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Frugality is Bad For the Economy

by Luke Landes

The concept of frugality has permeated mainstream personal finance in the past few years. That’s understandable, given the state of the economy. For many who have been personally affected, following the loss of income or a job, this frugality is a forced approach. People are looking for ways to save money because they have less […]

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Your Opinion: Is Debt Slavery?

by Luke Landes

I’ve written several times on Consumerism Commentary, and other people have written and said many times as well, that debt is slavery. In fact, there is a popular book on the topic aptly titled, Debt is Slavery. It’s a convenient metaphor; if slavery is working without the benefit of enjoying the fruits of your labor, […]

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6 Money and Life Lessons From the Chilean Miners

by Luke Landes

The world cheered as the thirty-three miners trapped a half-mile underground in Chile for more than two months were pulled aboveground to safety. The rescue mission was a fantastic success. Aside from the miners, no one can be happier for their survival of the ordeal than their families. Mining is a risky profession even when […]

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Is a Graduate Degree Worthwhile or Worthless?

by Luke Landes

Several years ago, I decided to take advantage of an opportunity to pursue a master’s degree in business. I had been working in finance for a while, and as someone who believes in lifelong education, I figured it wouldn’t hurt to obtain an MBA. I took the relatively unpopular route of pursuing a degree where […]

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Pet Ownership: A Financial and Emotional Responsibility

by Luke Landes

My household has almost always included pets. First, let me establish the true hierarchy. It’s very clear when you live with one cat or more that they own the place, and we humans are only permitted to share living space with them because we provide food and shelter. The only years I’ve lived in a […]

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The Quest For a Balanced Life

by Luke Landes

A person feels most at peace with his or herself when the major aspects of life are balanced. We look at workaholics and overachievers and wonder about all the interesting or wonderful parts of life they may be missing. My first boss was a workaholic and overachiever, and he had trouble understanding that not everyone […]

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How I Earn Side Income From (Mostly) Blogging

by Luke Landes

Subscribe to Consumerism Commentary by adding our RSS feed to your favorite reading software. As you know I’ve been writing for Consumerism Commentary since 2003. I’ve been blogging, or chronologically updating websites, since 1994 or 1995, at that time running a web server called “Winhttpd” from the computer in my dorm room. My university did […]

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Getting a Better and Cheaper Shave

by Luke Landes

One successful retail business model is the concept in which a company sells a main device at a discounted price while the necessary, refillable or replaceable supplies for that device are sold at a premium. One example is the ink-jet or laser printer; the printers are generally priced to be bargains, occasionally included for free […]

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10 Ways to Boost Your Human Capital

by Luke Landes

There’s something satisfying when looking at a bank statement. I know firsthand that this is more true when your balance is positive. The bottom line is a hard number; if it says $100, you know exactly how much money you have. The net worth, at least the way I count mine, is just as hard […]

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How To Handle Requests For Financial Advice

by Luke Landes

I don’t have to remind myself that I’m not an expert when it comes to money. While my choices have improved over the past few years, I still make mistakes at about the same rate I always have. Even recently, I thought I could outsmart the public and take advantage of Toyota’s recent bad news. […]

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