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Tuesday, January 8, 2008
From Consumerism Commentary - view blog entries - visit this blog
January 8, 2008 at 11:19 am ET
Liz Pulliam Weston asked credit card experts for their recommendations for making the most of the rewards that the issuing companies offer. I’ve done well with my Citi Dividend Platinum Select and now my American Express Blue Cash for Business, but it’s interesting to see what is recommended by those who live and breathe [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
January 8, 2008 at 9:33 am ET
Ken Jennings was popular for a while as a major winner on Jeopardy. In the tournament, he went home with $2.5m. A windfall like this can inspire inaction or poor decisions. Ken Jennings has advice for those in this position: “Put your money somewhere not idiotic and leave it alone as much [...] ... (more)

Monday, January 7, 2008
From Consumerism Commentary - view blog entries - visit this blog
January 7, 2008 at 9:09 pm ET
The 134th edition of the Carnival of Personal Finance is online at Mrs. Micah: Finance for a Freelance Life. It’s hard to find time for all the great articles, and they are abundant this week. Start with Mrs. Micah’s top ten picks, but don’t miss 25 Reasons to Love Credit Cards, Credit Card [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
January 7, 2008 at 2:31 pm ET
A new Chase branch opened across the street from my apartment some time in the past few months. I was considering opening an account there for the convenience, but I haven’t given it too much thought. I’m more inclined to simplify my finances, which means reducing the number of accounts I have rather [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
January 7, 2008 at 10:46 am ET
In 2007, I actually sought a financial advisor, developed an asset allocation model, and started to track my finances more closely than ever. All good moves, but after reallocating some of my investments, I made my third mistake: 3. Underutilizing Financial and Tax Advisors I mentioned that I developed an asset allocation model with my [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
January 7, 2008 at 8:20 am ET
Unlike my first mistake, Failing to Utilize the Energy Tax Credit, my next mistake is one where I at least have a second chance. It’s not too late to fix this one for 2008. 2. Failing to Establish a Spending Budget I tried to spend less, consider my purchases more, and get the best deals [...] ... (more)

Saturday, January 5, 2008
From Consumerism Commentary - view blog entries - visit this blog
January 5, 2008 at 9:29 am ET
A recently wrote about some changes coming to the presidential dollar series released into circulation by the U.S. Mint. Jeremy asked: My wife and I received two fancy rolls of uncirculated coins of a 2007 series in a plastic display case as a gift this Christmas. For now they are just going to sit [...] ... (more)

Friday, January 4, 2008
From Consumerism Commentary - view blog entries - visit this blog
January 4, 2008 at 9:01 am ET
Lost and found has been one of the big themes in my life lately. After finding bonds I’d forgotten about for years, I realized that I’d misplaced some very sentimental and irreplaceable valuables and spent an entire day searching. It was a very bad day until about 6 p.m. when I finally located [...] ... (more)

Thursday, January 3, 2008
From Consumerism Commentary - view blog entries - visit this blog
January 3, 2008 at 12:47 pm ET
There’s some news about the relatively unpopular “presidential” golden dollar coins. I’ve been using these coins almost every day, but I have not run into anyone else doing so. Most people I know haven’t even seen the coins. If you want to pick them up from the bank, pay attention to the [...] ... (more)

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January 3, 2008 at 10:37 am ET
I’ve had charity on my mind lately, and it seems to be affecting what I write about. During my normal reading, I came across a Washington Post article about what is apparently an increase in philanthropy among teenagers and younger children. Young children and teenagers across the nation are getting involved in philanthropy [...] ... (more)

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January 3, 2008 at 8:15 am ET
Now that I set my financial goals for 2008, I have to start taking steps to achieve them. This is only the second year I’ve set goals like this for myself, and after good results last year, I’m feeling confident. Do you set goals for yourself? Feel free to share them within [...] ... (more)

Wednesday, January 2, 2008
From Consumerism Commentary - view blog entries - visit this blog
January 2, 2008 at 2:38 pm ET
By subscribing to our RSS feed, you’ll always be aware of new content here, whether from me or Sasha. The feed contains full articles, so you only have to visit the website directly when you want to leave a comment or ask a question. If you use Google Reader for reading news and [...] ... (more)

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January 2, 2008 at 10:23 am ET
Earlier today, I posted my year-end balance sheet for 2007. This is a companion to that report. Below, I list my expenses and income for December 2007 and the entire year, as well as some numbers from prior years for comparison. The balance report lists the state of my various accounts, while [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
January 2, 2008 at 8:45 am ET
It’s time to close the books on 2007, a successful year for me in terms of financial growth. As I do every month, I’m taking some time to publish financial reports in order to track my progress publicly. I’ve been posting these reports online since July 2003 in order to keep myself accountable [...] ... (more)

Tuesday, January 1, 2008
From Consumerism Commentary - view blog entries - visit this blog
January 1, 2008 at 8:26 pm ET
Now is most likely the best time for finding great deals on holiday items like Christmas tree ornaments and decorations. While I’m inclined to say that holiday tchotchkes are generally overpriced to begin with, I’ve spotted discounts up to 75% off of the regular price over the past few days. Most people, particularly [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
January 1, 2008 at 1:19 pm ET
Sure, I’m much more aware of my personal finances now, and made some very positive changes in 2007, but looking back, I realize I’ve also made some very-avoidable mistakes, for which I’m kicking myself. My first mistake is also the most annoying to me, since I’ll be feeling the impact of this particular poor decision 1. [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
January 1, 2008 at 11:22 am ET
Last night, my girlfriend and I, along with millions of other people, watched the “ball drop,” the traditional count down to the new year. I happened to catch Ryan Seacrest mention that the “ball” is all new this year, and those who manufactured the shining orb took a more eco-friendly approach. So I [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
January 1, 2008 at 8:28 am ET
I noted recently that most people fail at financial new year’s resolutions. That may because of the tradition that the typical “resolution” is a light-hearted attempt at improving one’s self, many times uttered in a drunken state, without much of a plan for attainment. If you want to succeed, set a real, solid [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
January 1, 2008 at 5:35 am ET
Happy new year! The last Carnival of Personal Finance has been published at We’re in Debt. The King of Debt was gracious enough to include my article about charitable gift funds in the Carnival as well as a number of other great articles. In addition to the Editor’s Picks, take a look at How [...] ... (more)

Monday, December 31, 2007
From Consumerism Commentary - view blog entries - visit this blog
December 31, 2007 at 12:42 pm ET
There’s been some discussion on this site recently regarding disclosure of charitable donations. I can understand why some might wish to keep this information private but I’m not at all shy about telling you which organizations I choose to support. This year, I made donations to the following charities: Oceana – The largest international ocean environmental [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
December 31, 2007 at 9:13 am ET
On December 30, 2006 I officially announced my financial goals for 2007. Before I set new goals for 2008, I should take a look at my progress this year. Income: Generate $40,000 in revenue outside of my day job. I think this is attainable. My side income has seen fairly consistently growing and as long [...] ... (more)

From Consumerism Commentary - view blog entries - visit this blog
December 31, 2007 at 7:30 am ET
In the interest of further consolidating my finances, this past week I cashed in a small collection of 1988 series EE bonds which I’d kept hidden away ever since. All had reached and surpassed their maturity dates long ago, so they were worth their face value and then some. Here’s what mine were [...] ... (more)

Sunday, December 30, 2007
From Consumerism Commentary - view blog entries - visit this blog
December 30, 2007 at 10:43 pm ET
I played Rock Band last night at a friend’s house for the first time, and everyone is still talking about my vocal rendition of Roxanne by The Police. I’m not sure whether that is a good thing or not. For those who have no interest in video games and who may not know, [...] ... (more)

Saturday, December 29, 2007
From Consumerism Commentary - view blog entries - visit this blog
December 29, 2007 at 12:05 pm ET
Each month, I take a look at the source of visitors to Consumerism Commentary. While an increasing number of readers use RSS (subscription options) to stay up-to-date and I can’t always see where everyone is coming from, I can thank other blogs or websites that have sent visitors our way. Not including search [...] ... (more)

Friday, December 28, 2007
From Consumerism Commentary - view blog entries - visit this blog
December 28, 2007 at 9:12 am ET
Trying to beat the market through trading based on impressions of short-term trends has the opposite effect. There’s a new study assembled by researchers from three university that shows that those who invest in index funds have better investment returns than those who invest in managed funds. In fact, those who invest in [...] ... (more)

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