Browse by Tags
-
Posted
Nov 16 2007, 02:05 PM
by
Karen Datko
Rating:
LifeEdit.net provides some very sound advice to people in their 20s about managing money: Save for retirement, pay off student loans as soon as you can, budget and keep your credit score high. But there's more than one way to skin this cat. The Retirement Hobo is 24 years old, and he's already retired. He's aware that some readers might be incredulous . "At a first glance, you might think my blog about (extremely) early retirement is about a lazy guy trying to find a loophole in the system so he can keep on being lazy. I assure you, that is not the case," he writes in his first post, called, appropriately, " Newly retired ." Hobo paid off his student loans and saved $70,000 when he was working. His goal is to earn a 25% return on his investments and to spend about $17,000 a year. He intends to live happily in retirement. "If I'm going to retire miserably, I might as well keep working miserably and get money," he says. This should be an interesting ride.
-
Posted
Oct 08 2007, 08:01 AM
by
Karen Datko
Rating:
We've all heard about the millionaire next door . Rather-Be-Shopping begins a series of blogs about a school janitor who long ago discovered the power of saving and investing. He owns his house mortgage-free, has two cars, lives without debt, and is about to embark on a comfortable retirement. All this on $35,000 a year in California.
-
Posted
Sep 27 2007, 03:51 PM
by
Karen Datko
She owes $16,000 on her credit card and has $207,000 in student loan debt. This recent law school grad has not just one, but two plans to deal with it. Even though she's in a financial hole, she's wisely putting enough into her 401(k) to get a full employer match.
|
