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Archive for August, 2007

Living vicariously

I have set up my newly-updated Save-O-Meters (see right sidebar). Retirement savings now rest at around $11,400 (breaking the five-figure barrier… it’s like the 4-minute mile!). Emergency saving is at $5,600. Down payment is currently ZERO (which is ironic because this blog is supposed to document my journey toward home ownership… well, I never said [...]

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Still internet-less!

More than three weeks after moving into my apartment, I STILL don’t have internet access at home.  (Which is why I haven’t posted in what seems like an eternity in blog-time).
For a moment last week I thought I could survive without internet at home (I could just bum off wireless or go to [...]

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Words, worlds

My job right now is very numbers-oriented. But I love words. I love the way that hardcovers feel. Or the way that old books smell. During college, one of my favorite way to spend a Sunday morning is to rummage through a book yard sale (after a HUGE brunch, of course) - I’d buy books [...]

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Goals, it’s about time

It’s nice to have some goals to work towards, no?
So here they are - my end-of-2007 goals:
1. put $12,000 towards retirement (or $2,400 per month from August to December).
2. save $1,250 for emergency fund (or $250 per month, or $125 per paycheck).
3. have a positive net worth.
4. keep in touch with mentors - 2-3 emails/phone [...]

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Priceless

Does anyone here watch Platinum Weddings? The tagline is: “Most little girls dream of the day they marry. But some little girls dream big.”
Dream big is right. Some of these dream weddings profiled cost over $500,000. One of them had a $1.2 million price tag.
Anyhow, I caught one of the episodes about a young bride [...]

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NYC round-up

Since I’ve came back from NYC several days ago, I’ve had a chance to get a rough tally of how much I’ve spent.
The good thing is most of my spending went to “experiences” instead of “stuff.” I spent a small fortune on dining out. I don’t even want to know how much the total tab [...]

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A lot of bloggers have talked about a recent New York Times article on the “working class millionaires” of Silicon Valley. One of the people profiled is Hal Steger, a 51-year-old marketing executive who has a $3.5 million net worth but still works 60-70 hour weeks looking for his big strike.
This article reminded me of [...]

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One of my favorite drinks is a honey tea latte (really just a milk tea with honey) from a little coffee shop a few blocks from where I live. It costs $4, but it tastes delicious.
Today, I was about to turn in the parking lot to get the drink when I thought, well, if I just get a [...]

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Emergency fund = 3 months

If you look at my emergency fund progress bar to the right, you’ll see that I’ve achieved 50% of my goal (thanks to my first paycheck!). That $5,000 means that I’ve got roughly 3 months of living expenses saved up.
That $5,000 could very well stretch to 5 months if I move home during an emergency.
I [...]

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