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Income Statement, August 2005

by Luke Landes

In conjunction with my August balance sheet, here is my August income statement, followed by some notes.

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Balance Sheet, August 2005

by Luke Landes

Once again, ladies and gentlemen, it’s time for the monthy progress report. The good news is my balances went up this month. The bad news is that it wasn’t by much. If I get around to posting my income sheet for the month, we’ll be able to see where the problems lie. I keep adding ... Continue reading this article…

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Housing Boom Will Simmer

by Luke Landes

Federal Reserve Chairman Alan Greenspan commented a few nights ago: Nearer term, the housing boom will inevitably simmer down. As part of that process, house turnover will decline from currently historic levels, while home price increases will slow and prices could even decrease. As a consequence, home equity extraction will ease and with it some ... Continue reading this article…

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Back to New Jersey

by Luke Landes

A short while ago we arrived home in New Jersey from our vacation in Williamsburg, Virginia. More on that later. It would take me a year to catch up on the messages posted on personal finance blogs in the last five days, but I should mention at the very least that the Carnival of Personal ... Continue reading this article…

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Account Balances and Income vs. Expenses, June 2005

by Luke Landes

If you continue reading this entry, you’ll find my account balances for the end of June, 2005. Some notes: * I have been on a month-to-month lease, which costs me $300 extra each month! I paid for a little more than two months of that fee this month and I haven’t bothered to accrue. That ... Continue reading this article…

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Entitlement Generation?

by Luke Landes

The latest term for those of us (though I will soon be abandoning this club) in our twenties is the Entitlement Generation. As the article notes, every generation has its period of negative labeling: “In their day, baby boomers were rabble-rousing hippies, while Gen Xers were apathetic slackers.” The crux of the Entitlement Generation is ... Continue reading this article…

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Account Balances, May 2005

by Luke Landes

Below are my account balances for the end of May, 2005. The balances are displayed next to the two previous months as well as May, 2004 for comparison. I’m slowly making my way, despite May’s net worth being a little lower than April’s. Some notes: * There is a value listed for my 2004 Honda ... Continue reading this article…

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Is The MBA Worthwhile?

by Luke Landes

Loyal readers may recall that I’ve been working on my MBA (master of business administration) degree through the University of Phoenix Online. Other MBA students from more traditional graduate schools are often surprised when I describe the amount of work required for the degree. I have a little less than a year left if I ... Continue reading this article…

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