Archive for February, 2008

Earned Income Savings Percentage: January 2008 (0%)

Monday, February 18th, 2008

I currently have some old fashioned views on personal finance and I believe that saving as much of your income as possible is a sure fire way to financial independence.
As someone who is currently trying to climb out of debt, saving a larger and larger portion of our income has proved to […]

Lessons in Equity Management: Capital Gains Distribution

Monday, February 11th, 2008

For our 2006 tax return we had a CPA file our taxes. First out of laziness and second out of some apprehension on my part of making a mistake with the calculations. Since the CPA filed the taxes, I took a cursory look at the finalized return but didn’t dive into it. […]

Borrowing Costs: January 2008

Friday, February 8th, 2008

I made an attempt last year to get this series off the ground. However life got in the way of digging through a years worth of financial statements so I put it on hold for 2008.
The focus of this series is on how much of my hard earned income is being used […]

Alternative Income: January 2008($415.42)

Sunday, February 3rd, 2008

Since working for your money has become quite passe, I figured this would be an interesting metric for our family to begin to follow.
I cannot take credit for the idea. There are many individuals that have spent the time and energy to develop a well diversified source of income for […]

Monthly Update: January 2008(-$53,907.61, -$6,272.46)

Friday, February 1st, 2008

By the numbers we are off to a rocky start in 2008. The $6000+ drop in our net worth is the largest in the past 13 months.
About half of this loss was due to the falling market but the other half was due to the interest from my consolidated student loans for 2007 […]