
It is time to roll out one of the new features here at J David Macor.com; my Financial Month In Review. Think of it as sort of like John Chow’s Blog Income Report, except hopefully I will be making much more money from my real job than from my blog income! I will detail where I am getting my money from, how much of it I have accumulated and what I have done with the money. I won’t be telling you when I buy bushels of strawberry or bulk packages of contraceptives though… Just general categories. Eventually, I will also be sharing my own investment plan. That is, when I have money to invest with…
The Start of Something Financially Beautiful
That’s the plan at least. I want to share with you guys what I am doing with my money, and then get some feedback. In the end, hopefully I will be wise enough to teach you, my knowledgeable readers a thing or two about finance.
Now, I will not be advocating a get rich quick scheme, nor a get rich slowly one. I am shooting for that middle ground. Not because getting rich quickly or slowly is a bad idea, but because those strategies don’t fit my risk profile. I won’t just sit here with high yield savings accounts that barely keep me above inflation forever; I also don’t want to invest in your new pancake puff maker. I want to invest and make a comfortable amount of money.
My Starting Point
Assets
- Checking Account: $2,000
- Savings Account(s): $9,000
Liabilities
- Federal Student Loans: $29,000
It is a good thing to list your financial goals to know where you need to get to next.
Great, can’t wait to see this, I could use your inspirations..
Thanks for sharing this nice post with a nice article related good info…..
nice info
My success in this business I was pleased, I advise everyone to try
That isn’t too bad of a situation. It’s good that you have money saved away for a rainy day, that isn’t all that common these days.
I always do exactly the same thing on a monthly basis, fun to do plus interests many of my readers
this definitely is an interesting idea.do continue.And thanks.