My Two Dollars

Lost Wallet? What to Do and How to Prevent Identity Theft

Although I’ve never lost my wallet nor had my identity stolen (knock on wood), it has happened to a very good friend of mine. And when it did, her identity was hijacked and was being used within 3 hours of her purse being stolen! Time is of the essence if your wallet or purse goes missing, and there are a few things you should do right away before even worrying about replacing what you may have lost, which I will get to later in the post. So, without further ado…

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organization

By David

Used Car Values – How to Sell Your Car at the Right Price

Just a month ago I completed the sale of my 2008 Subaru Forester. After making payments on it for 2+ years, I decided that I wanted something different, something that I had owned before. So I bought myself a 2007 Mini Cooper S that is still under the factory warranty with just over 40,000 miles on it. I couldn’t be happier with my decision! But I digress – I want to talk about selling my Subaru and the steps I went through in order to discover what it was worth, what I could possibly get for it, and then finally deciding on a buyer.

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automotive

By David

Downsizing To Save Hundreds Per Month & Reduce Needed Income.

Yep, moving again. Granted, this move isn’t as far as my last few – California to New Mexico and then New Mexico to Colorado – but in a week or so I will be moving exactly 1/2 of a block. After much angst and discussion, I decided that I wanted to stay in Colorado for a while but that I also wanted to cut out a big chunk of my expenses, which in turn means I don’t need to bring home as much money as I do currently to pay the bills. So I will be moving from a 2 bedroom/2 bathroom apartment to a 1 bedroom/1 bathroom apartment and going from 1300 square feet to 756 square feet. I have known for a while now that I had way more space than I needed, so this will be a nice move to the “right” size place for me. But even better than that is the amount of cash I will be saving!

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Lifestyle

By David

5 Dangerous Misconceptions People Have About Money.

Few subjects are as distorted by myths, half-truths and falsehoods as money. While most people know enough to get through their lives, Mark Twain described much shoddy thinking about money when he famously said:

“It ain’t so much what we know that gets us into trouble. It’s what we know that just ain’t so.”

There are many reasons for the widespread state of confusion about money, but a major problem is simple lack of education.

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Lifestyle

By David

Taking The Necessary Steps To Be More Financially Responsible.

We all know how important being financially responsible is..you owe it to yourself, your family, and your kids. There is nothing like the feeling of being financially secure; knowing you are going to be OK if the SHTF (and it will!). That is why I have worked so hard to get all of my money working for me and all of my ducks in a row…for the time that “what if” might happen. That all being said, I thought I would assemble a list of what I thought were the most important steps for you to take starting right now so that you can be more financially secure:

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Lifestyle