Plenty of people leave shared housing behind forever after college. I was not one of them. For several years, I lived in a few places with different roommates: some good, some not so good. The last 2 roommates have been people I didn’t know so well before letting them move in, which can obviously cause [...]
Entries Tagged as 'Personal finance'
Pros And Cons Of Getting A Roommate
July 3rd, 2008 · 3 Comments
Tags: Frugality · Personal finance
Create An Artificial Scarcity To Save Money
July 2nd, 2008 · 1 Comment
I hate to budget. Budgets seem restrictive to me. It’s totally psychological, but for some reason the mere act of making a budget makes me feel like I’m depriving myself, and nobody likes being deprived: it’s depressing. Inevitably, I would end up breaking my budget. I wouldn’t go into debt, of course, but I would [...]
Tags: Personal finance
My Personal Finance Confession
July 1st, 2008 · 1 Comment
This post is in response to the personal finance confession project started by Are You Going To Be This Way The Rest Of The Time I Know You (long name). I ran across it over on Mrs Micah’s blog earlier today and thought it might be fun to share. Admitting you have a problem is [...]
Tags: Personal finance
In Investing, Trust But Verify
May 11th, 2008 · No Comments
Often when speaking of relations with the Soviet Union, Ronald Reagan would toss out the phrase “trust, but verify“. Reagan reportedly repeated this old Russian proverb (Russian: Доверяй, но проверяй) at the signing of the INF treaty to which his counterpart Mikhail Gorbachev responded “you repeat this phrase every time we meet”. Not to be outdone, Reagan replied, “I [...]
Tags: Investing · Personal finance
If It Is To Be, It Is Up To Me
May 6th, 2008 · No Comments
My 8th grade sunday school teacher was a billionaire, the 380th richest man in America (and 799th richest man in the world), in fact, according to the Forbes 400 2007 list. With a net worth of $1.3 billion, Truett Cathy knows what he’s talking about and one of the keys to success is learning from those [...]
Tags: Commentary · Personal finance
Do Your Own Homework Before Taking Financial Advice
April 24th, 2008 · 1 Comment
Ever heard the phrase” if it sounds too good to be true, it probably is?” I hope so because I wrote about it a few weeks ago. But just in case you missed out on that, here’s another word of warning. I was reading an informative article the other day at usatoday.com entitled 10 Myths About [...]
Tags: Commentary · Personal finance
Who Should Buy An Annuity?
April 21st, 2008 · 1 Comment
Ok, so we all know variable annuities are usually better deals for the annuity salesman than the customer. But let’s ignore all that for a moment. Surely there must be certain circumstances when an annuity makes sense, right? Indeed, I’ve already written about some of the few (very few) ways you can use a variable [...]
Tags: Annuities · Personal finance · Retirement
Does Your Fund Company Put You First?
April 7th, 2008 · 2 Comments
Morningstar recently laid out a few ways to tell if your fund company is putting you first. Corporate culture is key when it comes to how you’re treated as a shareholder. Are the fund boards independent enough of corporate management to really stand up for the rights of shareholders? Are fund managers compensated in such a [...]
Tags: News · Personal finance
Top 4 Money Wasters In Your 20’s
April 7th, 2008 · 15 Comments
I would probably already be a multi-millionaire if it weren’t for these huge money-wasters. I estimate just in the past month, I’ve wasted approximately $152,502.42 on the following vices. Not that I’m complaining: you only live once, right? I have no intention of cutting back. This is for informational purposes only.
Let’s start from the top:
Women
It’s been said that women [...]
Tags: Commentary · Frugality · Personal finance
Broke? Bad Credit? Yes, It Is Your Fault
April 4th, 2008 · 8 Comments
Stuck in unusually bad traffic on the way home from the office Thursday afternoon, I heard a commercial that really pissed me off. It was for a company called BlueHippo (hereafter referred to as Evil Greedy Corporation) that sells laptop computers “no matter how bad your credit.” I usually just sigh and change the station, [...]
Tags: Commentary · Personal finance


