From the monthly archives:

October 2008

5 Tips to Get Your Teenager To Save Money

by amy on October 30, 2008

Teenagers don’t usually get their first jobs because they want to save money for the future. They want cash to buy a new car, purchase new clothes and music, or pay for going out with friends. However, getting teenagers in the habit of saving their money from day one is the best [...]

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October 2008 Balance Sheet – Progress!

by debt kid on October 30, 2008

OK, a big thanks to Flexo. I took his income statement excel file and modified it a bit to work for me. This is a much better way to track my progress than what I had been using.
Wow, I didn’t realize how much stronger position I am in now than a year ago. I’m actually [...]

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Getting Debt Free Today: Not Gonna Happen

by debt kid on October 29, 2008

I wish there was some magic wand I could waive and instantly be out of debt today.
Not gonna happen.
Things have stabilized quite a bit for me, and I think in another few weeks I’ll have a very good and pretty stable budget figured out both on the personal side (income from my new job), and [...]

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Being Frugal Isn’t So Painfull

by amy on October 28, 2008

Living a frugal life may sound like a nightmare.
You’re probably thinking of giving up all the luxuries in your life: that expensive cup of Starbucks coffee, those designer clothes in your closet, that expensive pair of athletic shoes, those nights of partying with your friends.
The truth is you can enjoy the benefits of frugal living [...]

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Big Announcement: I Got A New Job

by debt kid on October 27, 2008

My readers who get my nearly never email alerts got a heads up on this, but for the blog, here’s the announcement I sent out earlier this morning…
I wanted to let you know early about a pretty big development for me. Sort of a thanks for letting me email you once in a while thing.
** [...]

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Chuck Norris, hedge fund manager

by debt kid on October 24, 2008

I saw these on cnbc this morning and couldn’t help but share.
I love Chuck Norris quotes, and with all the turmoil in the markets right now, I hope people get a chuckle out of them. If you’ve never traded or studied finance you might not get them all (I got probably 95%), but [...]

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First IRS Payment Sent

by debt kid on October 23, 2008

So I sent off my first IRS payment today for $1000.
Yikes.
It feels good to finally start on the payment plan that I worked out with them a few months back. Plus, the $1000 was only for the first payment, going forward each month I only have to pay $600.
Only $600. Jeez.

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I probably need some cheese with all this whine…

by debt kid on October 19, 2008

This past week I’ve seriously just wanted to whine. So much so, if I we listening to myself I’d probably say,
"Hey, you want some cheese with that whine?"
Yeah, that’s how I joke. I know. It’s no wonder I have trouble with the ladies.
I’m just a little frustrated right now because I feel like I keep [...]

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Even though I don’t trade any longer, I still follow the stock market quite a bit. Especially lately. A number of online brokers, including TradeKing, OptionsXpress, and ShareBuilder are giving away loads of free money right now to acquire new customers.
TradeKing $50 Bonus
TradeKing is offering $150 bonuses (transfer fees waived) to new customers. To receive [...]

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