Today’s very clever title comes from the fact that my Family (i.e. my wife and daughter) and I were in NY yesterday to attend the graduation celebration for my cousin. It was a great time, always good to see the relatives. In general, I prefer weddings and other celebrations to funerals, but of course it depends on who is getting married or buried.
This week, I enjoyed Jeff’s How To Make a Second Job Work. Jeff is the blogger behind Deliver Away Debt, and I’ve been following his tweets and post for some time now. He decided to take action and get a part time job delivering pizza to get his debt in order. For every dozen people who can’t raise extra money for one excuse (oh, right, they use the word “reason”) or another, there’s a Jeff who has managed to get his finances on a good path and shares his story to provide inspiration to others.
At Smart On Money, Mr Money asks If Your House Is Worth Less Than You Owe, Is It OK To Just Stop Paying Your Mortgage And Walk Away? It’s an ongoing question. And one that can be viewed as “Is a mortgage a financial contract or a moral obligation?” I have to ask, by what standard is the other guy playing? Is he bringing a gun to what was supposed to be a fistfight? Curious that the individual is expected to act with moral conscience yet the corporation seems to have neither.
Financial Samurai suggests we grab An Extra Seven Hours a Week. Sam has been used to six hours of sleep per night, so he’s really 14 hours a week ahead of me. An extra full workweek of time per month.
Redeeming Riches posted a Mortgage Refinance Calculator to help you decide whether such an endeavor is right for you. As I posted earlier this week, I just applied for One More Refinance, and with no closing costs at all, decide I had nothing to lose.
Craig Ford at ChristianPF offers a selection of suggestions by advisers telling us How Much Should I Save For Retirement? It seems the most common number was 10%. Of course, a general question will have an answer like this, and I think 10% is as good a number as any. Of course, to get more accuracy one’s age, income, and present retirement account balance would be the first step.
To wrap up this week, eventual Millionaire offered a list of 10 Money Saving Websites. Considering my affection for lists and saving money, this post really hit the spot.
Have a great week.
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