Moolanomy
Personal Finance. Investing. Wealth Building.

Posts Tagged ‘expense’

The Hidden Cost of Free Stock Trades

When discount brokerage firms like Charles Schwab, E*Trade, and TD Ameritrade emerged on the scene, they made stock trading more affordable. The trade commissions in the sub $20 range were a refreshing change from the exorbitant fees traditionally charged by full service brokers. If that was good, now it must be great with [...]

The True Earning Power and the Real Cost of Luxuries

My first job after college paid $8 per hour — not good for an Ivy League alumni. That job was something to do while I tried to rediscover myself. I was lost and dispirited because I did not get accepted into a medical school.

Photo from Apple.com
It only takes 17 hours of work for [...]

Moolanomy weekly roundup #7: “Budgeting” edition

On Friday, I wrote “Discover your money values and financial demons.” The idea was to keep track of every pennies spent in order to learn about your spending habits, priorities, and money leaks. I have never been a big fan of budgeting because it is tedious — as long as I have money to [...]

New Baby Financial Checklist

This will be a short post. What I wanted to do is to outline all the financial matters I need to take care of for the baby due this December. As I do more research, I hope to write additional posts and link to them from here. Hopefully, I will have a [...]

Discover Your Money Values and Financial Demons

I am still reading Your Money or Your Life by Dominguez and Robin — this book is taking longer than I thought because it is not just a book, but a road map to financial independence. One idea that stuck with me was the step that told you to keep track of every [...]

Top 10 Money Wasters, Are You Guilty?

There are numerous posts and articles on this topic, but what the heck I will add some more to the information highway. From my personal experience, I can sincerely say these are the biggest money wasters around (not in any order):

Memberships that you never use — e.g., gym membership anyone?
Subscriptions that you never read [...]

One Less Cigarette a Day Saves $91+ Per Year

I am not a smoker, but a couple of my friends are. Some of them occasionally complain about money problem to me, so I was wondering what their smoking habit is costing them. I am not going to ask any of them to stop, but I hope this post will help them move [...]

Are You Paying Too Much Rent? Check With Rentometer

Do you ever wonder if you are charging too little for your rental property? Likewise, if you rent, do you ever wonder if you are paying too much? Today, I stumbled upon a site called Rentometer.
Just enter your zip code, rent, the number of bedrooms, and the number of units in the building. Rentometer [...]

Wealth Building Made REAL Simple

I want to build my wealth, but I found many personal finance books to be boring and intimidating. They usually go into great detail about setting your financial goals, budgeting, etc. — but they don’t tell you the big picture in a simple and concise way. As the most financially astute person in my family, [...]

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