From the monthly archives:
You may remember that I had been looking for a new apartment. At the time, my girlfriend and I were planning to live with each other. Since then, we have decided to delay cohabitation. In any event, I searched for affordable one-bedroom apartments near my office, but I didn’t find anything that convinced me ... Continue reading this article…
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Rasing4Boys is hosting the Carnival of Personal Finance on Wednesday next week. If you’re a blogger and you’ve written about personal finance recently, please consider submitting an article.
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ING Direct raised the interest rate the bank offers on its savings accounts, resulting in a 4.35 percent APY. This is good news, hot on the heels of the Fed’s raising of interest rates yesterday. Millions of people will benefit from ING Direct’s move, as this particular bank is one of the most popular ... Continue reading this article…
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Here’s what’s been happening on the MoneyBlogNetwork and beyond in the past week. Five Cent Nickel was on vacation but he opened his blog to guest writers. “Frugal” wrote about leverage, the secret of making big money. Mighty Bargain Hunter laments the loss of a discount grocery store. AllFinancialMatters says men don’t know jack about ... Continue reading this article…
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Here’s another caption contest. What do you imagine is going on between Warren Buffett and Kelli Swanson? Leave your photo caption in the comments below. The winner gets a cookie.
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The Federal Reserve Board raised the federal funds rate to 5.25 percent today. Consumers like us will eventually see that increase in mortgage loan and credit card interest rates. While I don’t have a mortgage and I don’t pay interest to credit cards at the moment, I do have student loans that have been ... Continue reading this article…
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One of my banks (Wachovia, where I have a checking account) is already offering downloads for Quicken 2007. The software’s not out yet, and I’ve come across only one report of a beta test for Macintosh users. I don’t expect there to be many improvements in the software compared to Quicken 2006, which ... Continue reading this article…
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Stephen Dubner, the author of Freakonomics, noted that Warren Buffett (who I’ve been writing much about lately, it seems) made a comment on a talk show recently describing one particular failing of market systems, particularly the free market system enjoyed in this country. Buffett’s comment: “A market system has not worked in terms of poor people.” ... Continue reading this article…
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A few years ago, I woke up. It cost me more to go to work than I was making, thanks to commuting, living expenses, and a non-profit salary. I was the one not profiting. Life was great when I simply ignored the mounting debt. There was only so long that could ... Continue reading this article…
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Here are Bill Gates and Bill Clinton, both smirking. Let’s see some creativity in the comments below and add a caption to this intimate photograph.
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I apologize for not having much to write today. I’m sure there is much to write about, but today and the next few days I expect to be swamped with work in the office, where I realized that thanks to no overtime being offered, despite an 8 percent higher salary this year, I’m making less ... Continue reading this article…
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The Carnival of Personal Finance is up at Mighty Bargain Hunter. Lots of great articles are included, as usual.
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It seems that Warren Buffett is domainating the news lately. According to Fortune Magazine, he’s planning to give away 85 percent of his wealth, mostly to Bill Gates through his foundation. Buffett has pledged to gradually give 85 percent of his Berkshire stock to five foundations. A dominant five-sixths of the shares will go to ... Continue reading this article…
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If you’ve been bidding on eBay’s auction for lunch with Warren Buffett, you may want to know that the highest bid is currently $455,100. That’s the highest price this annual event has raised is the few years of its existence. The auction opened yesterday and will end on the June 29, so get ... Continue reading this article…
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Here’s what been happening in the personal finance blogosphere this week, starting with the MoneyBlogNetwork. Mighty Bargain Hunter, who is hosting next week’s Carnival of Personal Finance, has calculated whether it is better to lend money through prosper.com or deposit the funds in an ING Direct account. JLP from AllFinancialMatters evaluates fixed immediate annuities. Free Money Finance is ... Continue reading this article…
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You may remember Dustin Diamond as “Screech” from the television show, Saved By The Bell. I heard about his situation a few days ago. He appeared on Howard Stern’s satellite radio show and begged his fans to buy his tee-shirts so he could pay off his house, as he has run into sorry ... Continue reading this article…
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So far, I think Jim is the leader in the first caption contest, but as we’re taking entries ad infinitum, you will never miss your chance to play along.
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Remeber how GM was not performing well last year and decided to stimulate sales by offering employee pricing, as a gimmick incentive? It was a temporary fix, but it didn’t make people want to own GM cars in the long run. Now Chrysler wants to give the same gimmick a try, starting in ... Continue reading this article…
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You will be the toast of the town! Stay up to date with Consumerism Commentary by subscribing to our full content via your RSS reader or email. With RSS, you’ll be the first on the block to be alerted about new posts here, and with email, you’ll have the content in your inbox ... Continue reading this article…
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A few months ago, I noted people are looking to get rid of the penny. Pennies cost more to make than they’re worth and price inflation has rendered them mostly pointless. However, Mr. Britney Spears, also known as Kevin Federline, has come out in favor of keeping the penny. Normally, no one would care, ... Continue reading this article…
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