Apologies for the really long absence, but with the Easter holiday, going home to Wallkill several times in the past month, and a crazy period at work, I haven’t had much time to update anything worth substance.
In the past week, there have been several fantastic personal finance-related stories in both the New York Times and Wall Street Journal.
No, none of these have anything to do with income taxes. Do make sure you file by April 15th, though, or else the big bad taxman just may come after you.
If you have the time this weekend, definitely peruse these not-so-long stories. I’ll give a quick summary and my thoughts on each one after the jump.
Earlier this week I read a fantastic article in the Wall Street Journal about planning finances for those who were just rehired. While the article was geared toward people who had been unemployed for some time and just found another job, I feel that the lessons in the article can extend to those who are just getting their first “real-world” jobs as well.
I hope everyone had a very merry Christmas, got everything they wanted, enjoyed time with family, and stuffed themselves with tons of delicious food. I know I did. My stomach hates me, but it’s well worth it.
Anyway, even though it was a short week, there were a couple of stories that hit home and can help you as you begin to make your resolutions for 2010.
So, what’s really in a word? When you whip out your Capital One card to pay for groceries at a supermarket, what do you tell yourself you’re doing? Charging it?
Sure, you’re using a credit card to do it, but you’re charging it … right?
Well, maybe. But know that there is, in fact, a difference between a charge card and a credit card.
With the year quickly coming to a close, it may be time to begin rethinking some of the personal finance decisions you have made and figure out if it is still the proper course for you or not.
For example, is there a pesky credit card balance you have that you’ve only been paying the minimum amount on for the past several months? Miscellaneous expenses you know you could do without, yet spend money on anyway? Been paying too much interest on a loan or mortgage that you know you could most likely refinance? Did you buy a stock that you thought was going to fly high, and it hasn’t even gotten off the ground? Now is the time to ponder these thoughts and make action plans for 2010.
I’m not always one for clichés, but when it comes to younger investors’ retirement accounts — particularly 401(k)s — the notion of “persistence pays off” really is living up to its moniker.
This week was complete with plenty of posts about how to drive down debt, avoid credit card failure, and savings tips — several of which I collected in my weekly Daily Dimes. Here are the best nuggets from the past week.