Comments on: Net Worth for the New Year http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/ Finance is not rocket science, unless it is government finance. Sat, 20 Mar 2010 21:52:29 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Budget: just do it! | rocket finance http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/comment-page-1/#comment-1593 Budget: just do it! | rocket finance Tue, 11 Mar 2008 18:50:54 +0000 http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/#comment-1593 [...] 2008 was the first time since before we had our second child where our net worth inched past 0. In fact, our projected budget for this year shows a surplus of $84.95. (Although Mrs. Rocket is at [...] [...] 2008 was the first time since before we had our second child where our net worth inched past 0. In fact, our projected budget for this year shows a surplus of $84.95. (Although Mrs. Rocket is at [...]

]]> By: Use Credit Cards Responsibly | rocket finance http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/comment-page-1/#comment-1592 Use Credit Cards Responsibly | rocket finance Tue, 11 Mar 2008 18:49:42 +0000 http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/#comment-1592 [...] see, we began the year with a negative net worth and during the course of the year our ARM mortgage adjusted up two points, we had a third child [...] [...] see, we began the year with a negative net worth and during the course of the year our ARM mortgage adjusted up two points, we had a third child [...]

]]> By: Not all personal-finance bloggers are millionaires - Smart Spending http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/comment-page-1/#comment-513 Not all personal-finance bloggers are millionaires - Smart Spending Thu, 03 Jan 2008 16:50:17 +0000 http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/#comment-513 [...] Finance says: "I am worth $2,590. Cash money." Mrs. Micah and her husband are about $110,000 on the minus side, an improvement because they paid [...] [...] Finance says: “I am worth $2,590. Cash money.” Mrs. Micah and her husband are about $110,000 on the minus side, an improvement because they paid [...]

]]> By: rocketc http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/comment-page-1/#comment-502 rocketc Thu, 03 Jan 2008 03:09:26 +0000 http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/#comment-502 @ my dollar plan: our loan is not entirely out of the ordinary. I think that most new car loans are similar - you owe far more than what you could actually sell the car for. That is why they make you buy "gap" insurance - if we total the car, the gap insurance pays for the difference between what you owe on the vehicle and what the ins company will give you for it. It is a vicious cycle. @ my dollar plan: our loan is not entirely out of the ordinary. I think that most new car loans are similar – you owe far more than what you could actually sell the car for. That is why they make you buy “gap” insurance – if we total the car, the gap insurance pays for the difference between what you owe on the vehicle and what the ins company will give you for it.

It is a vicious cycle.

]]> By: My Dollar Plan http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/comment-page-1/#comment-501 My Dollar Plan Thu, 03 Jan 2008 02:50:55 +0000 http://www.rocketfinance.net/2008/01/02/net-worth-for-the-new-year/#comment-501 That car loan, ouch. I'd be interested to hear that story sometime. That car loan, ouch. I’d be interested to hear that story sometime.

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