Should You Invest In Green Energy?

Oil dropped below $114 today after hovering around $117 per barrel. But I still think the long term trend is up.
According to Kevin Kerr, editor of a commodities investment newsletter,
“The U.S. is filled with gas hogs, but the developing world is ca…

The Wealth, Money & Life Network

I’d like to announce that I’m part of the new of The Wealth, Money & Life Network (WML-Net), a new personal finance network.
The WML-Net is made up of a diverse group of individuals. The ages span across the 20s, 30s and into the 40s. T…

May Goals

I’m going to really stretch myself this month. We’ll see if I will be able to meet my goals!

Add $800 to my emergency fund. I plan on adding my entire rebate check and an additional $200 from my primary pay check. This will bring my emergency fund over $1700, which would be about 6% of my $12,000 goalAdd $300 to my down payment account. I’m not working as much at my second job and I haven’t done any PPP opps in April; so this is going to be really difficult. This would bring my account to…

April Goals Recap

Before I posted my May goals, I wanted to post my progress on my April goals. Unfortunately, I only met half of my goals.
Weight under 130, NOPE! I actually put on 3 pounds! I currently weigh 137 pounds (I weighed myself this morning). I have started riding my bike to work and running in the morning. Now, I just need to get my eating under control!$200 in Emergency Fund. I actually added $450 to my emergency fund. The extra $250 is from my commercial.$200 in my down payment account. I…

Spend Your Way To Debt Freedom

Paul is sitting down talking to Mary about his progress. He has been reviewing his targets every day, following each law Mary taught him.
By this time, he has paid off most of his debt, including his credit cards and his home equity loan. With all th…

April Net Worth Update

My net worth increased 9.88% this month ($2,374 increase). The biggest increases were in my savings (labeled as stocks in networthiq–increase of $1221) and my retirement accounts (increase of $1645).

My P2P lending accounts (labeled as other) decreased by $1 because I transferred all of my cash from LendingClub to my checking account. All of my loans at Prosper are doing well. I recently bid on another loan, so I hope to have additional luck with Prosper….

The Most Dangerous Investment

The most dangerous investment is not investing in hedge funds, or even in derivatives. Though very risky, investing in penny stocks or day trading is not the most dangerous investment. Neither is investing in gold, or other commodities. Though investing in emerging markets focused on countries with unsettled governments is quite risky, it is still not at the top of the list. Even “investing” in lottery tickets is not the most dangerous investment.

All the above have something in common -…

Another Stroll Through the Blogroll…

Ladies and gentlemen, here are the wonderful next five blogs in the blogroll for your reading enjoyment:
Madison at My Dollar Plan talked about rearranging finances in order to prepare to purchase a house.  Madison goes to extremes, but seems to like…

Savings Update

I just updated my savings sidebars. I usually focus on my down payment account, but I need to start saving as diligently in my other accounts. My down payment account has reached $2,845.46.

Emergency Fund
I’ve added $450 to my emergency fund. The total amount in my emergency fund is now at $912.76. I’m currently at 3.9% of my $12,000 goal. Since I only budgeted $200 for my emergency fund this month, the additional $250 came from my acting gig. I also plan on adding my rebate check to my…

Interest in Interest?

Even though Paul is beginning to master the four laws Mary promised to teach him, Paul still makes his regular visits because Mary “opened a whole new world of opportunity” which Paul is determined to learn. Paul and Mary would frequently …

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