We witnessed a very crazy day for the stock market yesterday. The DOW plunged 800 points only to come roaring back to close down 370 points. It was breathtaking for many of us because we were glued to our TV (and computer screen) as the stock market kept on going down but for some of […]
2008
Recently, I started to make bigger purchases around the middle of the month because I found that I can save more money this way. Most of you are probably a little puzzled by what I just said so let me explain this a little further. Credit cards have a statement date where they will calculate […]
Never mind the stock market, never mind the oil prices and never mind whether the government buying mortgages is a bailout for Wall Street or a rescue of Main Street. At the end of the day, the most important contributing factor to our individual ability to live comfortably is having our job. Today, I want […]
Update: Congress did not pass the bailout.. More details to follow. The $700 billion bailout plan designed to buy toxic mortgage securities has been finalized by the lawmakers and the bush administration over the weekend. Now that the only hurdle remains a vote on congress, it seems to likely pass. Here are some of the […]
I remember when we were looking at a house about 18 months ago, the real estate agent would show us a house that is $500k, then one at $550k and another at $600k. On the seller’s perspective, this is called up-sell (which I’ve covered before here). This time around, let’s talk about the consumer’s (our) […]
As I get ready to become a full time blogger, I’m finding more and more accounts and potential gotchas that I need to take care of before it’s too late. I’ve hence come up with a checklist to remind myself to find a solution to everything still outstanding so my finances won’t be affected unexpectedly. […]