http://money.cnn.com/2005/07/22/pf/ask_expert/index.htmThis article addresses the reality of many, many people in our society. What do you do if you are nearing retirement and you haven’t started saving for retirement yet? This is a perfect example of the value of educating young people in high school about compound interest and what a drastic difference you can make in your retirement by saving early. http://money.cnn.com/2005/07/20/pf/shopper_0508/index.htmA few other bloggers
http://seattletimes.nwsource.com/html/foodwine/2002390692_grocerygame20.htmlThe grocery game. Matches coupons with items already on sale, compares stores prices etc. Could be worth a look. Customer claims one hour a week saves her $144. http://money.cnn.com/2005/07/07/pf/money_type_0508/index.htmWhat kind of money type are you? People are investing more and more in their homes
I liked this guy’s analysis of the housing bubble. Some key points he makes: The past century hasn’t seen a run-up in the cost of housing remotely comparable to the past six years. The FDIC has identified more than 50 markets where home prices were up by an inflation-adjusted 30 percent or more per year in that period, through 2004. In California, median existing home
Here is a great article that talks about what kind of insurance you should be buying. Pet insurance? Travel insurance? Mortgage Insurance (the kind that pays your house off if you die)? It’s all in here. Here is a clip from the article: “Given the sheer number of choices these days in different types of insurance coverage, it would be easy to go overboard. The
http://news.yahoo.com/s/keye/20050714/lo_keye/cbs42enronboardinhoustongetsheftypayraiseThere are owners in society, (the Elite) and then there are the rest of us. We are mere flies to swat away when we bother the elite. How do you know if you are one of the elite? What are the signs? Well, to pick a couple examples from the above article: You don’t even work for the company but are on the board and
http://seattletimes.nwsource.com/ABPub/zoom/html/2002377260.html Amazing. This guy got a windfall of $17000+ from an account that his father had before he died. He didn’t know it, but went to a site that lists unclaimed money and found it. Apparently it didn’t ever dawn on him that he could have saved the money because the caption says he already spent it. “Thanks for saving Dad. I’ll honor that by
http://biz.yahoo.com/special/save05_article2.htmlWe are a nation of “Spenders”. This is a great article that talks about our nation and how we are the richest on the planet and have the highest GDP, but yet rank WAAAAAAY last in savings http://images.businessweek.com/ss/05/06/global_savings/content.htmThis is the map that shows what the countries contribution to the global net savings/debt is. Notice the U.S. is at ($724) billion. No one else even comes
This is very cool. It lets you choose your occupation, education level, income level, and net worth and tells you what class you would be considered to be in. It’s interesting to see how they’ve rated some of the different professions etc. Very much worth your time to check it out: http://www.nytimes.com/packages/html/national/20050515_CLASS_GRAPHIC/index_01.html
This is a great article that lists the different debt levels for mortgages, cars, consumer credit, student loans etc. The numbers are pretty darned high. I’m glad that we aren’t staring at any of these numbers in our house (with the exception of the mortgage). Anyway, interesting to read through. Check it out here: http://money.cnn.com/2003/09/25/pf/millionaire/q_debtstackup/index.htm
I read an article about people that are trying to flip real estate. It just reinforces my opinion that, even with real estate prices as high as they are, you still need a clue to make money in real estate. The article makes a couple good points though about the fact that with so many people buying properties to hold either short term, or long