Introducing “24 Days to Better Finances”

This is the introductory post to a new “marathon of personal finance” that AllThingsFinancial is going to host over the next 24 days. I got this idea from a series called Money 101 produced by Money magazine. I got to thinking that this would be a great series to run on this blog. However, what is going to be different about this series is that I have enlisted the help of my fellow blogger friends.

Over the next 24 days beginning Thursday, I will post about a different personal finance topic. I will include links to posts from other bloggers that are appropriate for that topic. The response has been terrific. Over the next 24 days we will discuss a wide range of personal finance topics. You won’t want to miss it.


NOTE TO BLOGGERS: I tried to include everyone. If for some reason you weren’t included, it wasn’t intentional. Please send me an email and I will be happy to send you the list of topics and you can then send me the links.


I don’t usually talk about individual stocks. Today I will make an exception. Google announced their fourth quarter earnings results this afternoon. Although the results weren’t necessarily bad, they weren’t up to analysts’ expectations. In after-hours trading the stock is getting hammered, down nearly $69 per share at this writing. All I can say is that IT’S ABOUT TIME! There was no way Google could continue on its rampage.

It will be interesting to see what happens next. Oh, and NO, I don’t own any Google stock.

Roth v. 401(k)

This question was asked in the comments section for my post Calculating the True Costs of 401(k) Contributions:

I think this is likely a dumb question but I need it answered once and for all! My company doesn’t match 401(k) contributions (they contribute $25 per pay period regardless). So shouldn’t I fully fund a Roth IRA before contributing any money into my 401(k)? It’s better to having money grow for 30 years than get the pre-tax benefit and then have the growth taxed at the end, right? I’m 37, btw. – hickory

Here’s my response:
Continue reading Roth v. 401(k)