Oct
23
Magical Thinking
October 23, 2008 | 3 Comments
Do you blame your problems on somebody else? The sub-prime mess is either Clinton's, Bush's or Congress's fault depending on who you believe. Most of our problems are caused by magical thinking. Magical thinking is 1 + 1 = 3. Magical thinking says giving poor people houses is a good idea. You need to remove [...]
Jul
24
The Parable of Wealth
July 24, 2008 | Leave a Comment
A parable is a fable or short moral story. I came across this parable from a source unknown. It's a great way to explain why some people who appear wealthy really aren't and why some who appear poor are just the opposite. The Fishermen Mark and John are both fishermen in a small village. Mark [...]
Jul
18
How Uninformed Investors Keep the Stock Market Moving
July 18, 2008 | Leave a Comment
I used to wonder how the stock market works. After all if everyone trading stocks is rational how can so much money be made and lost? However, so many diverse people and organizations own stock that they are always buying and selling and not necessarily for the best reasons. I was having lunch with a [...]
Jul
17
Why You Shouldn't Buy a New Car
July 17, 2008 | 5 Comments
With dealer incentive programs and 0% interest deals, car dealers are constantly trying to sell new cars. That's fine, someone needs to buy new cars. However, the wealthy know that you should never buy a new car. Find out why. What Do the Wealthy Know that You Don't The wealthy know that you should never [...]
Jun
16
IRS Withholds $842 Million in Stimulus Payments
June 16, 2008 | 21 Comments
If you're missing your stimulus check, you're not alone. The IRS is withholding $842 Million from stimulus payments. How do you know if you're stimulus payment will be withheld? According to this CNN/Money article, stimulus payments have been withheld from 1.5 million people. Over 50% of the money has gone for back child support. About [...]
Jun
11
7 Signs It's Time To Quit Your Job
June 11, 2008 | 32 Comments
Americans change jobs frequently these days. However even with our job mobility, it's easy to stay at a job too long. Here are 7 signs that indicate it's time to quit your job. You Hate Going to Work Do you dread your morning commute? How soon do you start thinking about going to work on [...]
Jun
6
Are We Spending Too Much On Our Children?
June 6, 2008 | Leave a Comment
The media tells us we aren't spending enough time with our kids. However, I'm beginning to wonder if we're not spending too much time and money on our children. The idea of spending too much time (or money) and our children seems ridiculous in this modern age of child first living. Aren't we supposed to [...]
May
20
5 Ways to Save Money On Gas – Gas Prices – Part 4
May 20, 2008 | 4 Comments
Gas prices are at record highs. If you've filled up recently, you probably felt a little sick after dumping $50 or more into your gas tank. Gas prices are high, but there are a few things you can do to save yourself a few bucks. This is the 4th article in a multi-part series on [...]
May
12
The economic stimulus package payments are on their way to millions of Americans. The IRS has gone out of it's way to ensure everyone knows about it. Those with low incomes can file their taxes online for free just to qualify for the stimulus payment. But what if you make too much and how much [...]
May
6
It seems a lot of people still have questions about how the amount of the stimulus payment is determined. The IRS provides a calculator on it's web site. So it's easy to find out how much should should get, but it's not so easy to see why you are getting that amount. The IRS Stimulus [...]