I’ve got days and days worth of blog entries to get through, but I wanted to post a quick roundup of Pecuniary Associates sites. Next week’s roundup should be huge.
- A Comprehensive Guide to Understanding the Pros & Cons of Investing Into a Roth IRA – I just opened a Roth IRA in 2007, and had no idea what one was before that. I definitely missed out!
- Heirloom Seeds – Ever Taste a Tomato Grown for Flavor Instead of Transport? – I don’t have any space for a garden in my apartment (no porch, even), but I do miss the fresh tomatoes from my mom’s garden
- Why I’m Using Credit Cards Again – This is a good plan to keep your credit history good. I personally use credit cards for just about everything, then pay them off every month. But this isn’t for everyone.
- Business Decision: Turning Away a Customer – One of the benefits to owning your own business is that you can choose to not allow a customer to buy from you again. It might not sound like a good business decision, but it’s a smart one if you’re being taken advantage of.
Megan is a 40-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.