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Here are some of the articles that sparked my interest this week from around the personal finance blogosphere, including the MoneyBlogNetwork.
Is It Possible Americans Are Saving More Than We Think? JLP asks this question because he’s concerned about the formula used by the government for calculating how much individuals “save.”
Renting Out Your Creditworthiness. Mighty Bargain Hunter writes about the proliferation of people with good credit allowing people with bad credit to piggyback on their loans or credit cards in order to raise their credit score and build better credit… for a fee. As a result FICO may change the way they calculate credit scores to discourage this activity.
How I (My Fiancee Really) Got a Wii. Through more work up-front, Jim was able to get a Nintendo Wii without fruitless trips to the store or waiting in line. When I bought a Wii in April, I stood in line outside Toys-R-Us for a half hour or so, and it wasn’t so bad.
Honda to Discontinue Accord Hybrid. Nickel notes that this version of the Accord did not generate enough sales to continue to line. It seems to me that those individuals who are interested in hybrids are more apt to purchase Civics.
It’s Hard to Save Money on $250,000 Income. FMF posted a response to a MoneyCentral article that I wanted to respond to as well this week. It’s another reminder that income is only part of the equation when it comes to financial well-being.
But wait, there’s more!
* Get Rich Slowly: How to Start a Roth IRA and Where to Do It
* No Credit Needed: Drip, Dip, Drip Your Way Out of Debt
* Money, Matter and More Musings: What Have You Got Against Credit Cards?
* Boston Gal’s Open Wallet: Harvard ’07 Men Make More
* Lazy Man and Money: Efficient Frugal Shortcuts
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Updated July 28, 2014 and originally published June 9, 2007.