I finally had a light bulb moment after more than four years of learning about personal finance. I’ve been making a fair amount of changes to my portfolio during my blogging absence. And while I’ve yet to post my new asset allocation, here’s one change I’m making which is long overdue. Drum roll, please…
Continue reading “It finally clicked – my light bulb moment”
It’s time to look at updating my budget. I like to review and update my budget twice a year. I last updated it for the start of 2017. Let’s see if any changes are needed for the last half of 2017.
Continue reading “Budget 17.5 – updating my budget”
Apparently nobody told my insurance company that inflation was under 2% a year. The auto insurance renewal quote I received in July included a 14% hike in the premium. My policy was already expensive to start with (thanks Michigan), so saving money on insurance became high priority. It’s time to go shopping …
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Back in the dim and distant past, a windfall referred to wood or fruit which was blown down by the wind and so became free to anyone. It was later in the 16th century that the term was used for any unexpected acquisition of wealth. Here are some thoughts on how to deal with unexpected sums of money.
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Time for some therapy. “Hello, I’m DividendLife and I have irrational financial behaviors.” It’s true! I sometimes make less than optimum financial choices and I know it. Yet I’m somehow okay with that. Here are three irrational things that I know I do and why I choose to accept them.
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Alright so it’s not really up there with one of Lord Blackadder’s dastardly schemes. But my plan is to renumber my future budgets so that I can easily tell which year each one is for. For 2017 I’m going to call it version 17.0 which shares the same number as the year. Cunning or what? I may need to modify it in six months, in which case it’ll be revised to 17.5.
Continue reading “Budget 17.0 – updating my budget for 2017”
The word budget typically has a negative connotation to it. After all, it’s a restriction to a limited resource (money). A budget is really just one tool in the personal finance toolbox for following a plan. But if money is limited, how can you budget for happiness?
Continue reading “How can you budget for happiness?”
I decided to make some significant changes to my Emergency Fund this month. Here’s my reasoning and decision, plus an updated section to my Charter describing my new plan.
Continue reading “The beginning of the end for my Emergency Fund…”
On the way home from the hospital last week, we stopped to have a celebratory brunch at the International House of Pancakes. This time we went a bit overboard! Here’s the story of my $1,227 pancake breakfast.
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As a daily Quicken 2016 Premier user, I upgraded to Quicken 2017 this week. The changes aren’t very significant but I chose to upgrade anyway and take a look. So here’s my Quicken 2017 review with my thoughts about the latest version. I’ve also updated my Income Portfolio Morningstar X-Ray and Credit Score too.
Continue reading “Quicken 2017 review”