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Finance Matters
Blog dedicated to financial matters including money, personal finances, money management, cash flow, saving, spending and retirement.
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Before you buy a new bigger house - Tips for home buyers
2008-02-16 14:31:25
Before you buy a new bigger house
Tips for second time home buyers
I’m writing this article from personal experiences. Many times in life we look back on financial decisions and not necessarily regret those decisions but wish we would have though through the consequences more before signing the paperwork. Buying a home is definitely no different and [...] ...
House
Tips
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Trade car because of high fuel prices?
2008-02-13 03:17:34
Trade car because of high fuel prices?
Have you ever heard someone say they need to trade their car in because they can’t afford the high gas prices? Even though they just purchased their gas guzzler a year ago and may take a huge loss the newly purchased vehicle. Is this a logical choice, or are [...] ...
Car
Fuel
Trade
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Need to save 10% of your gross income for retirement?
2008-02-11 13:51:56
Need to save 10% of your gross income for retirement?
Fact or Fiction
Many financial experts recommend setting aside at least 10% of your gross income for retirement, is this enough, too much, or just right? 10% might be a good starting point but this so called rule ignores several important factors like the return that the money [...] ...
Income
Retirement
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Dave Ramsey, the real deal?
2008-02-08 18:54:02
Dave Ramsey, the real deal?
Dave Ramsey is the famous voice of radio, TV, and stage who talks about financial matters and teaches us the steps to a debt free life, building wealth, planning for retirement, and finally giving to others. He is a great motivational speaker and all of his principals are built around Biblical teachings. The Dave Ramsey [...] ...
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What will you do with your $600?
2008-02-08 03:36:05
What will you do with your $600?
As you should know by now the Congress passed the bill that would give nearly $160 billion to Americans. The plan is to give $600 to almost every taxpayer in hopes that they will immediately turn around and spend the money, in turn boosting the economy. Will the plan [...] ...
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Keep mortgage and Invest?
2008-02-07 04:39:37
Keep mortgage and Invest?
Here is a topic that I’ve talked to many people about and get very mixed opinions on what is the best choice. Should you keep your current mortgage and only pay the minimum payment, putting any extra money you have into investments? Or should you pay all extra money toward the principal [...] ...
Mortgage
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INVEST, Now is the Time.
2008-02-07 02:36:24
INVEST, Now is the Time.
When talking about investing, especially in individual stocks, you might have heard the old saying “buy low, sell high”. However, what happens many times is investors get scared when the stock price drops well below what they purchased for and they end up selling for a small loss, when they should [...] ...
Time
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Three ways to Increase 401K Contributions without hurting your budget
2008-01-31 03:29:31
Three ways to Increase 401K Contributions without hurting your budget
You know you need to either start contributing to your 401k plan or increase the amount you are contributing but where do the funds come from? It can be hard to pull money out of your normal budget to invest for retirement especially if you are [...] ...
Contributions
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Washington Mutual Inc. (WM) - BUY
2008-01-30 03:56:45
Washington Mutual Inc. (WM) - BUY
Ok, here is my next stock pick. Last one I picked was TZIX and as of today it’s up over $3 per share since I picked it. Today I added this stock to my Roth IRA portfolio, Washington Mutual, Inc. (WM). I know it’s somewhat risky to invest in any [...] ...
Inc
Mutual
Washington
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When should you teach your children about money?
2008-01-26 19:42:43
When should you teach your children about money?
Many wonder at what age is it appropriate to start teaching your children about money? When can the understand the concept of money and finances? Some may disagree with this but I think you can start teaching a child as early as three. ...
Children
Money
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Fun Budget Vacation Ideas
2008-01-22 02:51:57
Fun Budget Vacation Ideas
When most people think of a fun vacation the following words don’t usually come to mind:Â cheap, economical, inexpensive, low cost, budget, practical. However, I’m here to tell you that you can have a great time on vacation and still not empty the emergency fund or have to finance a vacation. ...
Fun
Vacation
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Cash Advance or Pay Day Loans Rip Offs!
2008-01-20 05:35:13
Cash Advance or Pay Day Loans Rip Offs!
Hopefully no one reading this has taken part in this type of “loan”. Cash advance or pay day loan businesses are the biggest ripoffs in the industry and in my opinion should be banned from business! First off only lower income families will take part in this scam [...] ...
Cash
Loans
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Refinance Your Home Loan to Pay for Car?
2008-01-18 05:29:32
Refinance Your Home Loan to Pay for Car?
Should you refinance your existing home loan to pay for your car loan? When you first think about the logic it doesn’t sound like a financially smart choice to make, but after doing some math could you actually save some money? Let’s start with some sample numbers and [...] ...
Car
Loan
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Keep the change - Savings Account
2008-01-14 19:12:13
Keep the change - Savings Account
Before I get started, no I’m not getting any kind of reward for promoting this program, but I do think it’s a great idea. The program is called Keep the Change and it’s offered by Bank of America. It’s basically a savings account built into your debit card. There is [...] ...
Account
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Life Lessons
2008-01-13 02:27:11
Life Lessons
Many times in life we realize we make mistakes with home issues, relationship issues, work issues, or financial issues. How many times do you wish that you could go back in time and redo certain events. This section is dedicated to financial lessons that we have all learned in life and hope to never [...] ...
Lessons
Life
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Price of Convenience
2008-01-12 04:41:33
Price of ConvenienceÂ
I learned at a very early age that you have to pay a premium for convenience, but I just learned about something tonight that blew my mind. As I was sitting on the couch getting ready to find a topic to write about my wife asked me if I would do her a favor. [...] ...
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Federal reserve bank drops the federal reserve rate?
2008-01-11 04:28:04
Federal reserve bank drops the federal reserve rate?
Could this be the headlines on the internet at the end of the month? With all the talk of a recession just around the corner is there anything that can be done to prevent a recession? The federal reserve chairman, Ben S. Bernanke, gave strong suggestions that the [...] ...
Bank
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Money Talks
2008-01-08 17:18:55
Money Talks
Do you listen?
The phrase “Money Talks” is pretty common in our society. ACDC the famous rock band from the seventies wrote a song Money Talks, there was a movie that was produced in 1997 with the title Money Talks, a book entitled Money Talks: How to Make a Million as a Speaker, as well [...] ...
Money
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Buy A Car Payment?
2008-01-08 16:24:10
Buy A Car Payment?
Ever bought a car payment? I hate to admit it but I have. What exactly do I mean by buying a car payment? I mean going to shop for a car with a monthly payment in mind. What’s so bad about buying a car payment? ...
Car
Payment
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Gift giving credit cards
2008-01-07 18:53:44
Gift giving credit cards
Let me start by saying I’m not a big advocate of gift cards or credit cards. According to Needham, Mass.-based consulting-firm TowerGroup, more than 10 percent of the $58.3 billion in gift cards bought this past year won’t be used. It’s a great way for companies to add extra profit but it’s also [...] ...
Credit
Credit Cards
Gift
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Accept Responsibility for Your Finances
2008-01-06 19:38:30
Accept Responsibility for Your Finances
Alright America, it’s time to grow up and accept responsibility for your own financial actions. Quit trying to blame your irresponsibility and lavish spending habits on someone else then looking for help in the wrong places. As we age we have to accept that we must be more responsible for our actions in [...] ...
Responsibility
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Check your finance knowledge
2008-01-06 06:16:36
Check your finance knowledge
Think you know everything about money and finance, well that may be so but please take our quiz to find out. It’s fun and who knows you might learn something! Post your results and comments as well as anything you learned.
Get Your Own Quiz!, More Quizzes ...
Check
Finance
Knowledge
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Mortgage Payment Calculator
2008-01-05 20:17:43
Mortgage Payment Calculator
Calculate your monthly payment on a new home or how much your payment will be on a refinance with our simple payment calculator. Even the smallest amount of interest rate can save you thousands of dollars over the lifetime of a 30 year loan. Don’t waste your money use our calculator as a [...] ...
Calculator
Mortgage
Payment
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Calculate Private Mortgage Insurance (PMI)
2008-01-05 19:40:59
Calculate Private Mortgage Insurance (PMI)
Private mortgage insurance (PMI) or Lenders mortgage insurance (LMI) is only issued with conventional loans. It is required when you purchase a home with less than a 20% down payment. It’s basically an insurance policy that is payable to the lender in the chance that the borrower defaults on the loan. [...] ...
Insurance
Mortgage
Private
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Help me I’m Rich!
2008-01-04 15:44:56
Help me I’m Rich
Social Security, in the United States, currently refers to the Federal Old-Age, Survivors, and Disability Insurance (OASDI) program. Social Security involves several programs all designed to help Americans in need either in retirement, disability, help with children, etc.  It’s basically an insurance program which is funded through a dedicated payroll tax called Federal [...] ...
Help
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TriZetto Group Inc. (TZIX) - BUY
2008-01-04 06:23:52
TriZetto Group Inc. (TZIX) - BUY
Looking for a good stock to add to your portfolio? I’m going to play the stock picking game and track my results. Here is my current pick and I’m going to chart my progress over the next few months. I’m buying TZIX today January 4, 2008 at $16.26 per share. [...] ...
Inc
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Mortgage Bailout, Fair or Unfair?
2008-01-04 05:06:06
Mortgage Bailout, Fair or Unfair?
(fixed rate mortgage versus variable rate mortgage)
On December 6th, a new plan was unveiled to help a small percentage of homeowners who purchased their homes with a variable interest rate mortgage. This plan, in theory will help minimize the negative impact of the down housing market and the struggling U.S. economy. [...] ...
Mortgage
Unfair
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Spending money frivolously
2008-01-03 21:39:54
Spending money frivolously
Ever just go out and buy something just because you deserve it, even though you know you shouldn’t? America as a whole has became a very frivolous nation with its spending habits, and many may not even realize how much they really spend. Credit cards have replaced cash making it difficult to track [...] ...
Money
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College Student Loans
2008-01-03 21:38:15
College Student Loans, worth the investment?
More than likely if you have attended a college or university you have some type of student loan. According to CNN.com, “Nearly two of every three undergraduate students are going into debt to go to college, owing an average of more than $19,000, most often to the government.” With these [...] ...
College
Loans
Student
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A Basic Budget
2008-01-03 16:50:17
A Basic Budget
Do you have a budget setup? Do you even know what a budget is and why you should have one? The basic principle of a budget is to track your earnings and spending habits over a certain period of time. Setting up a simple budget can be a simple process and you can [...] ...
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