Archive for July, 2008
Frugal Zeitgeist Paid Off Her Mortgage
Congratulations to Frugal Zeitgeist for paying off her NY apartment. She managed to do it in 6 years, 7 months and 3 days with no huge financial windfalls. She took the route of sacrificing a few things along the way and applying everything she could towards the mortgage. I noticed that she refinanced a couple [...]
And The Debt Just Keeps On Coming
This weekend I was driving down the road when I noticed a reader board outside a small town bank. The message on the board said, "Increase your summer fun with a home equity loan". Really? In 2008? The sad thing about this is that I’m sure someone will take that message and borrow money to [...]
How Much Oil Would It Take To Buy Out the US?
Interesting article that talks about the total net worth of the US and then divides that by the price of oil. It turns out that 400 billion barrels of oil would buy the entire US. Saudi Arabia and Iran have just enough proven reserves to cover it. http://articles.moneycentral.msn.com/Investing/Extra/HowMuchOilItdTakeToBuyTheUS.aspx If only oil wasn’t such a valuable [...]
15 Excuses To Put Off Saving
We all know someone that doesn’t save a dime. Maybe that’s you? The reasons people cite for putting off saving are many. There is only one problem with all of these reasons. No matter how good your reason is, your future self won’t accept it. The best reason in the world won’t help you pay [...]
People Don’t Like You Reaching In To Their Bank Account
Over the last year I’ve been involved in a community decision to upgrade a shared water system in our neighborhood out at the lake. I had absolutely no idea what kind of high stakes drama I would be involved with when we made the decision to build our place out there. In the last year [...]