July 2007

Ask for More Money

July 31, 2007

I posted the other day on asking for to reduce costs as a way to get ahead. The second way to help your bottom line is to ask for more money from your job. We’ve all gone through it before, you finally get the job offer and you freeze, wondering whether you should ask for [...]

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Asking Saves Money

July 28, 2007

Acquiring wealth is pretty simple. You can think of it as a balanced financial diet, you basically need more money coming in than going out. What can you do about this? Ask. Always Ask. This works on both fronts, both reducing costs and increasing income. Here are some ideas to help negotiate a better deal [...]

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Dating on the Cheap

July 26, 2007

Hi All, Since neither of us have been dating for a while we usually don’t have much to say on the economics of courtship. So, when I came across this link, I thought it would be a great way to fill in some of the blanks for our still single readers. Without futher ado, here [...]

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Why Elections Matter For Your Wallet

July 26, 2007

Hello All, Today is Thursday July 26th. As many of you know, the presidential election season is starting to ramp up to full steam. Many folks don’t realize it, but elections are hugely important for individual personal finance. The party that takes power wields a titanic amount of influence in Washington, this inevitably impacts your [...]

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Steven Levitt: the Freakonomics of Inner-City Gangs

July 25, 2007

Good morning all! This is an excellent 20 minute video by Steven Levitt. Levitt is the author of Freakonomics, a book on the economics of interesting social problems such as abortion and crime. This video is interesting to watch and pertains to finance because Levitt outlines the pecuniary structure of a Chicago street gang he [...]

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Net worth – How often should you calculate this?

July 24, 2007

We recently received a very good question about how often it is advised to update your net worth. There are a couple of perspectives on how often to update. Option #1 – Update every three to six months. Not updating as often makes it so you are less likely to be flustered by changes in [...]

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Happy Birthday Harry Potter

July 23, 2007

We’d like to take a moment to wish Daniel Radcliffe, better known as Harry Potter, a Happy Birthday! This 18th Birthday is particularly special for Daniel, as he has now gained access to his $19 million dollar investment fund – which he’s socked away in a company jointly held with his parents. Daniel’s current net [...]

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How do you stack up?

July 22, 2007

How do DINKs stack up in the personal finance world? Given our recent financial goal, to reach $400k by the end of the year, I was curious to see where we stack up against others. Call me naive, but I never imagined that the median net worth would be as low as it is. The [...]

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Don’t Get Scammed!

July 21, 2007

So we are all know to run the other way when we get a message from Nigeria claiming that there are millions just waiting for us to lay claim to. It is also important to keep in mind that you can get scammed closer to home. I met a guy the other night who got [...]

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Massive List of Personal Finance Resources

July 20, 2007

Hello People, Just wanted to give our readers a quick FYI. A fellow personal finance blogger, the Frugal Law Student, has a HUGE list of useful personal finance links. If you’re looking for information, calculators or a list of must read personal finance books, you might want to pop on over to his site and [...]

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