Tag Archives: Invest

Lanny’s October Income and Expense Summary

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Another month has passed, another month where I ask myself… Did I hit the 60% savings goal with my income and expense tracker?  Did I hit the big mark that I set for myself back in August when I was discussing why I am aiming to save 60% of my income?  I know Bert did extremely well, saving almost 63% of his income for October.  Straight cruising now Bert!  I know he is doing and tweaking a few things to increase that even further/higher going forward.  Let’s dive into the analysis. Continue reading →

Pay Down the Mortgage or Invest, that is the question

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I had a long conversation with Bert today on the phone as he was on his way to Detroit.  It was regarding what the heck to do with my idle cash that I typically use for investment purposes, but am getting anxious as it has been almost two weeks since purchasing a stock.  We were trying to discuss if and why I should make extra payments towards my mortgage, which I typically do once per year.  Here is how our discussion went.

pay down the mortgage or investVSpay down the mortgage or invest

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Lanny’s August Income and Expense Summary

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Well, I am sure you are all wondering… Did I hit the 60% savings goal?  Did I hit the big mark that I set for myself last month when I was discussing why I am aiming to save 60% of my income?  August had a lot of trial and tribulation, but a lot of positives came from the month.  Let’s see what happened to my 60% goal for August.  Continue reading →