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 […]

Now that we’ve paid our 0% credit card off, we’ve gone and built a balance on another 0% card. About a week ago we received some “convenience checks” from one of our credit cards. We get these all time and they usually have a nice low or 0% interest offer for 6 months or so. […]

I know it’s a bit early, but we’ve paid off our 0% credit card. We got to the point where the additional interest we would earn by having the money sitting in a savings account became negligible, so we just paid it off. We used this card to put carpet in our recently finished basement […]

We’ve all read it and heard it a hundred times: “It’s better to earn interest than pay interest.” Why? For some the answer may be obvious, but I thought I would illustrate a real-life example for everyone’s benefit, my own included.
We recently paid off about a $14,700.00 balance on a car loan. […]

So after some comments and some more research, we’ve changed our minds. We decided to pay off Car #1 first. Not only does this take care of the highest interest rate, but it also frees up over $300/month in payments that we can divert to Savings & Debt.
It’s definitely going to feel good […]

In “How We Do It” I touch on my interpretation of the “60% Solution” budget. I wanted to take a little time to go more deeply into how and why we use it.
We tried many forms of budgeting over the years including strict budgets ($50/week for food and not a penny more, etc), less-strict budgets […]

We’ve managed to accumulate a big enough pile of money to pay something off. Now, what should get whacked first? I’ve been operating on the principal that the car loan with the highest interest rate will go first. We also have a credit card with a balance at 0% that we can’t […]

I’m getting an unexpected $2000 bonus from work. Unexpected in that it was supposed to be $500 but the company changed some guidelines August 1st and now I’m getting $2000. My first thought was goof off with the money. I’ve been saving (slowly) for a Wii and now I can just go […]

This is something that has gone through many iterations for me.  I’ve opened and closed and transferred more accounts than I care to remember.  But I’m big on simplicity and I think I’ve got this as simplified as I can get and yet still maximize my gains and meet my obligations.
E*Trade is our primary banking […]