Disqus - Latest Comments for Moneymonk

Re: When Going Into Debt is Worthwhile

Moneymonk — Tue, 16 Jun 2009 12:42:33 -0000

If you can guarantee that it will make you money in the long run! go for it.

But it must be manageable, Having $50K in debt for a degree in English does not pan out.

Buying a house that is over half your monthly income is foolish also. But people are still doing these things. Debt can work both ways just be smart about it.

Re: I am Debt Free as of Today!

Moneymonk — Wed, 17 Dec 2008 15:29:30 -0000

I think it's easier to get out of debt than it is to STAY out of debt. Staying out of debt is harder for me than paying it off

Re: Ben Bernanke Agrees With Congress: Second Economic Stimulus Package Would Help

Moneymonk — Tue, 21 Oct 2008 16:08:19 -0000

I'm like dorannmwin

I don't think it will help, but I would be glad to cash it :)

Re: No More Credit Card Debt: Now What?

Moneymonk — Tue, 05 Aug 2008 14:09:59 -0000

I have not have credit card debt for about 12 years now, I don't miss it. Actually I don't have a credit card only a debit card

I find myself just paying extra on my car afterward, then building an EF, from there give some to charity and have a little fun!!

Re: Living Paycheck to Paycheck (On Purpose)

Moneymonk — Fri, 22 Feb 2008 17:52:04 -0000

"We can never have it all" Yes we can , max out your credit cards to the limit !!! LOL

just kidding. Fabulous Post, Single Ma. Living paycheck to paycheck can be good when you have all of your priorities in order

Re: Case Study: Multi-Millionaire Made on $11/hr Job

Moneymonk — Tue, 22 Jan 2008 17:30:21 -0000

I agree with Dawn and KMC, he did not have a life. Poor guy

having money but not being fulfilled in other areas = unsuccessful

Re: Flexo’s 2007 Goals: Status at the Halfway Point

Moneymonk — Thu, 12 Jul 2007 12:47:33 -0000

$40K outside your day job! Terrific

I hope to generate that much in my side business

Re: 5 Good Reasons to Avoid Debit Cards

Moneymonk — Tue, 03 Jul 2007 16:08:25 -0000

I meant I have to disagree with all the reasons except for duty free shopping

Re: 5 Good Reasons to Avoid Debit Cards

Moneymonk — Tue, 03 Jul 2007 16:07:12 -0000

I have to agree with all of those reasons except for the duty free shopping

I have rented cars, dispute transactions and had theft protection, not sure where marketwatch have their resources. Not true with me. I always use my debit card for Gas and never a double ties.

Compare to the traps credit cards get you into. I will always use debit

Re: What Are You Talking About, Willis? High-Interest Loans.

Moneymonk — Fri, 22 Jun 2007 15:59:43 -0000

Paying almost 4 years on a 1,000 loan. No thanks.

By the way, I have seen that commercial and we all know Gary is broke.

I have to hand it to him, he still trys to make a quick buck here and there.

Re: My Expenses Will Climb in Less Than One Month

Moneymonk — Fri, 08 Jun 2007 18:57:09 -0000

$1425, is not the same as a mortgage. As you said HOA fees, taxes and fees you are really paying maybe $200 more a month.
As long as your rent is comfortable enough for you to handle and still pay everyday expenses, kudos to you!

Re: Personal Income Statement, April 2007 (Net Loss: $117)

Moneymonk — Wed, 02 May 2007 13:48:25 -0000

Wow, I never seen a net worth report laid out like that. You count EVERYTHING, your expense categories are so detailed.

Re: Personal Balance Sheet, March 2007 ($87,999, +13.81%)

Moneymonk — Tue, 10 Apr 2007 15:56:29 -0000

Congrats Flexo you're doing very well

Re: More Than $50 Wasted

Moneymonk — Wed, 14 Mar 2007 18:14:03 -0000

I think cc convience fees are a million dollar business. For as the ticket. may be NJ police was trying to meet their quota. It happens!

Re: 5 Tips for a Frugal Valentine’s Day

Moneymonk — Thu, 15 Feb 2007 16:24:30 -0000

LOL !! Flexo you are funny.

Your post is hilarious

Re: Investing: Real Estate vs. Stock Market

Moneymonk — Tue, 23 Jan 2007 15:06:00 -0000

I agree with Jeremy,

RE is not a long term investment as is stocks.

Overall they are both good investments

Re: Suze Orman Teams Up With TD Ameritrade

Moneymonk — Tue, 16 Jan 2007 18:57:36 -0000

Wow, no love for Suze.

hmmm Suze Orman, sometimes she contradict herself, therefore I do not buy her books. When I am bored I sometimes watch her show on CNBC. She is not the best but she is mediocre

Re: Caption Contest: George W. Bush

Moneymonk — Mon, 06 Nov 2006 19:50:39 -0000

I know that look anywhere, when Bush put his two fingers together.

He must be talking about OIL !!!!!

Re: Upcoming Review: The Smartest Investment Book You’ll Ever Read

Moneymonk — Thu, 30 Nov 2006 18:14:06 -0000

I'm a personal finance book lover and I'm always at bookstores on the weekends browsing in the personal finance section.

I have not heard of this book but I am eager to see your review.

Re: Personal Income Statement, October 2006 (Net Income: $3,583)

Moneymonk — Fri, 03 Nov 2006 15:41:35 -0000

Compared to last year, you are doing very well

You have mush less debt, Congrats !!.

Now that you have completed your Masters, you should be well financially fit

Re: ETFs For Commodities

Moneymonk — Wed, 07 Feb 2007 17:21:21 -0000

I bought shares in DBC. I wanted to invest in Gold, but I felt DBC was a better way to go because of the diversity in commodities.

Re: 6 ways you are passing up free money

Moneymonk — Fri, 12 Oct 2007 12:34:34 -0000

"Not joining airline/hotel/etc. frequent flyer programs"

I feel there are not worth it. Because you have to spend a lot money just to get the points

Re: spend less than you earn - the wrong way to think

Moneymonk — Thu, 20 Dec 2007 13:32:39 -0000

I always say this in my blog as well, some people just don't get it.

My point is to become wealthy, so continue to increase your income in the process.

But you said it best, "If you are strugging with debt, spend less than you earn!

Re: you might be a personal finance redneck if…

Moneymonk — Wed, 26 Dec 2007 15:08:54 -0000

funny! ahh I know that took alot work!

Have a good New Year's

Re: net worth or net worthless?

Moneymonk — Wed, 02 Jan 2008 14:12:06 -0000

Net worth is never perfect, we can only guessimate

Re: lazy equals poor

Moneymonk — Mon, 14 Jan 2008 11:56:49 -0000

Good post

As the bible says- nothing comes to a lazy man

I lazy in the way of I do not like psysical work, I like to use my mind. I work smart most of the time, not hard

Re: the whole life sabbatical (part 2 of 3)

Moneymonk — Thu, 13 Mar 2008 12:37:10 -0000

"you will be a distant dusty memory to your former coworkers in a week" --Amen !

I have said there are 2 ways to become wealthy: have great wealth or have few wants

I think we get so wrap up in wanting things that we really need to practice contentment!

Re: Getting rich, made simple - part 1

Moneymonk — Tue, 22 Apr 2008 13:35:02 -0000

You forgot to add increase your income as you do these things. Most focus on lowereing their spending and they forgot to find ways to increase your income

Re: 5 signs your job sucks

Moneymonk — Wed, 06 Aug 2008 13:00:16 -0000

@Ashley @ Wide Open Wallet - LOL

Now that's funny.

I find myself thinking of ways to leave early or come in late (dentist appts, doctor visits, need to go the the childrens school etc')

And the other half was spent allocating my vacation days

I just said to myself "why I have to make up things, I just need to just find another job"

Re: the myth of the parent that NEEDS to work

Moneymonk — Wed, 20 Aug 2008 13:16:01 -0000

I don't see anything wrong with driving a new car and have premium movie channels and take a vacation to Aruba every year? That can also be done on one salary, depending on your overhead expenses.

If I have a side business that brings in enough monthly to pay for the mortgage and live off of one salary for day to day expenses. We can still have a few wants.

You make it seem like if one parent stay home, vacations and little luxuries must be eliminated.

There is always a way around things

Re: building wealth in an age of thieves

Moneymonk — Wed, 17 Sep 2008 13:07:18 -0000

The last statement will never change. Stick to it.

Stop chasing high returns

Be the Tortuise and not the hare

Re: short term, long term

Moneymonk — Mon, 29 Sep 2008 16:58:17 -0000

I agree with -remodelingthislife

You have to balance it, I have set up auto draft for my long tern capital (retirement and college fund) and I forced myself to have fun and pay living expenses with the rest

Either way I'm having my cake and eating it too

Re: follow the white rabbit to financial freedom

Moneymonk — Mon, 06 Oct 2008 17:51:24 -0000

"The trouble is, you set down the book and remember “I need a new belt!"

So true

We have all the available information within our access in the libraries, bookstores and the internet.

We are consumed so much we forgot what it takes for discipline.

Do not get comfortable in being broke. Change your life

Re: 7 mistakes not to make in a crisis

Moneymonk — Wed, 08 Oct 2008 13:42:58 -0000

I’ve upped my 401(k) contribution rate as well The stock market is on SALE!!

Re: I will not pay for my children’s college education, part 2

Moneymonk — Fri, 17 Oct 2008 17:59:43 -0000

College or not, I will try to support them. However, the days of go to school, get a good job, and work for 30 yrs are over.

The Entrepreneur route id more effective, however school does not hurt.

It more important to teach my kids about money, credt and investing more than go to college

Re: how America grew rich, fat and unhappy

Moneymonk — Thu, 30 Oct 2008 13:02:41 -0000

"no-one is too poor to afford a car." ........ no one is too poor to finance a car

Not too many people own a car in America

Re: why you’ll be richer without kids

Moneymonk — Tue, 02 Dec 2008 11:45:46 -0000

Raising a child can cost up to $250,000 -" oh pleeze, My mom&dad had 7 children, so I guess she spent over 1 million dollars, lol

These studies are seriously over the top

Re: net worth or net worthless?

Moneymonk — Mon, 22 Dec 2008 20:53:56 -0000

I wrote a post close to this a while back.

I just think cash flow is always better than net worth. It is cash flow that will keep you going.

http://www.moneymonk.net/2008/03/net-worth-is-j...

Re: rich mom, poor mom

Moneymonk — Tue, 06 Jan 2009 14:12:25 -0000

I have to agree with Mary Witzl , my daughter also PREFERRED to be around her own peers. I work, but I also have plenty of days off and I would always spend those days with however I noticed that I am not her equal and she preferred to be around other kids doing kid stuff.

Some children just want to be around their peers and I don't blame them. That was her little paradise

Re: third marketplace appearance

Moneymonk — Wed, 11 Feb 2009 11:58:38 -0000

If people were doing that in the first place they will have no worries about the economy

Because there economy is better

Re: we feel like fools

Moneymonk — Thu, 05 Mar 2009 12:44:34 -0000

I think creating more income streams is crucial, so long are the days of saving money, finding a good job with a pension.

new days, new rules

Re: internet job boards - wasted effort?

Moneymonk — Wed, 25 Mar 2009 18:39:59 -0000

I'm surprise that twitter got you a lead

I hate Monster-- toooo many people are on there making impossible, I did very well with dice.com since I'm in the technology field

Re: how to make money without a job and why you should

Moneymonk — Mon, 13 Apr 2009 12:16:47 -0000

..."extra work isn’t what anyone wants."

You can say that again, that's what keep middle class middle class

Re: how to pay less income tax

Moneymonk — Wed, 15 Apr 2009 16:48:30 -0000

Thr Rich pay 15%

The working person pay 25% or more so true

Im on my way to become my own boss

Re: why I spend

Moneymonk — Tue, 21 Apr 2009 13:18:41 -0000

"We can do without a lot, but not without everything."

I'm glad you said that, because some people take frugal to the extreme

Re: why I spend

Moneymonk — Wed, 29 Apr 2009 13:30:57 -0000

agree AJC

well said, I have to blog about your comment, it really makes since

Re: why I spend

Moneymonk — Wed, 29 Apr 2009 13:41:05 -0000

agree AJC

well said, I have to blog about your comment, it really makes sense

Re: early retirement or meaningful work?

Moneymonk — Fri, 08 May 2009 16:27:04 -0000

RDPD has been criticized so much but this book has also impacted me, it teaches you to think outside the box and be apart of your own plan and not someone else's

Re: the four(ty) hour workweek

Moneymonk — Thu, 18 Jun 2009 13:34:37 -0000

I have a forty hour work week ( my job) However, I spend about 4 hours a week doing other work related things I love such as my business and other projects.

For as Travel and adventure, been there done that.

I wish I can drop the job and focus on my other activities. Problem is that my job pays much more than my business.

Re: are you a success junkie?

Moneymonk — Thu, 03 Sep 2009 18:10:12 -0000

I agree with bargainr, people tend to have a narrow mind towards finances. And when it does not work for them. They do nothing. There is no one size fits all approach, whatever works for you and your specific situation.

I got out of debt not by Suze, Dave or Robert approach. I simply paid more than the minumum and cut out a little entertainment. It took me a little over two years. During those years I was not on a budget. Whatever was left after debt payments and living expenses. I lived on the rest.

As I was getting of debt, my income was also increasing through other sources

Re: Guess How Much Money My Blog Made In December & Win A Free Autographed Copy Of ‘An American Hedge Fund’

Moneymonk — Mon, 12 Jan 2009 17:05:21 -0000

62K

Re: Check Out My Web Designer Pallian’s Latest Project: Tweetizen

Moneymonk — Tue, 03 Mar 2009 16:27:09 -0000

Pretty cool, more streamline

Re: Wall Street Movie Sequel Deal Now Finalized With Oliver Stone Directing Michael Douglas & Wannabe “It” Boy Shia LaBeouf

Moneymonk — Wed, 29 Apr 2009 13:08:26 -0000

Yeah I believe it will be out in 2010

It takes place when he gets out of jail, during the hedge fund era, can't wait to see it

Re: What Kind Of Lifestyle Do Traders Crave? (Answers From A 760 Person Survey)

Moneymonk — Tue, 18 Aug 2009 16:19:04 -0000

I can do the same w/o trading full time. I love the comments except for this one "I want to live like a teenage black rapper" sooo funny

Re: 10 Millionaires’ Secret Money Tips

Moneymonk — Fri, 17 Apr 2009 13:20:27 -0000

I agree with all except "Do what you love" sometimes you have to do things you don't love

Re: 2008/12/16/choosing-social-networks/

Moneymonk — Mon, 13 Apr 2009 12:40:43 -0000

Nice Dan

Re: 5 Ways to Share Your Social Media Identity

Moneymonk — Tue, 02 Jun 2009 14:05:20 -0000

Not bad, interesting post!

Re: Gary Vaynerchuk - You can have both….Jobs. Way to many people out...

Moneymonk — Mon, 15 Sep 2008 17:19:55 -0000

something gotta give; hustle now be free later

Re: Tim Ferriss and Ramit Sethi on Blogging Techniques and Self-Publishing vs. Big Publishers

Moneymonk — Wed, 22 Apr 2009 12:15:21 -0000

Tim, you are the man!

Good tips and stategies Ramit and yourself have

Re: How Blogs Helped The Four Hour Work Week Become a Best Seller - The Timothy Ferriss Interview

Moneymonk — Wed, 29 Jul 2009 18:54:11 -0000

I love the etiquette that he talks about. I myself will dismiss emails pitching me something. I learned also if you work for free for someone it's easier for them to do things for you.

Re: How Blogs Helped The Four Hour Work Week Become a Best Seller - The Timothy Ferriss Interview

Moneymonk — Wed, 29 Jul 2009 18:55:12 -0000

I love the etiquette that he talks about. I myself will dismiss emails pitching me something. I learned also if you work for free for someone it's easier for them to do things for you.

Re: ETF Trends Launches Advertising

Moneymonk — Fri, 09 Mar 2007 17:11:52 -0000

Wow! all good companies. Congrats

Re: Five ETFs To Watch As The Stock Market Rebounds

Moneymonk — Mon, 26 Mar 2007 14:49:24 -0000

South Africa is a good buy, because of there precious metals. Also SA will host the 2010 Fifa Soccer World Cup

For as Latin America, Hugo seems to a little threat. Not sure for the future of Latin America. Only time will tell. But, Brazil seem to be doing very well

Re: Islam Friendly ETFs

Moneymonk — Tue, 01 May 2007 16:33:46 -0000

Muslims do not believe in paying interest. It is forbidden. Therefore, banks and credit cards companies are excluded. Not sure how the banking industry works there.

Re: South African ETF-A Good Ride

Moneymonk — Wed, 16 May 2007 12:20:27 -0000

I hear a lot of Hedge Fund Managers talk about how SA is growing and doing well.

The social issues seem not to affect this ETF

Re: India’s Economy and ETF Curry Hot?

Moneymonk — Thu, 14 Jun 2007 16:53:11 -0000

India was the slowest out of the BRIC countries. Seems like the slow tortoise wins the race!

Re: Sudan-Free ETF

Moneymonk — Tue, 26 Jun 2007 13:26:53 -0000

Wow, ETFs are popping up like wildflowers. But their is almost a leak somewhere in the system. I am not sure I can trust this ETF to be Sudan Free

Re: Small Cap and Microcap ETFs

Moneymonk — Mon, 02 Jul 2007 14:10:21 -0000

I have VB, hopefully it will do well

Re: Why Commodity ETFs Might Be a Smart Investment

Moneymonk — Thu, 26 Jul 2007 18:05:25 -0000

Oil is always a good investment. OIH is a good choice also

Re: Interest in International REIT ETFs Increases as U.S. REITs Decline

Moneymonk — Mon, 20 Aug 2007 17:29:11 -0000

I own RWX no regrets as of yet, I will hold

Re: Brazil’s ETF Is Still on Fire

Moneymonk — Wed, 31 Oct 2007 16:59:43 -0000

I own EWZ also, and loving it

Re: Playing With Oil Through ETFs

Moneymonk — Thu, 15 Nov 2007 12:36:10 -0000

I have not yet heard your thoughts on the Timber ETF as of yet?

Claymore/Clear Global Timber Index ETF (CUT)

Re: An Islamic ETF Would Be Beating the S&P 500

Moneymonk — Tue, 20 Nov 2007 15:35:36 -0000

I own AMAGX and it's doing well also

Re: Some ETFs Experience a Reversal of Fortune

Moneymonk — Tue, 12 Feb 2008 14:38:10 -0000

What do you think of the new Gaming ETF (BJK)??

Re: Which Way Is the China ETF Going to Swing?

Moneymonk — Mon, 25 Feb 2008 16:11:13 -0000

Every bubble should burst at some point

Re: Oil Briefly Tops $103, Markets and ETFs Drop

Moneymonk — Fri, 29 Feb 2008 15:04:10 -0000

have you noticed the new Oil ETF -The United States Gasoline Fund (UGA)

Re: Rydex Puts ETFs to Work In a New Mutual Fund

Moneymonk — Thu, 20 Mar 2008 18:04:01 -0000

NOW I've seen it all

Re: Some ETFs Might Be Up, But Consumers Are Feeling Down

Moneymonk — Fri, 30 May 2008 15:29:00 -0000

Global Luxury ETF? now, I heard it all :)

Re: 3 Things I Learned from I Will Teach You To Be Rich

Moneymonk — Wed, 15 Apr 2009 16:20:08 -0000

touché

Re: Review of WP Review Site - Quickly Create Niche Review Sites With WordPress

Moneymonk — Fri, 03 Oct 2008 18:52:11 -0000

Nice plug in, by the way I liked your iPhone hack

Re: The Darfur Conflict: Less About Race, More About Land and the Environment

Moneymonk — Wed, 20 May 2009 12:11:34 -0000

Darfur is more about Oil and other resources, regardless there seem to be no solution

Re: time to read the writing on the wall

Moneymonk — Thu, 17 Sep 2009 17:24:49 -0000

"I’ve been MEANING to start looking, but I’m just so busy – plus it’s hard to interview, my resume is outdated, I have this big project here"

That would have been the end of the conversation, LOL

Re: lack of communication, or stupidity?

Moneymonk — Thu, 01 Oct 2009 11:31:38 -0000

It depends, if she was over 60, that the generation that grew up like that. However, the caller had to be embarrassed. That's why she had a nervous giggle. Her husband picked a good submission wife