With the current rate of unemployment and the fact that many jobs are still hanging by a thread I want to share with you some ideas on managing your budget during a job transition. For the last decade I’ve worked with the program participants of many outplacement firms. Over the years they have learned from [...]
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Last week, a frugal shopping event for an office chair satisfied me as a learner, frugalist as well as a consumer. What am I talking about? Let me explain.
I’ve been discussing with my wife about a new chair for a while. Mine is old and ripped but more importantly, I was getting [...]
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Searching for a house could be a satisfying but confusing pursuit at the same time! Yesterday, we went to see a bunch of houses in an attempt to nail down the area that we would like to live in (we plan to buy in a year or so) and let me just say that we [...]
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Inheriting a huge sum of money is certainly a dream come true for many of us. Sometimes, we ponder on this idea whenever we watch a show that gives us a glimpse of the super rich. Other times, it happens when our friends get a gift from family ties.
Yet, many of us don’t [...]
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We haven’t even gotten through this crisis yet, and we have another one on the way? Seriously?
That’s what John Bogle–the founder of Vanguard and the creator of the first index fund–would have us believe. And, distressingly enough, the case he makes is pretty convincing.
Last month, Bogle testified before the House of Representatives about the upcoming [...]
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Lending Club Review 2009
Lending Club promises high returns for the average investor through peer to peer lending. With every other asset class doing so poorly during the last few years, this review takes a look at this investment option to see if it’s a better option for our money.
Lending Club is offering a limited [...]
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This is a guest post from Neal Frankle, a CFP who also writes at the Wealth Pilgrim.
“How do I rebalance my portfolio in this crazy market?”
That was a question I received recently in a long email from James. He explained that he was a “moderate” investor. He had a good mix of assets in bonds [...]
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Some people seem to be worried that frugal living is no longer in fashion. That somehow, responsible spending is not the right thing to do anymore when everyone is saying that consumers need to spend in this economy. With so many amazing articles in this edition and such a great audience, I’d just [...]
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This is a guest post from Manshu, author of OneMint.com who started writing articles when he was majoring in finance.
With the economy reeling under a recession, the word that you read quite frequently is stimulus. But what is it? First, let’s explore a few terminologies: recession, GDP, consumption among others.
A recession is characterized by [...]
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For those that wanted to see (many of you did), here are the before and after pictures of my first DIY haircut experience. The before picture was taken two weeks before my haircut was done and the after is right after the haircut (notice that my wife drills the “get me a house idea” [...]
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Every once in a while, I hear a comment about work that goes something like this:
I’m a nobody anyway and what I do is unimportant.
Actually, nothing is further from the truth.
The Story of the Proud Janitor
One of my friends work in the cleaning business and he loves it. I asked him before why he [...]
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The idea that stocks provide fairly predictable long-term returns is one of those fundamental beliefs upon which practically the entire investment industry is based. Lately however, I’ve seen a lot of people questioning the validity of that assumption.
And I can’t blame them. Having your portfolio decline in value by 40% in one year doesn’t exactly [...]
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My mom calls it the re-opening of Ning’s salon, my friends are laughing at the facebook comments, my wife is proud of her work and I’m just relieved that it’s over. Over the weekend, my first DIY Haircut officially concluded.
How the DIY Haircut Came About
It’s funny how working at home changes someone’s priorities. [...]
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This is a guest post from Bill Muhlenfeld, who runs a site that’s focused entirely on college money issues for parents. Learn more at Money Launch My Kid.
No dollar tips or piggy banks here. We’re going to talk about the big numbers.
Are you trying to figure out how you’re going to pay for your kid’s [...]
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