Moolanomy
Personal Finance. Investing. Wealth Building.

Posts Tagged ‘goal’

My 2008 Financial Resolution and a Chance to Win an iPod!

Cash Money Life is running a contest Share Your 2008 Financial Resolution for a Chance to Win an iPod! that will end December 4th at 11:59 PM, Eastern Daylight Saving Time. I never own an iPod before, so I am going to give this a try.
My best friend and his wife recently bought me the [...]

Transforming Goals Into Actions

I have to admit that when I first start this blog, I didn’t have a solid goal. The truth is that I had just finished reading Rich Dad, Poor Dad, and felt motivated to improve my finances. I used to have a meta-blog (blog about blogging) and recognize how proficient I became with [...]

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 [...]

Can we actually save too much for college?

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 for a good private school:
“…I [...]

Moolanomy weekly roundup #8: “College Savings” edition

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 beyond for other posts and [...]

Saving $250,000 for my son’s college education

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, I am leaning toward the [...]

10 Things Golf Teaches us about Investing

The other day I was watching the news and saw that Tiger Woods just won his 13th major title — that is nothing short of phenomenal. Then my mind drifted back to personal finance issues and it dawned on me that mastering golf is similar to mastering the art of investing. Here are [...]

$1 Million by 2017. What’s Your Financial Goal?

Before I started this blog, I did not really have a good financial goal. Actually, my financial goal was similar to 99.9% of other Americans…I wanted to be rich. But what is rich? In “Are you wealthy? Here’s a test,” I defined wealthy as: “…when income from my assets can cover all [...]

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