Michael on May 15th, 2009
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A recent Time magazine cover story, Thrift Nation, demonstrates “The New Frugality” of Americans.  Nearly everyone will recognize someone familiar, be it an ER doctor, a blackjack dealer, an autoworker, restaurant owner, or the unemployed; each is profiled in this thought-provoking piece that attempts to demonstrate how truly broad the impact is of our current [...]

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Michael on April 20th, 2009
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You: Did she irritate you?
Actually, she really irritated MoneyMonk, as she writes about in her recent post Can I afford it: Suze Orman, I’m mad at you!, which, like my review of Upromise (Upromise Underdelivers) is featured in this week’s Carnival of Personal Finance.
As you may already be aware, one of the most popular segments [...]

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Michael on April 13th, 2009
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You: No, they don’t.
But they do influence your spending.
You: Sometimes, I guess. I hadn’t really given it much thought.
I haven’t written about it in a while. But entertainment spending irrefutably is tremendously impacted by those you go out with. For others, the amount they spend is also influenced by who they are with for [...]

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Michael on April 6th, 2009
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Glad to be back at it today after a good mental break yesterday.  You know something?  Fish will do that for you.
You: You went fishing?
Sort of.  I went to look at fish. Also saw some penguins, sharks, and giant sea turtles.  I visited the New England Aquarium with my wife and two daughters.  Total cost [...]

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Michael on February 10th, 2009
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The New York Times recently published You Try to Live on 500K in This Town in an attempt to explain why half a million dollars a year may not be adequate to live on in New York City.
You: Why half a million?
That’s the new proposed salary limit from President Obama for executives working for companies [...]

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Michael on February 9th, 2009
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Last weekend, I did something I haven’t done in 12 years.
You: Play a round golf?
Nope. I still haven’t done that.
You: Oh! You watched a round of golf!
No!  I don’t do golf.  Last weekend, my family and I went skiing in Vermont.  It was only the third time I’ve ever been skiing and it was the [...]

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I had a great trip to Chicago last Friday and Saturday, keynoting a financial literacy event to a large group of students ranging in age from 16 to over 50.  The best part: a most enthusiastic crowd, many of which had traveled two hours of more for the education.  Talk about self-selection for success!
I’m not [...]

Continue reading about Financial literacy, recovery rebate credits, and living in balance

Michael on December 29th, 2008
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I hope you are enjoying the holidays. Now that we’re in late December, a 2008 recap seems appropriate.  Financially speaking, these were my top four financial moves of the last 12 months:

Not buying a house. Although home prices have fallen in our area, prices have only retreated to 2004 levels according to most local reports.  [...]

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Michael on December 24th, 2008
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We received over a foot of snow last Sunday.  This was on top of another foot that had finished falling less than 24 hours previously.  Needless to say, it was a day that the entire family (save for my shoveling excursions) stayed inside.  It could have been boring.
It wasn’t.
In fact, at the end of the [...]

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Michael on October 14th, 2008
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The stock market is hyperactive.
You: Gee, you think?
Indeed.  The last thing I saw this volatile was Joe Pesci in Goodfellas.
You: That guy was explosive!
Fortunately, less people will be murdered as a direct result of this market’s volatility.
You: I sure hope so.
One of the things to remember during periods of economic certainty is that the basics [...]

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