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July Net Worth Update

Tuesday, July 1st, 2008

We had a really good cash flow month in June, coming in under budget by nearly 200€. Add that to our extra income, and a slight decrease in the value of the dollar, and we’ve increased our net worth by $3,394. Most of this money has gone or is going to pay down student loans, [...]

Free Money!

Sunday, June 29th, 2008

We’ve had quite a bit of “extra” money this month, by which I mean non-paycheck money. Most of it was things we were expecting, but they all happened to come through at the same time:
1) IRS rebate checks ($480.88 for me and $600 for Spender).
2) Proceeds from selling Spender’s half of a sailboat ($1038). This [...]

4 Phases of Money Merging

Thursday, June 26th, 2008

I have a feeling most couples go through a couple phases of finance-mingling as their relationships develop. They are probably slightly different for each couple, and different couples will end up settling on whatever works for them. For Spender and I, there have been at least 3 distinct phases of “Money Merging”, and I’m hoping [...]

Budgeting: Early Returns

Tuesday, June 24th, 2008

We’re approaching the end of our first month of our attempt to track our expenses.
The good News:
1) We’ve successfully tracked all expenses so far this month. We’ve never actually accomplished that before. The web entry form has been working really well.
2) We’re significantly under budget. One of our biggest budgeted expenses is “travel”, and tomorrow [...]

Friday Night Links

Friday, June 20th, 2008

My post on budgeting was featured in the Carnival of Personal Finance this week.
Other posts from the carnival that I like include:
Written Goals Beat Mental Goals Everytime at Harvesting Dollars
5 Avoidable Obstacles on the Road to Financial Recovery at The Red Stapler Chronicles
5 Reasons Why Money Is Like Sex at Broke Grad Student

Personal Finance Meets Personal Fitness

Wednesday, June 18th, 2008

As someone who reads a lot of personal finance blogs, one thing that surprised me was the degree of connection between personal finance and personal fitness. Not only the analogies (e.g., spending more money than you earn is a lot like eating more calories than you burn — both give short term pleasure but are [...]

Someone’s Not Paying For Their Electricity

Tuesday, June 17th, 2008

We moved out of our old apartment on March 12th. We did not turn off the electricity, because it was still cold at that point and a different apartment in our building had already had a problem with pipe freezing. Rather, we asked our landlord to call the electricity company and switch it back to [...]

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