One of my goals this year was to max out my FSA contributions. Even though I had until December to do it, I actually was able to complete this task before the end of June. I allocated $900 towards my account and spent all of it on doctor’s visits, dental work, and prescriptions. At a … Read more
I took the diagnostic exam from the Official Guide for the GMAT, a book written by the GMAC with actual questions from the test. In terms of GMAT preparation, this book is often cited as the bible for practice questions and referred to as “OG 12” in forums. (12 referring to the 12th edition of … Read more
1. “Renting” DVDs from the Library 2. Using RedBox Free DVD Codes 3. Using Digital Coupons with My Safeway Club Card 4. Cooking More Often / Eating Out Less 5. Investing More Time in This Blog Things That Would Be a Waste of Time 1. Peer to Peer Lending 2. Buying Stocks / Timing the … Read more
Most personal finance experts will tell you that, when it comes to your 401K, at the very least, you should invest up to your company’s match. For example, if your company matched the first 6% of your paycheck, you’d set your contribution to 6%. It’s free money to you and comes tax deferred. I have … Read more
A prime number is any integer that can only be divided by itself and 1. The number 1, however, is not a prime number. There are 25 prime numbers between 1 and 100. As it relates to the GMAT, it is recommended that you at least memorize the prime numbers up to 29. 2 3 … Read more
The GMAT is known primarily as a reasoning test where rote memorization won’t necessarily help your score. Despite the lack of “recall” content within the test, there are definitely a number of mathematical expressions worth memorizing. I’m talking primarily about the fractions and percentages you’ll have to deal with on the test. For example, … Read more
The first time I saw a worker rate problem was within the movie “Little Big League.” I don’t really like how it was solved in the movie, but there are definitely some humorous moments in the clip: “If Joe can paint a house in 3 hours and Sam can paint the same house in 5 … Read more
Net Change: $ (1,324.54) Net Cashflow: +$1,966.45 Investment Performance: $ (3,290.99) May 2010 S&P Performance: (8.2%) Food Spend Monthly Change: +$134.85 Dining Out: $ (248.65) Groceries: $ (225.43) Why do I even trust the stock market anymore? This month was very good for me from a cash flow perspective, showing a net of nearly $2,000. … Read more