Wednesday, March 26th, 2008
10 Keys to Financial Independence
Being financially independent is just a dream for many people, yet it does not need to be. Need proof? Look at the several examples of janitors and other low-wage earners managing to save up enough to give away seven-figure (yes $1,000,000+) gifts or leave similar sized estates. If they can manage the [...]
2 Comments » - Posted in Wealth by Jack
Tuesday, February 26th, 2008
Mortgage Bailout
The sub-prime meltdown has led to a lot of financial problems. These cover the gamut from individuals, investors, financial institutions, builders, contractors, even governments. The expected fix has been proposed – that of letting the government bail people out who have gotten into trouble.
This gives me serious heartburn. I am among a significant – probably [...]
No Comments » - Posted in Debt, Other, Real Estate by Jack
Tuesday, October 9th, 2007
Too Much is Bad Debt
This is part 3 of a series talking about bad debt. The parent post is at What to do about Bad Debt. Part one can be found at What to do about Bad Debt and part 2 is at The Terms of Bad Debt.
This post talks about how Too Much of a good thing [...]
1 Comment » - Posted in Debt by Jack
Sunday, October 7th, 2007
What to do about Bad Debt
Now that we have discussed what makes up Good Debt in How to decide if something is Good Debt, lets turn our attention to Bad Debt.
Bad Debt can have a lot of elements that make it bad. Sometimes it is just one reason that makes us consider something Bad Debt. Other times, there are [...]
1 Comment » - Posted in Credit Terms, Debt by Jack
Friday, October 5th, 2007
How to decide if something is Good Debt
As I am not the first person to discuss good debt, lets treat the topic a little bit differently. In this post, you will find a list to a number of other posts and online articles that discuss Good Debt. After each link, you will find a single sentence with the most important [...]
