Top Personal Finance Posts Of The Week – September 30, 2011

Posted September 30th, 2011 in Blog Carnival by Jeremy Waller

Top Personal Finance Posts of The Week

Happy Friday! Hope you’ve had a great week. As you roll into the weekend, take a few minutes to check out the top personal finance posts of the week. These are hand-picked posts that were either submitted via the blog carnival or interesting content that I plucked from my feed reader. If you submitted a post and didn’t get picked, don’t worry! There were over 30 submissions this week!

In no particular order, here are my favorite posts of the week: Continue Reading »

I Have Joined the Yakezie Challenge!

Posted September 27th, 2011 in News by Jeremy Waller

Proud Member of the Yakezie Challenge

What the heck is the Yakezie Challenge?

I didn’t know what it was myself until a few days ago.

Just starting out on this blog, one of my immediate goals is to connect with other finance bloggers.

I don’t want to just ramble on for myself. I want others to see my ramblings!

I know one of the best ways to grow an audience is to build relationships with other bloggers.

I also think that having strong relationships with other bloggers will allow me to provide better information to anyone who end up following my journey. No man is an island? Right? Continue Reading »

The Average Cost of Food Per Month for One Person Is Surprising!

Posted September 26th, 2011 in Budgeting by Jeremy Waller

When I was in college I lived on a very lean budget. One of the leanest areas was what I budgeted for food. My entire food budget was $25 per week. That included both groceries and any dining out. (Needless to say, I didn’t do much dining out.)

I always knew that my food budget was really low. What I didn’t realize was how low it was.

Continue Reading »

Top Personal Finance Posts Of The Week – September 23, 2011

Posted September 23rd, 2011 in Blog Carnival by Jeremy Waller

Top Personal Finance Posts of The Week

It’s Friday again and that means it’s time for the weekly round up of the top personal finance posts of the week. These posts are either ones I came across myself and found compelling or ones that were submitted via the blog carnival. Continue Reading »

Sample Average Monthly Budget For a Single Person Or College Student

Posted September 20th, 2011 in Budgeting by Jeremy Waller

Sample Average Monthly Budget For a Single Person Or College Student

Not long ago I wrote on how to make a budget plan. If you really want a detailed look at how to set up a reasonable budget for yourself then take a look there. If you are learning to budget or just want some easy to follow numbers though then I’ll try to break it down in this post.

Since I don’t know your specific situation I’m going to use some very broad assumptions.

I’m going to base this sample budget on someone working full time at $10/hr. That’s probably a pretty safe number for someone who is just getting out on their own.

If you make less than that then you’ll have to cut some of the numbers below. If you make more then follow the budget below and save the rest! Continue Reading »

Top Personal Finance Posts Of The Week – September 16, 2011

Posted September 16th, 2011 in Blog Carnival by Jeremy Waller

Top Personal Finance Posts of The Week

Happy Friday everyone! Starting this week I will be doing weekly roundups of the top personal finance posts of the week. These posts are either ones I came across myself and found compelling or ones that were submitted via the blog carnival.

So without further ado, let’s get started! Continue Reading »

Find The Fastest Way To Pay Off Your Mortgage With This Calculator

Posted September 13th, 2011 in Debt, Real Estate by Jeremy Waller

A lot of people would love to know how to pay off their mortgage faster. The problem is, they don’t know where to start. I tried to show the effect of making extra payments in my post how how to pay off your mortgage in 5 to 7 years.

I know the problem with that is that it can be intimidating to hear that you need to come up with $1,000 extra per month. This would be extremely difficult for most people.

Then there’s the question of what kind of an impact it would have if you make one big extra payment – maybe applying a bonus you were given. Continue Reading »

Is it Better To Pay Off Your Mortgage Early Or Invest?

Posted September 11th, 2011 in Debt, Investing, Real Estate by Jeremy Waller

Should you pay off your mortgage or invest?

Not long ago I talked about how to pay off your mortgage early. For many people that is exactly what they would like to do. Pay off their mortgage and be debt free. The idea of not having a mortgage payment each month may excite you. But is it really better to pay off your mortgage early or invest?

A lot of people I’ve talked to don’t care if investing is better or not. The emotional benefit of being totally debt free is more important than anything. If you’re in that boat, then that’s fine. Being totally debt free is a great goal to have.

But I hope you’ll stick with me and see if it is better to pay off your mortgage early or invest the extra money in something else. Continue Reading »

8 Questions To Ask When Buying A Car

Posted September 6th, 2011 in Cars by Jeremy Waller

Unlike most people, I love shopping for a car. I love the “thrill of the kill” when I win the negotiations. What I’ve learned is that you will never win the game if you go in unprepared.

It doesn’t matter if you’re buying a new car or a used car you need to be prepared when walking into a dealership.  It’s all business to them. They don’t care what kind of car you end up in as long as they sell you something and get their commission.

You need to be prepared with a list of questions. The well-informed consumer will always end up with the best deal. Continue Reading »

Leasing a Car vs. Buying a Car – Don’t Let The Dealer Scam You

Posted September 6th, 2011 in Cars by Jeremy Waller

Should I Lease or Buy a Car?

I am really excited to talk about this today because so many people are confused on how leasing a car works. If you ask a dealer about leasing a car vs. buying a car they’ll just tell you that leasing makes it so you can get a better car for less money each month. Sounds great right?  But oh how the opposite is true.

When I was a broke college student I was in the same boat. I almost ended up with a leased car my sophomore year in college. I am so glad that I never signed that lease agreement.

If you’re thinking about leasing a car, you really need to understand what you are getting yourself into. Continue Reading »