Wednesday, June 20, 2012

What's in a Cname?

A rose by any other cname would smell as sweet
Sorry for the delay on new posts, I'm working to switch over to and my technical staff is working around the clock (probably on his day job, I'm trying to get on his calendar).  Also, I never anticipated so many redditors would still be visiting my link.  I still get about 20 hits a day from that one post and it is now about 3 weeks old.  I will have to see if there is anything I can do to redirect that as part of this process, or otherwise leave this link up.  My computer skills are limited to google searches and so far my efforts have been frustrating, or perhaps better thought of as a nice test of my patience.

Anyway, all of this is to say, if you bookmark me please make it, since everything should be moved over there soon (right now it redirects here).  I will also be posting the content I've been working on.  Thanks for your understanding.

Wednesday, June 6, 2012

Dealing with Debt

When pruning shears won't cut it
Estimated Planning Time: 1 hour
Materials: Results from Creating a Balance Sheet, Tracking Your Spending, and Creating a Budget
Project Difficulty: Easy

I have to admit up front that my personal experience with consumer debt is limited. Through a combination of upbringing and circumstance, I have never had any debt other than a mortgage. I have, however, spent a lot of time thinking about how I avoided it while others did not, so I hope I can add something to the subject.

Tuesday, June 5, 2012

Updating Insurance Coverage

Do you have end of civilization coverage?
Estimated time: 2 hours
Materials: insurance records
Project difficulty: medium to difficult

If you are following along with my introductory 10-part money primer, you just finished calculating your emergency fund. Something to consider when calculating your emergency fund are your insurance deductibles. Now that you have your insurance documents out, why not go over them to see if you still have the right types and amounts of coverage?

Monday, June 4, 2012

The Emergency Fund

When that silver lining appears tarnished
Estimated Calculation Time: 30 minutes
Materials: Results from Creating a Budget, Personal Balance Sheet and Insurance documents
Project Difficulty: It depends

I was talking to a good friend of mine about personal finance and he admitted that his credit card was his emergency fund. Now, this friend is a very intelligent and insightful guy and after I picked my jaw off the floor I explained why his arrangement is a bad idea.

My Tumblr Feed