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Monthly Archives: January 2009

Person vs. people

Tweet Pay day was Friday, which that made Freedom Fund reach $28,500. I also went out to eat a couple of times because a friend was in town, but overall, I’m spending way less in the dining out department compared to a few months ago (which, granted, was the holiday season). If I felt more […]

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Just how excited am I to get my paycheck?

Tweet VERY. Very excited. This Friday is pay day. I’m going to take that bad boy and dump it in my Freedom Fund so that if I am caught up in this imploding economy, my head won’t explode. And as a note of my nerd-ism, I spent 40 minutes last night scrap-booking FINANCIAL NEWS in […]

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Tweet, Tweet

Tweet Yes, I’ve succumbed. I have joined… Twitter! You can follow my tweets here: http://twitter.com/wellheeledblog I must confess, I don’t have a razzle-dazzle new phone that I can make updates from anywhere, but Twitter will be useful for short ramblings musings, in contrast to long(er) musings here.

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I'm turning into my mother

Tweet I’ve realized that I spend WAY too much time idly surfing the web when I’m home – which is a little ridiculous, given that I spend all day staring at a computer at work. So, like my mother did during my middle school and high school days, I’m imposing a Internet Time Limit on […]

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Me vs. the market: Do I know what I'm doing?

Tweet One reader, CD, left this comment on my previous post on the market: Hey smart alec, Stay away from stocks, funds, bonds, unlesss you know what you are doing. In the sense spending at least 20 hours/week on investing and constantly monitoring the markets. Otherwise, this is not your ordinary market, and believe me […]

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Are you feeling lucky? Or scared?

Tweet Goal #1 accomplished. Now, for the really fun part… let’s see how fast and how far the $5K falls! Muahahahah <evil laughter> Some questions for everyone out there: (a) do you feel lucky that the stock market drop has made stocks so much cheaper, thereby making increasing the chances you’ll get a sizeable gain […]

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I love you Trader Joe's!

Tweet One of my greatest indulgences is smoked salmon. I always order the smoked salmon omelet at restaurants. It can get expensive, though, at $10-$12 per dish. Add on tax and tip and I’m at $15 per omelet brunch. Well, tonight I made a salmon omelet (breakfast for dinner is the best). I used Trader […]

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Goal #7 for 2009

Tweet In December I listed my six (mostly financial) goals for 2009, but then I realized, I forgot about Freedom Fund! So here’s one more goal: 7. Increase my Freedom Fund by $5,000, from the 2008 year-end balance of $27,000 to $32,000 So, overall, I am aiming to save $15,000 this year – $5,000 each […]

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Can I afford a vacation? Suze Orman would say NO!

Tweet Some college friends and I have been planning a vacation with just-us-girls (~$1,000 per person) for 2009. After all, who knows if we’ll be able to do something similar in the future? But the worsening economy and job market, combined with doubts about my own job security, made me hesitant to spend a substantial […]

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Shares, not dollars

Tweet Shares, not dollars: this is my way mantra to cope with Mr. Market’s relentless assault on my retirement portfolio. Looking at the value of my retirement holdings is an exercise in self-inflicted pain. I don’t plan to decrease my investments OR to adjust my overall fairly aggressive asset allocation, but that doesn’t mean I […]

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The write stuff

Tweet One more goal for 2009. This is a personal one, for me. I want to write. And get paid for it (or.. not.. but preferably paid). Writing – I guess it’s a holdover from writing commentary pieces for the high school newspaper. One of the reasons I write this blog is to exercise my […]

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Question: How to use your time unproductively

Tweet Answer: Watch Momma’s Boys Whatever happened to good old-fashioned boy meets girl? Oh well. Back to studying adverbial modifiers for me! P.S. I went to the gym for 30 minutes today! Originally I was aiming for 20 minutes, but then a good song came on and I was inspired to jog for a bit […]

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One of My Biggest Personal Finance Pet Peeves

Tweet Here’s one of my biggest personal finance pet peeves: one of the biggest source of tax deferral for the middle class, the 401(K), is utterly dependent on the employer. Doesn’t this arrangement feel a little anachronistic in an age where careers may be characterized by frequent job changes and/or stints at self-employment? I didn’t […]

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Try

Tweet Things have been… a little stressful. A big reason why I am saving so aggressively is because I am worried about my job. In my line of work, the billable hour is key (I don’t work in law, but the concept is similar). If you don’t bill, you don’t generate revenue, and if you […]

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What do YOU want to see in this blog?

Tweet A big reason why I’ve kept writing is because of YOU, my funny, encouraging, informational readers. Sometimes I feel like this blog has gotten a little stale – I talk about going on a shopping hiatus, saving some money to reach some goal, buying a bunch of stuff, then saving some money for another […]

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Healthy, wealthy, and wise

Tweet I’m sloooowly chugging along on the “wealthy” path, and I suppose that wisdom comes with age. That leaves “healthy” – an area that I NEED to improve on, if only for the sake of my, well, health. At the end of 2009, I’ll be 25. I’ve always coasted along on my relatively manageable weight […]

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