Here are a couple of interesting posts I’ve come across in the last few days.
- Where does my money go? – Personally, I don’t think I want to graph this out. I have a feeling I would be very disappointed in myself.
- You ask: How do you do it? – The Budgeting Babe manages to sock away $1000 a month. She’s got some great tips, and she makes me want to move to a cheaper apartment!
- The Credit Card Holy Wars: There Is No Right Answer, But Here’s My Take – Trent and I share the same opinion about credit cards: if you’re a responsible spender and pay off your credit card each month, why not go for a rewards card?
- New $5 Bill Starts Circulating Today – Given that I work for the government in D.C., you’d think I would have known about this.
And of course, don’t forget to check out The Finwikian!
Megan is a 30-something government employee in the Washington, DC area. She got interested in Personal Finance when she got out of college and realized that her paycheck wasn’t going to go as far as she had hoped. Since starting this blog, she has managed to buy a house and make a solid start on her retirement goals, and hopes to help others do the same. Here is her story:
In 2007, I was a gainfully employed 20-something with no debt but not a lot of knowledge about personal finance. It was a co-worker’s comment about Roth IRAs that sent me to the internet, searching for information. It was then that I realized that I really didn’t know a whole lot about personal finance and that my current financial situation was due a lot to inherent frugal tendencies, generous family members, a fear of debt, and good luck. While that was working for me, clearly I needed a better plan.
While I had no debt, I was also pretty much living paycheck to paycheck and not worrying about going over budget (I say this as if I had a real budget) because I had an emergency fund set aside to cover any overages.
Except that’s not what an emergency fund is for.
So I did a lot of research, read a lot of blogs, and decided that I needed a plan. I needed to budget. I needed to know what I was spending my money on. I needed to prepare for the future.
I decided to create a blog not only to make myself accountable to others but also to share the knowledge that I gained along the way. I’ve learned so much from my fellow bloggers, and I hope that my readers can find something useful in what I have to share as well.
Thx for the mention! And also for the blog roll 🙂 been a fan of yours since i started.
Thanks for mentioning the Finwikian. 🙂
I haven’t yet gotten a fine paid with a new $5 yet. Maybe they haven’t quite started circulating…or perhaps people are still trying to use them for happier things than library fines. 🙂