QuestForAMillion.net

After much deliberation we’ve decided to redo our bedroom closet. There’s a useless vanity area right next to our closet that is getting ripped out and our closet will be extended to take one entire wall of our bedroom. We’re still intent on saving money and getting our 0% credit card paid off in time […]

The more I learn about economics and how government actions affect the economy, the more I’m convinced we’re coming upon a period of high inflation. Wikipedia defines inflation as a rise in the general level of prices over time. The Consumer Price Index (CPI) is the most generally accepted measure of inflation. A rising CPI […]

Now that we’ve transferred the car and student loans to a 0% credit card, we’ve tweaked our budget categories as follows:

Committed Expenses: 65.44% (down from 72%)
Fun: 4.30% (up from 4.16%)
Irregular Expenses: 5.38% (down from 5.55%)
Savings & Debt: 17.9% (up from 11.09%)
Retirement: 6.98% (down from  7.2%)

All the money we’re saving on the loan payments is going […]

After much internal debate, debate with my wife, and playing around with different scenarios in Microsoft Money, we’ve decided to change around some of our cash flow. Currently we’re putting about $700/month into our Irregular Expenses account and budgeting to spend $500 or less on Irregular Expense categories each month. We’re usually around $300 - […]

Our net worth for February is posted on the Results page. We had a net worth increase of $3934 or about 4% for the month. Unfortunately we’re still below where we started the year.