Odnal - Building wealth, bit by bit

Archive for February, 2008

09 Feb

Analyzing Our Health Insurance Situation

I changed jobs a few months ago, which started me searching for new health insurance options. My new employer’s plan wasn’t very good, so I headed over to eHealthInsurance.com to search for the best deal. I found a pretty good deal on a low-premium, high deductible plan that is HSA compatible for […]

09 Feb

eBay Raising Seller Fees Again

eBay is increasing their fees again effective February 20th.  They are touting it as ‘We listened to our sellers and lowered listing fees’, but they more than make up for the difference by increasing the Final Value Fee as well.   Insertion fees went down 5 to 40 cents, depending on your starting price, and […]

08 Feb

I Earned a Free $268.75 From LendingClub

I just got an email confirming my bonus amount from the LendingClub thank-you bonus:
I am writing to let you know that you have qualified for the Lending Club 5% Thank You Bonus. You lent over $5000 during the qualification period, and ended up lending $5,375.00, earning you a 5% bonus of $268.75.
Your lender account will […]

08 Feb

At Least it Looks Like I’m Making Money On Prosper

I’ve been investing a little money each month in Prosper for almost a year now. Each month they send a statement detailing the account balance.  I calculate the different between the current month and the previous month to determine how much interest to add to my account in Quicken.  Of course, the […]

07 Feb

The Rule Of 72

This is a handy ‘rule’ that I learned a long time ago and often comes in handy. The rule of 72 refers to a simplified way to estimate the amount of time that money invested at a given interest rate will take to double in value. Simply divide 72 by the interest […]

05 Feb

Estimating 2008 Taxes And Making Sure that I’m Withholding the Correct Amount

I just got (mostly) through doing my 2007 taxes, and figured it would be a good time to take a look at my estimated 2008 taxes to make sure that I’m having appropriate amounts withheld from my paychecks.  Since I have the 1040 fresh in my mind, it is pretty easy to estimate what I’ll […]

05 Feb

Credit Card Rebate is a Welcome Bonus

I’ve heard good arguments for getting rid of credit cards completely and never using them again. But one of the things that I do like about them (in addition to the convenience) is the cash back programs that are offered by most companies now.
Some cards offer up to 5% off on certain types […]

05 Feb

PayPal Money Market Fund is Confused

I have two accounts with PayPal, each with a sizable balance.  I keep a large part of my savings there because PayPal’s Money Market fund is completely liquid (I have a debit card for it), and it earns a higher interest rate higher than any ‘high yield’ savings accounts that I’ve ever seen. […]

04 Feb

Its Tax Time Again

I’m glad that I’m not the only one who enjoys doing taxes. I know most people dread getting them done, and seriously stress out over it.  I actually enjoy filling out the forms manually and trying to see how all of the forms interrelate. I’ve tried some tax programs a couple times […]

04 Feb

LendingClub Bonus Should End Up At About 7.3%

The Lending Club Thank-You bonus ended yesterday. I deposited an initial $5,000 and created two low-risk portfolios on Friday. After considering how I believe the bonus is calculated, it should turn out pretty well for me. Its a little unclear exactly how the bonus is calculated, so I emailed them […]

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