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Thank You For Supporting The Troops (of the Spanish-American War)

by Flexo

Good news! The Spanish-American War is over. Mission accomplished! We can now stop paying the government for it. There has been a 3 percent tax added to long distance telephone service charges since 1898, before income tax took effect. The funds from this tax were used to pay for that particular war. While it seems from ... Continue reading this article…

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Lose Your Money In Three Easy Generations

by Flexo

Here’s an interesting statistic: Nine out of 10 affluent families will lose their wealth within three generations. The article describes some steps you can take if you happen to be in one of those wealthy families to help your money last for centuries. It seems to come down to passing along values in addition to ... Continue reading this article…

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Bag-Lady Syndrome

by Flexo

Many of us fear that our financial security, or what we have of it, could disappear in a moment. Even wealthy people share this fear. It might not be unfounded. Jay MacDonald from Bankrate writes about bag-lady syndrome, a curious feeling plaguing women. Women tend to be unprepared and overwhelmed when widowhood or divorce suddenly ... Continue reading this article…

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A Look At The Number, Part 5: Your Passion

by Flexo

This is Part 5 in a series about The Number by Lee Eisenberg. Part 1 is here, Part 2 is here, Part 3 is here, and Part 4 is here. The third and final section of The Number is about discovering your Number, the net worth or yearly income required to live independently of working. ... Continue reading this article…

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Carnival #20!

by Flexo

The Carnival of Personal Finance has reached issue #20, and is hosted this week by WealthyWeb. All of the articles submitted and included are worth reading, but particularly these: * 2million realized that 0 percent balance transfers (like the one I attempted) have a negative affect on a credit score. * When it’s not rabbit season ... Continue reading this article…

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Carnival of Personal Finance #19

by Flexo

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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Carnival of Personal Finance #8

by Flexo

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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Web-Based Financial Planning

by Flexo

I received an email last week from Bryan Link who requested I take a look at a start-up he runs called SimpliFi. The site contains an automated financial goals planner. A Flash-based application bases its evaluation on an interview designed to determine the user’s financial status and goals, adjustable assumptions, and its internal forumlas. Most ... Continue reading this article…

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