personal finance

Welcome to the Real World - My Best Advice for New Graduates

Posted 2 weeks 6 days ago by Xin Lu

Personal Finance, Career and Income, General Tips

I graduated from college just three years ago, so the confusion and anxiety I felt after graduating college is still quite fresh in my mind. I moved out of my parents' house a week after graduation and started at my new job, and since then I have learned a lot of things about the "real world". Here are some of my best advice for you new graduates who are transitioning from the safe structured environment of school to a seemingly infinitely larger world.

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The Costa Rica Lesson: Awwwwwww They Got Me

Posted 4 weeks 4 days ago by Jabulani Leffall

Life Hacks, Lifestyle, Art and Leisure

All Aboard?

Get Travel Insurance before you go anywhere. Have and not need it. No really trust me.

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Friends Don't Let Friends...

Posted 5 weeks 4 days ago by Xin Lu

Personal Finance, General Tips

In the past few decades the Ad Council has been running an ad with the tag line "Friends Don't Let Friends Drive Drunk". This ad campaign has been instrumental in decreasing drunk driving fatalities and almost every American has heard it at one time or another. What if this ad were applied to mistakes people make in personal finance? Here are some possibilities...

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Sittin' on Dubs: The Andrew Jackson Proposal

Posted 11 weeks 1 day ago by Jabulani Leffall

Personal Finance

Dubberific

Twenty dollars isn't what it used to be and for that matter, given recent events, neither is $100, $1,000 or $10,000. With consumer confidence waning, why not get your swagger up and stretch your imagination as well as your weak American currency. Have some fun while you're at it.

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Why You Should Donate a Blood Sucking Timeshare

Posted 11 weeks 4 days ago by Xin Lu

Personal Finance, Frugal Living, Lifestyle, Taxes

My parents always told me that buying a timeshare is a bad idea because of the inflated upfront cost and perpetual maintenance and exchange fees the timeshare companies pile on. It is also quite difficult to sell a timeshare you no longer want because there is usually a giant supply of them on the market. If you do want to get rid of a money sucking timeshare, donating it may be the most economical option.

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Could a Divorce Improve Your Finances?

Posted 13 weeks 4 days ago by Xin Lu

Personal Finance, Taxes

When I was single, I thought that getting married would reduce my expenses greatly, and after I got married I realized that in some instances married life is actually more expensive . In general, divorces are extremely costly and detrimental events, but ironically there are so many laws pertaining to marriage and finances that could make a divorce financially advantangeous for a committed couple. Here are some of the bizarre examples I have read in the news recently.

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Killin 'em Out There: The School Clothes Conundrum

Posted 20 weeks 1 day ago by Jabulani Leffall

Frugal Living

How do you break the cycle when social engineering and personal spending habits that are as unique as your genetic coding, are emptying your pockets? For some people, it is grocery hoarding, for others, it’s electronic gadgets, rare wines, DVDs, classic cars, cigars, designer shoes, watches. What do you do to regroup when you realize that purchases that have defined you are for the most part unnecessary?    

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25 Things I Don't Want to Regret Once I Retire: Take Two

Posted 23 weeks 3 days ago by Anthony Marrone

Personal Finance

Since posting the first part of my list of 25 ideas and goals that I want to live by and be able to look back on with pride when it comes time for me to "hang it up". I've reformed the list in the past couple days, especially after reading all of your great comments. Without further ado, the exciting conclusion of "25 Things I Don't Want to Regret Once I Retire"

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Miser v. Stunna: A Case Study

Posted 25 weeks 1 day ago by Jabulani Leffall

Frugal Living

Don't splurge, don't hoard

Miserly is derived from a Latin term that means "wretched." It is the linguistic blood relative of miserable. Stuntin' is when you spend too much money and when material goods define who you are. When managing your loot, you might want to get in where you fit in, somewhere between these two definitions. Find a happy medium because you can't take it with you when you're gone. At the same time, you can't  take it with you if you're broke and want to go somewhere.

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Common Currency: A Primer

Posted 26 weeks 4 days ago by Jabulani Leffall

Frugal Living

These postings will pertain to the economy of life, which is all about personal alternatives that shape our financial world. Common Currency isn't your father's pesonal finance blog. This is mostly because when your father came of age, Al Gore hadn't invented the Internet yet but in practice this means that you won’t get me to lying or falsely waxing about the latest, greatest mutual fund.

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Personal Finance Lessons from Online Adventure Game (RuneScape)

Posted 39 weeks 2 days ago by Julie Rains

Personal Finance

woman playing runescape

A friend shared with me some strategies he’s learned for playing RuneScape. It's set in the medieval times, and involves creating a character, building skill levels, acquiring assets, and completing quests. There can be quite a bit of interaction among players: some are friendly and helpful; others, dangerous and dishonest. Can these strategies be applied to personal finance? Let’s see.

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Stash Your Cash: Using Tax Relief Programs for Big Savings

Posted 46 weeks 5 days ago by Myscha Theriault

Taxes

If you’re like many people, the mere mention of taxes makes your eyes cross and your brain turn to mush. Recently though, I ran across some powerful information regarding tax relief programs the average person can apply for on their own.

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Twelve Ways to Become Rent or Mortgage Free

Posted 49 weeks 12 min ago by Myscha Theriault

Real Estate and Housing

If you are trying to reduce your monthly overhead, one of the most significant line items for anyone (in addition to groceries and transportation) is the monthly cost of physically having a roof over your head. Following are one dozen suggestions for making this recurring monthly expense virtually disappear.

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Book review: Your Money or Your Life

Posted 49 weeks ago by Philip Brewer

Filed Under: Personal Finance

Your Money or Your Life cover

Your Money or Your Life by Joe Dominguez and Vicki Robin.

This book is one of the classics of modern frugality, and it's been a source of some controversy. At the bottom, though, its message is a simple one: Pay attention. Pay attention to how you spend your money. Pay attention to what you have to do to earn it. Having paid attention, think about whether whether your time and money are going where they ought to.

Continue reading "Book review: Your Money or Your Life"

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