Why I’m Not A Big Penny Pincher

September 30, 2011

Anyone who really knows me, is well aware that I’m a spender. Penny pinching isn’t my thing. That isn’t to say that I’m flinging money about like water. What it does mean, though, is that I don’t go out of my way to save a few cents — or even to save a few dollars. [...]

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Are You Saving So Much Money That You’re Nearly Bankrupt?

September 29, 2011
Saving Into Bankruptcy

I was reading a post over at Author Thomas J Stanley’s blog of “Stop Acting Rich” fame. He was talking about how the mindsets are so different for people who merely act rich – and those who truly do have a high net worth. Those who have a “millionaire mindset” are far more often to [...]

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Are Your Emotions Getting In The Way Of Your Financial Success?

September 23, 2011
Emotions and Finances

It’s impossible to completely keep emotions out of finances. After all, money is related to a number of emotions, especially fear and excitement. While it might not be advisable to completely eschew all emotions, you do need to acknowledge how they affect you — and watch out for indications that your emotions could be getting [...]

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Grandparent Scam Strikes Again

September 20, 2011
Grandparent Scam

Put yourself in the shoes of a caring Grandmother. Let’s say one day you receive a call from your grandson telling you they’ve been in an accident and are being held in jail in the Dominican Republic. They want you to keep their little debacle a secret but they need you to wire money to [...]

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How To Deal With Regular Bills When You Have An Irregular Income

September 19, 2011
Cushion Fund

When your income doesn’t come in 24 equal payments spaced evenly throughout the year it can be hard to make a budget. Unfortunately, this is a fact that a lot of people deal with in their life. There are a lot of industries where the pay is great in the summer time and then tapers [...]

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Are You Seriously Committed To Saving, Or Still Committed To The Short-Term?

September 18, 2011

People can’t stop talking about the possibilities of a second recession, which may very well be redefined as the continuation of what becomes the broader-defined Great Recession of the decade. Between talks of European economic crisis and American debt doom, the average man and woman who have to deal with these realities are talking about [...]

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Hedging Market Risks To Your Retirement

September 16, 2011
Hedging Market Risks

The current stock market volatility has many wondering how market risks could affect their retirement prospects. Many almost-retirees found, to their dismay, that the market crashed, wiping out retirement portfolio values, just before they needed that money. While the market has been recovering since 2008, the fear of what happens “next time” has many wondering [...]

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The Great Depression Ahead And What You Can Do To Survive

September 14, 2011
The Great Depression Ahead

You may have never heard of economist and wealth manager Harry Dent but many students of the economy have. Harry Dent wrote, The Great Boom Ahead, which predicted the financial bull market of the 1990’s. He also predicted that the 2000s would see the Dow Jones Industrial Average soar to 40,000 but later revised that [...]

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Fixed Mortgage Rates Fall To Six Decade Low, But Few Can Take Advantage

September 12, 2011
Low Mortgage Rates

If you’re looking to buy a home or refinance anytime in the near future you may have been happy to hear the news this past week that mortgage rates are now at the lowest levels in years. It is good news for those looking to buy, but there is a big caveat. Not everyone will [...]

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Roth IRA: Emergency Fund?

September 8, 2011
Roth IRA Emergency Fund

I recently found out that one of my associates uses her Roth IRA as an emergency fund. Rather than put money into a low yield savings account, or some other cash account, she uses her retirement account as an emergency fund. Technically, the basics of a Roth IRA are conducive to this arrangement. However, you [...]

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How We Paid Cash For Our New Car

September 6, 2011
Paying Cash For Cars

Over the past 3 weeks my wife and I have been searching for a new car. We hadn’t originally been in a hurry to buy a new car, but an opportunity presented itself where we could sell our current car, a 9 year old Honda Civic, at a decent price to a family member. The [...]

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4 Side Hustles You Can Start If You Have A Pick-Up Truck

September 2, 2011
Side Hustles With A Pickup

When it comes to finding more money in your budget, there is only so much you can do to cut your spending and live frugally. At some point, you might find that you can’t cut anymore — or that you don’t want to (after all, life is about living, too). This is when it becomes [...]

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