2012 was a very good year! We managed to pay off all of our debt, except for the mortgage, in nine months. 2013 is off to a great start as we will be able to max out all of our retirement accounts for the first time and boost our savings rate significantly. 4th Quarter, 2012 [...]
Read More» Posted by LongI recently applied for a Fidelity Investment Rewards American Express card (this is a followup post to: What The Best Credit Card Rewards Programs Aren’t Telling You) because of their unlimited 2% cash back rewards program. When reading the fine print, it sounded like the cash rewards could be deposited into a Fidelity account or withdrawn [...]
Read More» Posted by LongThe Monthly vs. Yearly IRA contribution timing experiment December 2012 update. Yearly Contribution Roth IRA Fund Shares Price Cost Basis Market Value Gain/Loss Gain/Loss % VTSMX 104.44 35.64 3,324.24 3,772.31 398.07 11.97 VGTSX 95.87 14.98 1,290.98 1,436.08 145.10 11.24 VBMFX 47.00 11.09 516.20 521.19 4.99 0.97 Totals: 5,131.42 5,679.58 548.16 10.68 Account Summary : 12/18/2012 – [...]
Read More» Posted by LongI’m going to introduce you to a very simple idea which is the most important concept of the Extreme Money Makeover Plan. In order to obtain financial security, you must integrate this way of thinking into all aspects of your life. Lets put the phrase “time is money” into mathematical terms: Time = Money If [...]
Read More» Posted by LongI believe that every consumer should have access to a credit card that has the best available rewards program. That’s why I’ve been an avid user of the American Express Blue Cash credit card since 2007. When I discovered the card, I thought I had the best rewards credit card, so I have been using it [...]
Read More» Posted by LongHappy New Years! 2013 is here and it’s time to make some New Years resolutions. Here are ten simple resolutions you can stick to that will make your life better. Check and update beneficiaries for financial and insurance accounts This is especially important if you’ve had any children in 2012. Log on to your bank, [...]
Read More» Posted by Long