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With so many breaking news during the past few months, it seems almost “weird” that this week was relatively calm! No huge bailout, no banks failing and no new economic disasters! Is this the calm before the storm or is the worst behind us? Only time will tell!
- Actually, maybe there are news. My Two Dollars discovers that AIG has already burned through 3/4 of the $123 billion loan it’s gotten from the government!
- My PFN buddy Clever Dude is going to Israel! It was odd to hear that the travel agency didn’t know how much the fuel and surcharge fees will be until last minute. I’m sure the reasoning is that these prices fluctuate but I don’t know how I will feel if I’m suppose to make a decision on a purchase when I dont’ even know what the final price will be!
- Squawkfox asks for our 3 worst financial mistakes! Hop on over to see what everyone responded with!
- Blunt Money lists several things that everyone should know about personal finance!
- Want to know a little about asset allocation? ABCs of Investing tells you what he thinks!
- Canadian Capitalist managed to find some humor about the current credit crunch. It’s pretty funny so go check it out!
- Haven’t heard about this for a while but Lazy Man has a post on Prosper. I actually haven’t really logged into my Propser account for months. Perhaps I should do so now!
Carnivals
- Festival of Frugality
- Carnival of Personal Finance
- Money Hacks Carnival
- Carnival of Debt Reduction
- Bankruptcy and Debt Carnival
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{ 5 comments… read them below or add one }
The travel agency DID know the cost estimate based on pricing when they issued the package, but since agencies don’t buy the tickets until they’ve either collected all the money or some certain cutoff date, they’re subject to the whims of the airline. They were off by about $60 per ticket, but yes, the fact that the airline increased their fees when gas prices are falling is crazy.
However, the explanation is that airlines purchase fuel much differently than we purchase the gas for our cars. They enter into contracts months in advance and can only take advantage of lower fuel prices when those contracts expire. I guess we’re paying for their mistake of assuming prices would stay high, but did anyone really think they would drop this much?
Thanks for the mention MN. I hope the storm sticks around. I want to keep investing!
Only a few short days till you blog full time… yay! Thank you so much for the linky love!
Clever Dude: But a few months ago they were blaming the high fuel prices as the reason they have to hike fares too. Always excuses!
CC: Bold comment! I am sure you will do well in the long term!
Squawkfox: Yup last week!
I’m wearing jeans right now when my friends are wearing ties!!
The humor/jokes were good! Thanks for the links/chuckles!
Make this last week special - savor the moments! Take photos
ENJOY!!!