The following post is a guest contribution. If you’d like to write for My Money Design, please feel free to contact me. So you've finally made it! You've worked and sweat, and you and your family are finally ready to purchase the house of your dreams. Building a new home can be a fun and exhilarating experience! But all the steps to building a house can also be a stressful process if they are done incorrectly. … [Read more...] about Steps to Building a House You Can Love
Niche Website Update 7 – Site Number 2 Launched!
If you’ve noticed a slow down on the posting frequency here at My Money Design, first let me apologize. I don’t value my readers any less. No, instead something big has been happening behind the scenes. I gave myself a deadline of the end of June to launch my next niche website. And you know what? I did it! … [Read more...] about Niche Website Update 7 – Site Number 2 Launched!
How the Lower Taxes From a Long Term Capital Gain Can Work Into Your Early Retirement Plan
You know what I love about blogging? It’s that you learn about important things that you probably weren’t going to go searching for on your own. That’s exactly what Matt from Mom and Dad Money did for me when he wrote an epic guest post for My Money Design about two weeks ago. Even though there were a lot of great points buried within the text, one of the things I took away from it personally was the mention about how a long term capital gain (much like your dividend income) is taxed at a lower and more favorable rate than your ordinary income. Taxes? Time to Stop Reading This Post … Wait! Don’t leave. I promise not to bore you too much with a bunch of technical jargon. … [Read more...] about How the Lower Taxes From a Long Term Capital Gain Can Work Into Your Early Retirement Plan
Want Some Financial Motivation? Get Off Your Computer and Go Outside!
Stop reading this. In fact don’t read anything else. Reading these blog posts won’t give you financial motivation. You know what will? Going outside. The Simple Things Will Provide True Financial Motivation: Today is going to be a beautiful day outside. The sun will be out, the temperature will be right, and there will be a beautiful stillness just over the trees in the distance. Just for a little while forget about your problems, forget about work, and forget about making more money. Dwelling on those things isn’t what’s going to motivate you. Dwell on them for too long and they will simply control you. Instead, go outside and connect with the rest of the world. Laugh and have some fun. Take your kids to the park, go for a … [Read more...] about Want Some Financial Motivation? Get Off Your Computer and Go Outside!
Understanding the PE Ratio Formula and Why It’s Such a Popular Stock Metric
If there’s one stock evaluation metric that people love to throw around, it’s definitely the old staple: the PE ratio. Just open up any money magazine or financial article, and this will usually be one of the first values that they highlight. But even though there’s really not much to the PE ratio formula, its importance is warranted because it can reveal a lot about the company and investors belief about its future. … [Read more...] about Understanding the PE Ratio Formula and Why It’s Such a Popular Stock Metric
My Post Retirement Ideas for When I Become Financially Free
We spend an awful lot of time on My Money Design talking about not only how to successfully plan for retirement, but even some strategies for how to get there as early as possible. Why? Because I think that financial freedom and the ability for you to choose what you do with your time are some of the most gratifying things you can accomplish in your lifetime. The big question then is: What is it that I want to do with all this time once I finally have it? - That’s a very good question, and not one to take lightly. Having some post retirement ideas and goals for what you’ll do with yourself is just as important as the planning it took to get you there. … [Read more...] about My Post Retirement Ideas for When I Become Financially Free
Why Total Return Investing Is Better Than a Dividend Strategy
The following is a guest post from Matt Becker, founder of Mom and Dad Money. Matt is a proud father and husband, and his site is dedicated to helping new parents build financial security for their family. Although Matt and I have somewhat different personal opinions in regards to dividend strategies, I thought it might be fun to invite him to take the stage and share his perspective on why he thinks Total Return Investing would be better. I've always maintained the message on My Money Design that there is more than one way to reach financial freedom. If you can keep an open mind and not reject something just because it is different than what you use, then maybe you might just learn something. Go ahead Matt .... If you have … [Read more...] about Why Total Return Investing Is Better Than a Dividend Strategy
Happy Wedding Anniversary, Father’s Day, and Favorite Posts
What a weekend this will be! First of all, congratulations to my wife for putting up with me for 11 years. Today is our anniversary! I’m very humbled to say that everything I wrote about our love for each other in last year’s 10 year wedding anniversary tribute post is still just as fresh as ever. Unfortunately timing was bad this weekend. So we celebrated last weekend with a date night last, and will be taking a short weekend trip coming up soon in July. … [Read more...] about Happy Wedding Anniversary, Father’s Day, and Favorite Posts
