Meager Income

Pay Off Debt, Retire Comfortably on Meager Income, Win the Lottery, Not Necessarily in that Order

Saving for Retirement 2014

I’ve had a busy few months and now I’m finally getting a chance to think about my finances again.  I’ve decided to increase the amount I’m contributing to my 401k.  This will reduce my taxable income now and defer taxes on the amount I set aside to a future date.  The maximum allowed by the […]

Auspicious Ending to 2011

I finally made it below the 250K mark debt-wise!  Yes!!!  I hope to continue the trend this year but at a slower clip.  Instead, I want to invest more in equities.  Last year, I started keeping track of my returns from my stock holdings.  Now, I’ll be able to compare from one year to the […]

Microsoft Increases Dividend by 25%!

Dividend seeking investors may want to take another look at Microsoft Corp. The stock price has been stuck in a narrow trading range for several years now. However, in an effort to boost the stock price, the board of directors has just announced their decision to increase the quarterly dividend to 20 cents a share. […]

August 2011 is over, yay!

I’ve updated my Meager Income and Total Debt graphs through September 1st.  I’m pleased with my progress toward reducing my debt.  I can’t wait to break through the 255k mark and possibly 250k by January 1st.  My monthly meager income has stayed relatively constant.  I’d did use the dip early in August to buy additional […]

Warren Buffett Says Tax the Super-Rich

The New York Times published an op-ed written by Warren Buffett titled: “Stop Coddling the Super-Rich” today.  I’m sure if you are reading a personal finance blog you’ve already read what he had to say. I haven’t personally seen his 1040 but i’ve read before that his salary as Chairman and CEO of Berkshire Hathaway […]

Another Dividend Growth Proponent

Last month, I wrote a post on starting a dividend growth portfolio.  I came across another writer who also advocates in favor of investing in growing dividends.  You can find his article here.   He focuses in on two Vanguard funds (Vanguard Dividend Growth fund (VDIGX) and Vanguard Dividend Appreciation ETF (VIG).  Interestingly enough, he mentions […]

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