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Financial Update – January

by Flexo

It has been a month of gift giving and trip taking, so I’m not expecting to see much progress. To the tape! January 17 December 17 Cash Accounts: $ 13,760 $ 14,621 Taxable Investments: $ 3,189 $ 2,974 401k (Pre-Tax): $ 8,919 $ 8,250 Roth IRA: $ 1,763 $ 1,416 Credit Cards: ($ 1,821) ... Continue reading this article…

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Time to Think About Gift-Giving

by Flexo

Fool.com: Couples and the Christmas Cash Crunch Have you budgetted for the holiday season? Planning on going into debt to pay for all the people in your life who deserve the kind of Christmas you used to have? There are some good tips in this article to help you get through the holiday season without ... Continue reading this article…

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Good News and Bad News

by Flexo

Let’s start with the bad news. The bad news is public college costs jumped 9.8 percent and private college costs went up 5.7 percent. The good news is that colleges are giving out more money to students. The bad news is that this money is in the form of loans, not grants. The good news is colleges ... Continue reading this article…

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Longer Auto Loans

by Flexo

Lenders are giving huge incentives for customers to take on longer auto loans—six or seven years. At the same time, the average age of a car when traded in is less than 5.5 years. This means that people generally trade in their cars while still owing money. Another result of these longer loans is that ... Continue reading this article…

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Bartering in a Bad Economy

by Flexo

Joan Ferreria of the Bronx, 19 and unemployed, has traded his Web design skills for a computer keyboard, as well as piano, photography and driving lessons. For giving Spanish lessons, he has banked two 30-day unlimited ride MetroCards. [New York Times article, username: flexoweb, password: flexo] In a bad economy, some people turn to bartering ... Continue reading this article…

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How Much To Be Rich?

by Flexo

How you choose to spend your money has something to do with how wealthy (or poor) you feel. If you’re constantly confusing need with desire (desire to keep up, desire to have the latest and greatest, desire to show off), chances are you’ll never feel rich enough. This article tells the reader what he already ... Continue reading this article…

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