We have some friends that have been really scraping by because one of them lost their job almost a year ago. Well, they are both finally working again and you can sure tell the pressure is off. After being back at work for only 3 days, they’ve gone out and bought a big screen television. Apparently all their fears and worries about how they were
Should You Buy Earthquake Insurance?
With all of the attention on Haiti the last few days and the powerful destructive capabilities of an earthquake, it’s probably worth asking the question whether you should buy earthquake insurance. For years I questioned whether we should have the insurance and I felt as if I was living on the edge a bit. For those of you that haven’t spent much time reading through
Are You Prepared for a Financial Emergency?
As I was sitting back looking at my financial goals for 2010, I couldn’t help but focus on being ready for the unknown. Both my wife and I are very well employed and aren’t feeling as if there is an imminent danger of losing our incomes but with all the gloom and doom around, it’s easy to find ourselves focusing on “what if”. Rather than
Is it Human Nature to Want What We Do Not Have?
I was doing a little browsing and stumbled upon this graphic. There is a lot of truth to this simple comic. It’s rare to find someone who is satisfied with what they have. I’m no exception. I am always thinking of what I want next, where I want to go, what I’d like to do etc etc.. In the graphic, each person takes for granted
ELYM Top Tip: Homemade Snuggie With no Effort
For those of you that would love to have a Snuggie for Christmas but just don’t feel like parting with the $13, I’ve got a hot tip for you: Take any old fleece robe that you have in your closet and put in on backwards. Presto! It’s a homemade Snuggie. Happy Thanksgiving!
Ahhh, The Season of Buying STUFF Has Arrived
As the holiday season begins, I find myself feeling very thankful for a number of things. First off, I’m very, very thankful for my wonderful wife and amazing daughter. I’m also thankful that we have a roof over our heads, food on our table, and jobs to keep us humming along. I think this season feels much more real in terms of truly understanding what
Nicolas Cage Should Read Personal Finance Blogs
I’ve been lightly following Nicolas Cage’s money problems over the last few months. It’s always a little bit surprising to see someone who has clearly made many millions over his lifetime deal with such large financial problems that he’s forced to sell many of his assets. When you look at the assets that he has acquired, it starts to become pretty clear why he’s in
ELYM Update – Swine Flu Edition
I apologize for the lack of posts lately. I’ve been very busy at work making sure that I keep my spot on the competitive “large institution” roster. There has been a ton going on at work and it’s only going to get crazier as we end the year. On the home front things are smelling rather porkish. We knew it was only a matter of
Our Frugal Friends use a Mac
I was talking to a frugal friend of ours a couple days ago and the subject turned to computers. I was shocked to learn that they had a Mac in their house as opposed to a PC. The reason I was shocked was because this family is VERY frugal. They live in a very modest house, carry no debt and minimize their spending more than
They Don’t Call it “Personal” Finance for Nothing
I had a fascinating conversation with a friend of mine today. Okay, maybe not fascinating but I always enjoy talking to others about personal finances and this friend of mine, who we’ll call “Billâ€, is never shy when it comes to sharing his financial situation. Between he and his wife I’d estimate that they make about $175,000 a year. You’d think that would mean they