Yahoo Finance had an article about Madison DuPaix, author of My Dollar Plan blog. For those not familiar with Madison, she is a Wisconsin resident that retired at the age of 29. Her plan was simple, save and take advantage of what was available to make frugal decisions. She’s the perfect example of what an aggressive saving plan can provide (she saved half of her take-home pay, maxing …
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Posted under Investing, Spending
Written by Matt on October 31, 2008
I came across an article on Yahoo Finance that the issue of privitizing social security may not be dead after all. Currently, neither Obama nor McCain want to even mention privitization. With the down market, it’s not a popular plan in the least. However, everyone is aware of the problems with Social Security:
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Written by Matt on October 9, 2008
You’ve likely seen their ads on television. They are an online bank, and have both checking and savings accounts. We have been using their Orange savings account for some time now and love it. It is extremely useful and the options they have work very well with long-term budgeting (I’ll be posting on how to use ING Orange Savings for this).
They have a 3% APY savings account. If …
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Posted under Budgeting, Deals, Investing
Written by Matt on October 1, 2008
On Monday, the Dow lost over 777 points, the largest point drop in history (though I will also point out that if it didn’t even break the top 10 worst days percentage wise). If you were listening to radio or television, you’d think this was the worst financial disaster in history. The negativity I heard was unbelievable, clearly it’s time to panic!
Not so fast… Here we …
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Written by Matt on September 30, 2008
With the recent failure of Washington Mutual, a lot of people are worried about their money. Should we be taking our money out of the bank so that it won’t disappear in a bank failure?
The answer is a very clear no. Thanks to the FDIC (created in 1933), insured accounts are safe in the bank up to $100,000 ($200,000 if a joint account with your spouse). Generally, …
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Written by Matt on September 30, 2008
