Finance 101

I hope to revisit this topic frequently throughout the blog but we’ll see.  I’ll begin with some weekly tips I have about finance and you’ll quickly wonder how I actually got a finance degree.

Debt is not terrible and is defined as money we owe to someone else.  Like for instance, Chelsea is in debt to me.  She owes me $60 from Foxfields.  Luckily she isn’t being charged interest like car payments or credit card companies do.  Anyway, you do not want debt in things that depreciate in value, instead use debt on things that increase in value.

------Bad things to have debt on:  Credit Cards and Cars

It’s much better to pay off your credit card each month and better to pay for your car in full.

------Good things to have debt on: Real Estate and You

A mortgage is a great financial tool to invest in real estate.  Basically a mortgage is a big loan from a bank with a very low interest rate because the loan is secured by the house.  Real estate allows you to lock in a fixed payment and pay it off over 30 years, the house will have increased in value so you’ll have successfully invested and own something you never could have paid for in a lump sum.  Also the interest of a home mortgage is tax-deductible to encourage home-buying.

And finally you increase in value over time.  After an education, we are worth more, so if you can’t pay for your education in full it makes sense to get debt in yourself.

So avoid debt and the interest payments as much as possible unless it involves a house or higher education.

Things shouted at runners

I had a very clever shout out the other day that sparked this short blog post which runners should enjoy (and post the ones I forgot) and others should take note of.  I added my aside comments in parenthesis to each.

Standard

A wave (perfect and appreciated)

A lone finger acknowledging your presence without letting go of the wheel (I’ll take it)

(Honk Honk) (perfect and appreciated)

Almost there!! (Every race volunteer says this after 10% of the race is done, come on!)

Run Forest Run! (You’re not clever)

Nice thighs! (You’re probably insecure about you’re body but my mine looks great and my white muscular thighs)

Who wears short shorts?! (That’s what she said)

Flirty

Heyy sexyyyy (Always feels good)

Looooooking good (Don’t hate it)

Take it off! (Sorry, felt like a jogger today so I left my shirt on)

Mean

A lone finger that isn’t the pointer while letting go of the wheel (Someone’s in a bad mood)

Put a shirt on! (You just jealous)

Other side of the road (No thanks)

Get off the road! (Where am I suppose to go? Not trying to be fat like you)

Dogs

Arf Arf! (Glad there’s a fence)

RUFF RUFFF!! (Please be an electric fence, please be an electric fence)

Don’t worry he won’t bite. (I’m worried, because that’s what the last one said)

Back! Back! Get back here Rusty! (Dumb dog)

He never acts like this, So sorry. (Heard that one a million times)

Oh he’s just playing with you (I would prefer not to play)

Private property {As two dogs surround the runner about to attack} (Sucks)

Strange

Where’s your hydration? (Where’s your hair?)

Hmm. Who’s chasing you? (Loved it)

So next time you see me running, don’t be a dad and ask where’s your hydration and don’t say run forest run, be creative and clever and maybe I’ll remember it.  Or just honk or wave and that will suffice.

Monday Quote of The Week #?

Do I tithe 10% before or after taxes?

Belated Monday Quote of the Week

Someone's phone just vibrate. Actually that was my butt.

Tip of the day

Call your parents and tell them you love them.