Net Worth Nov’17

SUMMARY: Another great month of disciplined saving, investing and debt reduction.  However, the true hero was one that is completely out of my control – the market.  The forecast for calendar year 2018 will be a bit volatile, but always planned and controlled. LIQUID ASSETS Checking – cash purposed for managing …

Read More »

Year-End Financial Forecast

Having a formal, well-organized way of projecting next year’s business results is a very valuable skill. While this skill is great for the development of your career, it is also a cornerstone for prudent personal finance. How else could someone know how they’re doing financially and how to guide their money …

Read More »

Roth-Lite: A Skeptic’s Strategy for Tax Reform

My former life as an auditor has left me with an ever-questioning and critical mind, especially when it comes to money.  Though I tend to be a skeptic with a very analytical way of thinking, that doesn’t mean that I’m not open to new ideas.  Actually, it’s quite the contrary.  …

Read More »

Net Worth Oct ’17

SUMMARY: Market movements drove this month’s NW increase as well as focusing on paying off 50% of my credit card balance.  Otherwise, it was a typical month of consistent savings and debt reduction. LIQUID ASSETS Checking – cash purposed for managing day-to-day and monthly expenses +$240.88 paid off 50% of the credit …

Read More »

Not a Single Ab to Show for It

If I were any good with money, people looking to save a few bucks on a new mattress wouldn’t be the only ones visiting my blog. While I’m proud of my current financial situation, that wasn’t always the case. Though I’d like to say that I’ve drastically cut down on the …

Read More »

Net Worth Sep ’17

SUMMARY: A slow and steady month, just how I like them.  Main drivers were the month-end uptick in the markets and the life insurance cash value continues to build as expected.  Decrease in operating cash and an increase in credit card debt isn’t a recipe for success by any means and …

Read More »

Investment Risk: When You Think You Know, You Don’t

KNOW THE RISKS Most of us are well aware that investing, of any kind, carries some degree of risk.  When we invest our hard-earned dollars, we do so on the basis that the risks associated with the investment, are identifiable, measurable and manageable.  It goes without saying, the risks should …

Read More »

Paying off debt or saving: A guide to break out the dilemma

Today’s post is contributed by Amy Nickson, a passionate writer on finance. Amy is a professional blogger whom has started her own blog and also works as a contributor for the Oak View Law Group. Please share your opinions by commenting below. We all have those financial insights like “You …

Read More »

Your Financial-Life Balance

THE BALANCING ACT It’s no secret that dialing into a balanced life is no easy feat. Sometimes you are completely unaware of how upside down things are until someone points it out, or an event happens that forces the issue – such as missing a family obligation, or being on …

Read More »

Net Worth Aug ’17

SUMMARY: A slight modification in my New Worth schedule that resulted in a restatement for July, for comparability purposes.  I added a “Lease Obligation” line in the liabilities section for my apartment, storage unit, and gym memberships for my wife and I.  These are expenses I am contractually bound to …

Read More »