cash | Something On My Mind

the personal finance blog

Oct 27, 20212 min

PFT #46 - Personal Finance Tip: How to Manage the Rainy Fund Especially During Rising Inflation

The rainy day fund is money that is set aside in the budget to account for small, unforeseen expenses, but how do you manage it?

May 28, 20212 min

PFT #24 - The Reason Alcohol at Bars and Restaurants are Expensive

Wine and alcohol are expensive when dining and it based on the ingredient cost and the mark up known as the pour cost

Apr 27, 20212 min

What Are Fractional Shares and Dividend Reinvestment Plans (DRIPs)

A fractional share is when there is less than a full share of stock owned. This happens with dividend reinvestments and stock splits.

Apr 14, 20212 min

PFT #18 - Creating Disposable Income in the Budget When You Buy a New Product

Successful personal finance managers have discipline and put in the work to buy quality productand create disposable income.

Mar 7, 20216 min

#49 - I am Leaving My Job. Do I Need to Have an Employer-sponsored plan with my New Employer?

Social Security’s goal is to provide 40% replacement income and the individual’s goal is to reach 80% replacement income in retirement.

Mar 3, 20213 min

PFT #12 -Personal Finance Tip: How Shopping For Medical Procedures Can Save Money on the Budget

I had a surgery estimated to cost $10,000 and after my research was complete, I switched to a new medical facility and saved $9,000.

Jan 31, 202110 min

#44 - The GameStop Short Sell Where the Little Guy Beat Wall Street at Their Own Game

Shorting a stock whens shares are borrowed from a broker on margin and have to be be paid back with interest to the broker.

Dec 31, 20205 min

Podcast #39 - Deferred 0% Interest Rate Credit Cards and How They Impact Your Budget

Rule #1: as long as you pay the credit card with regular installments before the 24 months expire you will accumulate no interest.