Does “guaranteed replacement cost” even exist for homeowner’s insurance?
Dave Ramsey recommends that you get “guaranteed replacement cost” coverage on your home in case construction costs jump up right at the time that your house burns down, and I found this text at the...
View ArticleWe’re debt free!
Is a debt paid when you send the payment, or when the finance company makes the entry and sends a statement? Oh who cares…… WE ARE DEBT FREE!!* Yes, on December 31, 2005 we made our first budget for...
View ArticleShould I pay off my house or invest?
I cannot answer this for myself, but here are the experts on this subject: Dave Ramsey answered this question on his show recently, listen here. Summary: Risk and taxes will eat up any gains you may...
View ArticleWhat is this Mortgage Checking account scam?
I recently visited my own website, and saw this Google Ad: Mortgage pay off Invest or Pay Off Your Mortgage? Do Both on your current budget! So I clicked through and found myself looking at the website...
View ArticleHow do I compare a Roth IRA to a Traditional IRA
I am about to open a Roth IRA for myself and my wife, and at first there won’t be much diversification, since I won’t have enough to meet the minimums on several funds at once. But that is ok, because...
View ArticleFollowup to replacement cost insurance
Thanks to an article on Kiplinger.com I found a few companies that do offer full replacement cost insurance. About a year ago I wrote about how I could not find anyone who would pay for a full...
View ArticleOne year of debt freedom
So it has now been one year since we became debt free! How has life changed? I must say as good as it felt to be debt free, it felt much better when we had 3 months of expenses saved as an emergency...
View ArticleThe economy entered a recession, so what should I do?
The NEBR Business Cycle Dating Committee determined that December 2007 was the peak of the last expansion, and a recession began following that. So now what? That seems to be a question I keep hearing,...
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Just how bad was the 2008 stock market? (For me)
For me it was -36.94%, according to Quicken. If I had followed my desired asset allocation of 10% VBMFX, 67.5% VTSMX, and 22.5% VGTSX, and if I had rebalanced quarterly, and if I had not added any...
View ArticleTwo years of debt freedom
Yes, it has now been two years since I paid off my last consumer debt. This last year Amy & I taught 3 Financial Peace University classes, and mostly just kept plugging along. My net worth went...
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