Most of us learn to fear failure and avoid it at all costs. During our quest for financial freedom, however, we’ll encounter plenty of failures. Usually, we learn from them and move on. Sadly, the fear of failure is also used as a convenient excuse for some folks who dig themselves into a deep financial hole and are looking for any reason to avoid the hard work of overcoming their oppressive debt.
Continue reading 100 Words On: Why You Should Never Ever Be Afraid of Failure
Coupons can save you hundreds of dollars each year, if not more. So why is it that so many people choose not to use them? Maybe it’s that they don’t consider them worth the trouble, or have had bad experiences with using coupons in the past. It could be that people just don’t know where to look to find good coupons, or they don’t understand how to get the most
Continue reading 10 Money Saving Tips to Get the Most From Coupons
If I had a nickel for every person who has ever questioned my decision to openly share multiple details of my personal finances on this blog — especially considering its eponymous title — I’d be about $3.65 richer right now.
Usually, most people warn me that my openness makes me vulnerable to identity theft. They’re right to express concern. After all, once an identity thief gets hold of your name, social
Continue reading The Pros & Cons of Freezing Your Credit Report: Is It Worth It?
Who hasn’t been fleeced by a casino slot machine? Although only Keno offers worse odds of winning, slots are by far the most popular casino game, responsible for 70 percent of gambling industry winnings — so it’s really no surprise they’re derisively called one-armed bandits. Like casinos, banks have their own army of two-faced dollar desperadoes: automated teller machines. ATMs have no qualms heisting 15 percent per $20 withdrawal. For
Continue reading 100 Words On: The One-Armed Bandit’s Armless Cousin
Remember when this was considered a paltry return?
Your savings are a long-term investment, and whether you have accounts for short term purchases to furnish your home or fill your wardrobe, or whether you have your emergency fund and bill payment funds saved in the same place, you have worked hard to earn your money.
You have also worked hard to be disciplined enough to save it in the first place — so
Continue reading How Fees Quickly Erode Your Savings Account Returns
Self-serve wasn't around when this picture was taken in 1939.
It’s hard for me to believe, but today is my 50th birthday.
I know, I don’t look a day over 65.
When I was a young boy, I thought 50 was ancient. Perhaps it is; but I don’t feel ancient. In fact, with only a few minor exceptions, I feel pretty much the same way today as I did when I was
Continue reading 7 Questions That Businesses Rarely Ask Their Customers Anymore
It’s time to sit back, relax and enjoy a little joeâ€¦
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of whatâ€™s been going on in the world of money and personal finance.
I hope everyone had a memorable Valentine’s Day on Friday!
Let’s get right to it …
Credits and Debits
Debit: In case you haven’t noticed, Argentina defaulted on its debt in 1982, 1989, and 2001. Today, the nation’s collapsing
Continue reading Black Coffee: Out of Cash, Out of Touch, and Out of Time
The conventional wisdom out there is that it’s rarely advantageous to consider an extended warranty unless it’s for an automobile.
Don’t believe it.Â The truth is, when it comes to extended warranties, things arenâ€™t always quite so black and white.Â For example, it often makes sense to buy extended warranties for irreplaceable or low-reliability products.Â Likewise, they’re often a good idea for items that you know may be mishandled by kids
Continue reading 100 Words On: Why Extended Warranties Sometimes Do Make Sense
At the moment, the things we know that are infinite includes — the universe, human stupidity and, of course, the rise in auto or car insurance premiums. According to insurance agent Evelia Mascareno, every year auto insurance rates increase somewhere between two and seven percent.
For many, owning an insured car is essential. Of course, you can always try to squeeze more out of your budget to compensate for your ever
Continue reading 5 Ways to Make Your Car Insurance Cheaper
Yesterday I was at the gas station and I observed a soccer mom topping off the tank of her bright yellow Hummer.
And when I say “topping off,” I mean really topping it off. She must have squeezed that hose handle a dozen times — and each time she did, the gas pump reacted with one of those obnoxious attention-getting retorts warning her that the tank was full. You know …
Continue reading Money Mirages: 6 Money-Saving Ideas That Are Anything But