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Parents, if you want your kids to become independently wealthy, don’t encourage them to go to college; tell them to open up a car repair shop instead. I say that because I just paid my mechanic almost three-thousand bucks for services rendered. I know. Of course, that’s what happens when you own a couple of cars that are meticulously maintained, but getting a bit long in the tooth. This week, along with the Continue reading What’s That Smell? The Costly Joys of Maintaining Older Cars Last summer my 12-year-old daughter, Nina, was extolling the fashion virtues of her hot pink Converse Chuck Taylor All-Star high-top sneakers, better known to many as simply, “Chucks.” What I found amusing was while Nina really thought she was on the cutting edge of sartorial style, she was really just riding the latest fashion wave that has seen the popularity of those venerable basketball shoes rise and fall multiple times since Continue reading What Goes Around Comes Around: Rising Interest Rates Are Inevitable Like it or not, in America, some folks will always have to work harder than others to succeed. The great economist, Milton Friedman noted that the word “fair” isn’t in the Declaration of Independence, Constitution, or the Bill of Rights; those documents do, however, champion equal opportunity for anyone aspiring to achieve financial security. Even so, some folks espouse — often unwittingly — the idealism of equal outcomes for all, Continue reading 100 Words On: Confusing Equal Opportunity with Equal Outcome A hospital groundskeeper came across two medical doctors in white coats searching through one of the clinic’s flower beds. “Excuse me, gentlemen,” said the gardener. “Have you lost something?” “Not at all,” replied one of the doctors. “In a few minutes we’ll be doing a heart transplant for an IRS auditor and we’re just looking for a suitable stone.” Heh. You know, nobody likes being audited — especially me. (I realize I’m probably on Continue reading How to Avoid Being Audited by the IRS As I mentioned last week, we recently spent over $4000 replacing many of our aging home appliances, including the clothes dryer. People looking to save money on appliances quickly learn that gas dryers typically cost between $50 to $100 more than their electric counterparts, primarily because the components are more expensive; for folks on tight budgets, that price premium can be a deal breaker. That’s one reason only one of every Continue reading Are Gas Clothes Dryers Worth the Extra Money? It’s time to sit back, relax and enjoy a little joe… Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance. Here’s what caught my attention over the past week… Let’s get right to it today. Blogs I’ve Been Following This Week JoeTaxpayer – 26 Surprising Facts about Speeding Tickets. I see a Texas driver has the honor of Continue reading Black Coffee: Speeding Tickets, Tongue Twisters, and Expensive Light Bulbs Most cooking aficionados prefer natural gas cooktops over electric ones because they heat evenly, and provide precision control with instant on/off capability. Typically, all natural gas appliances — not just cooktops — last longer and require less maintenance than their electric counterparts. Natural gas is easier on the pocketbook too; according to the DOE, it was 68 percent cheaper than electricity in 2011. So it’s probably fortunate that 54 percent Continue reading 100 Words On: The Big Advantages of Natural Gas Appliances Although it’s hard for me to believe, my humble home recently turned 14-years-old. So, as you might expect, a lot of the original appliances we bought when we first moved in — or were included with the brand new house — have been acting up for awhile now. We had already replaced our failing garbage disposal and old refrigerator a little over a year ago as part of a minor kitchen Continue reading Sometimes It Pays Not to Look for the Best Deal This is another post in an occasional series from my dear nonagenarian Aunt Doris. A couple of ripe to-mah-toes. When I came to this country I said to myself, “At least I don’t have to learn another language!” Well, yes and no. Just like there are difference between American and English hand gestures, our languages are slightly different too. There’s the matter of pronunciation. I say “tomahto,” but you say “tomato.” No. And unlike Americans, Continue reading A Few Thoughts from Aunt Doris: The Same … But Different |
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Black Coffee: Motown Money, My Little Pony & Other Fairy Tales
It’s time to sit back, relax and enjoy a little joe…
Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance. Here’s what caught my attention over the past week…
I’m in the middle of doing my taxes and it ain’t pretty; kind of like this week’s edition of Black Coffee. Here we go:
Blogs I’ve Been Following
Continue reading Black Coffee: Motown Money, My Little Pony & Other Fairy Tales