Jan
24
Reusable Shopping / Grocery Bags
January 24, 2008 | 1 Comment
People are switching from the flimsy plastic bag to reusable bags. A very good idea, in my opinion. They do help save the environment a little (I am not convinced they do it as much as other measures you can take). They can also save you some cash. My local supermarkets give me a credit [...]
Jan
24
Keep It Nice and Tidy
January 24, 2008 | 1 Comment
Homes are not selling easily. House prices are falling. 2007 challenged the old-age idea that Real Estate doesn’t go down (at least in a nationwide level). Investing World Today suggests reasons why a particular home may not be selling, worthy of reading when you need to sell a home in this very difficult market. In [...]
Jan
24
2008 Financial Resolutions
January 24, 2008 | 2 Comments
Here is a list of my 2008 Financial Resolutions:
2008 Financial Resolutions
Goal
Description
Stay Independent
I like the independent consultant’s life.I also like all of what I am learning.
My goal is to be able to stay independent without loosing my shirt.
The only way I would go back to a permanent employment is if they offered me a $200,000 base [...]
Jan
24
2007: Financial Resolution Review / Scorecard
January 24, 2008 | 3 Comments
Every year I have been posting Financial Resolutions. This keeps me honest with what I say I will do. I am a strong believer that you should share your goals and objectives with your friends: as they will hold you against them and will nag you until you finish them (your real friends [...]
Jan
23
Paying Mortgage Early?
January 23, 2008 | 2 Comments
The traditional wisdom in the USA is that paying a mortgage early doesn’t make too much sense when you compare it to putting money into savings or investments. The Sub Prime crisis make me think again about this situation.
The first thing I have in mind is what interest rate you got from your bank. We [...]
Jan
22
How do we get our cheap goods now?
January 22, 2008 | Comments Off
The market slump we saw in the last couple of days is a reflection of a breakdown in one of the most interesting money cycles in history. It seems that American (and other industrialized) consumers have been on a shopping spree for goods produced by emerging economies. Those economies didn’t knew what to [...]
Jan
16
When It Pays To Take The Long Warranty? – Water Heaters
January 16, 2008 | Comments Off
On very few things I get impressed by the warranty ratings. Cars could be one thing. But Water Heaters warranty ratings is definitively one thing I do watch. Blueprint For Financial Prosperity ponders the question about paying double for the water heater with the extra warranty ($755 12 year vs. $355 for the 6 year). [...]
Jan
16
Quicken WillMaker – Review
January 16, 2008 | 1 Comment
One of my 2007 Goals was to prepare all of the disaster-related papers. Those include:
Last Will – Who inherits what.
Health Care Proxy & Health Care Directives – Who can make live saving or live terminating decisions on your behalf. Two documents for this purpose.
Durable Power of Attorney – Authorization to make financial decisions on your [...]
Jan
16
Turning a Recession Into An Opportunity
January 16, 2008 | Comments Off
There is no denying that recessions are not good for anyone. People and companies are cash strapped and are afraid because they do not know when things will get better. Recessions do not give any reasons to celebrate about them.
Recessions, however, provide opportunities. Proactive people pick up themselves from the sad [...]
Jan
14
Specialization or Broad Market
January 14, 2008 | 1 Comment
I frequently ponder the question: should I go deeper into the same sub-market, or should I try to expand into a broader market? The kinds of services we offer in my consulting firm, so far, have been fairly specialized. Catering to big telecommunication companies, their resellers, or their vendors. On [...]
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