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Early Morning Blog Roundup: Big Houses, a Million Dollars, and Greed

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Here are some articles I’ve enjoyed recently from the Money Blog Network.

AllFinancialMatters gets 5 to 10 calls a week from charities asking for money. He plans his giving every year and doesn’t like receiving these calls. In a recent post, JLP asked for suggestions for turning away cold calls from charities.

FiveCentNickel asks what readers would do with a million dollars. Answering the question simply, I would start a foundation. One million is just enough to get started.

Free Money Finance describes the cause of the sub-prime mess as a collision of greedy lenders and greedy borrowers.

Get Rich Slowly introduced me to RescueTime, free time management software. I’ve installed the program and I hope to use it to increase my efficiency. I waste far too much time than I’d like.

Mighty Bargain Hunter wonders about using money as a reward for children’s good behavior. Positive reinforcement is probably the best policy in general, but good behavior should be the norm rather than the exception. The problem with using financial positive reinforcement is that it can lead to the expectation of financial reward for all good deeds.

No Credit Needed writes about an interesting conversation about store-branded credit cards. He points out that an employee pointed out that they are told that a customer who signs up for a store credit card will (on average) visit the store three times as often, making the initial 10% discount well worthwhile for the store.

Xin Lu from Wise Bread asks to determine how big of a house you really need. She prefers smaller houses.

Updated December 29, 2010 and originally published May 12, 2008. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes, also known as Flexo, is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow Luke Landes on Twitter. View all articles by .

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