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Living for today – Planning for Tomorrow

August 12th, 2005

Bet you $5 I can tell you where you got your shoes

My wife and I spent a week down in New Orleans awhile back. I had heard that crime was a bit more prevalent down there than it is in the Northwest so I was on edge a bit. We had a rule that we didn’t stay out after dark because we were doing all of our walking in the French quarter, or close to it.

When we got there we did see some signs warning tourists that the French quarter was considered a high crime area. Now, I don’t want to paint too ugly of a picture because there are tons of great people there, but there did end up being a fair amount of what I’d call “opportunists”. Due to my rain soaked skin color (aka PALE), I stood out like a sore thumb. (my wife did too).

Anyway, on a few occasions, we were approached about giving people money, which by the way, happens in the northwest too. On one particular evening, my wife and I were walking along bourbon street, peering in store windows of places that we wouldn’t have dared gone in. (Okay, I may have dared to go in if I was with all of my college buddies and had been taking advantage of the many types of cool refreshing beverages that are served on Bourbon street).

As we walked along, it started to get dark so we decided it was time to head back to the apartment that we were staying in for the week. About halfway down bourbon street, a man approached us and said, “Bet you five dollars I can tell you where you got your shoes”. Now, I’m not stupid. In the history of mankind, I don’t think a hustler has ever made a bet he didn’t know he was going to win. I said, “No thanks” and tried to walk around him. He had managed to very skillfully move us a little closer to the wall through his feet movements and I found myself with nowhere to go. It quickly became obvious to me that the easiest way out of the situation was to just take the bet and lose. For a split second I thought to myself, “There is no way he would possibly be able to tell me where I got these shoes. Hell, I can’t even remember”. So I said, “Okay, tell me where you think I got my shoes”. He looked at me like I was the dumbest person on the planet and said, “You got em on your feet, now give me my $5.”

August 12th, 2005

8 Things to do Before You Turn 30

I found this article on Kiplinger and think it’s relevant, not just to people who haven’t turned 30 yet, but also for people who may be running a bit behind. Here are the 8 things it recommends you do:

Identify your goals
Start an emergency fund
Pay off credit cards
Start investing
Establish credit
Set up a strategy to pay off student loans
Take calculated risks
Travel

Most of these (with the exception of the last one) are things we should all be doing. Luckily I stumbled in to doing most of these before I was 30 (about 25 actually), which really helped my situation.

Go check out the article at: http://www.kiplinger.com/personalfinance/columns/starting/archive/2005/st0811.htm

August 12th, 2005

Personal Finance Blogger?

I have been looking for ways to bring in new readers for my blog. I’m really enjoying writing the blog and love to see the traffic on the site rise.

Here’s a tip:
Go put in a few free ads (one in each city) in the general announcements area of http://www.craigslist.com. I’ve been seeing some decent traffic from craigslist and am hoping I may be bringing some new people in to the personal finance realm. I make sure to say that I’m not selling anything and that they can be completely anonymous in their surfing.

Just an idea.

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