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From The Penny Saved - view blog entries - visit this blogApril 18, 2008 at 9:49 am ET
Having finished my taxes I was thinking about just how nice it is to own a home. If I did not own one I would have owed the government money, as it is I got a refund. So what exactly are my favorite tax deductions for home ownership? Glad you asked:
1. Mortgage [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 17, 2008 at 10:58 am ET
Yesterday I had to stop and perform the painful ritual of getting gas. There’s nothing quite like watching numbers spin by…almost ten times faster than they did when I first started driving. As my car slowly sucked the money out of my wallet, I looked over at woman filling up her escalade with premium. [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 16, 2008 at 11:56 am ET
How would you like to be completely and totally poor? Do you enjoy cardboard boxes? Does the idea of living and sleeping on the streets of a major American city sound appealing to you? Would you like to grow old and penniless, spending your final days on this Earth barely getting by on the meager [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 15, 2008 at 3:12 pm ET
Here are some things I found around the web that are free for tax day:
-Dunkin Donuts is offering a free donut with any coffee purchase and free coffee to postal workers, no purchase necessary
-McDonalds is offering a free iced coffee with any purchase. Some other rumors about other free stuff they may or may not [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 15, 2008 at 12:52 pm ET
Today is super fun Tuesday. Ok maybe not, but to help get you through the day here’s a fun list of the top 15 songs about money from as many different genres as I could pull from the top of my head. Not all of these songs are PG rated so don’t download [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 15, 2008 at 9:42 am ET
Lets start by doing a little quiz. Who doesn’t like quizzes?
Question #1
You have a $1000 windfall do you:
1) Go out an buy a big screen TV
2) Dump that into your ING account (Open an ING account, link at left)
3) Buy some more shares in your index fund
4) Buy some penny stocks
5) Convert it all [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 14, 2008 at 6:09 pm ET
I’ve had a few reader emails about this so…. your deadline is less than a day away, and you are freaking out about getting your taxes filed, what to do?
As it turns out a lot of people aren’t going to make it but luckily you can file an extension with gives you six more months [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 14, 2008 at 4:07 pm ET
Whether they consciously recognize it or not, many people in America today actively try to avoid dealing with reality. Reality is real life. Oftentimes, real life can be harsh, relentless, and unforgiving. Not surprisingly, many Americans do what they can to escape from reality. Millions of Americans spend many hours each day focused on man-made [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 14, 2008 at 10:22 am ET
Something I struggle internally about a lot, who should be paying for college: parents or kids? Some people think it’s the child’s own responsibility, others that the parents should pay for it. I have friends that paid for college and are in debt, friends that paid for college but aren’t in debt, friends that didn’t [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 13, 2008 at 10:49 pm ET
Lately I have been thinking about selling my modded xbox and a few other things on ebay. I was browsing around ebay and I found something I never knew was there. Its a page called the Hot List. It shows you what the top selling current things on ebay are. For [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 12, 2008 at 12:29 pm ET
Peer to peer lending ( or p2p lending as its commonly referred to) has been picking up steam lately and I have had a few emails from readers asking about what exactly is peer to peer lending and is it really all that useful after I posted about lending club. Well here is a quick [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 12, 2008 at 11:24 am ET
Everyone likes spending. Well, ALMOST everyone likes spending. Need help controlling your desire to spend? I could just tell you “ahh young padowan, just get control of yourself.” But I wont. There are many different ways to insert financial self control into your life. One way that you may not have [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 11, 2008 at 11:36 am ET
Frontier Airlines files for bankruptcy. There’s five words are a bit of a shock to me. According to the AP:
NEW YORK (AFP) — Denver-based Frontier Airlines said Friday it had filed for bankruptcy after a credit card processor said it would start withholding receipts from the sale of the airline’s tickets.
Frontier said in [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 11, 2008 at 9:33 am ET
Well, this is my first post here on TPS. I figured Id start with something we love (ok maybe just some of us)…investing. Ive been trading for a long time now and something I thankfully learned toward the beginning is that brokers aren’t in it to make you money - they are in it to [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 10, 2008 at 4:05 pm ET
This is just an announcement, TPS has added Matt to our blogging team so that Jesse can actually have a day off every now and then to frolick around in non-writing land. Traffic can now increase by 100X. Hallelujah!
Matt has his bachelors and masters degree in economics from William and Mary, likes mountain biking, swimming, [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 10, 2008 at 11:28 am ET
The price of gas has been going crazy lately but even now gas is one of the cheaper liquids that we buy on a daily basis. Sure we use more of it, but as a whole its still a lot cheaper in comparison. If we were to take off the government’s piece of of the [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 9, 2008 at 3:56 pm ET
Believe it or not, out in the business world you can save yourself a whole lot of moola. Heres five ways
1) Lay off the starbucks
Eating out is expensive but sometimes it cant be avoided. Drinking out is expensive but sometimes it can’t be avoided. Drinking starbucks is expensive and can ALWAYS be avoided. [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 9, 2008 at 12:02 pm ET
There have been a couple articles lately on “middle class” that have caught my attention. First there was the discussion thread on the simple dollar, and then Mrs Micah wrote “Whats Wrong with being in the middle class.” So am I just a gigantic jerk?
Maybe but let me explain. My beef is [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 8, 2008 at 10:55 am ET
Its the sound of lending club landing in the trash can. I guess I will have to replace their banner on my sidebar with a gigantic “X” because I got this email from Lending Club early this morning (emphasis mine):
Dear Jesse,
Lending Club has started a process to register, with the appropriate securities authorities, promissory [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 7, 2008 at 3:20 pm ET
How much house can you afford? I recently set out to figure how exactly how much house I can afford and found out its a more interest question than you might think.
First piece for how much house you can afford: Income
The most general rule about how much house you can afford is to multiply [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 6, 2008 at 11:36 am ET
I have lent probably 10 friends money in my life. Of those I have had 8 pay me back. Thats not necessarily a terrible ratio, and currently all of them over $100 have paid me back except one and I think he does intend to pay me back. The problem is you [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 5, 2008 at 3:33 pm ET
The best time to pay for your kids college tuition is not when they are going to college. I know that seems kind of counter intuitive, sort of like how eating more times per day can help you lose weight. No joke, look it up.
So when is the best time to save for [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 4, 2008 at 3:14 pm ET
I just got back from Portland last night on business and I learned several things about life and finances that you would not expect to learn from Portland. Its a nice city, lots of trees, too many clouds. Well ok so the lesson really didn’t come from Portland or the business part, but the traveling [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 3, 2008 at 9:38 am ET
Buy low. Sell high. Get rich. Work from home. Own a mansion.
These are a few of my favorite things. Its also completely unrealistic yet it seems to be every investors dream. I must get about 10000 stock tips a day in my inbox. Then on top of those there are the “learn to be a [...] ... ( more)
From The Penny Saved - view blog entries - visit this blogApril 1, 2008 at 10:47 am ET
And by hiding money I mean from yourself. I am great about paying bills, doing my investments, etc but one thing I am aboslutely terrible at is golf. No just kidding, Im getting a lot better at golf, what I am actually referring to is setting aside money into a saving account. [...] ... ( more)
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