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Entries from July 25th, 2008

Debit Cards for 401(k) Plans – Can You Say “Bad Idea”?

July 25th, 2008 · 1 Comment · Banking, Consumer Debt, Credit Cards

Do you know why fast food is so popular despite the fact that we all know it’s (a) bad for you (b) is high in calories and (c) has low nutritional value? Mostly because it’s convenient (and ok, sometimes it tastes good) and cheap. Here comes the fast food equivalent in loans, the [...]

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Increase Gas Mileage with Gas Tank Full or Half Empty?

July 24th, 2008 · 11 Comments · Budgeting, Consumer Debt

There has recently been a lot of talk on how you can get better gas mileage by driving when your tank is half full to empty or making sure you fill up when your tank is half full. Which is correct – or does either method hold any water?
The fill ‘er up when it’s [...]

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Want a Laugh? Comedy Routine on the Subprime Crisis from Bird and Fortune

July 23rd, 2008 · No Comments · Banking, Consumer Debt

Hilarious analysis of the subprime crisis from Bird and Fortune. Two of my favourite quotes (I’m spelling rumor and favorite the British way since it’s a Brit speaking):

“Experts have to decided whether or not to Buy on the rumour and sell on the news, do the opposite, do both, do nothing [...]

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Credit Fears – Fight or Flight?

July 22nd, 2008 · No Comments · Credit Repair

Market Crash? Housing Crash? Gas at $5/gallon? What is your reaction to this constant bombardment in the news of these phrases? Does the fear affect your actions concerning your purchases, investment strategies or how you drive?
This strong fearful emotion comes from one of the most “ancient” parts of your brain (a part which [...]

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