When I worked at the bank, I noticed something interesting. All of the officers had cars worth less than the regular employees. I knew that officers made more than non-officers. I always wondered why people who make less have cars worth more. I figured it out one day. All of the officers had nice, reliable […]
Cars as Investments Read More »
Update: Thrive has been shut down, but you can still see my always up-to-date list of free money management tools. You all know that my favorite part of the personal finance arsenal is Mint, a banking aggregation site that helps with budgeting and transaction history. Thrive has popped up as Mint’s number one competition. The
A Mint Alternative: Thrive Read More »
Many people are getting worried and are acting irrationally because of the current economic downturn. I have some advice for people. STOP FREAKING OUT! People freaking out is what causes economic downturns. Everyone hears things are bad so they stop spending. That causes a long chain of economic events that turn into a recession. Anyway,
Using Your 401k in a Rough Spot Read More »
If you are short on cash and need money quick, payday loans might sound good. They are not! Whatever you do, never, EVER, get a payday loan. They are so bad that some states are working to make them illegal. Washington DC was the first place to outlaw these predatory loans. According to the Consumers
Payday Loan Companies are Like Mafia Loan Sharks Read More »
Everyone keeps talking about how the economy is so bad and there is a big recession and the world is going to end. I would not say it is quite an apocalypse. All of the hype is half of the cause of problems. I don’t think we are in a traditional recession, I think we
My Tips in a Recession Read More »
Most credit card companies offer “automatic payments”, where you can sign up for automatic withdrawals of either your minimum payment or full balance every month. Is this a good idea? This post will look at the big benefits and big drawback of automatic credit card payments. First, the benefits. If you pay your credit card
Automatic Credit Card Payments Read More »
