As featured in The Wall Street Journal, Money Magazine, and more!

September 2008

Hugh Laurie (Dr. House) Will Earn $9 Million This Season (and Weekend Blog Roundup)

by Luke Landes

If money is the ultimate judge, it’s better to be a fake doctor on television than it is to be a real doctor, at least if that fake doctor appears on the show House. Hugh Laurie, the British comedian-actor who affects a usually convincing accent in the program, will earn about $400,000 per episode this ... Continue reading this article…

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Choosing Your Major and Your Career For Earning Potential

by Luke Landes

If your goal in life is to earn as much money as possible, then you need to determine before you graduate high school what high-earning career path is best for you. You’ll need to weigh your skills and aptitude to decide the collegiate degree that provides you the best chance for professional success as well ... Continue reading this article…

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Whoo Hoo: Washington Mutual Next to Fail?

by Luke Landes

Shares in Washington Mutual, the country’s largest savings and loan bank, dropped over 30 percent in one day due to fears that this institution will be the next in a series of failures of financial companies. WaMu holds $310 billion in assets, a huge amount of deposits. The FDIC, which might step in to take over ... Continue reading this article…

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FNBO Direct Giving Away $25,000 to Customers

by Luke Landes

Liz Pullliam Weston, author and personal financial columnist, has teamed up with FNBO Direct (the online savings arm of First National Bank of Omaha) to sponsor a contest called “Pay Yourself First” in which five winners will each receive $5,000. Those who wished to participate sent in a one-minute video about why they save money ... Continue reading this article…

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Fannie Mae and Freddie Mac Seized by the Government: Likely Results

by Luke Landes

Fannie Mae (the Federal National Mortgage Association) and Freddie Mac (the Federal Home Loan Mortgage Corporation) are companies that buy mortgages from lenders. Those lenders, by selling loans to the companies, have more cash on hand to lend to other individuals. Fannie Mae and Freddie Mac then “repackage” the mortgages and sell them as securities ... Continue reading this article…

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Get a $25 Bonus With the Amex True Earnings Card

by Luke Landes

The offer you are interested in has expired. Read our review of the True Earnings Card From Costco and American Express.

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Get Instant Updates: Subscribe to Consumerism Commentary

by Luke Landes

By subscribing to the Consumerism Commentary RSS feed with feed-reading software such as Google Reader or aggregators such as My Yahoo, you’ll always be aware of new content here. If you prefer to have daily updates emailed directly to you, simply enter your address below.   Your email address will be used for nothing other ... Continue reading this article…

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How to Deal With Unpredictable Income

by Luke Landes

One of my concerns with the possibility of leaving my day job and pursuing self-employment through writing and managing websites is the unpredictable income. At the extreme, my biggest concern is the idea that it’s quite possible that the income could drop off permanently due to forces beyond my control. But even if that doesn’t ... Continue reading this article…

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Personal Income Statement, August 2008 (Net Income: $11,582)

by Luke Landes

I mentioned in my August net worth report that there were three main reasons for my 7.7 percent increase. One reason was the stock market, which slightly lifted some of my investments. The other two reasons should be apparent from the income and expense report that is included in this post. My net income for the ... Continue reading this article…

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Personal Balance Sheet, August 2008 ($174,669, +7.7%)

by Luke Landes

It’s a long-standing tradition at Consumerism Commentary to review the details of my finances at the end of every month, and it’s that time again. I start with a “net worth report,” a list of my bank account, credit card, and loan account balances, investment values, and some more ethereal numbers like my car’s value ... Continue reading this article…

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Diddy Says: Lower Gas Prices So I Can Fly My Private Jet!

by Luke Landes

A few days ago, rap mogul “Diddy” (aka Sean Combs) shared his thoughts on high gas prices with the world through a video “blog” posted at Youtube. I’ve embedded the video below for all who are interested. Readers enjoying Consumerism Commentary via RSS will need to click through to see what Diddy has to say ... Continue reading this article…

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Thieves Smashed Into My Car and Stole $700 Worth of Stuff

by Luke Landes

While staying in Queens, New York a week ago, I discovered on Sunday that my car had been broken into. Some time between Friday night and Sunday morning, someone broke the front passenger side window and pulled out my car radio and a few other items I had left hidden in the car. In addition ... Continue reading this article…

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Labor Day Blog Roundup: Smoking, Sins, and Index Funds

by Luke Landes

Today’s holiday provided me with a much-needed break from the general craziness that is my life. I had time to take care of a few household chores rather than procrastinate as usual. Living alone is both a blessing and a curse in this respect. After I finished my chores and allowed myself to go out ... Continue reading this article…

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