Comments on: The Best of Get Rich Slowly: August 2007 Edition http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/ Common sense advice on money saving tips, how to get out of debt, high interest savings accounts, cd rates, money market accounts, mortgage rates, money management and more. Sat, 25 May 2013 00:00:08 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: tina http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/comment-page-1/#comment-96795 tina Mon, 03 Sep 2007 15:44:10 +0000 http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/#comment-96795 I'd like to see a "template" that suggests percentages of my budget to be spent on certain things. I've heard that your mortgage payment should be no more than 1/3 your salary. Is this true? And, if so, what percentage should I budget for utilities, food, gas, and other standard expenses. I realize they would be ball-park numbers due to the cost of living in my area and the nature of my work and home, but some idea would be helpful, too. I’d like to see a “template” that suggests percentages of my budget to be spent on certain things. I’ve heard that your mortgage payment should be no more than 1/3 your salary. Is this true? And, if so, what percentage should I budget for utilities, food, gas, and other standard expenses. I realize they would be ball-park numbers due to the cost of living in my area and the nature of my work and home, but some idea would be helpful, too.

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]]> By: MoneyNing http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/comment-page-1/#comment-96757 MoneyNing Sun, 02 Sep 2007 05:11:19 +0000 http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/#comment-96757 Have a great time off from the blog! I know how draining it can be! Have a great time off from the blog! I know how draining it can be!

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]]> By: John http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/comment-page-1/#comment-96739 John Sat, 01 Sep 2007 15:59:01 +0000 http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/#comment-96739 Good luck with the decluttering, J.D.! I find that, even if I'm only getting rid of a small bag of "stuff", I feel much calmer and freer afterwards. Stuff can be quite distracting after a while, that's for sure. I've been enjoying the psychology and motivational posts (the Malcom Gladwell and the Impro posts, to be specific) and would love to see more along those lines. As the Impro post shows, there's a lot of cross-over between psychology and creativity. I've been at those crossroads a lot lately, and I consider that to be a very good thing. Oh, and if anyone ever gets a chance to hear Mr. Gladwell speak, go see him. I did a few years ago, and it was fantastic. Good luck with the decluttering, J.D.! I find that, even if I’m only getting rid of a small bag of “stuff”, I feel much calmer and freer afterwards. Stuff can be quite distracting after a while, that’s for sure.

I’ve been enjoying the psychology and motivational posts (the Malcom Gladwell and the Impro posts, to be specific) and would love to see more along those lines. As the Impro post shows, there’s a lot of cross-over between psychology and creativity. I’ve been at those crossroads a lot lately, and I consider that to be a very good thing. Oh, and if anyone ever gets a chance to hear Mr. Gladwell speak, go see him. I did a few years ago, and it was fantastic.

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]]> By: David Slone http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/comment-page-1/#comment-96702 David Slone Fri, 31 Aug 2007 18:25:57 +0000 http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/#comment-96702 I really enjoyed the posts about making money with your hobbies. This is one of the sites that introduced me to istockphoto.com and my ability as an artist to make money online with my work. I want to write posts on my own site about how to save money as an artist and also how to make money. You've been a great inspiration. Keep it up! I really enjoyed the posts about making money with your hobbies. This is one of the sites that introduced me to istockphoto.com and my ability as an artist to make money online with my work. I want to write posts on my own site about how to save money as an artist and also how to make money. You’ve been a great inspiration. Keep it up!

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]]> By: Matthew http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/comment-page-1/#comment-96694 Matthew Fri, 31 Aug 2007 14:35:06 +0000 http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/#comment-96694 The stories I enjoy most are ones about frugality, home economics, internet tips, etc. For instance, I'm really excited about the Grocery Game after having read about it last week. I also use Wesabe now after reading about it here. I've also started my own garden (to very mild success this year). Oh, and I've implemented the one-month waiting list for things I think I want then later realize I don't. The investing articles are the ones I typically skip over mainly because I use index funds on my 401K and don't have much room for anything else right now. Maybe I'm more of an exception than the norm in this? The starting your own business and home improvement posts are also interesting, even if they aren't always fully applicable to me. The stories I enjoy most are ones about frugality, home economics, internet tips, etc. For instance, I’m really excited about the Grocery Game after having read about it last week. I also use Wesabe now after reading about it here. I’ve also started my own garden (to very mild success this year). Oh, and I’ve implemented the one-month waiting list for things I think I want then later realize I don’t.

The investing articles are the ones I typically skip over mainly because I use index funds on my 401K and don’t have much room for anything else right now. Maybe I’m more of an exception than the norm in this?

The starting your own business and home improvement posts are also interesting, even if they aren’t always fully applicable to me.

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]]> By: Wesley http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/comment-page-1/#comment-96693 Wesley Fri, 31 Aug 2007 14:31:37 +0000 http://www.getrichslowly.org/blog/2007/08/31/the-best-of-get-rich-slowly-august-2007-edition/#comment-96693 I'd like to see an investing topic covered. In particular, you've already covered high-interest banking accounts quite thoroughly, which lead to my getting setup with USAA (good stuff, great article). I'm still fueling that account, and now I'm wondering what other investment options are out there for the conservative folks? If online banks give somewhere between 4.5 - 6% interest, what are the non-stock options that might given a slightly higher return (say 7 - 8% range)? Is there anything with extremely low risk that offers that type of return besides stocks? I’d like to see an investing topic covered. In particular, you’ve already covered high-interest banking accounts quite thoroughly, which lead to my getting setup with USAA (good stuff, great article). I’m still fueling that account, and now I’m wondering what other investment options are out there for the conservative folks?

If online banks give somewhere between 4.5 – 6% interest, what are the non-stock options that might given a slightly higher return (say 7 – 8% range)? Is there anything with extremely low risk that offers that type of return besides stocks?

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