Personal Finance Wire

Opened a Chinese Bank Account | 2million’s Personal Finance Blog | 2millionblog’s Journey to Financial Freedom

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With some help, I finally opened a local bank account in China at China Merchants Bank. I had been avoiding the need to use a local account by using my HSBC Direct Savings Account with HSBC ATM card to pull money out…

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Crossing the Half-Millionaire Mark | 2million’s Personal Finance Blog | 2millionblog’s Journey to Financial Freedom

2millionblog.com17 comments

This month my wife and I crossed the Half-Millionaire mark on our journey to financial freedom. Half-Millionaire has a nice ring to it.

To celebrate my wife and I are staying in tonight, heating up some soup for…

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Financial Incentives for Going Green?

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On June 1st Shenzhen, China (our home for our international assignment) implemented a tax on plastic bags. It now costs 0.3RMB for each plastic bag we get at the store.

Granted its not a lot of money - about $0.04USD…

June 2008 Net Worth Update (-$20,122)

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What a swing - we went from the best net worth gain ever last month to knocking the socks off the worst month ever for us back in January 2005 where my net worth declined -$1,903. Its hard for me to fathom even losing…

Warren Buffet Investing in Wachovia?

2millionblog.com8 comments

I caught wind of a rumor that Warren Buffet is making an investment in Wachovia. It brings a mixed reaction - I started investing when Wachovia fell to $40/share - its now less then $17/share and WB may have started to…