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Good PF Books for Wedding Gifts?

October 13, 2008 By Shane Ede 1 Comment

My brother is currently scheduled to get himself married in the middle part of next month.  As a result, I’ve spent an ungodly amount of money on plane tickets, hotel and rental cars for the event.  Added to that will be food for a few days for all three of us (Me, My Wife and Our Son), a Tux rental, and who knows what other stuff.  My brother lives in Anaheim (thank goodness it isn’t a New York wedding!), and apparently, there is a mutant giant mouse that runs rampant around those parts and must be seen by anyone under the age of about 100.

In any case, despite the rampant fiscal spending of the trip, I thought I might pass along a few of the personal finance books that I’ve found useful in our married life.  That is a pretty short list, but a distinguished one.  Dave Ramsey’s Total Money Makeover, Is top of the list. I might throw inThe Millionaire Next Door as well. But those are about the limit of the books that both my wife and I found to be useful. I’ve read a few others that were somewhat informative to me, but I’m trying to find books that are specific to couples.

A quick search of Amazon finds a few others like one by David Bach called Smart Couples Finish Rich: 9 Steps to Creating a Rich Future for You and Your Partner, and Larry Burkett’s Complete Financial Guide for Young Couples: A Lifetime Approach to Spending, Saving and Investing. I’ve never read either, so don’t know if they are worth the time or not.  That’s where you all come in.

Do you and your partner have a book that was important to your finances?  Something that made the transition to couples money management a little bit easier?  Let us all know in the comments.  I’ll try and get a list together and share it all with everyone a little later this month.

Filed Under: Books, Married Money, ShareMe Tagged With: Books, couples money, finance books, money, personal finance books, pf books

Wachovia Changes Direction, to be Acquired by Wells Instead

October 3, 2008 By Shane Ede Leave a Comment

Last week, it was announced that Wachovia was to be acquired by CitiGroup.  The deal was to have the assistance of the FDIC and the Treasury.

Today, in a complete change of direction, Wachovia announced that they were instead going to be acquired by Wells Fargo.  The new deal, worth a reported $15.1 Billion will be all stock and be completely free of any assistance from the FDIC or the Treasury.

I’m no expert, but I think that is good news.  Wells Fargo is a pretty good bank.  And I really like that they aren’t going to be using any assistance from the Government.  The Government has already done more than enough if you ask me and with the eminent bail out bill, the less other assistance they are giving the better we’ll all end up.

UPDATE: It seems that Citi is a little angry about the whole thing and is claiming that they had an exclusivity contract with Wachovia.  Citi is demanding that the merger between Wells Fargo and Wachovia be nulled.

Filed Under: Financial News Tagged With: Acquire, Merger, Wachovia, Wells Fargo

Should WalMart have Bought WaMu?

September 26, 2008 By Shane Ede Leave a Comment

Finance Junkie at Pluggedinfinance had a pretty good idea.  Why not allow WalMart to bail out one of these failed banks?

I think it’s a splendid idea.  I like WalMart.  I disagree with the arguement that WalMart puts mom and pops out of business.  I think that WalMart makes life better for a pretty large number of people.  And I, for one, would be excited to see what they would do to the banking industry should they enter the market.

So, why not let WalMart buy a bank?  I’m sure they’ve got the capital.  And they have the will and ability to pull a bank out of the hot water.

I wonder who needs to be contacted to get this moving?

Filed Under: Financial News Tagged With: bank, banking, walmart, wamu

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