June 23, 2013

Mortgage Payoff Progress For June 2013

My wife and I continue to work hard to payoff our mortgage. As of the end of June 2013, my wife and I will have lived in our home for 3 years and 4 months. We have a conventional, fixed-rate, 15-year mortgage and our goal is to pay off our mortgage in less than ten total years. As of July 1, 2013, we will have made 40 regular, monthly mortgage payments. We have also made several additional princip […]

Living Frugally in a High Cost-of-Living Area

I make no bones about the fact that I live in a rather rural area. I live on the very edge of a small town. The nearest grocery store is about ten miles away. This is a low cost-of-living area, in other words. […]

Ten Years On, Here Are Some Thoughts on Saving Money on Your Wedding Day

Sarah and I have been married for ten years. As our tenth anniversary has passed by, we’ve had a few conversations where we’ve reminisced about our wedding day. Mostly, our memories seem to revolve around people. We remembered the unexpected old friend who showed up out of the blue even though we hadn’t seen him in years. We remembered the mixing of our extended families. […]

5 ways to cut costs to save more for retirement

David Bakke is an author and blogger for the personal finance resource Money Crashers, where he discusses tips for saving money for retirement and generating long-term wealth. When it comes to saving for retirement, many Americans are woefully behind. […]

Do you have a truly diversified investment portfolio?

User catandmouse asked this question over at the Personal Finance and Money Stack Exchange site: How should one structure a portfolio given the possibility that a Total Stock Market Index might decline and not recover for a long time? It’s a common financial advice to buy an index and hold it forever. […]