It may seem hard to believe at times, but the 44 Americans who have had the good fortune to be called “Mr. President” are really no different than the rest of us.
Oh sure, sitting US presidents may be considered the most powerful men in the free world, but at the end of the day they still put their pants on one leg at a time. Yes, some were financially successful
Continue reading 18 Personal Finance Facts You Didn’t Know About US Presidents
You’ve got to hand it to scam artists. They often succeed in spite of themselves.
If I had a nickel for every time I retrieved a message from my inbox warning me that my PayPal account has been limited, or that my credit card has been suspended, well, I’d have at least $100 bucks in my pocket right now.
Don’t scoff. That’s 2000 nickels!
This afternoon it happened again. I got an “urgent”
Continue reading The Embarrassing Anatomy of a Phishing Scam
“What kind of dressing would you like on your salad?”
For most people, it’s a simple decision. Not for me though.
I don’t know why, but when my server asks me that question I usually tense up and act like I’ve just been asked the million-dollar question on Who Wants to be A Millionaire.
“Dressing? I really can’t decide if I want ranch or bleu cheese. Well, eh, um, ah, er, uh, oh,
Continue reading Why Choosing Debit or Credit Is Like Picking Salad Dressing
The face value of this silver quarter is 25 cents, but it's really worth a whole lot more.
Back in 1964, a gallon of gasoline cost about 25 cents in the United States. That’s right. Believe it or not, way back in 1964, you could buy a gallon of gas for a quarter.
It just so happens that 1964 was the last year that the US Treasury minted silver coins, including
Continue reading Silver and Gold: The Superheroes of Wealth Preservation
A democracy can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the treasury, with the result that a democracy always collapses over loose fiscal policy. The average age of the world’s greatest civilizations has been 200 years.
– Alexis de Tocqueville
The bottom line: By 2016, our National
Continue reading 100 Words On: A Grim Warning to Those Who Think Money Grows On Trees
Not too long ago I had to mosey on down to my local hardware store because I needed propane for my barbecue grill. The total price for the refill came to $17.96.
At first I tried to pay with a credit card but, for some reason, their machine was on the fritz, so I gave the kid the only money I had in my wallet: a $20 bill.
In return, he gave
Continue reading 18 Flippant Facts You Didn’t Know About the $2 Bill
Cosigning for a loan is one of the dumbest financial moves you could ever make. By cosigning, you not only assume liability for the borrowed money, but you also make it tougher on yourself to qualify for large loans — regardless of your payment history — because lenders still include cosigned loans as part of your overall debt load.
The bottom line: If a lender refuses to loan money to somebody
Continue reading 100 Words On: Why You Should Never Cosign A Loan for Anyone
I wish I was as smart as my kids. They’re never wrong.
If you don’t believe me, just ask them.
As a matter of fact, I was reminded of that little “fact” last month after the Honeybee noticed that a couple of checks hadn’t been cashed by my daughter’s junior high school for fees related to her color guard activities.
Normally, we’d write a check out at the beginning of each month for
Continue reading When Is Not Stopping Payment on a Lost Check Worth the Risk?
There are people out there who swear that if you’re lucky enough to see the first flower of springtime on a Friday, it’s a sign of impending wealth.
I know. I don’t buy it either.
Still, let’s assume these folks know what they’re talking about; what happens if that first flower is found on Friday the 13th? Is the wealth omen officially null and void?
Can somebody take an action item and get
Continue reading 10 More Old Wives’ Tales Masquerading As Financial Rules of Thumb
One of life’s greatest so-called mysteries is why American drive-up automated teller machine keypads have Braille on them. On the surface it seems to be a preposterous notion. After all, the logic goes, blind people can’t drive. But who says only a car’s driver can use the ATM? Passengers can easily operate ATMs from the back seat too — and with the aid of head phones, the blind can enjoy
Continue reading 100 Words On: The Real Reason Why Drive-Up ATMs Have Braille Keypads