Amy of My Debt Free Goal aims to pay off $72,900 in debt by April 2009. By her own admission and hoping to go farther than she would otherwise. Paying off that amount involves throwing over $3,000 per month, every month, at that debt for the next two years — and that’s just principal repayment! … Read more
Trent of The Simple Dollar wrote this article that appeared on MoneyCentral: Retire at 40: Here’s how Trent answers a reader’s question regarding how long it would take to retire at current income levels if he saved 20% of his income. He used the following assumptions: Put 20% of each paycheck into an S&P 500 … Read more
Reader’s Digest (eBay) had an article in its May, 2007, issue entitled New Ways to Make a Bundle. I try to supplement my income from my day job in my “spare time†because a good way to save more, and thus get on more financially sound footing, is to earn more. Earning more on a … Read more
Over the past few weeks I’ve bought large amounts of things from folks running yard sales. The first buy-out was a whole bunch of scrapbooking and stamping supplies from a home business owner who was moving on to other things. The second buy-out was a large collection of music CDs this past weekend. These two … Read more
Our county has a flea market the first Saturday of each warm-weather month. After going to a few of them, some of the same folks show up each time to sell, but there are still new sellers that show up. Some sell only one month, and there’s a good opportunity for deals with these sellers … Read more
A few days ago I asked whether inflated shipping charges on eBay are bad. My original take was that the shipping charges by themselves really didn’t matter that much — it was the sum of the final bid and the shipping that was important to the buyer, as well as knowing in advance what that … Read more
Nickel answered a reader’s question Friday on using a Roth IRA withdrawal to pay off a mortgage. The question: I’m 43. I’m looking to payoff my mortgage. Can I withdraw from my Roth IRA to payoff my house without penalty? I have $52K in a Roth IRA. My mortgage payoff would be $77K. I have … Read more
Last night my third and final eBay auction for my Washington $1 coin errors ended. The last coin was a rotated die error, meaning that the reverse design was struck rotated from where it should have been. I received this question through the eBay interface from an interested collector: Hi, I am new to coin … Read more