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Personal Income Statement, May 2007 (Net Income: $8,173)

by Luke Landes

If you haven’t already, please read my May balance sheet for the first part of this story. After an April in which my expenses outweighed my income (thanks to gifts purchased and tax owed), I was back in the game in May and posted a net income above $8,173, although almost $3,000 is “realized gain” ... Continue reading this article…

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Personal Balance Sheet, May 2007 ($98,224, +8.65%)

by Luke Landes

Thanks to more cash on hand and some investment growth, in May I came precariously close to a personal milestone: a six-figure net worth. This may not be that significant to most people; in fact, I’m not quite sure there is any significance for me. The actual number isn’t as important as what I’m doing ... Continue reading this article…

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Monthly Reminder: Susbscribe to Consumerism Commentary

by Luke Landes

Now would be a great time to become a subscriber to Consumerism Commentary. After all, why wouldn’t you? It’s free. By subscribing to our RSS feed, you’ll always be aware of new content here. I’ve recently become a fan of Google Reader, and if you are too, you can easily subscribe using this special link. ... Continue reading this article…

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This Week in the Archives: Be Your Own Boss, Graduation, and The Long Tail

by Luke Landes

If you’re new to Consumerism Commentary, you may have missed these posts from this week in the years gone before. Here are some articles from May 23-31, 2006: * May 23-27: Six Steps to Being Your Own Boss, Part 1, Part 2, Part 3, Part 4 * May 26: Don’t Get Ahead, Start Ahead * ... Continue reading this article…

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How to Calculate Your Net Worth

by Luke Landes

When I put together my monthly financial reports, I tend to get questions about how I decide what to include and what not to include in my balance sheet. The purpose of determining your net worth is not to compare yourself with others. The real reason to do these simple calculations each month is to ... Continue reading this article…

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How to Make Money With John Adams Presidential Dollar Coins

by Luke Landes

Whenever the US Mint comes up with a new concept for circulating coins, it inspires a new bunch of collectors and investors. That has certainly happened with the Presidential Dollar Series, which began earlier this year. First impressions of the George Washington $1 coins were luke warm, but then collectors started discovering errors. In some ... Continue reading this article…

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3 Reasons Not to Buy a Home

by Luke Landes

On Sunday, I noticed yet another new article describing the benefits of renting over buying a house. I’ve been following these articles with interest as my lease is getting closer to its end date six weeks from now, and I’ve been thinking about what to do. In this article, Liz Pulliam Weston provides 3 reasons ... Continue reading this article…

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How Much is Your Mom Worth?

by Luke Landes

Mother’s Day is approaching, which means you’re going to start hearing about a certain survey in noth the traditional and the “alternative” media. The paycheck comparison website, Salary.com, creates a questionnaire each year to determine the value of the work a mother does for her family. By determining the ten most popular “jobs” a mom ... Continue reading this article…

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