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From Plonkee Money - view blog entries - visit this blogFebruary 3, 2008 at 4:34 pm ET
Paidtwice tagged me with a book meme, so here goes.
The meme is simple - grab the nearest book that has at least 123 pages, open it to page 123, and count down 5 sentences. Then, type the next three sentences here.
As I’m writing this, I’m at work, my nearest book is Getting Things Done by [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogFebruary 2, 2008 at 2:11 am ET
Check out rocket’s summary of our foreclosure project. All participants are here:
My Thoughts On This Whole Mortgage Crisis And Why I Don’t Feel That Bad @ My Two Dollars
Why renting is right for us right now @ Mrs. Micah
Why We Have an Adjustable Rate Mortgage @ My Dollar Plan
Debt-To-Income Ratio and Why It Matters @ [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogFebruary 1, 2008 at 7:00 am ET
Lately, I’ve been incredibly tired, due to being so busy at work. I think that I’ve got on average 6 days of work a week until the end of the financial year in March, with every possibility of it all being extended.
This is a problem, because I only have five days a week, and a [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 31, 2008 at 7:00 am ET
This article will be featured in Home Finance: All you need to know about home ownership at rocket finance on Friday.
It should be no news to anyone that there is currently a sub-prime mortgage crisis in the good old United States of America. It’s been on the news, and in the papers for months already.
But, [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 30, 2008 at 7:00 am ET
When I said that my financial goal for 2008 was to gain chartership, I didn’t think that I’d be called out on it within the first month of the new year. So, thanks MBH for reminding me that I’m supposed to be working on this.
Actually, at the moment, I’ve been identifying the requirements that I’ve [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 29, 2008 at 7:00 am ET
The other week, I wrote about my love of house magazines, and how I’m frittering away money on them.
Lots of you had some great suggestions to save me money - I’m going to look into a cheap subscription to my favourite magazine, and I’m already checking out more online resources.
Llama for brains had, amongst other [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 28, 2008 at 7:00 am ET
The other day after work I caught up with a friend of mine over coffee. The conversation turned to my blog - although I write anonymously, a number of people “in real life” are aware that I do have a personal finance blog. In an effort to show her that it wasn’t just geeky spreadsheet [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 27, 2008 at 9:52 am ET
This week I liked:
The economics of Robinson Crusoe @ Early Retirement Extreme - An explanation of why you should work and save rather than borrow, involving Crusoe, Man Friday, and berries
A reminder that “my” car isn’t actually mine. @ Not Living on Ramen - I hate gifts with strings. If it’s mine I can do [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 25, 2008 at 7:00 am ET
This post was written as part of the M-Network’s Money Matters for All Ages project. See the bottom of this article for the full list of participants and links to their articles.
If you’re anything like me, no matter how much you love your job, you don’t want to keep working there until you drop dead. [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 24, 2008 at 8:13 am ET
Normally, I write my posts the night before they go up, but a spontaneous trip to the pub happened after work last night, and - with good reason - I’ve made it a rule not to try to write after consuming more than, say a couple of pints. This means that I’m posting on the fly, but this is good [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 23, 2008 at 7:00 am ET
Following on from thinking about how to plan moving out of home and my admission the other day of a house magazine buying problem, I thought it might be interesting to share my list of essentials for furnishing a home. Sadly, most of these are borne from bitter experience.
I’ve also included some basic prices for [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 22, 2008 at 7:00 am ET
Are you sitting comfortably? Then I’ll begin.
Once upon a time, there was a very little naughty boy, and his name was George. George didn’t like to do important things, and he didn’t often learn from his mistakes.
One day, George’s mother asked him to go and count the eggs in the larder. Mother and father [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 21, 2008 at 7:00 am ET
If you’re struggling to stop buying magazines, then join the club.
Now that I have a very shiny new house of my very own (actually it’s about 100 years old, but you get the point) I’m an absolute sucker for house magazines.
Last weekend I went through my accumulated pile to cut out pictures for inspiration. I [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 20, 2008 at 12:24 pm ET
This week I have mostly been reading:
sleeping with money: setting goals and dreaming big @ Queercents - if you don’t make your dreams happen then they won’t. And, what’s worse, your ex might end up more successful than you.
why you should keep your money in your 401(k) plan @ gather little by little - [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 18, 2008 at 7:00 am ET
Debt reduction is very popular in the personal finance blog world. Some of my favourite blogging friends are trying to reduce their debt (including being frugal, I’ve paid for this twice already…, single guy money, credit withdrawal, rocket finance, gather little by little, and others).
I have two major debts, the largest is my mortgage which [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 17, 2008 at 7:00 am ET
So, for whatever reason, you’ve decided to move out of your current living situation and set up on your own. What’s a good plan of action?
It would help if you had a reasonable budget - understand your current income and expenditures, which might include debt repayment, a car, various hobbies, eating out, mobile phones and [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 16, 2008 at 7:00 am ET
In many respects overspending and overeating are likened to addictions. Indeed, for all I know they could be actual physical or psychological addictions.
overcoming addictions
With most addictions, received wisdom states that the only way of overcoming an addiction permanently is to entirely give up the substance that you are addicted to. There are various reasons why [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 15, 2008 at 7:00 am ET
Making it automagical has got to be my favourite personal finance tip of all time. Prior to my conversion, I was often late with bills, not because I didn’t have the money, but because I’m a born procrastinator. Why do today, what you can put off until tomorrow? They’ll charge you for it, that’s why.
In [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 14, 2008 at 5:00 am ET
Hello, and welcome to the carnival of personal finance: British photo quiz edition. You’ll notice that amongst the many splendid personal finance submissions this week, there are a number of pictures of British buildings and people. It’s your job to guess as many of these as possible. Answers may be provided at the end.
plonkee’s picks
As [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 11, 2008 at 7:00 am ET
This is a new departure for me, I’ve an avid reader, but I haven’t really given you any book reviews yet. So for 2008, I’m planning to make the second Friday of the month, book review Friday. My first choice is a book that I read over the Christmas break, The Money Diet (apparently cheapest [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 10, 2008 at 7:00 am ET
Start now.
Invest in something sensible.
Repeat step 2 a lot until you get enough to retire on
start now
If you haven’t got any retirement plans in place, then do something about that today. None of us are getting younger, and we all need to make plans as soon as possible.
invest in something sensible
Do no invest in something [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 9, 2008 at 7:00 am ET
Yesterday, after a comment on ISAs versus pensions from Nick, I described one way of using a buy to let investment to fund a retirement. Today, I’m comparing that to a standard pension invested in the stock market.
recap
Yesterday I calculated that an initial investment in a buy to let property of £30,000 and a further [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 8, 2008 at 7:00 am ET
I recently compared pensions and ISAs as investment wrappers after being inspired by a reader’s comment. In response to that post, Nick said:
It’s been suggested to me that a good option is to buy property to let over the same period I would normally be pay into a pension plan, then use that to fund [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 7, 2008 at 7:00 am ET
Since I let you in on how much I’m worth (alive - like many people I’m worth more dead) and how I spent my money last year, you might also be interested to see how I’m planning to spend it in 2008.
I’ll hand you over to my beautiful chart:
Just to let you know what’s in [...] ... ( more)
From Plonkee Money - view blog entries - visit this blogJanuary 6, 2008 at 4:57 am ET
Firstly, I’d like to introduce my new blog, the religious atheist, where I’m going to be writing about religion, philosophy, inspiration, values and the meaning of life from a more skeptical point of view. So far, my favourite post is Disentangling Truth from Facts but I’ve got plans to write lots more good ones.
I’ll be [...] ... ( more)
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