Naked With Cash is the year-long series on Consumerism Commentary where seven readers’ households share their financial progress on a monthly basis. I’ve partnered with financial planners who will offer some guidance along the way. This month, the participants and experts are discussing, among other things, tax planning. Read this introduction to learn more about the series.
Kathleen is thirty-one years old, single, and living in Portland, Oregon. She loves her job, even if it isn’t very lucrative. With her $33,000 income last year, she’s looking to make more money from “side hustles” this year, such as her blog, Frugal Portland. To learn more about Kathleen, read her bio here. Kathleen is on Team Sara, with Certified Financial Planner Sara Stanich.
For Kathleen’s progress over the past year, see her 2012 wrap-up. Kathleen has already made great progress this year, as you can see from last month’s February update.
This month’s report, below, includes Kathleen’s progress over the three months leading up to the end of March 2013. Following Kathleen’s own self-analysis, normally Sara Stanich would offer thoughts from her perspective, but this month, Neal Frankle, CFP is standing in. Following Neal’s comments, budgeting expert Jacob Wade from iHeartBudgets will also provide his own insight.
Neal Frankle, CFP appears courtesy of Wealth Pilgrim and Wealth Resources Group.
Read the full article →
Naked With Cash is the year-long series on Consumerism Commentary where seven readers’ households share their financial progress on a monthly basis. I’ve partnered with financial planners who will offer some guidance along the way. Read this introduction to learn more about the series. This month, the participants and experts will be discussing tax planning as part of their analyses.
SteveDH is retired, and he and his wife have two grown kids. By the time he retired in 2008, he had reached his retirement asset goal of $500,000. His goal now is to ensure his last as long as he does. Read his bio to learn more about SteveDH. SteveDH is on Team Roger, with Certified Financial Planner Roger Wohlner.
This is Insurance Month at Naked With Cash, so each participant has been encouraged to share details about their coverage, and the experts will provide their perspectives on the topic.
Keep reading to see his net worth report, updated for March 2013. For SteveDH’s progress over the past year, read his 2012 summary. Following the analysis from SteveDH, Roger Wohlner will offer his own thoughts and guidance from his planning perspective. Jacob Wade, a budgeting expert who publishes from iHeartBudgets, will also provide commentary.
Roger Wohlner, CFP appears courtesy of The Chicago Financial Planner.
Read the full article →
Naked With Cash is the year-long series on Consumerism Commentary where seven readers’ households share their financial progress on a monthly basis. I’ve partnered with financial planners who will offer some guidance along the way. Read this introduction to learn more about the series. This month, the participants and experts will be discussing tax planning as part of their analyses.
Anonymous S is a 24-year-old engineer earning $67,000 a year plus bonus. He also builds websites on the side for an hourly fee of $20 to $35. Read his bio here. Anonymous S is on Team Roger, with Certified Financial Planner Roger Wohlner.
Last month, Anonymous S described his progress as of February 2013. You can also catch up on his net worth history through 2012 by reading his fist Naked With Cash monthly entry. Keep reading to see his net worth report for March 2013.
Following the analysis from Anonymous S., Roger Wohlner will offer his own thoughts and guidance. Following Roger’s feedback, Jacob Wade, budgeting expert and founder of iHeartBudgets, will provide additional commentary.
Roger Wohlner, CFP appears courtesy of The Chicago Financial Planner.
Read the full article →
Naked With Cash is the year-long series on Consumerism Commentary where seven readers’ households share their financial progress on a monthly basis. I’ve partnered with financial planners who will offer some guidance along the way. The participants and experts are discussing tax issues among their commentaries this month. Read this introduction to learn more about the series.
JW is thirty-one years old and a father of one with another one on the way within a month. He works in retail and is underemployed, and his wife and son are on state medical plans, and their income is supplemented by SNAP (food stamps). Read his bio for more information about his family’s situation.
His goal is to be able to provide for his family while still tithing 10% of his income to his church. JW is on Team Neal, with Certified Financial Planner Neal Frankle. For JW’s progress throughout 2012, read his summary from earlier this year. Today’s financial report describes his progress throughout March 2013, with comparisons from the two months leading up.
Keep reading for JW’s March update. JW’s own analysis and comments are followed by feedback from Neal Frankle and budgeting expert Jacob Wade, founder of iHeartBudgets.
Neal Frankle, CFP appears courtesy of Wealth Pilgrim and Wealth Resources Group.
Read the full article →
Luke Landes founded Consumerism Commentary in 2003 and has been building online communities since 1990. Luke, also known as Flexo, has contributed to PC World Magazine, US News, Forbes, and other publications. 
