The first thing I thought about when I read this story is, “That million isn’t going to last long”. This woman found a $10 bill on the ground and then used it to buy lottery tickets. She’s glad she did because she won a $1 million dollar jackpot. The article says that she has 9 maxed out credit cards and $8500 in debt from an
I just noticed there is a new “millionaire in the making” that I hadn’t seen. Jeanette Courts is a divorced 38 year old mom who works for the Pentagon making 94,000 per year. Here is a summary of her net worth: Government Thrift Savings Plan: $107,000Roth IRA: $6,000Savings Bonds: $2,000Online savings account: $10,000Brokerage account: $1,000Other savings: $4,000Home equity: $190,000 Jeanette is looking good. I’d say
If you’ve been waiting to find someone to invite you to try out JOOST, the wait is over. You can now invite yourself here: https://joost.com/presents/gigaom-newteevee/ Joost lets you watch various TV programs over the internet and is supposedly the next big thing! I’ll be trying it out and will review it here on this blog.
I read a great article in the local paper here about a couple that has found themselves in a high stress situation. They simply can’t afford their home. They have an 80% value mortgage and a 20% “extra” loan for their home. Due to their credit card debt, they couldn’t get a standard mortgage so they found someone that offered a solution for them. House
http://news.yahoo.com/s/ap/20070502/ap_on_re_us/warehouse_ban This one is amazing to me. This guy lives about 6 or 7 miles from my house and was running a secret private bank out of his house with more than $28M in assets. How could you trust a guy running a bank out of his house? I sure couldn’t. http://www.kirotv.com/money/13241247/detail.html High IQ’s don’t always mean wealthy individuals. I could have written this
I’ve been following Circuit City ever since I read that they fired 3400 of their highest paid workers and brought in a bunch of “new hires” at a lower pay rate. At this point, I would say that their strategy is failing. Go figure. Get rid of your best people and your sales miss your forecasts. It’s amazing to me that they really believed getting
MyMoneyBlog has done some great posting about the average spending habits of people. I always find it fascinating to see how people split up their budgets. I guess it’s a bit of financial voyeurism, but it is very informative. Jonathon also had a post a few days ago that discussed this further so scroll down on his site once you get through this article. NCN
It’s been awhile since I’ve posted “Links to Love”. Here are some of the better links floating around out there: Fight the urge to splurge @ Get Rich Slowly JD does a great job at pointing out how so many of us fall victim to useless spending. I especially like the idea he mentions to force yourself to put 10% of your purchases in
Yahoo has a good article explaining how all the taxes that you send in are spent. Here are the highlights: Social Security: 21% Military: 20% Aid to the Needy: 16% Medicare: 15% Interest on the Debt: 10% Health and Education: 4% Civilian and Military Retirements: 4% Veterans Benefits: 3% Transportation: 3% Other: 6% So there you have it. I have to admit it’s pretty amazing
There is a great post over at Scottburns.com about Home Depot. I remember reading Scott’s column regarding his experience at Home Depot and I just shook my head. I have had my share of frustrating experiences there. Most of the time it’s related to the length of time it takes to get through the checkout lines. I’ve literally sat there for 25-30 minutes to get