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The Rich Can Teach Us A Thing Or Two

by Luke Landes

Here are five lessons we strugglers can “learn” from millionaires, according to Liz Pulliam Weston at MSN Money. How are the rich different than the “rest of us?” Let me enumerate the ways: 1. They give away more. Households with more than $500,000 of investible assets give away 6 percent of their incomes. I’m not sure ... Continue reading this article…

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Personal Finance Bloggers, Please Read

by Luke Landes

This is a post just for personal finance bloggers, so others may not be too interested. I’m building a new service and I’d like to do it in partnership (think “group ownership” with everyone having an equal role) with several other people. I’ve already assumed the risk (purchased the domain name) but I’d like to ... Continue reading this article…

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Teaching Kids About Money, Part 2

by Luke Landes

Previously, I mentioned Yahoo Finance’s latest feature on teaching children about money. This post continues with that feature. Lynne Ticknor acknowledges that schools often don’t have the resources to teach classes beyond core curriculum. Personal finance classes are therefore difficult to find in public schools. Thus, the responsibility falls on the parents, who as many ... Continue reading this article…

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Carnival of Personal Finance #19

by Luke Landes

Welcome to the Carnival of Personal Finance, 19th edition! You are visiting Consumerism Commentary, a website where I discuss my personal finances with links to related news with commentary every once in a while. Here is a little about me and this website. You can browse my latest updates or start with the “Best Of ... Continue reading this article…

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Saving With Low Income, Part 3

by Luke Landes

In this series, I’ve been taking a look at MP Dunleavey’s article offering a plethora of ways to save when income is tight. Here are more of the suggestions submitted by users and compiled by the article’s author. Part One is here and Part Two is here. * Buy generic instead of brand-name products. The ... Continue reading this article…

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Purchased a Bed

by Luke Landes

I made a purchase yesterday that will hopefully improve the quality of my life considerably. My girlfriend and I decided to split the cost of a new bed. For the last several years, I’ve been sleeping on a twenty year old bed. I purchased the mattress, box spring, and frame from the father of a ... Continue reading this article…

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Best Auto Resale Value

by Luke Landes

Kelley Blue Book has announced survey results awarding several cars that offer the best resale value (for 2006 models). The survey presents the winners as best in class and top ten overall. The 2006 version of my Honda Civic didn’t make the list, but one of its relatives did. BMW/Mini won the top award for ... Continue reading this article…

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Kids Want The Darnedest Things

by Luke Landes

Is your kid a spoiled brat? When I was young, I generally got what I wanted from my parents. They were lucky that the things I wanted weren’t much. (Though they were upset when I’d rack up lots of long distance phone charges with the modem while calling BBSs.) Many parents struggle with not buying ... Continue reading this article…

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