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Mighty Bargain Hunter
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A personal finance blog about saving, spending, deals, steals, money, investing, auctions, and general matters about cha-ching.
Recent Posts Tagged With 'Retirement'
Here’s the one thing you can absolutely count on in this economy
This economic downturn hasn’t been kind to a lot of people. Jobs that haven’t been taken away from people have had their hours cut, their workload increased, or their cost of living allowances taken away. Jobs that people used to be a...
Don’t worry about not being able to contribute more to your 401(k)
Sun’s Financial Diary reported that the 2010 contribution limit for 401(k) accounts will remain at $16,500. The announcement came from the IRS Thursday. There had been speculation that the contribution limit could be reduced in light of a d...
News flash: Dave Ramsey’s stock market defies the law of gravity!
Over at the MBN Forums there was some discussion about a short video presentation called Drive Free, Retire Rich over at Dave Ramsey’s website. The first part of the presentation (up through Slide 11) was very well put together, and showed perf...
Don’t fear hyperopia and go into debt
This month’s Wired magazine (subscribe) had a review of a couple dozen rules for tech-savvy folks, and one of them dealt with the subject of hyperopia. Hyperopia means “excessive farsightedness” and describes people who sacrifice ...
Count the cost, both present and future
“For which of you, intending to build a tower, does not sit down first and count the cost?” Luke 14:28 First off, Happy Independence Day to my American readers. Happy July 4th to others. Gary North’s Tip of the Week (subscribe f...
Debt reduction vs. retirement savings: which first?
Liz Pulliam Weston wrote a nice article recently describing nine money priorities. She lists them from top priority on down: Pay your bills Save $500 Start saving for retirement Pay off “toxic” debt Bolster your emergency fund Check ou...
Did Powerball tickets beat the S&P last year?
This morning in Sunday school someone threw out that a substantial fraction of Americans have a lottery win comprising their retirement plans. (”How did we get to talking about gambling in Sunday school?” you might ask. It was just a ...
Patching up shortfalls can mean postponing retirement savings
This Michelle Singletary column on the Washington Post website has answers to a few readers’ questions regarding debt and debt reduction. The first question outlines a situation that stings a bit. Here’s a summary: Husband has less c...
Back to Basics: Spend less than you earn
Pretty much any good personal finance resource you run across will talk about this: Spend less than you earn. All this means is that your expenses (everything that leaves your wallet) are less than your income (everything that enters your walle...
