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	<title>An Engineering Approach to Money</title>
	<link>http://www.silverbeach.com/Money</link>
	<description>Thoughts by an Engineer on How Money Works and How to Make the Most of What You Have</description>
	<pubDate>Wed, 02 May 2007 19:19:08 +0000</pubDate>
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		<title>Reduce Your Liabilities</title>
		<link>http://www.silverbeach.com/Money/archives/37</link>
		<comments>http://www.silverbeach.com/Money/archives/37#comments</comments>
		<pubDate>Wed, 02 May 2007 19:19:08 +0000</pubDate>
		<dc:creator>Kit</dc:creator>
		
	<category>Spending</category>
	<category>Actions</category>
		<guid isPermaLink="false">http://www.silverbeach.com/Money/archives/37</guid>
		<description><![CDATA[One of the best ways to improve your financial position is to reduce or eliminate as many of your financial liabilities as possible.  If you are not a very disciplined person it is easy to spend a bit too much every month by using your credit card, or to purchase something that is a [...]]]></description>
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		<item>
		<title>Second Hand Kids Clothes are Great</title>
		<link>http://www.silverbeach.com/Money/archives/36</link>
		<comments>http://www.silverbeach.com/Money/archives/36#comments</comments>
		<pubDate>Mon, 30 Apr 2007 19:06:39 +0000</pubDate>
		<dc:creator>Kit</dc:creator>
		
	<category>Spending</category>
	<category>Actions</category>
		<guid isPermaLink="false">http://www.silverbeach.com/Money/archives/36</guid>
		<description><![CDATA[My wife and I are pretty frugal people.  We try to find ways to get good stuff as inexpensively as possible.  One of the things we have used extensively over the past several years is to buy second hand kids clothes.  Here in our town there are several stores that sell second [...]]]></description>
		<wfw:commentRSS>http://www.silverbeach.com/Money/archives/36/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>All Liabilities are Not Equal</title>
		<link>http://www.silverbeach.com/Money/archives/35</link>
		<comments>http://www.silverbeach.com/Money/archives/35#comments</comments>
		<pubDate>Fri, 27 Apr 2007 03:29:05 +0000</pubDate>
		<dc:creator>Kit</dc:creator>
		
	<category>Spending</category>
	<category>Theory</category>
	<category>Definitions</category>
		<guid isPermaLink="false">http://www.silverbeach.com/Money/archives/35</guid>
		<description><![CDATA[I know you&#8217;re going to be shocked, but just like the fact than All Assets are Not Equal, the same holds true for liabilities.  A liability is something that you owe.  Most liabilities are loans of one form or another.  I&#8217;m sure you&#8217;ve all heard how bad credit card debt is, this [...]]]></description>
		<wfw:commentRSS>http://www.silverbeach.com/Money/archives/35/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>All Assets are Not Equal</title>
		<link>http://www.silverbeach.com/Money/archives/34</link>
		<comments>http://www.silverbeach.com/Money/archives/34#comments</comments>
		<pubDate>Wed, 25 Apr 2007 22:57:54 +0000</pubDate>
		<dc:creator>Kit</dc:creator>
		
	<category>Theory</category>
	<category>Definitions</category>
		<guid isPermaLink="false">http://www.silverbeach.com/Money/archives/34</guid>
		<description><![CDATA[Earlier we talked about totaling up your assets and your liablities on a regular basis to know your net worth.  At the time I kind of skipped over exactly what is an Asset and what is a Liability.
What is An Asset
So let&#8217;s start with assets.  An asset is anything that you can turn [...]]]></description>
		<wfw:commentRSS>http://www.silverbeach.com/Money/archives/34/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Know Your Net Worth</title>
		<link>http://www.silverbeach.com/Money/archives/33</link>
		<comments>http://www.silverbeach.com/Money/archives/33#comments</comments>
		<pubDate>Tue, 24 Apr 2007 18:57:24 +0000</pubDate>
		<dc:creator>Kit</dc:creator>
		
	<category>Theory</category>
		<guid isPermaLink="false">http://www.silverbeach.com/Money/archives/33</guid>
		<description><![CDATA[It is a good idea for everyone to know their Net Worth.  It&#8217;s easy to calculate, just total up all your assets and all your liabilities.  If you are using a tool like Quicken it will do all the work for you.
After I had been out of College for 3 or 4 years [...]]]></description>
		<wfw:commentRSS>http://www.silverbeach.com/Money/archives/33/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Fund Your Roth IRA Early This Year</title>
		<link>http://www.silverbeach.com/Money/archives/32</link>
		<comments>http://www.silverbeach.com/Money/archives/32#comments</comments>
		<pubDate>Mon, 23 Apr 2007 20:49:12 +0000</pubDate>
		<dc:creator>Kit</dc:creator>
		
	<category>My Set Up</category>
	<category>Retirement Planning</category>
	<category>Taxes</category>
		<guid isPermaLink="false">http://www.silverbeach.com/Money/archives/32</guid>
		<description><![CDATA[Back in early March, I decided to fund our Roth IRAs for 2007.  That&#8217;s right, this was not a late funding for 2006, I already did that back in december, this was early funding for 2007.  By putting the money to work early we allowed it to begin compounding early.  Given how [...]]]></description>
		<wfw:commentRSS>http://www.silverbeach.com/Money/archives/32/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>Tax Time</title>
		<link>http://www.silverbeach.com/Money/archives/31</link>
		<comments>http://www.silverbeach.com/Money/archives/31#comments</comments>
		<pubDate>Sat, 21 Apr 2007 22:06:15 +0000</pubDate>
		<dc:creator>Kit</dc:creator>
		
	<category>Actions</category>
	<category>My Set Up</category>
	<category>Taxes</category>
		<guid isPermaLink="false">http://www.silverbeach.com/Money/archives/31</guid>
		<description><![CDATA[Well, I just got my Tax Refund for 2006 back, just a bit over $2,000 this year.
I generally hate getting a refund that big, it means I planned wrong.  But if you&#8217;re going to plan wrong, I guess it&#8217;s better this way than to owe Uncle a big bunch of money.  Looking back [...]]]></description>
		<wfw:commentRSS>http://www.silverbeach.com/Money/archives/31/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>When to Invest</title>
		<link>http://www.silverbeach.com/Money/archives/30</link>
		<comments>http://www.silverbeach.com/Money/archives/30#comments</comments>
		<pubDate>Thu, 07 Dec 2006 20:00:08 +0000</pubDate>
		<dc:creator>Kit</dc:creator>
		
	<category>Theory</category>
		<guid isPermaLink="false">http://www.silverbeach.com/Money/archives/30</guid>
		<description><![CDATA[For a new investor the task of deciding when to invest can be daunting, but I have a secret for you, you can&#8217;t time the market wrong when you are starting out, no matter which direction the market is moving you&#8217;ll win because of the broad trend upward that the markets always maintain.
But if the [...]]]></description>
		<wfw:commentRSS>http://www.silverbeach.com/Money/archives/30/feed/</wfw:commentRSS>
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		<item>
		<title>Roth IRAs</title>
		<link>http://www.silverbeach.com/Money/archives/28</link>
		<comments>http://www.silverbeach.com/Money/archives/28#comments</comments>
		<pubDate>Tue, 05 Dec 2006 19:14:38 +0000</pubDate>
		<dc:creator>Kit</dc:creator>
		
	<category>Retirement Planning</category>
		<guid isPermaLink="false">http://www.silverbeach.com/Money/archives/28</guid>
		<description><![CDATA[I just sent off checks for my wife and I to contribute to our Roth IRAs for 2006. I&#8217;ve been fully funding our Roth IRAs since they were first introduced about 7 or 8 years ago. For those of you unfamiliar with them they give you no current tax advantage, but the earnings will never [...]]]></description>
		<wfw:commentRSS>http://www.silverbeach.com/Money/archives/28/feed/</wfw:commentRSS>
		</item>
		<item>
		<title>The Magic of Compounding</title>
		<link>http://www.silverbeach.com/Money/archives/27</link>
		<comments>http://www.silverbeach.com/Money/archives/27#comments</comments>
		<pubDate>Fri, 29 Sep 2006 19:45:21 +0000</pubDate>
		<dc:creator>Kit</dc:creator>
		
	<category>Theory</category>
		<guid isPermaLink="false">http://www.silverbeach.com/Money/archives/27</guid>
		<description><![CDATA[Compound interest is the best friend of a young investor, and by young I mean anyone who will be saving for more than about 20 years.  Which is probably everyone under the age of 50.  The ability to earn interest on your interest can over time turn a small amount of money into a large [...]]]></description>
		<wfw:commentRSS>http://www.silverbeach.com/Money/archives/27/feed/</wfw:commentRSS>
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