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..
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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.
It’s excellent!
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I learned something in here! How did you do this? It is so inspiring, I love to read blogs like this cos It really motivates me to work hard and have money on my own through blogging. Thanks for sharing your ideas!
Dear friends,welcome you
Invest your money right without any highflying project or high risk stocks so maybe you are rich one day.
Thats a good review of income.Thanks for sharing with us.
It’s excellent!
Its always good for me to stay fit in the financial month.. This seems a good review.
your Start of Something technique are very nice.
thanks.
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What is company has such small figures.
Just general categories. Eventually, I will also be sharing my own investment plan. That is, when I have money to invest with Marbella Apartments
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