Archive for the ‘Money News’ Category

Smart Guys Ruined Wall Street

Huh?  That was my reaction when I saw this in the New York Times today.  Check out the article, it’s pretty interesting.
“One of the speakers at my 25th reunion said that, according to a survey he had done of those attending, income was now precisely in inverse proportion to academic standing in the class, and [...]

October 14, 2009  Tags: , ,   Posted in: Banking Accounts, Money News  One Comment

New Appliances, Courtesy of Uncle Sam

My washing machine has been leaking and breaking down all summer long.  First it was the valve in the back- water was dripping into the drum because of a bad seal.  Then last week, I went down to the basement and saw it was stuck on the rinse cycle.  The sensor that told the machine [...]

August 25, 2009  Tags: , , , ,   Posted in: Discounts, Money News  One Comment

Think Before You Spend: Using WEALTH as a Guide

Hair woes for one contributor at Get Rich Slowly resulted in a handy acronym that she shared in this post.  Here is how the acronym works.  Before you make a purchase, think about the following factors and decide whether you truly need the item:

Want or Need
Ego
Add-ons
Lifestyle
Time

Happiness

The contributor created this acronym after splurging on a new [...]

August 18, 2009  Tags: , , , , ,   Posted in: Money News, Want vs. Need  No Comments

This is What Frugal Looks Like: New Series at Almost Frugal

Check it out!  Kelly at Almost Frugal has launched a new series called “This is What Frugal Looks Like”.  This week’s article in the series features yours truly.  Kelly has interviewed different folks to get their opinion about frugality and how it pertains to their everyday lives.  Here are the questions I was asked:
1. What [...]

August 13, 2009  Tags: , , , , , ,   Posted in: Frugal or Cheap?, Money News, Spending Zero Dollars  No Comments

The Luxury of Laziness

One of my friends spends her entire Saturday morning shopping for groceries.  Each week, she scans the grocery ads that come in the mail, looking for deals.  Then she plans out which stores she will hit for these discounted items.  Grocery shopping takes her and her husband about 4 hours every weekend and they often [...]

August 12, 2009  Tags: , , , , , , , , , , , , , ,   Posted in: DIY, Money News, My Progress, New Spending Habits, Spending Zero Dollars  No Comments

What If Something Bad Happens? Part Three

So let’s assume the worst, because it’s fun.  If I lose my job tomorrow, I wouldn’t be able to pay down my debt, pay my monthly bills, or even afford food.  And I might not even see any unemployment checks from the state any time soon.  Basically, I would go completely broke pretty quickly.  But [...]

August 10, 2009  Tags: , , , , , , ,   Posted in: Banking Accounts, Credit Cards, Money News  No Comments

Could You Save $1,000 in 30 Days?

I read this post over at I Will Teach You to Be Rich.  I’m already trying to save about this much money each month, but could you?  If you needed to, could you completely give up luxuries like cable, internet, and an air conditioned house?
It’s an interesting challenge because it pits our love of saving [...]

August 5, 2009  Tags: , , , , , , , ,   Posted in: Banking Accounts, Money News, Spending Zero Dollars, Want vs. Need  2 Comments

Old Checking Accounts, New Overdraft Fees

Before you write your next check or make a debit purchase, you might want to check your account balance online.  Banks are adding new overdraft fees, and they don’t have to warn you.  According to the Smart Spending money blog, “bankers are hiking fees, adding new fees, and shortening time limits to trigger fees” and [...]

July 29, 2009  Tags: , , , , , , ,   Posted in: Banking Accounts, Money News  No Comments