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From The Penny Saved - view blog entries - visit this blogFebruary 22, 2008 at 10:53 am ET
Ok so there seems to be a lot of confusion around the Health Savings Account that the government is now allowing. So I figured it would be good to go over the kinds of medical savings accounts currently available and point out the differences. First of all some definitions:
Health Savings Account:
Its a tax-advantaged [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 21, 2008 at 10:43 am ET
There are some things in life you should save money on. There are other things you most definitely should not try to save money. These are those second things:
8] Toilet Paper
I really shouldn’t have to explain this, but for anyone that has ever worked in an office, if you buy that same stuff [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 20, 2008 at 1:06 pm ET
There is an episode of the TV show South Park where there are a group of “underpants gnomes.” The “Underpants Gnomes” are a community of underground gnomes who steal underpants, notably from Tweek (one of the characters).
The Underpants gnomes have a three-phase business plan, consisting of:
1. Collect Underpants
2. ???
3. Profit
None of the gnomes [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 20, 2008 at 10:45 am ET
So this morning, I was minding my own business getting my morning caffeine fix that if I ditched I would save two dollars a day (but I would also be without my delicious lo carb Monster goodness) and I was waiting in line to pay. The guy in front of me was paying for: 2 [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 19, 2008 at 11:17 am ET
Last night my girlfriend and I got into a fairly heated discussion over children and expenses. We came from two very similar but at the same time different backgrounds. I am of the opinion that kids should somehow earn their own way through things, she that as long as they are focused on something, parents [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 18, 2008 at 10:31 am ET
Recently a lot of employers have started to offer the roth 401k as an option. My employer started offering it last month. The roth 401k, quite frankly, is a dream come true in my opinion. Ok so thats a little exaggeration but it truely is the best of both worlds - 401k and Roth IRA.
So [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 17, 2008 at 4:50 am ET
This article will save you thousands, I promise you. Number one alone is a monster. Now here are some ways to save money on your car that you probably haven’t seen around the web that I have learned through trial, error, and driving everything from the worst beater you can imagine (an old datsun 210 [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 16, 2008 at 12:07 pm ET
I’ve had quite a few friends ranting and raving about Apple stock, that its just going to keep going up, mac sales are up, iPhones are hot, and Jesus himself might come back to earth early so that he can get his hands on a new iPod nano. They are all going hog wild [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 15, 2008 at 11:33 am ET
A bunch of the personal finance bloggers I know are doing a little segment called “whats in your wallet” so I figured I would join in too because after all my Wallet needs a good cleaning. So without further ado:
The Start:
Notice it is stuffed full of junk. So I went about cleaning [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 14, 2008 at 10:08 pm ET
My girlfriend and I walked into king soopers today and there were (see left, we took a picture) literally swarms of guys looking for a last second present for their girlfriends/wives. As we walked by they had prices listed. Roses were $10/piece! ouch! There was the “super deal” of a dozen [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 14, 2008 at 1:02 pm ET
How many articles have I seen in the past month about how to recession proof your 401k? I can think of a couple on MSN, and a bunch on random blogs. Apologies to any of my bloggy friends if you have written on it. Actually I can understand the feelings of panic people are having [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 13, 2008 at 5:37 pm ET
Yeah, I really did probably save a guys life last night.
Last night I worked kind of late when at the last minute I decided I would go hide my girlfriend’s early Valentines day present in her desk at work (we work at the same company) so that I wouldnt have to get up TOO early [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 13, 2008 at 12:08 pm ET
*Check in later for my story on how I saved a guys life last night*
As my girlfriend rightfully pointed out, it has been a while since I have posted about getting rid of debt. Well, fear not, I have a whole laundry list of tips to erase your debt in no time.
Lets start with [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 12, 2008 at 11:59 am ET
Ive heard some rumblings about stock market instability and the fact that the new forever stamps are another thing to invest in since postage rates climb fairly often. However they are NOT a good investment. To the right is my new and improved design for the forever stamp. Lets go over why:
1) [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 11, 2008 at 10:50 am ET
There is something that gets left out a lot when the topic of personal finance comes up. It is one of the most simple things to grasp, yet also one of the hardest to do. It is something that I personally am terrible about if I don’t watch myself. Ok enough suspense [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 9, 2008 at 10:32 pm ET
Since the federal reserve has been cutting rates like interest is goin out of style there has been a renewed interest in home equity loans and home equity lines of credit. So what exactly are these? What is the different? Should I care?
What is a HEL (home equity loan)?
This is a type of loan where [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 8, 2008 at 11:28 am ET
At the career fair I attended today yesterday. I really wanted to take a camera with and photograph the worst dressed interview candidates but I couldnt quite figure out how to 1) do it without getting caught and 2) ethically justify it to myself. Ok mostly #1. Anyway I couldn’t do [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 7, 2008 at 5:01 pm ET
If I had a nickel for every time I have heard the words “recession” and “economic trouble” and “disaster” in the past month I would driving my money truck down to the bank with the biggest change counter in town. Im not sure how you count a truck load of nickels but Im sure [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 6, 2008 at 3:11 pm ET
I’m always on the lookout for things that can save energy costs because if it doesn’t affect the quality of life, then its just wasting money. Todays top: turning down the thermostat. Now, don’t get me wrong, I am not saying all the time. In fact I hate sitting around the house [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 6, 2008 at 9:42 am ET
What has she taught us about money? Its not that money can turn a slightly spoiled hollywood teen into a psychopath, though you could probably make that argument. No, instead it is she has taught us:
“Im a slave for you”
I have a friend that recently has crossed the line from frugality into cheap…in [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 5, 2008 at 8:42 pm ET
Earlier today I had a large amount of downtime (which is actually unusual for my host) so I apologize to the apparently many people that have been following links in today….that being said, here we go:
The next question coming in from google search:
“Can I take my money out of my roth ira if I leave the [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 5, 2008 at 3:11 pm ET
There was a new carnival of frugality today, so I figured in honor of super fat tuesday Id post some super phat links for the day to stuff that I use all the time.
First the blogs I read every day: I will teach you to be rich, Mrs Micah, Get rich slowly, John Chow, No [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 5, 2008 at 10:32 am ET
As I have previously mentioned in my article Top 5 tips to land a good job one of the most important skills you can have is to be able to interview well. You can have the best resume in a huge pool of people and it won’t make a bit of difference if you get [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 4, 2008 at 10:08 pm ET
I am trying out a new feature. In my tracking I am going to take queries from google that have led people to this site and answer them in these short bits. First up:
“I just got $20,000.00 can I invest it in an IRA?”
Assuming you have not maxed out your individual contribution [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogFebruary 4, 2008 at 11:17 am ET
I know, first thing you are wondering is FREE Iphone? WHERE CAN I GET IT!? Well, just hold on a few and read through. I was talking to one of my friends from work about viking death metal (no joke) and rock band (pretty much the best video game ever) and somehow the conversation [...] ... ( more)
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