When deciding how to invest your money, consider both offense (investment earnings – dollars going into your pocket) and defense (dollars going out of your pocket – spending & expenses).
The key here is to look at the defensive side and eliminate a hefty expense.
Let’s say you have a checking account with a $6 monthly fee if your balance falls below $1,000. $6 per month multiplied by 12 months is $72 in annual fees that you pay with after-tax dollars. Simply keep $1,000 in your checking account at all times to avoid this fee and you will enjoy a guaranteed 7.2% after-tax rate of return.
Wow – that’s so easy even a lowly author of a book such as “The It’s All Right Here Life & Affairs Organizer” can understand it.
4 responses so far ↓
1 Mike Harmon // Oct 8, 2008 at 6:37 am
Where did you get your blog layout from? I’d like to get one like it for my blog.
2 admin // Oct 8, 2008 at 6:51 am
Hello Mike.
The theme is “Cutline 3-Column Split theme” for WordPress (link: http://cutline.tubetorial.com/ ). It’s free and so far quite easy to use.
Good luck.
-Mark
3 Allen Taylor // Oct 8, 2008 at 7:00 am
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
4 admin // Feb 13, 2009 at 5:45 pm
Hi Mike. Here’s a link to another theme called “Thesis” which is very clean and sharp-looking:
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