No Debt Plan

How to Appreciate a Great Boss or Peers at Work

Kevin — Thu, 23 May 2013 11:30:21 +0000

This week I got some devastating news: my boss over our operation in my city has been asked by the company to move to a different city to help turn that office around. He has been in our office for 9 years, which in my company is simply unheard of. Usually you run an office [...]

How to Appreciate a Great Boss or Peers at Work is a post from No Debt Plan

My (Mostly) Positive Experience Using Etsy to Outfit a Nursery

Kevin — Thu, 09 May 2013 11:30:10 +0000

My wife and I are expecting our first sometime in July. As such we have been outfitting a nursery with all the typical items you expect: a crib, changing table, a dresser… the list goes on and on. As I mentioned previously, I like the concept of Etsy for the unique items you can get [...]

My (Mostly) Positive Experience Using Etsy to Outfit a Nursery is a post from No Debt Plan

The Pros and Cons of Buying on Etsy

Kevin — Sun, 05 May 2013 11:30:58 +0000

In the old economy if you wanted to start a business you needed retail space, inventory, and lots of overhead to get started. In the new internet economy just about anyone can start a business with a website and producing their products on demand. Even better, you don’t even need a website. You can sell [...]

The Pros and Cons of Buying on Etsy is a post from No Debt Plan

Minimizing Expenses and Maximizing Returns with ETFs Inside a Roth IRA

Kevin — Tue, 30 Apr 2013 11:30:14 +0000

Over the last few points we’ve been discussing whether or not ETFs make sense inside of a Roth IRA. We’ve discovered that if you trade often the trading commissions will eat you alive; you’d be much better off sending your money off to low expense ratio mutual funds. Here’s what we’ve discussed thus far: Does [...]

Minimizing Expenses and Maximizing Returns with ETFs Inside a Roth IRA is a post from No Debt Plan

Calculating the Break-Even Point of ETFs Over Mutual Funds

Kevin — Sun, 28 Apr 2013 11:30:01 +0000

In my previous post I asked if using a dollar cost averaging investing method ruined the appeal of ETFs. If you are trying to build out a diverse portfolio — that is, more than 1 or 2 mutual funds — then I do think ETFs have limited use simply due to trading costs. A brief [...]

Calculating the Break-Even Point of ETFs Over Mutual Funds is a post from No Debt Plan

Does Dollar Cost Averaging Ruin the Appeal of ETFs?

Kevin — Sun, 21 Apr 2013 11:30:39 +0000

In my previous post I told you about contemplating switching from mutual funds with Vanguard to exchange traded funds (or ETFs) with equivalent index ties. In the portfolio I crafted as an example, I showed that the switch would drop my expense ratios down from 0.18% to 0.0845%. This savings of 0.0955% on every dollar [...]

Does Dollar Cost Averaging Ruin the Appeal of ETFs? is a post from No Debt Plan

Should I Invest with ETFs or Mutual Funds?

Kevin — Wed, 17 Apr 2013 11:30:19 +0000

Should you invest with index mutual funds or index exchanged traded funds? This question has plagued me for quite some time. When I first opened Roth IRAs for my wife and I the main concern I had was to build up the habit of investing for our retirement rather than really focusing on costs. When [...]

Should I Invest with ETFs or Mutual Funds? is a post from No Debt Plan

Another Reason I Love Credit Cards So Much: Extended Warranties

Kevin — Thu, 11 Apr 2013 10:44:41 +0000

I was cautiously introduced to proper credit card use when I was a teenager. It was like my parents finally agreed to let me very carefully grab the beaker of dangerous chemicals off the counter with some tongs, complete with their supervision so I wouldn’t drop it and burn down the house. Over the years [...]

Another Reason I Love Credit Cards So Much: Extended Warranties is a post from No Debt Plan

When Is It Savvy to Chase Higher Interest Rates for Your Deposits

Kevin — Tue, 02 Apr 2013 11:30:28 +0000

In my last post we talked about the pros and cons to having multiple bank accounts. But not everyone should have multiple bank accounts. Sometimes the juice isn’t worth the squeeze; keeping your financial life simple can allow you to focus on more profitable activities. Yet for some, chasing higher deposit rates and opening a [...]

When Is It Savvy to Chase Higher Interest Rates for Your Deposits is a post from No Debt Plan

The Pros and Cons of Having Multiple Bank Accounts

Kevin — Wed, 27 Mar 2013 20:45:13 +0000

Two questions for you today. Do you want your life to be simple or complicated? Do you want more interest on your deposits or less? If you are like me you feel busy all of the time so the less complicated life can be, the better. On the flip side, who wouldn’t want more interest [...]

The Pros and Cons of Having Multiple Bank Accounts is a post from No Debt Plan