Comments on Feminist Finance: What If I'd Taken All The Bad Money Advice I've Be...

This is slightly OT, but I've been cruising around...

2009-09-23T12:13:50.179-05:00

This is slightly OT, but I've been cruising around your archives looking for a post on merging (or not) finances when marrying, and I can't find one that addresses that issue specifically. I'd be interested to hear your take and I betcha there's no conflict with the stipulations of your new job...

For the record: got married last weekend; we're both employed; no debts between us except the mortgage (his) and dwindling student loan (mine); so far all our accounts are separate.

Nice finance tip..

2009-09-15T20:51:06.791-05:00

Nice finance tip..

I recently came across your blog and have been rea...

2009-09-15T02:07:54.104-05:00

I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Susan

http://pay-dayadvance.net

I work in finance...part time these days...and I a...

2009-09-12T17:09:59.159-05:00

I work in finance...part time these days...and I agree with all your decisions. I am one of the few people who will tell my clients the truth, even though that means I won't get their business in some things. I only recommend TERM insurance (which btw is really term insurance, not someone's idea of spin doctoring another type of cash value insurance similar to that whole life crap you mentioned) and fixed rate and term mortgages. The unsubsidized school loans are only a good idea if you absolutely need additional resources, because at least they're low interest rate loans and the interest is tax deductible. I also recommend at least putting in enough money in your 401k to get the maximum match. However, after that, I do recommend a Roth IRA (funded with a customized portfolio of mutual funds based on current age and estimated time of retirement as well as how much tolerance a client has for market volatility) if a client qualifies for one. I have one client who is funding her Roth IRA with a money market because she's actually past retirement age, but still working These days I get paid nothing to provide that service. It's just the right thing to do.

Responding to LH - that pf writer's advice is bad ...

2009-09-10T17:16:49.490-05:00

Responding to LH - that pf writer's advice is bad *now*, and is a good example of why we don't take advice at face value.

I have a friend who (some time ago) did some research and was convinced she'd found a very smart stock purchase, and used student loan money to do it. She was right, it worked out well and she made the first of many killings. But it all goes back to doing your own work and being prepared to deal with the consequences.

It's also a good lesson in knowing your risk tolerance - I'm way more conservative and wouldn't have done it. I will also probably never earn what she does, but my situation works for me.

Nice post. I like to refer to this sort of less-t...

2009-09-10T14:01:52.010-05:00

Nice post. I like to refer to this sort of less-than-helpful advice as Fresh! Manly! Wisdom!

heck yes! glad to hear the "dudes who are certain...

2009-09-10T07:34:59.676-05:00

heck yes!

glad to hear the "dudes who are certain they are experts, but clearly have no clue what they are talking about" called out. keep it comin'

(ps, I actually read an article from a "pf" dude a few years ago saying you were foolish to return extra student loan money when you could invest it in the stock market. wow. what horrible advice....)

Great post! I've learned something new today: subs...

2009-09-10T01:56:34.003-05:00

Great post! I've learned something new today: subsidized vs. unsubsidized loans. I'll be keeping that in mind when student loan time comes around in a few years. Thanks!