Well, it had to happen sooner or later. People who stayed on the sidelines, diligently saving their money so that they could, one day buy a home that they knew was within their means, are starting to enter the home ownership club by buying homes that are drastically cheaper than they were a couple years ago. These kinds of articles give me hope for a
Archives for 2009
One More Reason to Use Credit Unions
Yet another example where it’s clear that banks are out to make as much money off of you as possible. I will never use a commercial bank again. I’d much rather use a credit union, who’s sole point of existence is to provide products and services to it’s members without making a profit. If you have a choice, why choose an institution that needs to
Back From Las Vegas
It feels good to be home after having spent a few days in Las Vegas. While the weather wasn’t outstanding, it was warm enough to lay out by the pool and get a little bit of a sunburn. I was hoping to get a nice tan while I was down there but I ended up only tanning my liver. Lot’s of delicious drinks and way
From $750,000 to Delivering Pizzas
How could I not post about this article? I found myself feeling less than sympathetic for Ken Karpman. If ever there was a poster child for why you need to have emergency savings and a fall back plan, Ken Karpman is it. Ken was making $750,000 a year when times were good. He has now been reduced to delivering pizzas and his marriage is stumbling.
Scenes From the Recession
The Boston Globe has an outstanding feature called “The Big Picture”. I subscribe to the RSS feed for it and am continually impressed with the amazing images that they show there. Today’s feature is called, “Scenes From the Recession” and shows various images from around the world that are related to the current economic downturn. Take a look, I think you’ll really enjoy it: http://www.boston.com/bigpicture/2009/03/scenes_from_the_recession.html
I’m Not a Bailout Fan
Okay. I’ve had it with the bailouts. My new personal position is that we scrap the bailouts and let things fail. Once enough has failed and the losers leave the market, we can begin to rebuild without the trillions in national debt. The latest news is that AIG has paid out over $170 million in bonuses and it was also revealed who some of the
My Self Control is Running Low – Almost Bought Something BIG
If you’ve been reading all the personal finance sites on the Internet you know that it’s important to sweat the small stuff when it comes to keeping your spending in check but it’s REALLY critical to sweat the big stuff. We’ve been doing a great job of keeping our expenses low (saving 52% of our income now) by watching what we spend our money on
Have You Considered Donating to a Food Bank?
If you are still employed you may find yourself quite comfortable eating whatever happens to suit your fancy each day. Maybe it’s steak, or maybe you’re just fine with Top Ramen or mac and cheese. The good news is that you have a choice on what you eat every day. Unfortunately more and more people don’t have that choice. They open their cupboards and there
Cheap, Healthy Breakfast Option in March ($1 Oatmeal at Jamba Juice)
Jamba Juice has decided to get in to the breakfast food game and is offering $1 bowls of oatmeal in March. All you need to do is print out this coupon! http://www.oatmealforabuck.com/
The Wisdom of Great Investors
JD over at Get Rich Slowly points to a great resource over at Dave Ramsey’s website. It’s a short PDF file that reinforces that the best course of action during economic certainty is to NOT PANIC and manage your emotions. I’ve always enjoyed Warren Buffet’s phrase, “Be fearful when others are greedy and be greedy when others are fearfulâ€. I think it’s a great phrase