2million's Personal Finance Blog

My Journey to Financial Freedom

January 1, 2006

Finalizing My 2006 Net Worth Goal - $265,000

Earlier this month I tried to determine what a good net worth goal for 2006 would be, although at the time I didn't know exactly what my net worth would be at the end of the year.I am in the...
Continue reading "Finalizing My 2006 Net Worth Goal - $265,000" »

January 3, 2006

December 2005 Net Worth Update (+$3,539)

Here's my net worth update for December as of 12/31/2005. It marks the end of a great year where I exceeded my goal of a net worth of $205,000.   Nov-05 Dec-05 Change % Cash $ 3,355.59 $ 6,767.92 $...
Continue reading "December 2005 Net Worth Update (+$3,539)" »

January 5, 2006

How Much Money Does a 29yr Old Man Drink Away?

Well I don't exactly have the answer, but going through my 2005 receipts, I decided it would be interesting to try and total the amount I spent on beer. This turns out to be a nearly impossible task due to...
Continue reading "How Much Money Does a 29yr Old Man Drink Away?" »

January 6, 2006

Big Changes Coming in IBM's Retirement Plan

Yesterday, IBM announced a major program change to its retirement plan. It will begin freezing its pension plans 12/31/2007 and move all retirement contributions to its 401k plan.In today's plan I get an automatic 5% pay match to IBM's cash...
Continue reading "Big Changes Coming in IBM's Retirement Plan" »

January 9, 2006

The 401k Gotcha

There is a little gotcha in my 401k plan that I have mentioned before, but have never really emphasized. Since this is the only 401k plan I have ever participated in, I don't know if its common or unique.Typically 401k...
Continue reading "The 401k Gotcha" »

January 10, 2006

Received my Free $10 Amex Gift Card Today

I finally received the $10 Amex gift card I earned by filling out a short survey a couple of months ago. I love "free money"!I would like to keep better track of "free money" I earn so I can see...
Continue reading "Received my Free $10 Amex Gift Card Today" »

January 11, 2006

About 2million

Thanks for checking out 2millionblog.com. If your a first time visitor, please check out the guide to 2millionblog to look around. About Me (Brian a.k.a. 2million):I am a 40 yr old engineering manager @ Lenovo and live in Raleigh, NC....
Continue reading "About 2million" »

January 12, 2006

Gambler's Scorecard for the 2005 Football Season

Some background on my bad habit.Another college football season has come to a close and I can revel in the spoils. I ended up netting $91 in profit from the entire season. I deposited a total of $250 into my...
Continue reading "Gambler's Scorecard for the 2005 Football Season" »

Hunting for the Best Deal on Tax Software

Its about that time of year again and I am in the hunt for a good deal on tax software. I don't care if I use turbotax or taxcut, but I really don't want to pay very much for it....
Continue reading "Hunting for the Best Deal on Tax Software" »

January 13, 2006

Taxcut Deluxe + State, plus $10 Staples giftcard for $18.96

Just got back from Staples and am happy to report I was able to get Taxcut Deluxe + State, plus a $10 Staples giftcard (after Easy Rebate) for $18.96 (plus tax).Here is how I did it:1) Print out Walmart page...
Continue reading "Taxcut Deluxe + State, plus $10 Staples giftcard for $18.96" »

January 20, 2006

Accounting Software for Self Employment Income

This year I expect to begin receiving an insignificant amount of self-employment income from this blog and other activities. I only expect it to be somewhere in the neighborhood of $100-$500 depending on how much time I put into everything....
Continue reading "Accounting Software for Self Employment Income" »

Better Deals on Tax Software

Since I purchased Taxcut Deluxe for a net $8.96, several better deals have surfaced:1) Free Taxcut Standard - my coworkers tell me its just as good as Taxcut Deluxe - just doesn't have as many of the videos I don't...
Continue reading "Better Deals on Tax Software" »

January 21, 2006

Business Week Article on 2millionblog

If you haven't seen it, this week's issue of Business Week (January 30th, The Future of Outsourcing) has a small blurb on 2millionblog.com.It refers to a recent post on how I saved money on a car repair by buying the...
Continue reading "Business Week Article on 2millionblog" »

January 23, 2006

Tallying My 2005 Passive Income

So where am I at with my passive income? After all this is just as important as measuring my net worth, if I can't generate enough income to pay for my living expenses, that I won't be financially free no...
Continue reading "Tallying My 2005 Passive Income" »

January 24, 2006

Starting off the Year on the Wrong Foot

According to a British psychologist, today (January 24th) is the most depressing day of the year. This is due to many factors converging this time of the year - among them is the realization of the debt accumulated from overspending...
Continue reading "Starting off the Year on the Wrong Foot" »

January 25, 2006

A Starting Point for New Visitors

With all the new visitors that have stopped by this blog recently I thought it would be a good idea to revisit some of the basics of this blog.1) Reads this blog's disclaimer.2) This blog is a record of my...
Continue reading "A Starting Point for New Visitors" »

January 27, 2006

2005 Net Worth Review

I have been looking forward to this time of the year, because I can finally put together the full numbers for 2005 and look for good or bad trends and areas I might be able to improve.Let me start with...
Continue reading "2005 Net Worth Review" »

January 30, 2006

My Credit Score Has Been Repaired!

Last year, I discovered my credit score was taking a small beating from taking advantage of several 0% balance transfer credit cards offers. I used these interest free loans to earn interest in higher yield online savings accounts like this...
Continue reading "My Credit Score Has Been Repaired!" »