All posts by 1MansMoney

I am a guy pushing 40 that is married to a beautiful woman in her 30's. If I can only have as much luck with our finances.

So Far, So Good

We're about 1/4 of the way thru July and my wife and I have done a good job thus far in keeping our expenses down. Our goal is for July to be our lightest expense month yet. That shouldn't be too hard since we've spent an average of $7,110/month in the last four months. I'm hoping we can keep our July expenses in the vicinity of $6,500.My wife and I are treating ourselves to a dinner date tonight, but to keep true to our goal, we're taking advantage of a buy one, get one free coupon at an Italian Read more [...]

Let Freedom Ring

Happy (early) Independence Day! My wife and I are spending tomorrow on the lake with her father and step-mother. We'll be enjoying lots of sunshine, boating, and BBQ.As I get older, I realize more and more how blessed I am to live in America. This country offers priceless freedoms, amazing opportunities, and unending inspiration.Have a safe 4th of July. Read more [...]

June 2007 Income Statement

We had a lot of money flowing out in June, going over our budget in almost all categories (click on spreadsheet below). I’m beginning to sound like a broken record when it comes to our budget.My wife and I have committed to doing a better job of watching expenses in July. In fact, we have already declined a couple of social events to help us get July off to a solid start.Working on it. Read more [...]

June 2007 Net Worth Update (+$3,979.67)

We had a lot of financial action in June. Our investments ended on a down note, but we still increased our net worth by $3,979.67, to $13,022.20 (click on the spreadsheet below).My wife received an extra $1,161.67 paycheck this month. I cashed in 6 days of vacation time for an extra $1,219.11. We sold Car 1 and bought a new (used) Car 1. $1,000 was withdrawn from savings to transact the deal, and we spent another $321.94 getting the new vehicle outfitted with an alarm and a few other things. Also Read more [...]

Double-Edged Sword

I'm excited to close out June and post our numbers. Even with the market fluctuations, we have made some good headway.Unfortunately, July looks like it will be a very weak month for our net worth. We went so far over budget in June that we will have to use money that would have been deposited into savings in July to cover our June expenses. We also used a $1,000 reimbursement check from my company to get my Roth funded a bit earlier. If the business charges post to the credit card next month, we'll Read more [...]

Financial Education

My wife and I started attending a bible study on Wednesday nights a couple of months ago. It runs just under 2 hours, and attracts a large group of people. We've enjoyed attending immensely, but I have to say, last nights class was my favorite discussion yet.FINANCES! I would have never expected that this would be one of the topics we would cover. I expected it to focus on tithing, but it was equally, or more, focused on getting out of debt.Did you know in the bible:Faith is mentioned under 500 timesPrayer Read more [...]

My Wife Graduated!

I should have posted this sooner. The commencement ceremony was last weekend, and we had a nice party afterwards to celebrate the special occasion.My wife received a psychology degree from a UC school; graduating with a 3.5GPA. She currently has a good paying, flexible outside sales position, but wants to get into pharmaceutical sales. I have no doubt that with her education background, leadership skills, and personable disposition, that she will be successful in any endeavor she wishes to pursue. Read more [...]

Fool Me Once, Shame On You. . .

I was reading about scams the other day and it got me thinking.I don' t believe I have been duped many times, but a story that immediately came to mind was a time I was took for $20, and gave it to the guy with a smile. A few years back, when I was living in an apartment, my roommates and I were kicking back in front of our place when a guy walked up looking sweaty and tired. He explained to us that he was our new neighbor in a unit just across the pool, and had run into some bad luck. His moving Read more [...]

The Carnival Of Personal Finance, #106

Special thanks to Silicon Valley Blogger at The Digerati Life for doing a superb job hosting the 91 Ways To Wealth: The Carnival of Personal Finance, Epic Journey Edition. Out of 91 posts, I'm proud that my post Credit Reports and Credit Scores was selected as one of the Editor’s Choice.Thank you also to Clever Dude, Blunt Money, and Cheap as chips for picking my post as a one of their favorites in the carnival. Read more [...]

Investing Plan – Update

We have made good progress with our Investing Plan, and have tweaked it a bit along the way.401(k)Our 401(k) is currently at $13,184.13. We have increase our contribution from 2% to 3%, effective July 4. To better diversify our 401(k), we have reduced the percentage allocation of each mutual fund, and added a couple of additional funds. Our current holdings are:16% - JH Lifestyle Aggressive (1.47% expense ratio)16% - Pacific Rim Fund (1.46% expense ratio)16% - Real Est. Securities Fund (1.19% expense Read more [...]