Ten Essential Negotiating Tactics Everyone Should Know

I have always believed that one of the most important life skills that every person should have mastered before setting out on their own is the ability to successfully negotiate.

For most of us, negotiating skills are usually needed shortly after we leave home to strike out on our own for the very first time. For example, the opportunity to engage in negotiations often comes into play when we get our first job, move

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Black Coffee: My Favorite Blogs, Money News and Opinions #3

Blogs I’ve Been Following This Week

Most people in the US now know that Sarah Palin is officially resigning her position this month as the governor of Alaska.   What they don’t know is that she is resigning so she can focus all of her energy into her new job as the executive consultant to Len Penzo dot Com.  Tomorrow Sarah and I have a meeting at 0900 hours to discuss tips for

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Kids and Money: Our Decision to Let Our Impulsive Spender Fail

I’ve written in this space before about just how difficult it is to teach kids financial literacy. For every kid, that seems to have a natural ability to grasp the value of a dollar and a real determination to save as much as they can, there is another who has their money spent almost as soon as it touches their little hands.

In my family, my 9-year-old daughter, Lenina,

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The Best of the Best in Money and Personal Finance #4

Welcome to the fourth edition of The Best of the Best in Money and Personal Finance, where every featured post is an Editor’s Pick!  This month, the top selections were based upon entries that came closest to predicting the correct number of personal finance bloggers that posted a blurb last month on the (pick one) lessons learned/significance of/epiphanies regarding the late Michael Jackson’s debt.

The correct answer: 2477.   Hee-hee! 

I

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Parents: Before You Name Your Baby, Learn How to Spell.

Igor: Dr. Frankenstein…
Dr. Frederick Frankenstein: It’s “Fronkensteen.”
Igor: You’re putting me on.
Dr. Frederick Frankenstein: No, it’s pronounced “Fronkensteen.”
Igor: Do you also say “Froaderick”?
Dr. Frederick Frankenstein: No… ”Frederick.”
Igor: Well, why isn’t it “Froaderick Fronkensteen”?
Dr. Frederick Frankenstein: It isn’t; it’s “Frederick Fronkensteen.”
Igor: I see.
Dr. Frederick Frankenstein: You must be Igor.
Igor: No, it’s pronounced “eye-gor.”
Dr. Frederick Frankenstein: But they told me it was “ee-gor.”
Igor: Well, they were wrong then, weren’t they?

- From the movie

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18 Facts You Didn’t Know About The Federal Reserve System

1. The Federal Reserve System is the United States’ version of a central bank. Central banks, also known as reserve banks, are the entities responsible for the monetary policy of a country. The United States has not always had a central banking system. In fact, three separate central banks have operated in the United States at one time or another since 1791.

2. Secretary of the Treasury Alexander Hamilton was a

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Black Coffee: My Favorite Blogs, Money News and Opinions #2

Blogs I’ve Been Following This Week

What a week!  With my clandestine trip to Argentina out of the way, it’s time for me to catch you all up on  four of my favorite blogs that I’ve been following this week.  If you’ve got a few minutes, please check them out!

DebtFreeAdventure – Matt had an eclectic mix of goodies this week including status regarding the on-going personal finance bloggers weight loss challenge,

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Does Anybody Know the Going Rate for the Tooth Fairy?

My 9-year-old daughter, Lenina, lost another tooth today!

Of course, most everyone knows custom dictates that when a child loses a tooth they dutifully place it under their pillow knowing that the Tooth Fairy will come and take it in exchange for some money. It’s a tradition that’s dutifully been passed from parents to their children for generations.

And so it was that when my now 12-year-old

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Black Coffee: My Favorite Blogs, Money News and Opinions

Blogs I’ve Been Following This Week

Here are four blogs that I’ve been following this week and recommend you check out if you haven’t already done so…

Weakonomics – The Weakonomist has an interesting counter argument to my incessant warnings about inflation and hyperinflation.

Squawkfox – Somebody told me Kerry had an interesting article about growing grass and I’m always looking for pointers on improving my technique. Before things get out of hand,

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Money Slang: Tired of “Money”? Here’s 101 Alternatives.

In 1737, Benjamin Franklin published The Drinker’s Dictionary, a long list of over 200 alternative terms and phrases for being drunk.

As far as I know, old Ben never published a similar list of synonyms for money – which I find to be curious considering that Ben is one of America’s first and most-quoted personal finance experts.

With that in mind, I thought I would challenge myself to put together a fun

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