Category: 401K

Money Hacks Carnival #18 — The History Of Money!

So I did some deep undercover investigation for this weeks carnival digging back in time to bring you The History of Money! Did you know that China was the first to use paper money around the year 1000. It was made from the bar of mulberry trees. Leaves from these trees, you may recall, are [...]

Net Worth Update June 6, 2008 [$113,261.38(-3.08%)]

Net Worth Update June 6, 2008 [$113,261.38(-3.08%)]

June wasn’t as bad as the numbers make it out to be. Yes, I lost about 3k on the net worth, but I bumped up my 401k contribution to 15% this past month along with my wifes. The 3k loss can most likely be contributed to the landscaping addition I tacked on that sucked 3.5k [...]

How Much SHOULD You Be Putting In Your 401k?

How Much SHOULD You Be Putting In Your 401k?

First thing is first, I’m a big fan of the 401k and not contributing to it if your company offers it is your first big mistake in investing. Your company is giving you a raise every 2 weeks when you use it. Who doesn’t want FREE money? You’d be surprised…

Net Worth Update May 9, 2008 [$120,697.64 (+3.55%)]

Net Worth Update May 9, 2008 [$120,697.64 (+3.55%)]

We’re looking up again this month – looks like the mutual funds are coming back a little bit this month. Both the wife and I had good 401k returns this month. The house dropped a bit, but that’s to be expected, but overall we’re looking up again.

Hanks Weekly Hangouts #29 (May 10, 2008)

Some good stuff this week including “How To Use Any Credit Card At Costco“, “How To Get Quality Financial Advice“, and “What Pizza Do Investors Eat?” Readership was a little down this week, not so much buzz here, but I’m working on some good stuff on the backend that I think is pretty interesting. Will [...]

A Day Of Readers Requests – Including Will Several New Car Loan Inquiries Hurt Your Credit Score? And Why Do You Not Disclosure Your Identity?

I haven’t done readers requests in a while because I haven’t had one good one that I think would take up an entire post. HOWEVER, I’ve had several small requests that I can wrap into one post. Inquisitive, interesting, intriguing and some even unusual…

Financial Advisors Are A Dime A Dozen (Or Less) – Get A Legion Of Them (FOR FREE) To Help You If You’re Unsure Of Financial Waters

I first got into investing back in 1997 when I had a summer job that paid a few more bills than I needed to pay, in a town that had too few things worth paying for. So I opened up a ROTH IRA in the first “investment” branch I could find which was both a [...]

Net Worth Update April 1, 2008–$116,557.16 (+10.54%)

Net Worth Update April 1, 2008–$116,557.16 (+10.54%)

A few things helped out this months net worth statement: 1. My almost 8k tax refund certainly didn’t hurt anything. I am not going to be getting as much next year as I adjusted my W-4s to better fit my pay scale finally. I’m sick of giving the government a free loan each year; should [...]

When The Federal Prime Rate Drops, Some People Are Happy, But The Dollar Weakens; What Happens Then?

There is still 7 days 21 hours 45 mins and 20 seconds left to get entered for some great free stuff at Hanks Holiday Handout #2 giving away $200+ of prizes! The Feds have lowered the rate 6 times since September lowering it 2.25% (with another pending on 3/17/2008 at 6am when I’m writing this). [...]

Hanks Weekly Hangouts #23 (March 29, 2008)

There is still 9 days 23 hours 48 mins and 21 seconds left to get entered for some great free stuff at Hanks Holiday Handout #2 giving away $200+ of prizes! It’s been a good week this week. Easter was good to all I hope. I had an interesting time tossing back and forth the [...]