One of the most common ideas expressed in personal finance books is distinguishing between three different kinds of income:
Active income is earned through your active effort - in other words, the money you make from your job. Your paycheck is active income. Income from any side businesses you have is active income. [...]
Archive for March 10th, 2009
Spring Break Vacation Money Savers
Spring break vacations are always something to look forward to after the long dark winter months. Spring break for college students is already beginning, and spring break for public secondary and elementary schools will begin in the next few weeks.
When I was a college student in Florida, we took full advantage of the beaches [...]
My Weekly Personal Finance Routine
Almost as soon as my review of Susan Feitelberg’s The Net Worth Workout was posted, several readers wrote to me with great interest about my own weekly personal finance routine. One came from Alex:
How exactly do you fill an hour and a half each week working on your personal finances? I only need [...]
Paying for Medical Bills - Asking the M-Network
This article is part of the Ask the M-Network series. Bobbi submitted a question and asked:
I have a medical bill that I want to negotiate down and just pay a lump sum. I do not think they did the testing they billed me for and the billing clerk said they did it because they have [...]