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From SingleGuyMoney - view blog entries - visit this blogMay 16, 2008 at 1:30 pm ET
I hardly ever write checks anymore. I probably write 1-2 checks a month now instead of how many I used to write. I don't really even have to go inside the bank anymore. My finances are all pretty much automated now and paying bills is a matter of "point and click". To say the least, I am a big fan of online banking. I no longer need to mail a check and pay a bill hoping it doesn't get lost in the mail or that it doesn't make it to the right place before the due date. I don't have ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 13, 2008 at 6:20 am ET
Gas prices in my area are averaging about $3.65/gallon. Apparently, this price is expensive enough to encourage people to steal gas from other people. My buddy called me yesterday with a disturbing story. He drives a huge SUV and lives in a large gated apartment complex. He went to the gas station and filled up his monster SUV Sunday evening. Monday morning when he got in his car to go to work, he realized he had less than a 1/4 tank of gas left. He looked under the car to see if he possibly had a leak but did not ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 12, 2008 at 6:17 am ET
One of the hottest topics of conversation on and off the Internet is about the Economic Stimulus Rebate checks being mailed out. Everyone wants to know when they will receive their payout and what they plan to do with the funds. Some people have already received their rebates and have either used them to actually stimulate the economy by making a purchase they would not have normally made. Others have done what I would do and just stick it in my savings account. Unfortunately, now I'll be using it to make up the shortage in my mortgage escrow account.I've heard ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 11, 2008 at 5:42 pm ET
Here are some of the articles I've enjoyed from around the blogosphere this week:Are you frugal or cheap? Take this test over at Moolanomy. Want to know how it feels to make a large purchase and not have to finance it? Check it out at PaidTwice. Lynnae over at BeingFrugal lists the Top 10 Emerging Influential Blogs. I have over half of the same websites in my RSS reader. Thinking about withdrawing money from your 401k before retirement? Cash Money Life gives numerous financial reasons why you should not do it. Think we are in a recession? Gibble gives us ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 11, 2008 at 7:29 am ET
Happy Mothers Day to all of the Moms out there! In honor of Mothers Day, here is a poem for you. No Love like a Mother's LoveThere is no love, like a mother's love,no stronger bond on earth...like the precious bond that comes from God,to a mother, when she gives birth.A mother's love is forever strong,never changing for all time...and when her children need her most,a mother's love will shine.God bless these special mothers,God bless them every one...for all the t ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 10, 2008 at 10:40 am ET
I participated in several carnivals this week and I'd like to thank all the bloggers who hosted the carnivals and included my posts.Save and Conquer hosted the Money Hacks Carnival #11 - Ebb and Flow Edition and included my post, Reasons to Join A Credit Union.Frugal for Life hosted the Festival of Frugality #124 and included my post, When a Second Job is Not A Good Idea. Free From Broke hosted the Carnival of Money Stories #58 - Dollar Coins Edition and included my post, Remembering How Lucky I Am. Thanks again to all the bloggers who hosted the carnivals. ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 9, 2008 at 6:30 am ET
Yesterday's Thursday Talkback question was whether your finances were worse, better or about the same as this time last year. One of my readers, Kara, asked me the same question. I knew that my finances had improved over the last year but I had not sat down and actually looked at the numbers in detail. I pulled out the records for April 2007 and compared the numbers with April 2008 and here's what happened. The numbers have been rounded off for clarity. Assets:April 2007 - $446,694April 2008 - $449,543Result: Increased $2,849 or 0.64%Liabilities (including Mortgages): April 2007 - $399,711April 2008 ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 8, 2008 at 6:07 am ET
Today's Thursday Talkback question is:Compared to this time last year, are your finances -better, worse or about the same?
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From SingleGuyMoney - view blog entries - visit this blogMay 6, 2008 at 1:46 pm ET
I received an email from Quicken today. They are running a special that really caught my eye and I thought I'd pass the details along to you guys. I usually don't encourage you to spend money but this time, I'll make an exception. If you want to get a better handle on your finances and and get a better idea of where your money goes, you should consider the Quicken Personal Money Management Software. Right now, if you purchase and download Quicken Deluxe, Premier or Quicken Home & Business you can also download a free copy of Quicken WillMaker ($79 ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 5, 2008 at 6:15 am ET
I originally didn't have any plans for my economic stimulus check. I was just going to send it to my flexible savings account until I decided what to do with it. Unfortunately, now I know where it will be going and it will not be anywhere fun and it won't be stimulating the economy.I received the escrow analysis for my rental property this weekend. I knew I was going to be short but I didn't realize I was that short. My escrow balance is currently short $1234.84. They gave me the option of paying the shortage up front and my ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 4, 2008 at 8:30 am ET
I'd like to thank everyone who sent traffic my way in April. If you've sent traffic to me but your blog is not listed, please know that I greatly appreciate it. The top 10 blogs that sent traffic to SingleGuyMoney are:1. BeingFrugal2. Get Rich Slowly3. PaidTwice4. Fabulous Financials5. Mrs Micah6. Frugal Bachelor7. Moolanomy8. Gather Little by Little9. NCN Blog10. My Two DollarsTotal Visitors to SingleGuyMoney in April: 14,157RSS Subscribers as of April 30th: 558. If you haven't subscribed yet, please do so here. ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 2, 2008 at 10:18 am ET
Assets:Primary Home - $196,000.00Rental Property - $137,000.00Car - $19,000.00Retirement - $42,676.82Cash (checking & savings) - $41,151.14Brokerage - $3215.40Total Assets: $449,543.36 - increase of 0.75%Liabilities:Primary Home Mortgage - $182,096.82Rental Property Mortgage - $148,841.35Car Loan - $23,152.33Student Loans - $22,500.00Total Liabilities: $376,590.50, decrease of -.21%Net Worth: 72,952.86, increase of 6%Monthly Recap:This was the first month in which I did not receive any ... ( more)
From SingleGuyMoney - view blog entries - visit this blogMay 1, 2008 at 9:36 am ET
I'm starting a new weekly series here at SingleGuyMoney called "Thursday Talkback". Basically, it will work like this. I will ask a random question every Thursday and I would like to get your thoughts. If could be personal finance related or it could be some random question. I'd like it if you'd participate and leave a comment with your thoughts on the question of the day. I figure this is a way to participate with the readers instead of just the same old personal finance post. Today's Question is:Have you received your economic stimulus payment? What do you plan to ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 30, 2008 at 4:38 pm ET
You know how you sometimes have those days that you feel sort of blah. Not necessarily in a good mood and not necessarily in a bad mood. I had one of those days today...until this happened. I had to go to the bank today to make a few changes to my account. Once I got out of the car, I saw this woman standing outside crying. I started to ignore it and continue about my business but I stopped and asked her is she was okay. Apparently, she really needed someone to talk to because that opened the floodgates. She ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 29, 2008 at 8:00 am ET
I've been a member of a credit union since I was in college. I used the account for a couple of years and then moved my money to a "for profit" bank due to the convenience of multiple branches and ATM machines around my city. I didn't close the account and kept it open with the minimum balance of $5 as required. When I purchased my first home, I totally forgot about my credit union membership so I didn't apply to them for a mortgage loan. I probably could have got a lower interest rate. There is a credit union ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 28, 2008 at 9:00 am ET
Are you currently upside down on your car loan? What would happen tomorrow if you were to wreck your car and the damage exceeds the value of the car? Your insurance company would probably "total out" your car. When a car is totalled, the insurance company is only obligated to pay for the current market value of your vehicle; not what you owe on the loan. For example, if you have an accident and the damage to your vehicle is $10k but your vehicle is worth only $5k, your insurance company will probably only pay $5k minus your deductible, if ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 26, 2008 at 8:44 am ET
I had to borrow money from my Emergency Fund last week to pay for my contacts. I have to wear a toric contact lens because I have an astigmatism. Because I have to wear a special contact lenses, they cost alot more than usual; even with my vision insurance. I failed to plan for this expense so instead of putting the $300 on my credit card, I borrowed the money from my Emergency Fund. To punish myself for the poor planning, I had to pay myself back with interest. When I fail to plan for purchases and I have to ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 23, 2008 at 5:16 am ET
I've been tagged by Pinyo over at Moolanomy to share my biggest budget busters. Now that I've been following a budget for a few months now, I can quickly determine what expenses take the biggest chunks of my money. For the last few months, my biggest expenses have been:Mortgages. I have a mortgage on my primary home and a mortgage on my rental property. Even with the rental income I receive, this is still my largest expense. Based on the mortgage calculators out there, my mortgage payment is much more than it should be based on my income. Car Payment. ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 21, 2008 at 6:15 am ET
I have a friend that decided to take on a second job to bring in a little extra cash to help speed up his debt reduction goal. He's already been interviewed and hired by the company. The store is opening a new location so they aren't open just yet. Right now, he is getting paid for training on the computer systems and learning the company procedures. It's close to his house, pays $8 an hour and has flexible hours. Everything sounded great until he told me what store it was and my brain came to a screeching halt. He will ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 20, 2008 at 1:09 pm ET
I'm so excited. I have a logo for the blog now. Thanks goes to Pinyo @ Moolanomy for creating it.
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From SingleGuyMoney - view blog entries - visit this blogApril 19, 2008 at 9:35 am ET
I participated in a couple of carnivals around the web this week.Be Thrifty Like Us hosted the 8th Edition of the Money Hacks Carnival and included my post "Update on My Personal Finance Goals". Gather Little by Little hosted the 148th Edition of the Carnival of Personal Finance and included my post "Most Reliable Used Cars". I had the extreme honor of being listed as one of the best personal finance blogs by Finance Daily. Did I mention free money in the title? Here's how to get it: ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 18, 2008 at 7:15 am ET
There are a couple of "wants" that I've been itching to purchase lately. These things are not necessary and will not increase my standard of living. I must say that I've been pretty good about not splurging on crazy things for the past few months. I could just whip out the credit card and make the desired purchases. But then, not only would I have to make payments to pay off my balance, I'd also end up paying finance charges and helping to make the credit card companies richer. I no longer pay more than I have to for the ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 16, 2008 at 6:15 am ET
One of my goals for 2008 was to increase my scores to over 720 with all three credit bureaus. Since the last update, I am still two-thirds of the way to my goal even though two of my scores have decreased for some unknown reason. Credit scoring is really weird! I would like to get my credit scores as high as possible because I am thinking about refinancing my home. Interest rates are pretty low and I don't think they will decrease much at all. Here are the latest scores from the three major credit bureaus. Equifax765 on ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 15, 2008 at 8:14 pm ET
I posted about Revolution Money Exchange the other day but I am posting it again today since the offer has been extended. The free $25 signup bonus has been extended until May 15, 2008. I would greatly appreciate it if you sign up using the link above. You get a $25 bonus and I will get a $10 referral bonus. Once you open your new account, you can then use it to refer other people and get the referral bonus for yourself (up to $500). What are the benefits of using Revolution Money Exchange (besides a sweet $25 signup ... ( more)
From SingleGuyMoney - view blog entries - visit this blogApril 14, 2008 at 6:15 am ET
It never fails. Everytime I turn on the TV, I hear more depressing news about how bad the economy is. Much as I try to ignore it, I just can't get away from it. Even when I'm not watching TV, I can see it all around me. Not only is it the rising gas prices and rising prices on food (due to the high gas prices), it's also the numerous foreclosure and "for sale" signs in my neighborhood and my shrinking 401k balance. I personally feel that things will get worse before they get better. I don't think sending out ... ( more)
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