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Deciding to Go Back to School

by Luke Landes

Once in a while, we talk about the Master of Business Administration (MBA) degree here (see Is the MBA Worthwhile? and Good Time to Be an MBA). Free Money Finance had a discussion this week about going back to school as well. How do you know if going back to school is the right thing ... Continue reading this article…

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Emergency Funds, Doing Okay?

by Luke Landes

We hear all the time how Americans are not saving enough for emergencies. The “Emergency Fund” is heralded as the first step in getting a sound financial footing, before thoughts about investing in stocks or making large purchases enter the brain. The idea of putting aside cash for a (very) rainy day has been a ... Continue reading this article…

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Stupid Investment of the Week

by Luke Landes

On MarketWatch, Chuck Jaffe presents his Stupid Investment of the Week. In this case, it is the STAR Trader Workshop. If workshops like these have superfans, I am the farthest from one. Luckilly, Chuck lost only time and not money by attending an introductory workshop. This seminar, as advertised on television infomercials, is supposed to ... Continue reading this article…

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Carnival of Personal Finance #8

by Luke Landes

Welcome to this week’s Carnival of Personal Finance (basic introduction, schedule) and welcome to Consumerism Commentary (about, best of) to any new readers! This is the eighth installment of the Carnival. In this issue: Designer Pets. Free Money Finance discovers the latest craze for dog owners, crossing poodles with other breeds, giving us wonderful breednames ... Continue reading this article…

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Time to Quit Your Job

by Luke Landes

How do you know when it’s time to quit your job? I’ve left jobs before, whether it was because it was time for me to do something else or because it was due to a “mutual agreement to move in separate directions.” But how do you know if you’ve stayed too long in a less-than-ideal ... Continue reading this article…

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Money Clubs?

by Luke Landes

Marshall Loeb mentions the popularity of money clubs, akin to the investment clubs of the 1990s. Much like other sorts of support groups, money clubs offer the unique opportunity of belonging to a group of people with similar desires, who can encourage, inform and brow-beat you as needed. (This sounds very much like the community ... Continue reading this article…

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Extreme Frugal Living and Farming vs. Hunting-Gathering

by Luke Landes

More accurately, it’s extreme poverty. That is the best way to describe living on one dollar a day in a pre-industrialized (farming) community. Now imagine this family, earning one dollar a day, has six children to support. Forget about television (much less cable) and internet. Forget about cell phones (or any phone, for that matter). ... Continue reading this article…

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Can’t Buy Me Happiness

by Luke Landes

Here is some common sense from Jeanne Sahadi: If financial success is important to you, and you are not as successful as those around you, you are not going to be as happy as someone who doesn’t care as much about financial success. In fact, setting financial success as a goal can make some people ... Continue reading this article…

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