Archive for October, 2007
Wednesday, October 31st, 2007
What is Financial Independence?
While I will argue that the specifics of financial independence will vary from individual to individual, there are some commonalities. Using these,it is possible to create a common definition.
Financial Independence is having sufficient mix of assets to both meet current financial needs and a comfortable probability of meeting future needs.
I suspect that you have noticed [...]
No Comments » - Posted in Uncategorized by Jack
Tuesday, October 30th, 2007
Glitz,Glamour, and Gambling
Las Vegas
Las Vegas is quite the city. Even ignoring the Strip, it stretches for miles in an arid landscape. At night, the lights spread across the valley. Tile roofs and highways interconnect on this stop between Arizona and California.
As one of the fastest growing urban areas in the country over the past few years, Las [...]
No Comments » - Posted in Consumption by Jack
Saturday, October 27th, 2007
Federal Debt Impact on Private Debt
This is the third post in the Federal Debt Discussion series. Previous articles discussed the The Scale of the Federal Debt and The Scale of the Federal Deficit.
The Federal Government borrows money for a lot of different reasons. Some of it goes to funding operations. Some of it is to balance cash flow with expenses. [...]
No Comments » - Posted in Debt, Federal Debt by Jack
Friday, October 19th, 2007
The Scale of the Federal Deficit
This is a post in the Federal Debt Discussion series.
Previously, we discussed The Scale of the Federal Debt. This debt did not magically appear. It has been built up over a number of years, and has gone up and down during that time period based on the annual deficits (and occasional surplus) [...]
2 Comments » - Posted in Debt, Federal Debt by Jack
Thursday, October 18th, 2007
Somebody Is Doing Something Right
Patrick, over at Cash Money Life relates to us his financial life story in brief.
Unlike many of us (myself included), he appears to have done the right thing from the very beginning. That, with no life-busting emergencies has him sailing smoothly. The best part? He has the freedom to be doing the [...]
3 Comments » - Posted in goals by Jack
Wednesday, October 17th, 2007
The Scale of the Federal Debt
This post is part of the Federal Debt Discussion series.
The American National Debt is a staggeringly large number. It is several times larger than the total amount of US Dollars in circulation. Even trying to visualize that much money in stacks or circling the globe many, many times is very difficult to do.
Fortunately, [...]
2 Comments » - Posted in Debt, Federal Debt by Jack
Wednesday, October 17th, 2007
Federal Debt Discussion
This is the root post for the discussion about the Federal Debt and Deficit and its impact on us.
As I work through my exploration and education about the Federal Debt and Deficit, each of those posts will be linked back to this one. That will allow this post to act as a central hub for [...]
No Comments » - Posted in Uncategorized by Jack
Tuesday, October 16th, 2007
What I Am Reading Now: Greenspan
A lot of my fun reading is centered around sci-fi and fantasy books. I like to visualize new and different places and those books let me do it. As a bonus, wrapping my thoughts around a different kind of world is fun too. The idea that magic or science can give a completely different way [...]
No Comments » - Posted in Economics by Jack
Monday, October 15th, 2007
All The Home You Can Use
I am in the process of designing my next house.
My wife and I recently purchased a lot to build our house on. Since it is a flat piece of dirt right now, something will need to go on it. You see, our current house is a nice enough home. We have decided that while staying [...]
2 Comments » - Posted in Home by Jack
Saturday, October 13th, 2007
Curse of the Packrat
I Am a Packrat.
There. I’ve gotten that off my chest. I find it hard to throw things out. There are people who are much worse off about it but the average person does better than I do.
There are boxes that have moved more than twice without having been opened. Leftover parts [...]
