Should Parents Have a Financial Double Standard For Sons and Daughters?
I have two daughters and one son. They are all quite young (the oldest is four). At this moment when I look ahead to the future I am have the exact same financial plan for each of them. Currently, we financially treat them all the same. We save the same amount for college, buy the [...]
Best of Money Carnival #18
Welcome to the Best of Money Carnival, a weekly listing of the top 10 personal finance posts. The carnival gathers submissions from some of the best personal finance and investing bloggers on the web, and permits the hosting blogger the privilege of choosing his or her top ten favorite articles. Below are the ones I [...]
10 Things I’ve Learned in 4 Years of Real Estate Investing
I began investing in single family homes with a good friend and business partner about 4 years ago. In that time, we’ve purchases and remodeled 5 single family homes, all of which are rented by reasonably reliable tenants. Over that time we’ve learned a thing or two about investing in real estate. In this article, [...]
Weekly Highlights: May 10, 2009
Happy Mother’s Day everyone! I just want to wish everyone, especially all the moms out there a happy day. This week, Moolanomy was featured on The Kirk Report, Mainstreet.com, and WSJ The Wallet — please be sure to give these sites a visit.
Also, if you have been reading Moolanomy through feed reader or email, please [...]
Money Hacks Carnival #39
Looks like another another miscue in the Carnival Land. Sorry the carnival didn’t go out as planned this morning at the host site, so here’s an emergency edition of the Money Hacks Carnival #39. Before I begin, just want to say thank you to everyone for your participation.
Photo by Meagen via Flickr
Credit and Debt
Five Ways [...]
September 2008 Site and Net Worth Review (-8.65%)
Net Worth Review
September was a rough month! The U.S. economy suffered from the worst financial crisis since the Great Depression. Major failures in our financial system forced the U.S. government to take over Fannie Mae, Freddie Mac, and AIG. On top of that we saw the end of Lehman Brothers, Washington Mutual, and Wachovia. All [...]
Weekend Reading: September 7, 2008
My wife and I had a doctor appointment yesterday at 9 AM and we didn’t get to see the doctor until 11:45 AM — that’s ridiculous. After the visit, I ask the doctor if I can give her a feedback and she graciously accepted the my comment about her staff inability to schedule appointments. She’s [...]
August 2008 Site and Net Worth Review (+1.72%)
Net Worth Review
The daily fluctuations aside, August was relatively good month with the S&P500 up 1.2% from 1,267.38 to 1,282.83. This gain covered the loss in July and then some. According to NetworthIQ, my net worth dropped another -1.43% — again due to the declining value of my house. But my net investable assets went [...]
Weekend Reading: September 1, 2008
Wow August went by very fast! Since we are enjoying our Labor Day holiday in the U.S., I’ll skip my regular article and give you a short list of great articles that hit the top of PF Buzz this past week
When Does Intellectual Curiosity Stop? at Brip Blap — Do you still read books simply [...]
Victim Mentality And Personal Finance
Recently a bunch of friends got together and the term victim mentality came up. Victim mentality is a tendency to blame external or uncontrollable factors, instead of focusing on internal or controllable factors for things that go wrong. Among other negatives, victim mentality is detrimental for your financial health.
Photo by Gipics via Flickr
What’s so bad [...]
| High Interest Savings Accounts | 1.51% |
| High Yield CDs (1-year) | 1.60% |
| High Yield Checking Accounts | 1.46% |
| Best Credit Card | TrueEarnings® |
| 0% APR Balance Transfer | 12 mo |
| Lowest Interest Rate | 9.75% |
| Best Cash Back Reward | 5% |