I don't get mad often; but the other day I found myself furious. I wasn't cut off in traffic. No one gave me the middle finger. I actually wasn't physically harmed in any way, but the abuse I received was unbearable. I logged into Facebook the other day and scrolled through my friend's thoughts, …
Personal Finance
Are You A Mental Accountant? (Grand Finale)
Remember when Jeff Foxworthy came out with his unforgettable series, "You Might Be A Redneck?" It was a huge hit that led to book deals, TV shows, and enough riches to fund every redneck's retirement. The only problem with the series was that (although funny) it wasn't very educational - at least …
Are You A Mental Accountant (Part Deux)
Before you begin, make sure you read the first installment of Are You A Mental Accountant. In case you missed it, let me summarize. Mental accounting is tendency most people have to treat money differently depending on where it comes from. If you haven’t found yourself guilty as of yet, I will …
Are You A Mental Accountant?
I hope most of you have had a chance to read my previous article about The Legend of the Man in the Green Bathrobe. If you haven't, go back and read it. It's a prerequisite for continuing this post. I anticipated what the responses would be in the comments before they came rolling in. I assumed …
CD’s are for Hypocrites
I would venture to say that there are two investment products people learn about before any others - Stocks and CD's (Certificates of Deposit). Assuming most people learn about these two options when they're young, I would think the way they were explained was elementary. Something like: Stocks are …
The Legend of the Man in the Green Bathrobe
By the third day of their honeymoon in Las Vegas, the newlyweds had lost their $1000 gambling allowance. That night in bed, the groom noticed a glowing object on the dresser. Upon inspection, he realized it was a $5 chip they had saved as a souvenir. Strangely, the number 17 was flashing on the …
Should I Cancel My Credit Card?
Over the last few years, Credit Reporting has gotten a lot of attention in the media. Part of it due to the Dodd-Frank Financial Reform Act, but I also give a lot of “credit” to the jingles of Freecreditreport.com. Although I love the commercials, I’m not a huge advocate of the website. Their idea …
