Michael on April 11th, 2008
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
In June 2006, I declared bankruptcy. I took it seriously and have reformed my financial ways. I now have a reasonable paying job, live within [...]

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Michael on April 10th, 2008
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I just stumbled on this not so recent but still accurate summary of how life insurance companies hawk their wares to the Gary’s of the world. None of this should shock you, yet the extent of the commission-first culture may startle you. It’s unfortunate, but Gary only exists thanks to these companies’ marketing [...]

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1. My house is my IRA; I don’t need to save for retirement.
Oh c’mon! Open a freakin’ newspaper. I told people this was nuts from 1994 to 2005, but now–finally!– most people get it. Sadly, there’s a few of you out there who think (or at least act) as [...]

Continue reading about Five (Nonsensical) Reasons to Delay Saving for Retirement

Michael on April 8th, 2008
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MoneyNing hosted this week’s personal finance carnival featuring my recent article The Great IRA Contribution Squeeze which discussed a really easy strategy to maximize the amount you are able to save in your IRA each year.
As usual, there are dozens of good personal finance articles in the carnival but I’ll limit my recommendation to just [...]

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Michael on April 7th, 2008
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Good news. Beyond Paycheck to Paycheck is going back to the presses and I’d like to offer you the opportunity to–
You: Me?
Yes, you.
You: Why me?
Look, not just you. You and the other readers of this blog.
You: I knew that.
If you dream of seeing your name in print at the bookstore but don’t want [...]

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Michael on April 4th, 2008
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It’s Friday, so it’s time for this week’s reader-submitted Q & A. If you’d like to submit a question, click here for more information or simply email a question.
Is the intention of the minimum requirement distribution of your IRAs to deplete them, little by little? Somewhere down the line my monthly interest will be [...]

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Michael on April 3rd, 2008
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In Down the Tube: the Sad Stats On Happiness, Money and TV, Jonathan Clements provides the highlights of a study questioning why, despite four decades of economic gains, people are not significantly happier now. Broadly, I learned that there are three main components to my (and apparently your) happiness:

Your personal disposition. This [...]

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Michael on April 1st, 2008
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This week’s Carnival of Personal Finance features my earlier post Three ways to know if you have a good tax preparer. Of course, there are several other compelling articles in the carnival. Rather than list a lengthy list (because, after all, I know you have so much extra time), I boil it down [...]

Continue reading about Investment expenses are very important