Have you left your bank yet?

Yes, changing banks is a hassle for a couple of weeks. But, oh, it's so worth it.

Don't let the dog get the raisins.

Yes, it's a hyperinflation, and no, we didn't budget for it.

Here's the thing about cutting a budget: If you don't either need it or want it, what would it have been doing in the budget in the first place?

Fortune is finally on the "reality" bandwagon with an article about the latest economic bubbleYes, folks, government has been borrowing outrageous amounts of money, and the bond market has happily sunk money into these bonds. But like the dot-com bubble, the housing bubble, and the commodities bubble, this one, too, won't last. And, as the ( Read more... )

A CNN/Money article from Fortune Magazine today says that according to Warren Buffett's metric, stocks are now a good buy.

Buffett's theory is that the correct valuation for the overall stock market is 70-80% of the Gross Domestic Product. According to Fortune's estimates, it's currently around 75 ( Read more... )

While investigating solutions today for a short-term cash flow issue (just FYI, more people would probably go into business for themselves, thereby creating more jobs, if the government didn't require thousands of dollars up-front in order let you do so), I called TIAA-CREF to inquire about borrowing against my retirement account ( Read more... )

OK, I know I'm only one data point, but I just got cold called from the mortgage broker who did my last refinance wondering if I wanted to take advantage of the lower interest rate environment and refinance again. What was this about the banks not lending ( Read more... )

"The End of Wall Street's Boom" by Michael Lewis, author of the 1980s Wall Street expose, Liar's Poker. It's a bit technical (because, after all, if it this stuff was easy to understand, the house of cards wouldn't have gotten built in the first place) and rambles into the personal quite a lot, but it does explain how some people who saw the ( Read more... )