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Category Archives: Personal Finance

Retiree Flushes Small Fortune Down Toilet

April 24th, 2006 Posted in Personal Finance | Comments »

The Associated Press reports that a Retiree Flushes Cash Down Toilet. The man apparently did not realize that his money still had value. As opposed to depositing his money in a financial institution where the money would have earned interest and this confusion would have been avoided, he simply transferred his money from his matress […]

When to Start Thinking About Retirement

April 22nd, 2006 Posted in Personal Finance | 2 Comments »

A person should think about retirement upon entry into the workforce. Many people cite the lack of money as the primary reason for their inability to start retirement savings. These same people are able to afford items that are not necessary for comfortable living. They usually also purchase items on credit, effectively making the power […]

Becoming Bullish on Internet Savings Accounts

April 13th, 2006 Posted in Personal Finance | Comments »

Lately, I’ve been collecting my 1099s from banks for interest income that I received in 2005. The disparity in my income from these banks as reported in my 1099-INT is surprising. I opened my first bank account when I was 14. I was fairly content with the interest income from Coast Federal since my savings […]