Fresh off the press is the LA Times with an article highlighting that stopping smoking can save you a lot of money. No kidding. It can save you thousands of dollars a year in cigarette costs alone! If you calculate in the health costs of smoking, the figure goes much higher. I admire those people who made the switch from conventional smoking to vaping. It
Prichard Alabama Hasn’t Paid It’s Pensioners Since 2009
I wonder if this is a sign of things to come for public pensioners around the country. Prichard Alabama quit paying out benefits to all of it’s retirees in 2009 against state law. So far, no one has forced the city to start paying benefits again but there are lawsuits. Unfortunately a number of people have died since the benefits stopped, including the retired fire
If You Can Wait, 2011 May be a Good Year to Upgrade Your Cellular Phone
Here’s an interesting article that talks about a couple of new Broadcom chips that will be coming out in 2011 that will drastically reduce the price of smart phones. Today, people have to buy smart phones through a carrier (mostly) and pay a cost somewhere around $200 plus a steep monthly fee. It’s $200 because the carrier is subsidizing the price of the phone and
The Economy–Working in Retirement
I’m sure this isn’t the last article we’ll see with tips on jobs you can do when you would ideally be retired. With the sorry state of retirement balances for the average citizen it’s no surprise that more and more people will be looking for ways to supplement their income in their golden years. Not everyone will need to find that part time job in
The Economy–70 Year Old Woman Robs A Bank
In a sign that there are plenty of people out there desperate to pay the bills, 70 year old Sandra Bathke has been arrested for robbing the Elysian State Bank. She allegedly told her driver that she needed to stop by the bank to make a withdrawal to pay her rent. Needless to say, it didn’t go quite as she’d hoped and now she’s charged
Kill That Store Credit Card NOW!
If you’ve been waiting for just the right time to cancel your department store credit card, this may be it. In a move that I would have never seen coming, the first department store has started charging a nearly $20 fee to their customers that don’t use the credit card for 6 months. WOW! This comes on top of interest rates that can reach nearly
9 TRILLION in Emergency Loans
Holy Sheet. The fed made $9 trillion in emergency loans during the financial crisis. That’s a lot of money: http://money.cnn.com/2010/12/01/news/economy/fed_reserve_data_release/index.htm
Do You Have Free Checking at Chase?
If so, go check out Jonathon’s post about their new and “not improved†free checking. Looks like there is going to be a $10-12 per month charge unless you meet certain conditions. Did I mention I love my credit union? No fees for any of my accounts and they pay me INTEREST on every account. God bless them. http://www.mymoneyblog.com/chase-adds-new-10-monthly-fee-to-free-checking-formerly-wamu.html
Free Land!!
Would you like some free land to build a new home? Tired of city life? Then this article may be for you, although I find it highly unlikely anyone is really interested: 7 Towns Where Land Is Free Everything sounds good until you see the details. Safe to say this land isn’t in Manhattan.
California Millionaire with Leaky Roof
This is a great article to read. I often wonder if I’m too frugal or “cheapâ€. After reading this article, I’m feeling like a free spending crazy person. Edward Wedbush runs a successful investment firm in California that employs 1000 people, manages $15 billion in assets and is valued at $300 million. The company has no debt and had a great year in 2009. Wedbush’s