Personal Financial Review

The Financial Turnaround Continues

Just seven months ago, I was on the edge of bankruptcy. I had more than 10K in credit card debt, owed more than 7K on an expensive truck payment, and had more than 35K in student loan debt. About three months ago, I hit my first milestone: I sent in the final payment on my …

November 2006 Review – Net Worth +9.7%, Debts -1.5%, Assets +2.3%

I sat down for my monthly financial review recently to see what sort of progress I’d made in the last month. I generally break things down by evaluating my assets, my debts, and then my net worth, and then using these numbers, I attempt to set goals for the coming month. This is a useful …

October 2006 Review – Net Worth +79%, Debt -1%

I sat down for my monthly financial review recently to see what sort of progress I’d made in the last month. I generally break things down by evaluating my assets, my debts, and then my net worth, and then using these numbers, I attempt to set goals for the coming month. This is a useful …

Setting Intermediate-Term Financial Goals

From my perspective, short term and long term financial goals are fairly easy to plan. I want to spend less in the next month (and save more while paying down loans), and I want to save for retirement; these are fairly straightforward goals. The challenge for me was to define a set of intermediate-term goals …