Budgetary

Do You Know Your Credit Score?

June 4th, 2009

Credit score is an important number if you are planning to borrow money for any reason. For instance, you may want to take out a mortgage to buy your first home. You can get your free credit score by visiting a site called Credit Karma.

If you already know your score and want to improve it, Moolanomy has a good article that shows you various ways to improve your FICO score.

Tags: credit score, FICO
Posted in personal finance | No Comments »

Finance Articles

March 3rd, 2009

10 Baby Steps to Financial Recovery at Moolanomy : Good high level steps to help you get your finances back together.
The Last Time the Market Was This Low… at AllFinancialMatters : Short article, but I always like this kind of reflection into the past.
12 Ways to Thrive in This Economy at Free Money Finance : Written by the popular PF blogger, JD Roth, of Get Rich Slowly. Good read.
Debt Snowflaking at Gather Little By Little : Good concept. I like the idea that small things add up to become a big thing.

Tags: roundup
Posted in Miscellaneous | No Comments »

Economic Crisis and Greed

February 10th, 2009

Do you believe that the current global economic crisis is the result of greed? This is what suggested by the author of Moolanomy and I do like his simplistic explanation. However, after reading the huge amount of comments in that article, it seems that many people believe that the crisis is acutally the result of the legislature passed by the Clinton’s administration.

What’s your thought on this? Why are we in this mess?

Tags: economic crisis, Economy
Posted in Economy | No Comments »

Obama’s 401k Plan

January 27th, 2009

I just came across this article about Obama’s proposed changes to 401k plan. I am wondering when Obama will enact his proposed changes into law. Like Pinyo, I am wondering if this will help or hurt our economy and finances. There are a lot of good points made by his readers about this will be very helpful for some people, particularly the ones that are deep in debt and paying a lot of interest. Hopefully, this will works out for the better.

In any case, I am glad that he’s in the office now.

Tags: 401(k), Obama
Posted in Investing | 2 Comments »

Warren Buffett Is Frugal

January 25th, 2009

The Wallet has an article with interesting tidbits on Warren Buffett’s personal finances. Did you know that he was a victim of identify theft, practices frugality and cashes $20 checks? It’s things like this that keeps me going. Frugality is not just for the poor, but it’s for everybody. It’s one of the best way to wealth.

Tags: Frugal, Identity Theft, Warren Buffett
Posted in Miscellaneous | No Comments »

Investing Articles

January 25th, 2009

Timing The Market – An Explanation at ABC of Investing
Introduction to Peer-to-Peer Lending at Moolanomy
Investing 101: An Introduction to Index Funds and Passive Investing at Get Rich Slowly
Socially Responsible Investing (SRI) Is A Scam at Amateur Asset Allocator
Dividend Investing Resources at Dividend Growth Investor

Tags: articles
Posted in Investing | No Comments »

401(k) and Vanguard Target Retirement Funds

January 22nd, 2009

I just increased my 401(k) contribution for 2009. Basically, I decided to put my tiny 1% salary increase toward my retirement. I wish I am one of the lucky few who regularly hit the 401(k) contribution limit. It would be super nice if I can save that kind of money each year.

Also, I noticed that my company just gave us the option of investing in Vanguard Target Retirement Funds. I have been looking into these and I think invest in one of the target-date funds is a good choice for someone like me.

Tags: 401(k), Target Retirement Funds
Posted in Investing | 1 Comment »

Welcome to Budgetary!

January 22nd, 2009

Welcome to Budgetary. You can call me Budgetary, or Bud for short. Anyway, I hoping to improve my financial situation significantly this year, and I am starting this blog to keep me on track. I don’t know what exactly I am going to write about yet or where to begin, but I have been looking at other personal finance blogs to get some ideas.

One thing I definitely want to do this year is learn how to invest in the stock market. I am not an expert, but with all the price drops this past year, this must be a good time to buy. You know, like getting a discount at the grocery store.

Hope fully, I’ll be able to keep this blog up to date and keep you posted on how I’m doing.

Tags: personal finance, stock market
Posted in Miscellaneous | No Comments »