Weekend Reading: August 3, 2008
August 3, 2008 :: Weekly Roundups :: 5 Comments
Before I start the roundup, I just want to share with you two new features on Moolanomy...as well as reacquaint you with some of the older ones. Personal Finance Directory (new) -- I changed the old deals and special offers page into this interactive directory where you can rate and comment ...
Moolanomy’s Past Articles By The Number
July 3, 2008 :: Money :: 6 Comments
My family is going on a vacation for a few days. We're going as far south as Virginia Beach on this trip and I look forward to see the Chesapeake Bay Bridge-Tunnel and neighboring area. I will be resuming my normal schedule by July 14th. I wish ...
15 Tips to Avoid Overspending for First-Time College Students (GP)
April 15, 2008 :: Education, Money :: 18 Comments
For both parents and students, off-to-school shopping can be an important financial lesson that should be shared. It is a prime opportunity for parents to get to teach their kids a few remaining lessons about budgeting and personal finance: two very important lessons college kids should be learning before leaving ...
Weekend Reading: April 13, 2008
April 13, 2008 :: Weekly Roundups :: 7 Comments
This afternoon I ran across a few interesting articles I'd like to share. But first, I'd like to remind you that there's still 17 days left before I pick one lucky winner to receive a $50 Amazon gift certificate. The winner will be randomly chosen from the comments ...
Pay For College Or Make Them Work For It? (GP)
February 22, 2008 :: Education :: 34 Comments
Whenever the question of paying for college comes up, it seems to spark a heated debate. Some parents want to pay for it all, others are firm believers that their children should have to put themselves through college, and there is a third group that thinks half and half is ...
Money Matters for All Ages - The Chaotic Thirties
January 21, 2008 :: Financial Planning :: 35 Comments
This article is part of the Money Matters for All Ages group writing project being conducted by the M-Network and other blogging friends. See the bottom of this article for the full list of participants and links to their articles. Please check back daily, as I will update the links ...
Money Lesson #4: Choosing the Right Tool for the Job
October 26, 2007 :: Financial Planning :: 3 Comments
In the previous lesson with my wife, I taught her about various investment vehicles available at our disposal. This time we discussed choosing the right tool for the job; that is, choosing the best investment option available for various savings goals. Photo from morgueFile Common Savings Goals First, we reviewed some of the ...
7 Ways To Get A College Degree For Less
October 18, 2007 :: Education :: 15 Comments
In addition to starting a 529 college savings plan for our son, I also have been looking at alternatives if my wife and I couldn't reach our savings goal. These alternatives may come in handy if we run into some unforeseen financial difficulties. Aside from the usual financial aids ...
529 College Savings Plan for Our Son
October 12, 2007 :: Education, Investing, Taxes :: 12 Comments
Last month, I created a plan to save $5,000 a year for my son's college savings. With a 10% CAGR, a contribution of $5,000 per year should grow to $250,000 in 17 years. At that time, I didn't know what was the best investment vehicle for this plan. After a ...
My Best and Worst Financial Decisions
October 8, 2007 :: Money :: 17 Comments
This is our first group writing project from members of the M-Network. I this writing project we share with our readers our best financial decisions and worst financial mistakes. Why make your own mistakes when you can learn from ours? After you finish reading this post, please visit ...
Money Lesson #2: Setting Financial Goals
September 27, 2007 :: Financial Planning :: 8 Comments
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 ...
Can we actually save too much for college?
September 20, 2007 :: Education :: 15 Comments
I shared some great posts with you in my weekly roundup about college savings. However, these posts and what I have written tend to focus on the dollar amount and savings vehicles. As part of the roundup post, Chief Family Officer commented that $250,000 may not be enough ...
Moolanomy weekly roundup #8: “College Savings” edition
September 16, 2007 :: Weekly Roundups :: 6 Comments
I wrote about saving money for college in my posts: "My kid's college costs will be $467,000! Are you kidding me?" and later in "Saving $250,000 for my son's college education" with dollar amount adjusted down to a more realistic level. This weekly roundup, I searched my Google Reader and ...
Saving $250,000 for my son’s college education
September 10, 2007 :: Education, Investing, Taxes :: 14 Comments
In "My kid's college costs will be $467,000! Are you kidding me?," I may have gone too far toward the worst case scenario. After additional research at Savingforcollege.com, a more realistic number should be around $250,000 for 2024. Although I have not decided on the exact investment vehicle, ...
7 Mistakes I Made When I Went to College
August 10, 2007 :: Education :: 7 Comments
I recently read a post by Personal Finance Advice, Why Getting a Degree Isn't Always a Sound Financial Decision. I thought it was a well written post that presented a valid point. Do not get me wrong...I am a strong advocate for college education. However, this post ...
