Sep
18
Trade your old electronics for cash
September 18, 2009 | Leave a Comment
Need money? Have a drawer full of old electronics? Gazelle.com will give you cash for them. The start-up launched in 2006 and gladly pays cash for used electronics. Anything from LCD TVs to video game consoles and cell phones. They then either resell or recycle them. Just log on to the site and answer a [...]
Oct
29
Securitization – Good Idea Gone Bad or What Just Happened
October 29, 2008 | 1 Comment
I used to work for a credit card/finance/mortgage company. I always wonders how they got around the capital requirements I learned about in Money and Banking class. Well know I finally understand the big picture. Most of the expansion in the last 20 years has been a result of securitization. What the Heck is Securitization? [...]
Jul
22
When Is It Time To Get a New Car?
July 22, 2008 | Leave a Comment
Is your car costing you too much money? Do you see your mechanic more often than you'd like? When is it time to buy a new car? I'm quite frugal. I don't purchase new vehicles. I buy used cars and I pay cash. However, older cars do have drawbacks. I don't really care about body [...]
Apr
23
Why Debt is Risky
April 23, 2008 | 2 Comments
Debt is bad because with debt comes risk. Debt is risky for businesses and people. Debt, if used correctly, can be powerful tool. However, in too many cases, debt is used improperly and the consequences are unhappiness, stress, bankruptcy and divorce. Attitudes About Debt Have Changed I’ve already talked about how our attitudes about debt [...]