Shoppers Price List
(Jul 6) A lot of people have a spending plan (budget). A lot of people use Quicken to keep track of their investments. But, not many people have a shoppers price list. A shoppers price list, what is that? Here is a sample of a shoppers price list. Date Item Store Price Comments 12/15/03 Powerade, 32 oz ...
Read (1 Comment)
Seasonal Investing: Congressional Effect
(Jul 5) Here is an article from CBS Marketwatch on yet another seasonal investing idea, "Congressional Effect". Congressional Effect The stock market dislikes uncertainty. Whether it is a company about to report earnings, a worldly event about to happen half-way around the world, or the government about to pass a law, the stock market treats them all ...
Read
Social Security How I Will Plan for This
(Jun 21) Will it be there or will it not be there when I retire? That is the million dollar question. And, by the time that I retire some 30 years from now, the total stream of the social security benefits could total a cool million dollars! Of course, that is assuming that it will still exist ...
Read (1 Comment)
Cousin Ss Wedding
(Jun 20) Over the weekend, I attended my cousins wedding. It was nice. It was nothing overly extravagant. I was told that the bride and groom saved wherever they could. But, it was a very joyous day. I got the chance to see relatives that I havent seen in year. I got the chance to dress-up and ...
Read (1 Comment)
Spending Plan (Part 4)
(Jun 14) Here are some comments about the various categories. The 40% home category may seem high. But, it is right on target. My average tax rate is about 29%. So, 0.71 * 0.40 = 28.4%, is on target with the standard maximum 28% gross income for housing. The 15% food category is higher than average. I ...
Read (1 Comment)
Spending Plan (Part 3)
(Jun 13) Now that I know how much is coming in, I need to allocate it to the various expense categories. I did a search on the subject of budget. And I found no shortage of ideas. It just seems like everyone has their own set of rules for budgets. I think it has to do with ...
Read (1 Comment)
Spending Plan (Part 2)
(Jun 8) In Part 1, we talked about an accurate way to calculate what was actually coming in. Lets go through this with some numbers. The hypothetical person is single and makes $50,000 a year. He elects to take the health care deductions and 10% 401k contribution. Use the table to follow along the example. Marginal Rate ...
Read
(2 Comments)
Spending Plan (Part 1)
(Jun 7) It is called a "Spending Plan". It sounds cooler than a "Budget". Who wants to be on a "Budget" when one can be on a "Spending Plan"? Semantics aside, here is how I went about creating a "Spending Plan". Income I start by looking at how much was coming in. Now, most people would just ...
Read
(2 Comments)
More Headlines
