I don’t know about you, but the news these days is freaking craaaaaaazy. From the sounds of it, I may lose my house at any moment and have to wash dishes at a sleazy strip joint where they serve steaks for $5.99. (Because, let’s face it, no matter how bad the economy gets, guys will still go to strip joints and who doesn’t like a
Time To Spend A Little Money
My birthday is next week. I’ll be turning the ripe age of 36. While this isn’t exactly a major roadside attraction along the highway of life it is important because it’s MY birthday. :) Anyway, I stopped by my sister’s house last night for awhile and while I was there I tried out their new Nintendo WII. It’s absolutely a kick in the pants. That’s all I can
Keeping Score – Personal Finance Voyeurism
I’m going to confess something. I absolutely love to hear about other people’s finances. Why? I don’t know. I guess I’m just a competitive jerk that loves to see how I stack up. Okay, that’s not true but I do love to see how I stack up relative to others in my age category. Knowing the details of someone else’s finances doesn’t help my financial
It’s Not What You Make, It’s What You Spend
Earl Crawley earns $20,000 a year as a parking lot attendant. Even with such a small amount of income he has managed to create a nest egg of over $500,000 in the last 44 years. If Earl is not an inspiration to you then you are a lost cause. You know those simple savings tips that you read on all the PF blogs? They can
Son Won’t Leave Home
I read an article on Salon.com about a woman who’s 30 year old son won’t leave home. Not only will he not leave but he also won’t help share the costs of living there. Every time the mother brings up the fact that she really needs him to help with the costs, he blows up and gets angry. She’s afraid of making too big of
Keep That Car For 15 Years
CNN Money has an article that says you should buy a car and drive it for 15 years. They used data from Consumer Reports and cited some owners that have really racked up the miles on their cars. http://money.cnn.com/2007/08/30/autos/cr_drive_200k/index.htm?postversion=2007083113 I think I need to bookmark this article and read it once per day. I shudder to think about how much money I’ve given away over
Misc Rambling
Have you noticed the market hasn’t been doing so well lately? :) Yeah, me too. My 401k has taken a bit of a beating lately but I know that I just have to hold on for the ride. Rather than fret about the unrealized losses I’ve been seeing, I need to remember that the dips give me an opportunity to buy the same investments at
Mindless Wandering In the Land Of Retail
I had some free time yesterday so I decided to do a little window shopping. Why? you ask. I just don’t know. I haven’t wandered the aisles of stores in months. I figured I’d just kill a little time. As I headed towards the local shopping district I was amazed at the sheer number of cars on the road for a Sunday afternoon. It almost
The Magnetic Draw Of Consumption
I don’t know what the deal is lately but I find myself yearning for stuff. Unfortunately it isn’t cheap stuff either. In the last week I have been looking at: -A new laptop -A new desktop PC -A GPS unit -Granite counters for the lake house -A different truck I definitely don’t need a new laptop. No question about that. If I end up buying
I Can Lower My Monthly Payments With A 40 Year Mortgage
Great news. I received a letter in the mail today from Countrywide home loans. Apparently they’ve done the math for me and I could be paying less every month for my mortgage by switching to a 40 year loan. Here are the benefits that they listed: -Lower your monthly payments -Consolidate or pay down higher interest debt -Get cash to do the things you want to