Budgets are all the rage across the personal finance world. If you visit a personal finance site or blog there is a good chance you will see articles on budgets ad nauseam. You will find how to budget, what to budget, when to budget, where to budget, why to budget, and everything in between. And […]
In the past I have come across as pretty anti debt. I chronicled our struggle with over $140k of student loans. I explained the secret to getting out of debt was to passionately hate debt because of how it robs your future. The article how it feels to be debt free describes the wondrous freedom […]
One of the reasons I started Personal Finance Utopia was to share my story of how my wife and I battled out of heavily oppressive debt. I wanted to inspire and encourage others burdened by massive amounts of debt to not give up hope. Our struggle to break free from the bondage of debt was […]
Oh, my goodness! The market is crashing. Sell everything you have and get out now! Or not. During a tumultuous stretch from Tuesday, August 18 to Tuesday, August 25th, the S&P 500 fell by -11.17% highlighted by two days of massive losses on Friday the 21st and Monday the 24th. On those two days alone, […]
I have a good friend and former colleague who I meet up with about once a month. He’s a pretty sharp guy – he has his CPA and works in the mutual fund industry. Most of our conversations are centered on family, work, and what else we would be doing if we did not have […]
If you read part one of this article on the advantages of buying a new construction home, you are probably all fired up and ready to go purchase one! Before you go rushing out the door with pen in hand to sign on the dotted line, let’s take a look at some of the possible […]
Late last year, my wife and I purchased a new construction home. If you know about my nightmare foreclosure then you might think I would have been a bit hesitant to join the ranks of homeowners again. After all, that fiasco was horrifying enough to deter anyone from buying another property for a lifetime. However, time […]
Let’s face it, we are a society that is buried in debt. The average US household has $15,191 in credit card debt and also owes $33,607 on outstanding student loans. Add in auto loans and other types of financing and it is easy to see the typical American family is burdened by over $70,000 of […]
