What’s the biggest steak you’ve ever eaten? I just ate a huge steak earlier tonight. Leaving the restaurant I began wondering what the biggest steak in the world was. I’ve heard of the Big Texan from Amarillo, TX, the 72 ounce steak that you get for free if you can eat it in a certain amount of time. But I wondered if there is something bigger out there. There is. You can actually get a 76 ounce steak from J and R’s Steak House in New York State. This thing is a beast. Then there is this unbelievably ridiculous 205 ounce monster from AJ’s steakhouse in Grinnell, IA. I can’t imagine trying to take that down. If this made you hungry for steak you should try out my steak in the oven recipe. Surprisingly good.
Here’s some interesting blog posts from last week for you to “chew” on:
Leveraging Your 401K and Roth IRA for Retirement Savings – I love this approach and advocate it strongly for anyone with access to a 401K. If you don’t have a 401K, then use a Traditional IRA and Roth IRA to achieve similar results. Just make sure you stay within the annual limits (currently $5,000).
Will You Pay for Your Kids to Go to College? – I have a small 529 Plan started for little Miss PT. But we don’t yet contribute to it automatically. Something I’m hoping to be able to do in the future, even if it’s just a small amount. But overall, I think kids should take on the responsibility of college expenses. Not the parent.
How the Expiring Bush Tax Cuts Could Affect You – If the Bush era tax cuts are allowed to expire, then most everyone, in every tax bracket will be affected. This post breaks down what the possible scenarios will be for you.
What it’s Like in the Third Stage of Personal Finance – This is a great post from J.D. at Get Rich Slowly who recently graduated to the 3rd stage of personal finance: no debt and earnings that exceed his retirement maximums. Click over to see what he’s doing with all his extra time and cash.
Why Should I Invest in Bonds? – Bonds aren’t as sexy a financial product as stocks and truthfully I don’t know much about them. But I do know that they should likely play a part in your retirement portfolio. So it’s key to understand them and know why you should use them.
Think You Could Live on a House Boat? – I think I’d enjoy the experience for a while. Maybe own one on the side. But I need a yard, don’t you?
Carnivals: Personal Finance.