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Do You Need 80% of Your Current Income in Retirement?

by Flexo

If you’re planning for retirement, you might be concerned with determining how much income you’ll need to support your current lifestyle. I’ve seen 80 percent tossed around as this magic percentage. That is, if you make $100,000 in your current lifestyle (and manage your expenses appropriately), the fewer expensive you’ll have in retirement mean you’ll only ... Continue reading this article…

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Consumerist Roundup

by Flexo

Dude Busted For Running An Illegal Bank For Tax Evaders From His Suburban Home Today’s lesson: don’t give your money to someone you don’t know who runs a “bank” out of his house. Oh, and you’ll get caught if you try evading taxes. Shop Around for Student Loans Summarizes a New York Times article: start ... Continue reading this article…

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The Carnival is Up!

by Flexo

Thanks to We’re In Debt for hosting the 98th edition of the Carnival of Personal Finance. Here’s a taste of some of the great articles that were submitted this past week: My Current Bank Account Setup To Maximize Interest Jonathan from My Money Blog simplified his savings to make the most out of high savings ... Continue reading this article…

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Review: Excuse Me, Your Job is Waiting by Laura George

by Flexo

Excuse Me, Your Job Is Waiting: Attract the Work You Want Laura George (7/10) A few days ago, I finished reading Excuse Me, Your Job Is Waiting, by Laura George. This book follows in the footsteps of another, Excuse Me, Your Life Is Waiting. The premise of both books is the “law of attraction,” which ... Continue reading this article…

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Weekly Blog Roundup

by Flexo

Here are some interesting articles from the MoneyBlogNetwork and beyond. MBAs Don’t Prepare Managers for Real-Life Challenges The process of getting an MBA is more about the connections you make than learning how to deal with real-life management problems, apparently. This is true about most degrees. In school you learn fundamental concepts and theories, but ... Continue reading this article…

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4 (Plus 1) Great Credit Cards Offering 0% on Purchases

by Flexo

For people who are responsible with managing money, sometimes it makes sense to pay for large purchases with a 0 percent APR loan or credit card. The reasoning is fairly simple. If you have a card that is offering an introductory rate of 0 percent on purchases, and if inflation for the year is running 3 percent to ... Continue reading this article…

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My Next Step: Two Bedroom Condo or More Renting?

by Flexo

Those who have been following my travails closely may have a feeling I might need to start contemplating my living situation. About a year ago, a chronicled my adventures looking for an apartment with my girlfriend (one, two, three, four, five, and six) which ended unsuccessfully and with a bit of a scuffle with the ... Continue reading this article…

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Consumerist Roundup

by Flexo

Hey Bank of America! Your ATM Gave Me A Fake $20 Wealth Junkie (who has a blog) received a fake $20 on a routine ATM trip, and didn’t know it was fake until a Costco employee informed him. He brought it back to the bank and they apologized. What is a Secured Credit Card? People ... Continue reading this article…

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