One of the WORST feelings is the realization you've lost your wallet. Whether it fell out of your pocket on the bus never to be seen again, you got robbed, or have no recollection of where or when you had it last, they are all equally awful. I've misplaced my wallet dozens of times, and always get a panicky feeling in my stomach when it's not where I thought I put it … [Read more...]

There is nobody on Earth I know who enjoys taking a needle and jabbing their eyeballs. I also don't know anybody who takes pleasure in dropping a dumbbell on their bare toes. Doing either of these things is completely irrational. Given not saving is like jabbing your eyeballs with needles, it's safe to say that everybody saves money. With this premise, the economy is very … [Read more...]

I've long held the belief that there's much more money out there than we know.  This belief is a large reason why I think the underbelly of the economy is fine as consumers are cashed up.  Therefore, it's with no surprise that CNNMoney highlighted a list of excellent young super-savers who have amassed tens of thousands of dollars while still in school. The one person that … [Read more...]

I don’t consider myself a big spender. I only shop for myself once or twice a year and I like to take my time searching for sales and reading reviews before I buy things. I like to save and use more of my disposable income on experiences and travel instead of on trendy clothes, accessories, gadgets, and stuff that ends up becoming clutter. When I first graduated college though … [Read more...]

If your house burns down and you don't have insurance, you are SOL. Nobody wants to go through that kind of devastation alone.  I recently called my insurance company to ask how what my home insurance deductible is, and they said it is 3%. In other words, if my house is worth $300,000, I have to pay $9,000 in out of pocket expenses before any insurance pays out! Interesting … [Read more...]