I recently bought a copy of The Automatic Millionaire. It was a good read, and much to my surprise, wasn’t full of claims to make you a millionaire overnight. In fact, it really wasn’t even about “new” information. Everyone “knows” you should put money in your retirement account. Everyone knows that the power of compounding …
Monthly Archives: January 2006
Starting out, and the 60% solution
One of the most basic things to start doing is tracking your expenses (I just download statements from my credit card, checking account, and savings account, and put them into Excel.) While doing that, I went and looked for a budget. But budgets suck! You never follow them for very long because they feel so …
New Year, New Blog
Welcome, one and all. I have started this blog because I like helping people, and have noticed that a lot of my friends aren’t sure what to do about their finances. Worse, a lot of people (myself included) have bad habits that are wasting money. Since I graduated from college, I’ve been reading a lot …