Archive for September, 2007

Carnival of Smart Money #2

Saturday, September 29th, 2007

Welcome to the September 29th, 2007 edition of carnival of smart money. We had over 50 article submissions this month, I selected 24 of the quality articles to make the cut. Happy reading!

DIY: 5 Steps to Becoming Your Own Financial Planner

Monday, September 24th, 2007

It seems that more and more people are talking about their financial planners these days. At times, it feels like not having a financial planner means that you are not serious about money or that you are just not serious about doing smart things with your money. I don't buy ...

Why Money Matters

Thursday, September 20th, 2007

Even if we don't always act like it, we know "money doesn't buy happiness". According to Jonathan Clements of The Wall Street Journal, "We think more money will make us happier and yet studies suggest Americans are no more satisfied than they were three decades ago, when the standard ...

You’ve definitely lost control of your budget when…

Monday, September 17th, 2007

you operate your PERSONAL finances at a deficit (the same way the government operates our nation's finances) you record all your financial transactions in the MISCELLANEOUS category you can fit your "written budget" on the palm of your hand your idea of a monthly allowance is "whatever is left" you cannot identify $5, $10, ...

Working (and solving) the Educational Savings Puzzle

Thursday, September 13th, 2007

"The main difference between real-life puzzles and artificially constructed ones is that the former have no identifiably correct solutions, while the latter always do." - Will Shortz Many parents would argue that the puzzle of saving for education is the most challenging one they face. As ...

DIAGNOSIS: ARM

Monday, September 10th, 2007

"Mr. Gage? Dr. Banks is ready for you." DR. BANKS: What seems to be the problem today? M. GAGE: I am worried about losing my house. My house payment is going up - a lot! DR. BANKS: Tell me about that. M. GAGE: Well, when I bought my ...

$100 Until Payday!

Thursday, September 6th, 2007

8 days until payday... OK. The checking account is pretty low! With any luck at all, I won't have to go back to the grocery store before pay day. Who am I kidding? Of course, I'll have to go back to the store. At least I ...

Breaking the Book Budget: 5 Ways to Spend Less for College Textbooks

Monday, September 3rd, 2007

In today's college environment, planning and budgeting for textbooks is a major part of the financial equation that college students must solve. Some estimates indicate that, on average, students will spend as much as $5000 for textbooks and supplies during a 4 year period. Additionally, the GAO (Governmental ...