Thanks Jason Kay for the article.
@Ben thanks for introducing to us Safecopy backup.I have just signed up for a paid account.The services are awesome and i love it so much.
It seems that these 2 points : debt-to-income ratio and loan size are very important point to take care of. A lender may take care of it. A borrower may not take a new loan without these parameter
I want to learn how to do without a car and how to get free health insurance. I've learned so much from WiseBread. Thank you to everyone who contributes.
Buying a new machine? vs. optimizing or even Reinstalling? Are you serious?!?!?
It wasn't that long ago (1990s) when everyone who owned a computer knew how to fix these types of problems on their own..
I understand that cleaning up or reinstalling can be quite a chore but come on.. Buying a new computer simply cause you're too lazy to do the things in this article or reinstall everything is (literally) a royal waste of money.
If you STILL wish to ignore the sagely advice here and buy a new comp, please contact me and i'll buy your old system for $100 (and reinstall it with Linux)
sourpickle you are an idiot..this is a great deal and i use it Often..all you Health food loosers can buzz off. you can buy the Value Soda-pop, and Value Fries, for A Buck Each, and get a free whopper. so u only pay $2 (Plus Tax), and get A Drink, fries, and a whopper! u cant beat this! i Love whoppers!!!!!!!!!!!!!!!!!!!!!!!!!!
COME on red meat rules! i eat Whoppers Quite Often..and you can buy the Value fries, Drinks, $1 Each, so u pay $2, get your Coke, fries, and free Whopper..and When u do it they give u A Receipt so u can do it again...you can make a racket out if it!
Agreed with this post...especially the last part. At some point, it becomes very difficult to increase your income, especially if you choose to work for someone else, rather than yourself. My wife and I are early in our careers, so increasing our income is relatively easy right now. However, it is just as easy to decrease our expenses, and truth be told, that is in my opinion the best way to reach financial independence. It is much easier to walk away from full-time work if you only spend $1,000 per month versus 5k or 10k per month.
Wow, now that everyone has listed on the internet all their favorite places to stash it, where will you put it now, since you all have posted it on the worldwide internet?
ROFLOL
I have to totally disagree with this article. I'm a big proponent of exercise and the numerous health benefits it has to offer - including weight loss. From personal experience, every time I start working out again after being in a rut I notice definite improvements in my weight, muscle tone, energy level, and mental attitude.
The trick is to not look at exercise as simply a means to lose weight, but as a means to boost your physical and mental health. Exercise makes me feel better physically, and can also be a great way to bring me into the present and lower my anxiety. If you only equate exercise with weight management and not with physical and mental wellbeing, you're missing a big part of the picture. And I don't think you can put a price on wellbeing.
There are innumerable resources for working women who want to have children, and sadly few for those who don't.
Try being a woman who doesn't want children in a heavily "family friendly" workplace (which most are), or ESPECIALLY when your supervisors are devoutly Catholic, or themselves parents of children. You're treated like a social pariah, and can count on being saddled with extra work and longer hours to pick up the slack for those employees who "have families".
Sorry... no sympathy here for the working Mom. It's the working woman without kids who is going to have to bear your burden, and get none of the thanks.
I think that once you get bitten by the Frugal Bug its addicting to learn new ways to be frugal. I hot the itch about 2 years ago and pour over the internet and library oon new ways to save all the time. Keep bringing on the great information! My favorite is still all the wonderful uses of Vinegar and Baking Soda. Going green and going frugal go hand in hand and that info hit it out of the park for me!
They are a much stronger company at this time....Prosper is almost BANKRUPT!
And the lower rates with Prosper is NOT AT ALL true! Rates can be as high as 36% with Prosper. On top of that....there default rate is about 20%!! At lending club its 2.9%.
Therefore, your going to get much more cost involved overall with Prosper.
Congrats on the great return. I've been investing at Lending Club for a little over one year with 15% NAR thus far. It will be interesting to see the transition of P2P Lending sites like these from the internet savvy and finance minded types into the mainstream.
We've come a long way in becoming frugal, but there are still more steps we could take. I'd love to figure out how to connect our computer to the tv so we could drop satellite. I need to convince my husband that either meal planning or OAMC (once a month cooking) would be a good idea.
(not in Atlanta)
It is absolutely wonderful that people have options now. Before, it used to be that the only option was going to a bank or beg money out of friends and family. Now peer lending offers great rates for borrowers, and allow others to invest the money.
Amazon now has Prime for free if you're a student or a mom. I'm enrolled in two classes at a community college, and I qualified. Free two day shipping for a year! All you need is and edu email address.
Not in Atlanta, and certainly don't know it all! I do think I do a pretty good job with being frugal, but really could use help creating a budget that works.
Great post and insight David! There are many things (peer pressure, comparing to others, etc) that contribute to the more money you make, the more you spend and need behavior pattern. However, if you spend smarter and make wiser financial decisions you can live on less and have more financial independence.
Thanks Jason Kay for the article.
@Ben thanks for introducing to us Safecopy backup.I have just signed up for a paid account.The services are awesome and i love it so much.
It seems that these 2 points : debt-to-income ratio and loan size are very important point to take care of. A lender may take care of it. A borrower may not take a new loan without these parameter
I want to learn how to do without a car and how to get free health insurance. I've learned so much from WiseBread. Thank you to everyone who contributes.
Buying a new machine? vs. optimizing or even Reinstalling? Are you serious?!?!?
It wasn't that long ago (1990s) when everyone who owned a computer knew how to fix these types of problems on their own..
I understand that cleaning up or reinstalling can be quite a chore but come on.. Buying a new computer simply cause you're too lazy to do the things in this article or reinstall everything is (literally) a royal waste of money.
If you STILL wish to ignore the sagely advice here and buy a new comp, please contact me and i'll buy your old system for $100 (and reinstall it with Linux)
My theory is the magic income number is $200,000. You'll see why from an article on my site. It makes perfect sense!
sourpickle you are an idiot..this is a great deal and i use it Often..all you Health food loosers can buzz off. you can buy the Value Soda-pop, and Value Fries, for A Buck Each, and get a free whopper. so u only pay $2 (Plus Tax), and get A Drink, fries, and a whopper! u cant beat this! i Love whoppers!!!!!!!!!!!!!!!!!!!!!!!!!!
COME on red meat rules! i eat Whoppers Quite Often..and you can buy the Value fries, Drinks, $1 Each, so u pay $2, get your Coke, fries, and free Whopper..and When u do it they give u A Receipt so u can do it again...you can make a racket out if it!
Agreed with this post...especially the last part. At some point, it becomes very difficult to increase your income, especially if you choose to work for someone else, rather than yourself. My wife and I are early in our careers, so increasing our income is relatively easy right now. However, it is just as easy to decrease our expenses, and truth be told, that is in my opinion the best way to reach financial independence. It is much easier to walk away from full-time work if you only spend $1,000 per month versus 5k or 10k per month.
Great post.
And so by now, I am safe to assume that all those "best places" have just become numbered among the "worst places" to stash?
Wow, now that everyone has listed on the internet all their favorite places to stash it, where will you put it now, since you all have posted it on the worldwide internet?
ROFLOL
I'd like to learn how to motivate others into being more money conscious (specifically my fiance!)
in regards to electronics, if you can wait, I think Black Friday (day after thanksgiving) is the perfect time for electronics.
Here is a funny story of a guy sticking it to the Banksters
"How I stuck it to the credit card companies"
http://patrick.net/forum/?p=25968
I have to totally disagree with this article. I'm a big proponent of exercise and the numerous health benefits it has to offer - including weight loss. From personal experience, every time I start working out again after being in a rut I notice definite improvements in my weight, muscle tone, energy level, and mental attitude.
The trick is to not look at exercise as simply a means to lose weight, but as a means to boost your physical and mental health. Exercise makes me feel better physically, and can also be a great way to bring me into the present and lower my anxiety. If you only equate exercise with weight management and not with physical and mental wellbeing, you're missing a big part of the picture. And I don't think you can put a price on wellbeing.
There are innumerable resources for working women who want to have children, and sadly few for those who don't.
Try being a woman who doesn't want children in a heavily "family friendly" workplace (which most are), or ESPECIALLY when your supervisors are devoutly Catholic, or themselves parents of children. You're treated like a social pariah, and can count on being saddled with extra work and longer hours to pick up the slack for those employees who "have families".
Sorry... no sympathy here for the working Mom. It's the working woman without kids who is going to have to bear your burden, and get none of the thanks.
I think that once you get bitten by the Frugal Bug its addicting to learn new ways to be frugal. I hot the itch about 2 years ago and pour over the internet and library oon new ways to save all the time. Keep bringing on the great information! My favorite is still all the wonderful uses of Vinegar and Baking Soda. Going green and going frugal go hand in hand and that info hit it out of the park for me!
Lending Club is the way to go!
They are a much stronger company at this time....Prosper is almost BANKRUPT!
And the lower rates with Prosper is NOT AT ALL true! Rates can be as high as 36% with Prosper. On top of that....there default rate is about 20%!! At lending club its 2.9%.
Therefore, your going to get much more cost involved overall with Prosper.
Go Lending Club! Be SMART!
Congrats on the great return. I've been investing at Lending Club for a little over one year with 15% NAR thus far. It will be interesting to see the transition of P2P Lending sites like these from the internet savvy and finance minded types into the mainstream.
We've come a long way in becoming frugal, but there are still more steps we could take. I'd love to figure out how to connect our computer to the tv so we could drop satellite. I need to convince my husband that either meal planning or OAMC (once a month cooking) would be a good idea.
(not in Atlanta)
This has saved my but a couple of times overseas. Definitely a good idea.
It is absolutely wonderful that people have options now. Before, it used to be that the only option was going to a bank or beg money out of friends and family. Now peer lending offers great rates for borrowers, and allow others to invest the money.
Amazon now has Prime for free if you're a student or a mom. I'm enrolled in two classes at a community college, and I qualified. Free two day shipping for a year! All you need is and edu email address.
Not in Atlanta, and certainly don't know it all! I do think I do a pretty good job with being frugal, but really could use help creating a budget that works.
Nice, I'm going to start Luigi's Collect Agency for these lending groups. “We don’t break legs, just piggy banks.”
Great post and insight David! There are many things (peer pressure, comparing to others, etc) that contribute to the more money you make, the more you spend and need behavior pattern. However, if you spend smarter and make wiser financial decisions you can live on less and have more financial independence.