Welcome to yet another weekend wrap-up. We’re gonna mix it up a little bit this week. I want to update everybody on where Beating Broke stands in the Yakezie Challenge, as well as give every body a few extra links to check out this Memorial Day weekend. So, first off, the Yakezie update. This is [...]
I won the lottery last week. Almost. Not quite, but almost. I suppose I would have had a better chance if I still played the lottery. I used to play the lottery off and on by myself, buying a ticket now and again, when the jackpot was several hundred million. Then, I joined a group [...]
This is a guest post by the wonderful Heather Sokol. You can visit her where she writes for Inexpensively.com and also, you can follow her on twitter @justheather. She’s also a member of the awesome Yakezie group. If you enjoy her post, please let her know in the comments here and by adding the post [...]
With a recession (depending on whom you ask) upon us, would it have been wise for us to have taken a loan from our 401(k)s before it started? Bear with me here for a second. A loan from your 401(k) is pretty simple. You borrow the money from yourself and then repay it to the [...]
It struck me the other night, as I was reading a book and came upon a section on Ponzi Schemes, that insurance companies are borderline ponzi’s themselves. The definition of a ponzi scheme is when the broker/banker/agent takes money and promises a unusually high return and then pays said return from the incoming money from [...]
Quick! What’s the first thing that pops into your head when I say “escrow account”? It’s that account that’s associated with your mortgage, isn’t it. That’s the first thing that come to me when I hear the word. But, that isn’t all that an escrow account is. At it’s very basic beginnings, an escrow account [...]
When I entered college, I had no debt. Well, I guess I had some as I’d already signed the papers, but hadn’t received the money, for the loans I was going to be using to partially finance my education. When I finally graduated, 7 and a half years later, I had mountains of the stuff. [...]
As you’ve probably gathered, I’m a bit of a budget enthusiast here. It’s a budget that got our finances back on track and it’s a budget that keeps them headed in the right direction. Our budget tells us when we’ve overspent and helps us adjust to bring us back to balance when we have overspent. [...]
If you’d like to catch up on this on-going series, start here, then go here, and here. Then come back here and read on. There, now that you’re caught up, you know that my wife quit her job about a year ago. Sometime around last August, she and two of her friends (and ex-coworkers) decided [...]
Inevitably, you’re going to screw up. You’re going to make a mistake and it’s gonna cost you. If you’re lucky, it’s only going to cost you a few dollars or a bit of bruised pride. If you’re not so lucky, it could cost you much more than that. Let me tell you a little secret. [...]
