The Roth IRA (and its cousin, the Roth 401k) are getting press lately and with good reason. There is a fear that taxes will need to rise over time and we will all find ourselves retiring in a higher tax bracket than we are in today. Let’s first take a step back to understand what […]
Archives for September 2009
Ally Bank Review: High Yield Savings Account
A week or so ago I talked about how I had opened a new online high yield savings account with one of the personal finance blogosphere’s favorite banks, CapitalOne360. CapitalOne360 is great because of a variety of factors, but for me the ability to set up sub-accounts, and to budget using their automatic withdrawals to […]
Business and Bible Terms: “Gain”
At the end of the day, each of us hopes to have a gain for our endeavors. “Resources or advantage acquired or increased” is how Webster’s defines gain. A gain is simply what we have left over after we have expended ourselves. Businesses will cease to operate if there are not any gains. Each employee […]
Devotional: Leaning On My Own Understanding
Trust in the Lord with all your heart and lean not on your own understanding; in all your ways acknowledge him, and he will make your paths straight. – Proverbs 3:5-6 When I was seven years old, I visited my grandma in Indiana. In the summer, she lived in a cottage on beautiful Lake James. […]
Going To The Minnesota State Fair Is Expensive! How To Avoid Spending Too Much.
My wife and I, along with a group of our friends, went to the Minnesota State Fair this past weekend. For those who don’t know the Minnesota State Fair is the largest state fair in the United States in terms of average daily attendance. Daily attendance can average anywhere from 100,000 people all the way […]
Lending Club Celebrates 25,000 Investors By Giving Away $2500 Cash And $25 For New Investors
About a month ago I posted about how I joined Lending Club as an investor, and I talked about how I thought it was becoming a pretty good way to make a decent return on your money. As with any type of investing it does carry it’s risks, but I believe that it is beginning […]
ING Direct Review: Why I Am Signing Up For The Orange Savings Account, And Why You Should Too
As I mentioned in a previous posting on high yield savings accounts, lately I’ve been looking for a new online bank where we can put our money. Our current savings account is with the same company as our mortgage (Bank of America), and I decided that I wanted our savings to be at a different […]
Business and Bible Terms: “Cost”
The dollar is a currency. Each and every country of the world has an accepted currency. A currency has no value in and of itself. It only has value as a group if people (1) recognize, and (2) accept its value. For example, I might have $1,000 U.S. But when I am in Papua New […]
