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We Don’t Need No Steenkin’ $1,000,000 for Retirement

by Flexo

It’s Liz Pulliam Weston against the experts and pundits in the biggest battle since Apolo Anton Ohno grabbed someone’s skate while competing in the short track speed skating competition. In this article Weston takes prognosticators to task for claiming the sky is falling when it comes to preparing for retirement. No one really knows how ... Continue reading this article…

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Will China Make Americans Better or Worse Off?

by Flexo

Due to increasing skills and knowledge worldwide as well as labor costs that are a fraction of costs in the United States, there is some fear that the competition will mean less prosperity for people of my generation and younger. The concern is the younger generation may not be able to live as “well off” ... Continue reading this article…

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Fall Has Ended For Me

by Flexo

This has been the final weekend scheduled for me to volunteer with a certain organization. Since the end of September, one day a weekend — sometimes two days — was spent running marching band competitions for various high schools throughout New Jersey and New York. Normally I get a lot of personal satisfaction from organizing ... Continue reading this article…

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Commissions Still High

by Flexo

A quick side note: Did you know you could subscribe to Consumerism Commentary? Simply use this RSS link in your favorite reader, such as BlogLines! It’s the perfect way to be sure you don’t miss anything. In general across a broad variety of services, competition has been driving commissions down. The internet has certainly helped ... Continue reading this article…

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Teaching Kids About Money, Part 3

by Flexo

I am/was a musician, so the next story from Yahoo’s feature was of particular interest to me: The cost of raising a rock star. I never wanted to be a rock star; I was more interested in teaching music. But the article lightly touches on the importance of encouraging the study of arts. Here is ... Continue reading this article…

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What Are You Afraid Of? Part 2

by Flexo

Earlier, I posted a summary of the first half of Money Magazine’s newest feature, Your Six Biggest Money Fears. In the feature, six general fears regarding personal finance are discussed and debunked, and for each an alternate concern is posited. Outsourcing makes many white-collar Americans concerned about their job. Still, it’s mostly blue-collar jobs that ... Continue reading this article…

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That Time Of Year

by Flexo

It’s gotten a little bland around here, I know. I’ve been working my ass off at work, and just about every other moment of my life is spent working on some random project, researching or writing papers for school, or spending time with my lady. I don’t get much sleep. I’m on the board of ... Continue reading this article…

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The Urge to Merge

by Flexo

According to the New York Times, Bank of America is buying MBNA. This is another reason why consumers should avoid carrying a balance on credit cards if they are being charged interest. As more credit issuers merge, there will be less competition. With less competition, annual fees and interest rates will rise. Update: CNN answers ... Continue reading this article…

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