Posted April 15, 2008 - 16:46 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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Posted April 2, 2008 - 14:10 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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Posted February 16, 2008 - 09:24 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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Posted January 24, 2008 - 01:00 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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Posted January 12, 2008 - 12:26 by Jabulani Leffall
Frugal Living
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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Posted January 2, 2008 - 09:50 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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Posted October 5, 2007 - 09:54 by Julie Rains
Personal Finance
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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Posted August 14, 2007 - 05:23 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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Posted July 29, 2007 - 14:03 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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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.
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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