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Personal finance mastery with a pinch of motivation.

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Entries Tagged as 'Money'

Celebrities Are Not Financial Role Models

June 5th, 2008 · No Comments

Recently the media has been covering the defaulted home loan on Ed McMahon’s Beverly Hills mansion worth approximately $4.8 million. Now, before I comment on Ed’s finances here are some of the most popular highlights of his life: He was Johnny Carson’s announcer for 30 years (1962-92) on The Tonight Show He was host of […]

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Tags: Money

Debt Consolidation Is A Terrible Idea

May 30th, 2008 · No Comments

So you’ve gotten yourself into a jam. This credit card was to cover that unexpected car repair. That credit card was to pay for Christmas. Oh and this credit card….well you’ve had a balance on it for eons so it doesn’t count. Now, you see (or hear) a commercial for that magical elixir called debt […]

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Tags: Credit Cards · Money

The Truth About Car Payments

May 26th, 2008 · 1 Comment

Here is an interesting question: Would you still be driving the same car today if you had been forced to pay cash for it when you bought it? Or did you merely look at the monthly payments and justify it by telling yourself you could afford it because you could make the payments? Did you […]

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Tags: Cars · Money

What I Have Learned From Dave Ramsey

May 22nd, 2008 · 4 Comments

There are two kinds of people in this world: those who hate Dave Ramsey and those who love him. The interesting thing is that if you listen to him long enough you’re virtually guaranteed to go from the former group to the latter group. Dave claims there is even a support group on the Internet […]

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Tags: Money

The Cost Of Being Unorganized

January 8th, 2008 · 5 Comments

Procrastinators will tell you that they work better under pressure. I don’t buy that. Owners of messy desks will tell you that they know the whereabouts of everything. I don’t buy that. Unorganized people waste time looking for things, buy items more than once that were lost and pay a hefty price for rushing things […]

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Tags: Money