Archive for March, 2008
Car Insurance – Is Liability Only Coverage like Living on the Edge?
I was late for work today, I can’t blame it on my alarm or on traffic, but on a thief because…
…my car was stolen!
Can you believe that? One minute I had a reliable car – albeit, not as easy on the eyes as it used to be, but it never let us down! I can’t describe the [...]
Analysis of “The 11 Principles” by Money Crashers
MoneyCrashers.com has an article a list about a few principles regarding money and we would like to address them. Over all, its a great list. Feel free to comment!
1. Always spend less than you make.
Naturally, this is in first place as it keeps the saver moving in the right direction, regardless of how fast or [...]
What is the Difference Between a Roth IRA and a Traditional IRA?
For many, not knowing where to begin when it comes to saving for retirement is determinant enough to never start. We hope by explaining the difference between a Roth IRA and a Traditional IRA we can help you decide which one fits best into your current and future financial situations. Of course, IRA’s are not [...]
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Words From The Wise…
Quotes have the potential to inspire people to make changes in their lives for the better or to keep them on their chosen path. As passionate as we are about our writing, we know others in the world simply say things better. Having said that, we have picked five financial related quotes that we hope [...]
Where do you Purchase your Contact Lenses?
Until recently, I had no idea how much I have been overpaying for my contact lenses. I pay about $4/month for PSP eye insurance through my wife’s employer, which is one of the most common eye insurers. Like many plans, ours allows each of us about $120 a year that can either go towards contacts [...]
Why Do CEO’s Fail and Receive Millions in Return?
Yesterday, top financial executives from the likes of Countrywide Financial and Citigroup, were asked by Congress to explain why they made so much when their companies and customers were hit with not only losses to their wallets but to their homes. It was quite certain from the start of this hearing that there just isn’t [...]
What Would You Do With $1 Million Dollars?
This topic is not really in line with saving day to day or financial managment, but since its Friday, we thought we would have a little bit of fun. Shown below, is a couple that won $270 million dollars and looked as though it was an inconvenience. Very entertaining to watch to say the least. [...]
Advantages to Eating With Your Parents
We are currently in the process of developing a response to the many heated comments we have received regarding an earlier post on dog food and laundry and cleaning supplies and things of that nature but in the mean time I wanted to stress the importance of eating with your parents on a regular basis.
Before [...]
When the Market Falls, Don’t Panic!
With the recent volatility in the stock market so far this year, investors are seeing major swings in their retirement savings, both up and down. Even with the recent recoveries and interest rate cuts, our markets as a whole are down about 8% for the year, as most investor portfolios reflect. Because of the recent [...]
Peer to Peer Lending at Prosper.com, Is it Worth the Risk?
Prosper.com is a peer-to-peer (P2P) lending website, which allows individuals to either borrow money from other members of Prosper, or invest to those seeking loans. Yes, you did hear that correctly. It does not surprise us that there is yet another way for people to borrow money and more likely, fall deeper in debt. However, [...]
Monthly Round Up for February
Every month we will gather up some of our most well received posts and quotes, in case they were missed as well as to give some financial highlights to consider for the month ahead. We will also discuss some of our sites traffic activity.
We had quite a successful first month! We had well over 3,550 visitors this [...]
List of Everyday Items We All Need, But Spend Too Much On
For those of us struggling with our finances, we need to find ways to reduce spending. Because this is easier said than done, MilkYourMoney has come up with a list of items we all need to purchase, but the majority of us spend too much on. Have any ideas to add, or disagree with some [...]
Importance of Reading Reviews Before Purchases
If you have any suggestions about something you would like to see added, please don’t hesitate to request it…
In order to really optimize money, you need to make sure to make smart decisions about what you buy. One of the best ways of doing this is to read reviews. Naturally, we want more information [...]
