Even the Navy wants to see more limitations for these types of loans. Apparently a high number of their sailors are finding themselves knee deep in debt with these places. Washington state has a cap of 391% APR for these loans. (They are short term loans at high interest that, when calculated out to an APR, really seem excessive). There are 36 payday lenders within
Keep saving. If you don’t save enough, you could wind up butchering meat in your garage and then get fined for food safety violations. I’m guessing this couple probably should have saved a little more over their lifetime. Being elderly and running a butcher shop out of your garage just doesn’t sound all the appealing. I think I’ll go transfer a bit more money in
From the “Spend less than you make” department. Apparently Larry Ellison is having a little trouble with this concept. It feels good to dump on Larry a bit. Probably because, even with his “spending problems”, he makes more interest on his money in an hour, than I’ll make my whole life in income. Okay. Yes, that is jealousy talking a bit. http://www.sfgate.com/cgi-bin/article.cgi?file
For the second time in my long ownership of my Toyota Tacoma, I’m going to need to buy tires. (Had I just bought a new truck, this wouldn’t be an issue) :) Tires for my truck range somewhere around $100 per tire. I absolutely HATE paying $400 for rubber, but at the same time, I do like to drive on decent tires. Last time I
UPDATE 3: The hot dog sold for $1800 to, who else, Golden Palace Casino. Those guys will buy anything! UPDATE 2: Looks like this guy might not be getting as rich as he thought off of a stale hotdog. It’s all the way down to $1750. (It has dropped a few times) UPDATE: The hot dog is up to $7569 as of 1/28 (It went
http://seattlepi.nwsource.com/local/257094_studentloandebt26.html College debt is a problem. Check out this couple. They have over $350,000 in debt from college. Amazing!
I went to Evilmart today. The draw for cheap soups was more than I could fight. Their motto, “Always Low Prices” just seemed to appeal too much to me today. For many, this might seem ridiculous. Why the heck wouldn’t a guy like me shop at Evilmart every day? Guilt, I guess. I’m not thrilled with the wages and benefits that they pay their employees
http://money.cnn.com/2006/01/24/pf Americans among the worst savers in the world. Well, not exactly a surprise since our savings rate is a negative number. http://www.billingsgazette.com/index.php?id=1&display This guy wants to find a company with a traditional pension. Sure there are some out there, but they might not be offering them much longer. http://www.philly.com/mld/inquirer/business Good article on investing and the value of returns. http://www.signonsandiego.com/news/business Article on credit cards. Yes,
If you need a camera, I’d highly recommend trying to grab one of these before they are all gone. Even at $99, it’s a steal. This camera (Sony DSC-S40) takes 4.1 megapixel images and also takes very decent 640X480 mpeg videos with sound. It holds the Memory stick style sticks, which Costco sells every now and then for about $35 for a 512 meg stick.
Can I tell you a secret? Money management is kind of boring once you put a lot of things on autopilot. I know that automatically investing in my ROTH, and automatically investing in my 401k is the right thing to do but it just isn’t sexy. The money just goes in every two weeks and automatically buys a couple index funds. No adrenaline. No euphoria.