Planning For Death

(Note: laws vary by state. All details here refer to laws in Arizona. Check laws in your state for applicability of this information. I am not an attorney. Due your own due diligence. Some assembly required. Your parents have to put it together. By Meco.) No one likes to think about dying or making plans for what happens when you die, but as part of a sound financial life (see what I did there?), it is something that has to be done. After years...

Read More

What Is Your Financial Knowledge?

As I wrote about during Side Hustle Week, I’ve started doing a lot more work on Amazon’s Mechanical Turk. One of the surveys I took was regarding financial knowledge. I was presented with a couple different stock portfolios with an initial value of $10,000 and asked what I thought the value would be after one year. After that, they asked some questions to gauge my financial knowledge. I thought it would be interesting to see how readers of this...

Read More

Your Money Is About to Get Faster

I've always been bothered by the fact that it takes days to move money between banks electronically and that money doesn't move on weekends or holidays. It's all computerized! Why shouldn't transfers get processed on weekends? It makes no sense and I find it very frustrating. Two years ago, I wrote about this after hearing a Planet Money podcast on this very issue. The problem is that the Automated Clearing House (ACH) system that banks use was...

Read More

Goal Update: End of September 2016

At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog. Last updated: End of September, 2016 Current value: $25,527 Change from last month: +$526 Percent of Goal:  23.47% Note that the funds in this account are invested...

Read More