Living for today - Planning for Tomorrow
It’s obviously not a secret. Everyone loves to spend money. The desire to acquire new things is so programmed in to our minds that it’s almost primal. Just go next door, or visit a relative, or simply go to the mall and “people watch”. Everywhere you look, people are either spending money, or thinking about spending money to buy things that they might need, although most
Flexo over at Consumerism Commentary has a post about an 86 year old man who was doing some banking at a Bank Of America. The teller noticed that he had a high account balance (good for him) and recommended he talk to one of their investment advisers. Long story short, the man ended up being sold a variable annuity. He has to live until 2010
This is a great article about those fraudelent emails we’ve all gotten asking for account information so that someone can transfer us millions of dollars. All we need to do is send some money to them to cover the cost of transferring the money and we’ll be rich. Yeah right. There is a whole organization out there called 419eater.com. The numbers 419 are used to represent
Everywhere I look I see opportunities to spend money. Some of them are tempting, but many others are not. Certainly we all have needs and wants. Recognizing how the “wants” can hurt you financially is a huge step in the right direction. Here are my top 10 ways to waste your money and after those 10, we’ll look at what you could have done with
I just read about a roadshow that teaches kids the basics about money. I suppose it’s a start. My preference would be to have a full curriculum in our schools to teach younger kids about personal finance. Since we don’t have that, I guess we have to be glad that at least someone is making an attempt to teach our children about money. This program is
I guess it’s a sign that it’s getting harder for the banks and mortgage companies to find someone to loan money to. I continue to get more letters from various lenders telling me that I am qualified to either refinance my home mortgage with them or take equity out of my home. The latest is from my actual mortgage company. The top of the page
If you’ve been waiting to find someone to invite you to try out JOOST, the wait is over. You can now invite yourself here: https://joost.com/presents/gigaom-newteevee/ Joost lets you watch various TV programs over the internet and is supposedly the next big thing! I’ll be trying it out and will review it here on this blog.
I have absolutely the best luck in the whole world. Not too long ago, I was sent an email from Peter Boltton. He claimed that his boss died in a terrible plane crash and he needed help getting the money that his boss left behind. He wanted to list me as his next of kin and I could share in all the money that he
You look in the couch cushion for a down payment Anything at your workplace is deep fried You know any bill collector on a first name basis Your car payment is more than 30% of your take home pay You are on a payment plan at the local payday loan office Your credit card minimum payment is more than 15% of your take home pay
I read a great article in the local paper here about a couple that has found themselves in a high stress situation. They simply can’t afford their home. They have an 80% value mortgage and a 20% “extra” loan for their home. Due to their credit card debt, they couldn’t get a standard mortgage so they found someone that offered a solution for them. House