Reflect and Find Meaning in Your Money

April 8, 2009 by  
Filed under Blog

This is a busy week for Mr. ToughMoneyLove. Many projects due at work, preparing tax returns today as a volunteer, finishing our personal tax return, and Holy Week obligations at church. (I can’t sing but they tolerate my electric bass playing!) Read more

Tar Heels Deliver Hard Truth on the Michigan Economy

April 7, 2009 by  
Filed under Money and Behavior

No, this post is not really off-topic.  And no, Mr. ToughMoneyLove doesn’t mean to pile on all of those in Michigan who are unemployed through no fault of their own.

But enough already about how the Michigan State Spartans – crowned the “team of destiny” by an epidemic of wishful thinking – were going to inject hope and comfort into those being dragged down by the Michigan auto industry. Win or lose, that kind of fantasy attitude is not going to help anyone recover from economic misery. Nor will it expedite the acceptance of a radical change in economic thinking which is sorely needed.

Read more

Quarterly Investment and Net Worth Review

April 6, 2009 by  
Filed under Financial Planning, Investing

net_worthThe first quarter of 2009 has ended. Thus, it’s time to formally re-visit a couple of performance metrics in the Mr. and Mrs. ToughMoneyLove financial empire. (OK – our financial realm is more like a hamlet than an empire but it’s still important to us.) Read more

Measuring and Wasting Financial IQ

April 5, 2009 by  
Filed under Money and Behavior

financial_intelligenceI wasn’t planning on writing anything today but I came across an article from the Associated Press that provoked me into changing my mind. I had to say something about it, if only briefly. It’s about measring and using our financial IQ. Read more

Hard Truth Week in Review

April 4, 2009 by  
Filed under Blog

Here are a few items from this week that Mr. ToughMoneyLove thinks you might enjoy: Read more

Seeking New Investment Options in a 401(k) Plan

April 3, 2009 by  
Filed under Retirement Planning

new_dayRecently I wrote a piece on how a 401(k) plan can make lousy retirement plan. One of the reasons I cited is the lack of high quality investment options in the plan. The missing qualities can include low-cost, variety, and suitability to changing market conditions. Read more

My Life as a Volunteer Tax Preparer – Week 9

April 2, 2009 by  
Filed under Taxes

I had five appointments this week. The first was a no-call, no-show. I hate that, because I could have stayed at the office and worked on projects that I can bill to clients. I brought my laptop with me to try to get some more work done but there was no public wireless network for me to connect to. Read more

Support my Charity in the Final Four

April 1, 2009 by  
Filed under Blog

Thanks to your support, my post made it out of the Elite 8 and into the Final Four. This means that my favorite charity – Saddle-up – will receive a donation from Free Money Finance.

Now I am going for more but I need your help – again. 

To vote for me in the semi-finals, go to  http://www.freemoneyfinance.com/2009/04/free-money-finance-march-madness-final-four.html

 Scroll down to the comments and vote “disgrace.” 

You might want to read the articles in the other semi-final and vote for one. I’m supporting “Pursuit.” They are all excellent. 

Thanks again.

Why You Should Purchase a GM Vehicle Now

April 1, 2009 by  
Filed under Blog

After careful analysis, Mr. ToughMoneyLove has concluded that everyone who can qualify for a loan should purchase a General Motors vehicle as soon as possible. These are my reasons: Read more

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