We’ve all heard the phrase, “Keeping up with the Jones’”. If you don’t know what that means, it’s really quite simple. Basically it is a phrase used when one person compares what they have to what someone they associate with has. That sounded a little confusing. Let me give you an example: Bob lives at 123 Main Street. From the outside, it looks like Bob
Just spreading the love a little here. This blog post is pretty darned good. I found that it gets better towards the end. I particularly enjoyed the statements about spending a weeks worth of salary on one pair of pants. SHE tries to explain to someone that rich people don’t do this, to which that person says, “Yes they do. I see them wearing this
And the fees just keep on rising…….. This is a brief article that points out that ATM fees and bounced check fees continue to rise. The average charge for using an ATM that you don’t hold an account at is $1.64. For those people who get charged by their own bank as well, it could put you over $3 to get your own money out
As you all know, my wife and I purchased an unfinished cabin last week. As part of that purchase, we knew that my wife would have to go back to work for awhile. We are able to cover the purchase cost and monthly costs of having it on my salary alone, but that wouldn’t leave much for the rest of the construction costs. (We want
I keep reading about all the people that are one step from doomsday. Most of these people are dealing with adjustable rate mortgage increases. Why did they get an adjustable rate mortgage in the last couple years? From a purely financial perspective, it seemed like a riskier approach because interest rates were some of the lowest in 40 years. I can appreciate that the low
I keep reading articles about ARM’s. Man. As interest rates climb, I can’t help but think that many, many people are going to find themselves in trouble. Even if they aren’t in trouble, they will most likely be seeing more and more of their income go towards mortgage interest. With inflationary fears floating around, it isn’t hard to imagine rates going even higher. I’m eating
This is an article that I read a couple years ago. What’s interesting is that the numbers they point out are actually worse now. I noticed that they had the savings rate at about 2% in 2004. Now it’s a negative number. I believe that people’s debt load might have increased too. Anyway, check out the article. It’s great!! http://www.csmonitor.com/2004/0816/p14s01-wmgn.html Here’s a paragraph from the
Glad I’m not in her predicament. I’d say Dave gave her good advice. http://wnd.com/news/article.asp?ARTICLE_ID=50422
It’s been a rough weekend. Saturday evening I got sick and didn’t sleep all night. I stayed in bed all day Sunday which is the first time I’ve done that in about 20 years. Between sleeping and getting up to be sick again, I watched a little TV. As I flipped through the channels, I finally came upon a show called “The Real Housewives of
On the subject of things that don’t seem to make sense……. Kiplinger has an article about how consumer confidence is at a 4 year high. I confess. This just doesn’t make a lot of sense to me. Gas prices are at an all time high, interest rates are rising which could have multiple impacts on consumers (credit card rates increasing, adjustable mortgages going up etc),