Living for today - Planning for Tomorrow
I’m sure this won’t be the last article like this. People are selling all kinds of things to cover their monthly bills. From Jewelry to Harleys it’s all got to go. No one is exempt from this as even people who thought of themselves as “wealthy” now find themselves selling their high ticket items to keep their homes or pay for basic necessities. I guess
Pretty much everyone I’ve talked to lately has a story about someone they know who is flailing their arms trying to keep their head above water. Nowhere is it easier to see than in the real estate market in your area. I’ve been watching real estate pretty closely around our area because I find it very interesting. About 2 years ago they built an upscale
I stumbled on to this article about Greg Lasrado. He started an internet porn business when he was young and in college. At one point he had 100,000 people worldwide paying a monthly fee to access the porn sites he ran. He bought houses, many nice cars, traveled all over the world and even held $100,000 parties in Las Vegas. He was on top of
So gas is getting rather expensive. I just paid $3.70 per gallon. Yeah, I know, it could be worse. People in other parts of the world are probably laughing their asses off at us Americans complaining about gas prices. That doesn’t change the fact that we’ve built our economy and way of life on the assumption that gas prices would be low indefinitely. Well, apparently
I found this article on Slate pretty interesting. It reviews all of the Obama finances and shows that they are doing pretty well by yours or my standards but are much more humble than the other two presidential candidates. Their holdings are pretty conservative but if I had that level of income, I think I’d probably play it pretty safe too. Anyway, it’s pretty interesting
I have to confess something. Lately my self control has been out the window. I’ve been spending too much on things I don’t really need. I have been eating more than I should and am 20 pounds overweight. And you know something that’s just crazy? I’ve found myself having some anxiety about money and my weight. You’d think the anxiety would drive better behavior but
When we purchased our lake house, we used a little bit of money from our home equity line of credit. We had never used the line of credit but had it sitting there in case we had an emergency, or a good opportunity. When we got the loan, we locked the rate at 7.49% because we didn’t want to have the fluctuating risk. Of course
For all of those people (not unlike me) that are saving, saving, saving for retirement and always thinking about that magical day that you can retire……. Don’t forget to dance to the music along the way. (see video below)
I don’t know if you saw this article on CNN but it highlights Kent and Mysti Cope. They both worked for New Century Financial, which was the number 2 subprime lender in the country. They have both lost their jobs and have realized they have to make some tough sacrifices. Sacrifice number 1: Trade in the Corvette for a Suburban. Huh? Wow, talk about really
I was perusing the internet and came across this video and found it very interesting, as well as a little scary: http://www.boingboing.net/2008/03/19/documentary-examines.html After you watch the video, take a little time and read through some of the comments on the BoingBoing page. I was quite surprised at the intelligence in the comments. (Sure, there are a few moronic ones there too). I can’t see how