Here are some reasons to keep your net worth private. If you are a high net worth individual, or if you just have more than your peers, then you may want to consider keeping matters close to your vest. The top reasons to keep things low key follows. Jealousy This is probably the main reason…
It is late July, and there is a lot going on. My tractor needed repaired, I am in the process of getting rid of cable, I checked on my homeowner’s insurance, and I’ve been working on a few projects. Here is a quick update. Tractor Repair My lawn tractor started to leak oil a little…
How do you say no to peer pressure spending? What is peer pressure spending exactly? It can come in many forms. Here are a few and how to avoid them. Keeping up with the Joneses I’m sure that you’ve heard of this common idiom. Keeping up with the Joneses was popularized by a comic of…
July is here, and it’s been hot! Luckily, I was able to get my pool fixed, so we’ve been enjoying keeping cool in the water. I have a few projects going on at camp and at home, so it’s been a busy summer. Here is a quick update on what’s been going on. Wealth Building…
We had a bit of a basement flood the other day from a severe thunderstorm that passed through. Luckily, it was just a wet carpet. Everything dried out in a couple days with nothing being ruined. Others in the area weren’t so lucky. Here’s what else is going on with me as June draws to…
How often should you check your investment portfolio? If you are a day trader, then you may never stop checking your holdings. But what if you are a long-term investor who is putting money away at regular intervals with a timeline of several decades before retirement? Let’s have a look. Your Choice You are free…
June is here and with it another update. I’ve gotten more work done at home and at camp since my last update. My portfolio keeps pushing higher and my mortgage balance continues to fall. Here is a brief update of what’s been going on with me. Wealth Building As the month of June enters so…
What do you do when your bank refuses to refund fraud charges? Credit cards normally offer protection from fraud, and you can simply dispute the charges with your creditor. Debit cards however can work differently. If someone gains access to your PIN, then they have direct access to your money. Getting your money back can…
Is your mortgage covered by the CARES Act? If you have been impacted by Covid-19, then you can find out if your mortgage is covered by the CARES Act. This provision allows borrows to take a forbearance on their mortgage. Keep reading to find out if you qualify. CARES Act Provisions Here is an overview…
I have been going to the gym regularly for years. It has been a lot of hard work, a lot of effort, and several setbacks. It reminds me of keeping in financial shape. Much like training your body physically you must also train your financial health and your money management. Consistency is Key If…