Archive for the ‘Retirement’ Category

Back to Basics: Spend less than you earn

Sunday, October 5th, 2008

Pretty much any good personal finance resource you run across will talk about this: Spend less than you earn.  All this means is that your expenses (everything that leaves your wallet) are less than your income (everything that enters your wallet). If you're spending more than you bring ...

Frugality trumps return on investment

Wednesday, September 17th, 2008

I was chatting with one of the members of my credit union's supervisory committee after our meeting today.  We had just talked with the CEO about the ongoing banking bailouts, buyouts, and other assorted taxpayer deficit bonanzas, and we all recounted stories of investments becoming worthless amidst company bankruptcy. ...

Are you working feverishly to meet your financial goals?

Saturday, August 16th, 2008

This week NetFlix's distribution system went down in a big way for three days.  Getting videos to its customers is the largest chunk of what it does, so not being able to do this is a big problem for NetFlix.  They stand to lose a few customers and stand to ...

There is NOTHING unpatriotic about retiring early

Friday, August 8th, 2008

Early retirement is a dream of many Americans -- one that can be achieved by sacrificing early in one's life to tuck away enough of a nest egg that the possibility of outliving one's money is remote, or at least easily fixed.  This is a good think to achieve, right? ...