The recent news emphasis on the swine influenza outbreak in Mexico has got me thinking again about the nature of emergencies in our lives. We often speak of setting up an emergency fund as a basic of financial planning – and I’m not disagreeing with that – but we also usually tend to lump a [...]
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Lately I’ve been reading more about the Roth IRA on good posts like the ones over at Financial Nut or NoDebtPlan. It has struck me — and I could be wrong, I’ll have to gather more details, maybe from you, dear readers, below — that Canada’s TFSA (tax-free savings account) is a rough equivalent to [...]
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With the previous post, MoneyEnergy acknowledged that it’s time to come to terms with getting frugal. Usually I prefer to focus on growing income and cashflow rather than cutting back on expenses. I’m a graduate student. I don’t even own a bike, pet, TV or a car – how can I be expected to cut [...]
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Anyone here living on less than $12,000/year on their own? Apparently, the 2008 poverty-line level of income for the U.S. was calculated at roughly $11,000/year. I haven’t visited every state in my short life yet, but that seems awfully low. Even if you assume you can find a room to rent for $500/month, that’s only [...]
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It’s a bit difficult to talk about credit cards in general terms, since there are SO MANY different kinds on offer, especially in the U.S. (in other countries like Canada, it’s a lot more simple and straightforward).
But a major question that many people may have is just how to use their credit card and what [...]
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Headlines about job cuts, increased costs of energy and food, and failing financial institutions have become impossible to miss, but for many of us those headlines are not news as much as they are reminders of depressed economy. Despite an over-abundance of grim news, however, there are steps you can take to weather this economic [...]
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Here’s a simple tip that I learned from Alan Corey in his book A Million Bucks by 30: How to Overcome a Crap Job, Stingy Parents, and a Useless Degree to Become a Millionaire Before (or After) Turning Thirty (which is an amazing read – I reviewed the book in an earlier post here).
You can [...]
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