carnival of Money Stories #33 [...]

What My School Didn’t Teach Me About Credit Cards (GP)

Many people see credit cards as one of the primary keys to financial imprisonment, and this has proven to be the case for many people. However, the problem isn’t the credit card itself, but how they are used.

Photo by Ian Britton via FreeFoto.com
When I was in school I received a well rounded education which covered [...]

October 2007 Net Worth Review (+1.75%)

Aside from the big dip on October 19th, this was another good month for the stock market. The S&P 500 index rose +1.48% from 1,526.75 to 1,549.38 — again, the Fed cuts rates by another quarter point. After I entered all my information into NetworthIQ, the result was +1.75% net worth improvement. My liquid assets [...]

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