I love rules. In fact, the more restrictive the guidelines, the better.
It’s not that I like someone telling me no. But I just love trying to find a way around restrictions. Every time someone tells me how I’m not supposed to be able to do that, I always respond with “please tell me which rules I’ve broken”.
This time though, I don’t think I’ve just stretched a rule of the personal finance world, because I actually broke one. Not only did I buy a cup of latte, I kept buying them for the past few weeks.
Am I screwed?
[ continue reading… ]
My wife used to compliment me whenever I communicated in Mandarin. She doesn’t anymore.
Not that there’s anything wrong with that though, because I couldn’t speak it back then and I could now carry a decent conversion using the language. In a short few years, she got used to hearing me speak in Mandarin (or at least my version of it).
[ continue reading… ]
If you watch the news you have probably heard a lot about dollar depreciation these last few months. As part of the economic stimulus package, the Federal Reserve has had to keep interest rates at historic lows (thereby making the “price” of dollars very cheap) while borrowing enormous quantities of money from foreign and domestic lenders. These actions have weakened the dollar against several foreign currencies.
As a savvy investor, you should be worried about the decline of the dollar, because this directly hurts the value of your paycheck. However, like everything else in life, economic trends have two sides to them. In our case, dollar depreciation can actually be your opportunity to invest in other currencies. Even if you’re not particularly concerned about the recent decline, investing in foreign currency will help you to diversify your portfolio, which is always a good idea.
[ continue reading… ]
Coupons, coupons, coupons. Gotta love those savings… right?
It’s a safe bet that most of us who read this blog love coupons. We routinely check our newspapers for special offers, and we refuse to make purchases without searching for discounts because we are very careful with our personal finance. I like coupons and saving as much as the next guy, but lately I have been feeling the effects of coupon invasion.
[ continue reading… ]
Even a broken clock is right twice a day.
Oh I bet you heard that before, but imagine with me for a second that you are paid every time that broken clock shows the correct time. Now, let’s also say that you are able to hit a button to randomize the time on that clock as many times as you want and when it hits the correct time, you get money.
What would you do?
[ continue reading… ]
If there is anything more beautiful than the sight of a mother holding her newborn, I don’t know what it is. For many years I worked as a labor and delivery coach, and one thing I heard all the time was “How do I manage all the diapers and baby supplies without spending a fortune?”
[ continue reading… ]
