Tag Archives: money market

February Net Worth: Marching Right Along

I’m continuing to make great gains in my net worth — after gains in December and January, I’m continuing on the right path. My net worth increased another 2.95 percent in the last month.

On to the numbers …

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Filed under Commentary, Philosophy

How Much is Too Much?

I’ve had several posts lately about budgeting for college and paying off student loan debt. As I’ve mentioned earlier, I’m no stranger to this: I have approximately $35,000 of debt from my four years at Seton Hall University.

I finished reading Busted: Life Inside the Great Mortgage Meltdown earlier this week, and it got me thinking about my own debt. Now I’m not saddled with a subprime mortgage for upwards of $500,000, but I still feel weighed down by my college debt. I know that because of my own saving and my golden parachute of sorts, I have enough money to continue to pay the monthly installments of both the private and federal ones for a long period of time before that money would run out.

Regardless, the fact that I can’t set aside the full amount of money from my bi-monthly paychecks for those loans bothers me. Even though it’ll take years for the cushion I built up for myself to eventually go to zero — so long, I figure I’ll be making far more money by then — the fact that I’m not there yet does bother me. I don’t like setting aside as much money as I can and not having it add up to the monthly payments. It goes against what I talk about here, and my own sensibilities.

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Filed under Commentary, Philosophy

Daily Dimes 10/9/09

You ever feel like the financial services industry is trying to punish you for saving your money?

Yes, me too.

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Filed under Commentary, Daily Dimes, Philosophy