Comments on: Net Worth At End Of 2006 http://frugalbabe.com/2007/01/03/net-worth-at-end-of-2006/ A rich life without a lot of money Fri, 10 Feb 2012 16:44:00 +0000 hourly 1 By: Frugal Trenches http://frugalbabe.com/2007/01/03/net-worth-at-end-of-2006/#comment-22658 Frugal Trenches Sun, 06 Jul 2008 13:07:53 +0000 http://frugalbabe.com/2007/01/03/net-worth-at-end-of-2006/#comment-22658 Hi -still reading away! I have a question about net worth (totally new concept to me). How can people who are "in debt" beyond their house, have net worth about 0? I'm seeing loads of bloggers with networths above 50K and yet they have debt? Is there a reason they don't apply that money to their debt? Any tips on getting your networth to grow? Do you do stocks and shares? Sorry, so many questions! Hi -still reading away!

I have a question about net worth (totally new concept to me). How can people who are “in debt” beyond their house, have net worth about 0? I’m seeing loads of bloggers with networths above 50K and yet they have debt? Is there a reason they don’t apply that money to their debt?
Any tips on getting your networth to grow? Do you do stocks and shares?
Sorry, so many questions!

]]> By: Frugal Babe » Library Fines - Still Cheaper than Barnes and Noble http://frugalbabe.com/2007/01/03/net-worth-at-end-of-2006/#comment-1101 Frugal Babe » Library Fines - Still Cheaper than Barnes and Noble Tue, 20 Mar 2007 05:29:08 +0000 http://frugalbabe.com/2007/01/03/net-worth-at-end-of-2006/#comment-1101 [...] I really like my library job.  I’m usually happy before, during, and after work.  I love the people I work with, it’s fun and fast-paced, and I love libraries in general.  Most of the people who come into the library are in a good mood - until the dreaded library fine pops up.  I was talking last week with a friend who lives in a small, mountain resort town, and she said that her local library charges $1/day overdue fines for every item - books, magazines, movies… everything is $1/day.  Holy crap!  I bet people in that town are better about returning stuff than our patrons are.  [...] [...] I really like my library job.  I’m usually happy before, during, and after work.  I love the people I work with, it’s fun and fast-paced, and I love libraries in general.  Most of the people who come into the library are in a good mood – until the dreaded library fine pops up.  I was talking last week with a friend who lives in a small, mountain resort town, and she said that her local library charges $1/day overdue fines for every item – books, magazines, movies… everything is $1/day.  Holy crap!  I bet people in that town are better about returning stuff than our patrons are.  [...]

]]> By: Frugal Babe » Benefits!!! http://frugalbabe.com/2007/01/03/net-worth-at-end-of-2006/#comment-494 Frugal Babe » Benefits!!! Thu, 18 Jan 2007 05:20:34 +0000 http://frugalbabe.com/2007/01/03/net-worth-at-end-of-2006/#comment-494 [...] My new job at the library started today.  I had a meeting with human resources to get all my benefit info sorted out.  It’s amazing how excited I got over benefits - I guess I’ve gotten very used to having to make my own benefits (one of the non-perks of self-employment), and getting them from an employer again is pretty damn exciting.  So what do I get?  Well, there’s dental, which we haven’t had since we became self-employed.  They’ll take about $50/month out of my check for that, but it’s better coverage and less expensive than what we could get on our own.  And we get a reimbursement for health coverage, so we’re bumping our health insurance up to an HSA with better coverage than what we have now.  And there’s a 457 retirement plan.  I opted to put 30% of my pre-tax pay into the 457.  That’s a lot, but we’re trying to save all the extra money I’ll make by getting this promotion.  And putting it into a retirement account before I get paid is a good way to make sure we actually do save it.  The promotion is giving me a 45% pay raise, so if we put 30% of the total into the retirement fund, I still end up with just about the same amount in my paycheck, give or take a bit for the dental coverage and health reimbursement. [...] [...] My new job at the library started today.  I had a meeting with human resources to get all my benefit info sorted out.  It’s amazing how excited I got over benefits – I guess I’ve gotten very used to having to make my own benefits (one of the non-perks of self-employment), and getting them from an employer again is pretty damn exciting.  So what do I get?  Well, there’s dental, which we haven’t had since we became self-employed.  They’ll take about $50/month out of my check for that, but it’s better coverage and less expensive than what we could get on our own.  And we get a reimbursement for health coverage, so we’re bumping our health insurance up to an HSA with better coverage than what we have now.  And there’s a 457 retirement plan.  I opted to put 30% of my pre-tax pay into the 457.  That’s a lot, but we’re trying to save all the extra money I’ll make by getting this promotion.  And putting it into a retirement account before I get paid is a good way to make sure we actually do save it.  The promotion is giving me a 45% pay raise, so if we put 30% of the total into the retirement fund, I still end up with just about the same amount in my paycheck, give or take a bit for the dental coverage and health reimbursement. [...]

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