With the U.S. debt ceiling becoming an ongoing economic issue for American politics, you may be confused about some of the terms you hear and read in the news – or worse, maybe you don’t even question them and you talk about “debt” and “deficits” interchangeably.
Taxes and spending sound equally bad too, but there are [...]
-
January 18, 2011 · 8 comments
in FOMC, Federal Reserve, Niall Ferguson, QE, US Treasury, US debt, US economy, USD, bubble, capitalism, collapse, currencies, debt, deficits, emergencies, forecasts, future, indicators, inflation, infrastructure, risk, sovereign debt, spending, theories, world order, world reserve currency
So, like many people, maybe you’re sick of the so-called “doom and gloom” crowd – that’s too bad. Because reality doesn’t depend on fashion and it isn’t going to wait for you to agree with it before basic cause and effect takes hold and serves you up a dish you don’t like.
Niall Ferguson is different [...]
-
Welcome to the 59th edition of the Best of Money Carnival! This is a traveling personal finance carnival that doesn’t merely list good personal finance articles around the web, but tries to rank them and pick a winner.
This week saw 59 submissions, from which I was able to select a good 26 or so – [...]
-
May 9, 2010 · 16 comments
in DIY, cashflow, consumers, credit cards, determination, discipline, estates, financial education, financial fitness, financial planning, goals, life, money decisions, psychology, spending, success, wealthbuilding
If you’ve been around on the interwebs and Twitter enough, and if you’ve read enough personal finance books, you’ll know a heck of a lot about The Millionaire Next Door. She or he spends less than you’d think, they don’t drive a Rolls Royce or Jaguar, and they’ve probably made it to millionaire within one [...]
-
December 16, 2009 · 3 comments
in December, financial planning, happiness, health, holidays, lifestyle design, money decisions, purchases, special dates, spending
Congratulations on opting for a minimalist Christmas, or at least thinking about how to have a clutter-free Christmas. If you’re like me and appreciate minimalism, but you also love giving gifts – you just need to find a way to buy or make gifts that don’t sit around and collect dust for the next three [...]
-
Forget about trying to give up a daily latte if it really makes your morning or is an essential part of your coffee shop networking. It’s easier to just save money doing it.
Here are two basic tips for making the most of your latte money at Starbucks.
Misto Instead of Latte: Save $0.50
Your latte is one [...]
-
While going through my receipts and budget yesterday, I paid particular attention to some items for which the cost has jumped up in recent months.
Analysts keep saying that deflation is still officially the name of the current game, but here are some real examples of costs going up.
They can keep saying “deflation” all they [...]
-