The Simple Dollar Morning Roundup: The Sadness Edition

A relative that my wife is very close to is extremely ill and likely won’t make it for a lot longer. She has been very upset the last day or so. I didn’t know this relative very well, so mostly I’m providing a shoulder for my wife to cry on. Seeing her hurt makes me hurt, too.

On Not Burning Bridges One thing that I have actually done well in my life is never burning bridges when leaving a job or an organization, and because of that I’ve been able to contact people from those earlier relationships for assistance – and they’ve been able to contact me. Never eat alone, eh? (@ an english major’s money)

Reader Question: Pay Off Credit Cards Versus Invest Your Money? I agree with the advice here – put money in your 401(k) up to the match, then get rid of that debt. (@ my money blog)

How To Eliminate Debt In Bursts Instead Of Incrementally I do this myself in a way, by saving money in a savings account and thinking of it as an emergency fund until I have plenty to pay off a debt. This worked splendidly for paying off my truck and I’m now doing it with my highest-interest student loan in mind.

The Simple Dollar Retro: Looking At 15 And 30 Year Mortgages: Which One Is Right For Me? I actually wound up in an odd situation where the 15 year interest rate was rather higher than the 30 year rate. Why? The payments for the 15 year got us somewhat close to the maximum debt threshold and it must have set off warning lights at our lender.

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  1. Along says:

    I’ve been reading your blog for some time now and I must simply thank you for some splendid financial advice. Fortunately hubby and I are already pretty frugal but we’ve been having fun reading your posts on how to cut down on spending and also investments.

    So sorry to hear about your wife’s relative. It’s nice that you’re being strong for her.

  2. I’m sorry to hear that Trent. You and your family will be in my thoughts.

  3. says:

    My condolences to your family Trent.


  4. Kay says:

    Yes, my condolences also.

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