Sept 2009 Net Worth Update (+2.78%) – Pension Buy Back Edition

Welcome to the Million Dollar Journey Sept 2009 Net Worth Update – The Pension Buy Back Edition. As I’ve mentioned in passing before, my wife has a defined benefit pension plan that she contributes to through her work with the government.  As she was on maternity leave last year, her work recently gave her the…

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What’s Important About Money to You?

“It ain’t the heat; it’s the humility.”– Yogi Berra It’s not about the money. What is your real inner motivation for how you handle money – how do you spend it, and how and why do you save it? Having talked to thousands of people about their money, we have found that money is very…

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How to Convert a Principal Residence into Rental Property?

A real estate situation that I hear about often are people considering keeping their first home as a rental while moving onto their second personal residence.  The upside is obvious, if they do it right,  they get to keep an appreciating property along with the potential extra cash flow that rent brings in. The Basics…

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