Moolanomy
Personal Finance. Investing. Wealth Building.

Posts Tagged ‘debt’

107th Carnival of Debt Reduction - New York Edition

Welcome to the 107th Carnival of Debt Reduction. It is a great honor to be your host for this fine Carnival. Without further ado, let us take a tour of New York City.

The Statue of Liberty
…stands at Liberty Island, New York in New York Harbor…presented to the United States by France in 1886…made of sheeting [...]

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 [...]

Why not teach money management to kids in high school?

I have been giving this subject a lot of thought lately. After I read “Should Schools have Money Management Classes?,” an excellent post from Fortune Watch, I am finally going to write about this. As far as I can tell, there are two “real life” subjects being taught in high schools today: human [...]

The Key to Financial Imprisonment

In my post “My first credit card and the fallacies,” I mentioned the term financial imprisonment. It is the opposite of financial independence, and I defined it as the state of having to work for money, living from paycheck to paycheck, and never having enough.

Photo from Wikimedia Commons
So, how can one become financially imprisoned? [...]

What if I became an emergency medicine doctor?

I applied to medical school in 1995, but I did not get accepted — so the more accurate question is “what if I got into a medical school?” What led me to this? I was reading Mighty Bargain Hunter’s post about how much a lady owed to get her medical degree. To [...]

No Such Thing As Good Debt?

Yesterday, I read “Good Debt?? There is No Such Thing” on Gather Little By Little. First, let me say that I consider Glblguy a friend and a very respectable blogger; but when I read the title I thought what the heck is he talking about? This prompted me to read the rest [...]

10 Baby Steps to Financial Recovery

Sometimes when you are in really deep, everything you want to accomplish seems so monumental that you give up before you even begin. I came across Dave Ramsey’s Baby Steps and liked the sound of it. So, I imagined myself working with someone in a bad financial situation, and here are [...]

Moolanomy weekly roundup #2: “Dealing With Debt” edition

Trying to build wealth while you are in debt is like running on a treadmill. At best, you will get a good exercise running to nowhere. At worst, you might fall off and hurt yourself. In this round up, I search through the personal finance Blogosphere and found some great posts about dealing with debt.

Zen [...]

Moolanomy weekly roundup #1: “My Favorites” edition

This blog is officially 2 weeks old, and I came across many interesting people, blogs, and posts. Here are this week highlights:
The Dough Roller shares his 10 Things I Now Know at 40 That I Wish I Knew at 20 — a great read for younger folks. I committed a few of these [...]

Top 10 List of Personal Finance Lists

I have been reading a lot lately trying to bring myself back up to speed about personal finance matters. In the past two weeks, I came across a lot of good resources. Since I am having a serious case of writer block today, I will just share links to 10 of [...]

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