Life is full of decisions. As you come to them – you make them, the best you can, with what you know and have at the time. Some of them turn out to be gems, others are more like dog poop. Looking back over my adult life from the ripe old age of 63, highlighted some of my and my spouses finest financial moments in bold relief. Some other day, we’ll talk about the dog poop side of things!
Monthly Archives: January 2012
Tips for Traveling Without Your Spouse
Discussions on how couples feel about travel should be required premarital counseling!
Some folks love to travel and feel it is educational, fulfilling and worth the time and money. Other folks think it is a useless expense that interferes with routine and puts a person at risk. If these two types of folks marry or build long term relationships, they may be in for disagreements, anger and resentment.
When a you marry, you carry untold assumptions that your new partner will behave in a manner similar to the way you were raised. If you were raised in a family that considered travel pleasurable and important, and your family traveled each and every year, then you naturally assume that your new partner will enjoy travel and want to do it. Wrong! Not necessarily so!
So, if you are in a relationship and your partner doesn’t want to travel, are you doomed to stay-at-homeness? Not necessarily. Here are some tips to consider (based on personal experience only) for traveling without your spouse.
Yakezie Blog Swap # 16 How to Raise a Millionaire – Developing Your Child’s Entrepreneurial Aptitude
Hello and welcome to the 16th Yakezie blogger network blog swap! This time my fellow bloggers wrote about how to raise a millionaire – developing your child’s entrepreneurial aptitude.
Grab a cup of Joe, settle in and learn how to teach your child to earn a million!
FamilyMoneyValues Around the Web
Family Money Values wishes to thank all of the blogs and carnivals who have put up our articles and included us in round ups and carnivals for the past few weeks. Please let us know if we’ve forgotten you in the below list!
Checkout our list of all the contests and giveaways being posted on Yakezie blogs. You probably have a pretty good chance of winning something in these – so have a look and try your luck!
Giveaways
Cash Flow Mantra is giving away $150 in 3 different prizes. Enter by 1/25/12.
My Personal Finance Journey is giving away $100 in 2 prizes. Enter by 1/31/12.
Super Frugalette is giving away a $50 Amazon gift card. Enter by 1/31/12.
The College Investor has a contest going to giveaway $300 to their biggest fan. Enter by 1/31/12.
Money Spruce is giving away 2 cash prizes ($100 and $50) to a couple readers as well as a couple books and $50 to charity. Enter by 1/20/12.
Roundups & Carnivals
Family Money Values was included in the below round-ups or carnivals this week. Thanks!
Yakezie Carnival – hosted by Miss T at Prairie Eco Thrifter.
Canadian Finance Carnival – hosted by Tom at Canadian Finance Blog.
Totally Money Blog Carnival – hosted by us at Family Money Values.
Real Estate Investing Resources – More Real World Experience
Are you considering an investment in a rental property? If so, one of the considerations is whether or not you can be and want to be a landlord. Of course everyone’s temperament, experience and desires are different, but it helps to read about what other people have experienced as landlords as part of your research and preparation to be one yourself, and we will do that here.
In a prior post Real Estate Investing Resources – Real World Experience I gave you some of the articles from a network of financial bloggers (Yakezie) that spoke to the investment and potential income aspects of various types of real estate investing. In that post, I promised to next cover buying and selling experiences. Before we get to that, however, I think it is very important to consider whether you are cut out to be a landlord!
Book mark this post so you can refer back to it as you plan your own real estate empire.
Below are posts from actual everyday landlords that contain information about property management and managers, problems that landlords experience and how to avoid those.
US Government Plans to Create Potter’s Field
CNN is reporting that the Treasury Department, Federal Reserve, HUD, FDIC, Fannie Mae and Freddie Mac, with their conservator, the Federal Housing Finance Agency (FHFA) are cooking up a pilot program to to sell foreclosed properties owned by Fannie May and Freddie Mac to investors IN BULK.
Investors might be required to build systems to allow management of thousands of properties – which they would then theoretically rent out. Large, qualified investors and investment firms (you know, like the ones that put us under in 2008) would be likely to participate.
According to CNBC ”a number of institutional investors have shown appetite and interest in bulk REO deals, according to officials, but the plan has to incorporate ways to help facilitate financing. That has been one of the biggest roadblocks to deals already in the works between hedge funds and the major banks.” The bold emphasis is mine.