Posted on September 1st, 2010 by by Jesse Michelsen
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This past Sunday marks the official end to the weight loss challenge I joined in May and I thought it appropriate to give a recap of the competition and share a few things that I learned along the way.
The winners of the competition have yet to be announced but so far we are holding in 5th place. Even though it doesn’t look like we will be taking home the $10,000 in cash prize, the competition was an overall success. Each member of my team (Baker@ManvsDebt, Brad@EnemyofDebt (and EnemyofFat), Paul@FiscalGeek, and Darren) did an amazing job and lost more weight [...] Continue Reading…
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Tags: basketball volleyball, body workout, brother, cash prize, crash diets, desk, exercise program, job, lean meats, mail, mental aspect, parking lot, running on a treadmill, sleep, sports, strict diet, tennis, three months, weight loss challenge, weight loss drugs
Posted on August 27th, 2010 by by Jesse Michelsen
I’ve got two young kids, and another on the way. One thing I am always interested in is ways that I can get my kids interested in learning about money just like their Daddy. So when I was offered a chance to review a set of CD’s based just on that topic, I jumped at the chance.
The CD set includes one CD full of stories about Sammy the Saver, the main character of the stories and the face of the company.
These stories aren’t your typical kids stories. Each story was in depth, and far more detailed than I expected. [...] Continue Reading…
Posted on August 26th, 2010 by by Jesse Michelsen
This is the second part of a three part series. The first and second parts of this mini-series can be found:
Do You Put Your Emergency Fund To Work? – Part 1
Do You Put Your Emergency Fund To Work? – Part 2
This next part of the series is contributed by Phil Taylor, creator of PT Money: Personal Finance. These are his thoughts on alternatives to the traditional savings account for holding an emergency fund.
A wise first step in any financial plan is to have a bit of easily accessible cash in the case of emergencies. This will help you avoid [...] Continue Reading…
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Tags: 401k, checking account, collateral, conventional wisdom, credit card interest, credit cards, credit score, emergencies, emergency fund, few days, financial situation, home equity loan, interest charges, mini series, money, mortgage, personal finance, phil taylor, traditional approach
Posted on August 26th, 2010 by by Jesse Michelsen
This is the second part of a three part series. The other two parts can be found here:
Do You Put Your Emergency Fund To Work? – Part 1
Do You Put Your Emergency Fund To Work? – Part 3
Just a quick refresher in case you missed the first part and are unwilling to quickly read it over
The bank I hold my emergency fund has closed down. I have since moved the money from that account to my savings account but I want to find a more suitable home for it. The money is my emergency fund, so there are [...] Continue Reading…
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Tags: brokerage account, emergency fund, index fund, index funds, investment vehicle, Investments, liquidity, money contributions, mutual fund, mutual funds index, roth ira, savings account, simplicity, stocks, target date, tax money, tax penalty, time risk, viable solutions
Posted on August 25th, 2010 by by Jesse Michelsen
This is the start of a three part series. The other parts can be found here:
Do You Put Your Emergency Fund To Work? – Part 2
Do You Put Your Emergency Fund To Work? – Part 3
Since my bank closed down and I would be moving my emergency fund money over to one of the other banks I use, I got to thinking that I really need to put that money to work for me. A fully funded emergency fund ( 3-6 months of expenses), for just about anyone, is a lot of money, and having it sit in a [...] Continue Reading…
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Tags: banks, choices, couple options, discrepancies, emergency fund, fluctuation, frame requirements, fund money, installments, liquidity, long term investment, moderate risk, risk tolerance, threshold, time frame, wit