Archive for the ‘Finances’ Category
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Your Financial Football Team
I have mentioned in the past that I’m a huge fan of professional football. My wife calls this Sunday my biggest holiday - and she’s right. Your personal finances have a lot more in common with a football team than you might think. Let’s take it position by position starting at the top:
Head Coach - The head coach is responsible for evaluating the players and coming up with a game plan each week. You are the head coach in your finances. It’s up to you to develop your financial game plan. Investment options are […] -
Health Scare and Some Financial Questions?
Yesterday, in a post on Lazy Man and Health, I introduced you to the Travelin’ Man. You might be familiar with him because he comments fairly frequently. Unfortunately, his doctor says that he might have bladder cancer. He sent a few bloggers an e-mail, asking a few financial questions. I’ll take a shot of answering them here…
Each bullet point is a question from him, and my responses are directly below that:Should I alter contributions to my 403b? I get a match of 100% up to 5% of salary. I currently contribute 10%.
LM: I’d suggest […] -
Can You Save Too Much In An Emergency Fund?
Ben at Money Smart Life has brought together a few different bloggers to answer the question “Can You Save Too Much In An Emergency Fund?” I was one of the bloggers responding. For me, an emergency fund of $1 is too much lost in opportunity costs.
In day 2 of the series, Ben asks “Can you be too conservative with your emergency fund?” I don’t give my thoughts on that specific question, but I’d say that you really can’t be too conservative. The money has to be as liquid as possible and for that to be the […]
