Things I Would Worry About If I Won The Lottery
You’ve thought about it. I’ve thought about it. And, everyone else has thought about it. About what? – “what I would do if I won the lottery”… While I’d probably become the most ecstatic person in the world that I am finally rich, there would also be plenty of concerns that do not regard how [...]
Coupons, Discounts, and Sales Do Not Mean You Are Saving
We all flash that smile when we know that we purchased an item at a bargain price. Saving money never made a customer unhappy. But, just because we caught a deal from coupons, discounts, or sales does not necessarily that we are practicing the sound financial principle of saving. Deal and Bargain Finding Websites I’ve [...]
People Don’t Want To Miss Out On Getting Rich
I was watching an episode of Leverage the other day regarding a Ponzi scheme and there was scene where a line was quite thought-provoking. Nate (Timothy Hutton) tells his team that people invest in these scams because of the so-called “guaranteed” higher-than-average returns. He says that people do not fear that they will lose their [...]
The Infomercial Copycat Method of Debt Reduction
This method of debt reduction is not some extravagant new idea nor is it miracle work. It employs the same tactics that businesses use to make you more likely to spend money. The essence of how it works is that it builds the psychological momentum and confidence that many consumers lack when they are reluctant [...]
What Does The Fed Rate Cut Mean For Savings?
Uh, it means lower APY of course! Today, the U.S. Federal Reserve slashed 50 basis points to a rate of 1.50%. The stream of bank failures This rate cut in a state of increasing financial turmoil may be a life preserver for the economy but the effects it has on savings accounts and their user [...]
