Control Your Cash Book Review And Giveaway

A perfect personal finance manual

About the book

Control Your Cash is a great personal finance book written by Yakezie Member Greg McFarlane and Betty Kincaid. The book covers a range of personal finance topics – bank accounts, credit cards, credit score, investing, securities, buying a car, buying a home, budgeting, taxes and entrepreneurship.

What I liked about it

Almost everything. These are some of the points that stand out. Read More

Yakezie Member Post – Well Heeled Blog

by in Personal Finance on Nov 4th, 2010

The first incarnation of Well Heeled Blog was as a lifestyle, fashion, and decor blog. I still love all three of those topics, but I quickly realized that as a broke college student, I couldn’t very well afford those lovely $300 Anthropologie frocks or $500 Louis Ghost chairs.

Then I started reading personal finance blogs, and my life changed forever. Read More

Yakezie Member Post – My Personal Finance Journey

So, I know what you all are thinking. Why would someone assign a name to a site that is composed of 4 words, 3 spaces, and 24 letters?

Without giving away the answer quite yet, I will simply say that I am very grateful for and do not hesitate to apply liberal use of the “copy-paste” feature on computers! But, I am getting ahead of myself. It’s not time for self-directed insults to begin flying just yet.

My name is Jacob (guy in the picture to the right), creator and author of My Personal Finance Journey. I am 25 years old, and just started a Chemical Engineering PhD program this fall after working for a publicly traded pharmaceutical company for 2 years. Read More

Yakezie Member Post – Smart On Money

by in Personal Finance on Oct 28th, 2010

Mr. Money Smarts here from Smart On Money Personal Finance Blog.  Thanks for allowing me this space to share a little bit about myself, talk about my blog and blogging goals, and to share my experience in the mighty Yakezie. 

My Background

I’m a 34 year old midwestern father of one little boy (born a month after I launched my site!), and husband to 1 beautiful wife of 8 years (With the popularity of that show “Sister Wives”, I thought I should mention I have only 1 wife).  I’m a graduate of the University of Minnesota, and my day job is working in the IT department at a local advertising agency that specializes in working with automotive clients and big dealer groups.  It’s a good place to work, and I’ve been there for almost 10 years now. Read More

Yakezie Member Post – Car Negotiation Coach

Who’s the Coach?

Hi, I’m Geoff and I’m the Car Negotiation Coach.  A few fun facts about me:

  • I’m the new father of an adorable baby girl.  And she just learned how to smile and giggle!  There is just nothing sweeter than a big grin when she first wakes up and sees you. BTW- I’m very interested in fellow Yakezie posts on college savings.  If there are any must-read articles, please send my way.
  • I consider myself frugal, but not cheap.  I rarely buy things for myself and I’m somewhat of a minimalist.  I don’t sweat spending on the small stuff because life is too short to suffer through cheap toilet paper, cold showers, and a hot house (I love blasting the air conditioning!). But when it comes to big tickets items (anything over $100), I always do a lot of research, get competitive prices, and go the extra mile to get the best possible deal.  This goes for a mortgage, health care, a car, TV, utilities, cell phone, airfares, you name it.
  • I’m part of a generation born in the seventies that hasn’t yet seen a light at the end of the financial tunnel.  I took all the right fiscal steps after college (or so I was told, but now I question a lot of the standard advice).  I socked away every spare dime in a diversified portfolio and contributed as much as possible to 401ks and Roth IRAs. Along with everyone else, I suffered low returns and then watched as 40% of my portfolio was wiped out when the economy tanked.  I’m now playing catch-up to get my retirement back on track.
  • Last year I won a $10k seat and played in the World Series of Poker Main Event.  I lasted about 3 days, just shy of cashing.  Aside from getting married and having a baby, this was the best experience of my life.  Some people question the expense, but if I win another seat I’ll do it again in a heartbeat.  If you’re a baseball fan, picture going to spring Fantasy Camp but with a chance to win 10 million bucks.  I had so much fun and it was worth every penny.  In fact, if I could’ve taken some of the loss from my portfolio and played big poker events for a few years instead, I’d probably have made a decent return on my money. Read More

Yakezie Member Post- Mrs. Money at Ultimate Money Blog

by in Personal Finance on Oct 26th, 2010

Hi! I’m Mrs. Money from Ultimate Money Blog. I started my blog in January 2008 as a way to share my money saving and green living ideas.  I firmly believe that when you try to save money, living green goes hand in hand.

Getting in (and out of) debt

I had never had any consumer debt until my husband decided he wanted to attend culinary school. Our gross annual income when he decided he wanted to go back to school was around $34,000 and needless to say, the student loans we took out totaled more than that at over $36,000.  Luckily, we continued to live frugally and paid off that debt in three years. Read More

Yakezie Member Post – Frugal Confessions

From Shoveling Manure to Joining the Yakezie Network

by in Personal Finance on Oct 22nd, 2010

There’s a lot you can learn about yourself, your ambitions, and life in general while shoveling manure. And I shoveled a lot of it while growing up on a dairy farm in the rolling hills of Lancaster, PA. From the time I could walk I was out in the barn helping my father and siblings with the cows. Our whole lives revolved around the twice-per-day milkings, the yearly harvests, the milk check, and… a whole lot of manure. Being a farmer was hard work, there was a social stigma involved, and while food was always on the table, there was not a lot of extra cash to go around. But the experience was invaluable.

My Frugal Roots Read More

Yakezie Member Post: Early Retirement Extreme

by
81[?]
in Personal Finance on Oct 21st, 2010

My name is Jacob. I am 35, financially independent and extremely early retired. I have been retired for almost two years now thanks to what can be considered a crash savings program. When I was working as an academic researcher, I was saving over 75% of my income. This was mainly due to me being so engaged in my work that I never developed a taste for consumerism, fine dining, and other bling-bling. I was also moving around in the world relocating to a new country every 3–4 years, so I never got bogged down with mortgage payments, credit loan, cars, and other financial traps. Read More

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