What is out personal financial responsibility? Nearly all of our current personal and macroeconomic problems are the result of bad decisions that each and every one of us made of our own free-will at the time. Sure, it’s easy to say that an economic bubble is to blame for all of these problems, but a bubble is the just the result of us collectively making a lot of bad financial decisions at the same time.
I remember hearing stories of how some the world’s greatest minds (poets, writers, artists) would regularly spend hours at a time letting their minds wander. It wasn’t laziness, in fact, if you asked them it was the source of their brilliance. Just like an eagle confined to a cage, they knew that in order to get the highest and best use from their minds they had to set if free and let it soar.
As you may be able to tell, I lean towards “boring” names like “grandpa” and “grandma”, but then of course they have to be defined further by adding a last name as a descriptor – which takes too much times she says…
I found a disturbing article about how 4 new variations of the penny are being created and released this year. Apparently, in honor of Abraham Lincoln’s 200th birthday, the US Mint is releasing 4 new versions with smiling Abe this year. While I am all for honoring our country’s heros, it just seems that with all the challenges our government is having cutting spending, this might be something that could be put on the backburner. The kicker is that production and material costs are greater than the face value of the coins they are printing…
Pictures stir up memories I still remember being a kid (yes, that is me in the picture) and my mom telling me to smile for pictures. … Like a good mom, she made me smile and tried to convince me that they would mean something to me someday. I don’t know if it is because I am older, but I am starting to realize the value of making memories. … Memories are more valuable than money Having watched my parents go through some challenging times financially when I was younger, I appreciate that they were just as interested in creating memories for us as they were filling the bank accounts.
“…and the complacency of fools shall destroy them.” I was doing a little bit of studying on this verse and I looked up the definition of complacent. Webster’s definition surprised me – the first definition was “self-satisfied” and the third was “unconcerned”.
As my radio alarm clock was playing this morning I heard a Chevy commercial with the dealership owner all basically begging people to buy American cars. I have a few thoughts about the Big 3 bailout issue. I don’t claim to know all the details of exactly what’s going on with the whole thing, so please feel free to share your insight in the comments below.
I just caught up reading this month’s issue of Money Magazine. They had a quick little blurb called “What not to buy on credit.” It turns out that credit card companies are doing a bit of actuarial research and have discovered that they can identify credit risks in some non-traditional ways: where you shop. According to the article some major credit card issuers “now factor in where people use their cards when making decisions to cancel credit lines or slash spending limits.”
In my last visit, I was offered to sign up for the Starbucks Gold Card. It is a basically a club that you pay $25 to get a 1-year membership. The perks include… Will you be signing up for the Starbucks Gold Card?
I had a revelation about cars that has caused me to not really care what mine looks like. It’s not that I don’t want a really fast car, it is just that there is something I want a bit more: financial freedom.
I had this passed along to me and thought it was worth sharing. Enjoy. During this election year let’s be reminded of these words: “* You cannot help the poor, by destroying the rich.* You cannot strengthen the weak, by weakening the strong.* You cannot bring about prosperity, by discouraging thrift.
I don’t know if it is because I am older, but I am starting to realize the value of making memories. … Memories are more valuable than money Having watched my parents go through some challenging times financially when I was younger, I appreciate that they were just as interested in creating memories for us as they were filling the bank accounts.