Moolanomy
Personal Finance. Investing. Wealth Building.

Archive for June, 2008

Iowa Flood Is Making Me Nervous

I think the frequency and magnitude of natural disasters in the past few years is a sign from nature that we have to stop abusing the environment. It’s sad to see how millions upon millions of people are affected by disasters like the Myanmar Cyclone Nargis, China earthquake, and most recently the Iowa Flood.

If [...]

You Don’t Deserve Premium Channels Because You’re In Debt

Sounds a little harsh?  May be. But the truth is 300 millions Americans owe $957 billions in revolving credit debt — that’s $3,190 per person!  What does this have to do with premium channels?  Well, NASCAR has been showing their Cup races on TNT for the past two weeks and it will be on TNT [...]

Looking Back: My Finances 10 Years Ago

A while back the Money Blog Network asked other bloggers to share what their finances were like 10 years ago. I’d forgotten about this group project until I read one at Can I Get Rich On A Salary who did an amazing job of improving his finances over $1 million in 10 years!
My Finances [...]

Weekend Reading: June 15, 2008

Great Articles
If you haven’t seen Personal Finance Buzz, please visit, sign up, and give it a try. Some of the most popular articles of the week include:

Alas, problogger, we hardly knew ye at Brip Blap — Steve who became pro-blogger not long ago shares his thought on pro-blogging and the reason why he went [...]

Making Progress Toward Buying Our Life Insurance

A while ago, I met with an insurance sales agent and discussed life insurance coverage for my wife and I. Three months later and I am still looking — I am a little slow making these big financial decisions. Also, I am not rushing because I already have a $560,000 term life insurance policy [...]

thumb Ask The Expert with Larry Swedroe, June 2008 Issue

This is the 7th issue of the Ask The Expert column by Larry Swedroe. You can see Larry’s full biography and important disclaimer below. If you are interested in having your question answered by Larry, please send me an email via the contact page.
Now, let’s get to the questions and answers (please note that the [...]

Money and Marriage: On Combining Finances (Reprint)

One of the last things that most couples think about before getting married is money. Unfortunately, one of the most common reasons why couples go through a divorce is also money. I have to admit that when I got married, money wasn’t the first thing on my mind — it was love. Although we each [...]

Should I Borrow From My 401k Plan?

A friend at work is thinking about borrowing from his 401k plan to fund his business start-up. He mentioned it to me and I told him that it’s a terrible idea to borrow from 401k. It may sound appealing at first — i.e., fast loan application, easy to qualify, and you pay the [...]

Carnival of Debt Reduction #143 — The History of Debt

Over the weekend, I came across a rather interesting series called The History of Credit and Debt at Myvesta.org. In this carnival, I’ll be sharing short excerpts from the series.
This week carnival is not big, but it’s packed with good articles. In this carnival, I selected 9 articles as the editor’s picks and [...]

Weekend Reading: June 8, 2008

The M-Network Vacation Guide
This week, members of the M-Network did a series on vacationing. Frugal tips, ideas, experiences, personal accounts…everything. You can see and read all of our articles in the M-Network Vacation Guide on our network blog.
Giveaways
There were several giveaways announced this week, please take a look:

Blog Anniversary and Free Gas Giveaway at Single [...]

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