Wishful Finance Thinking for 2011

I’ve been thinking about some random events/occurrences in the world of money that, if they transpired in 2011, would be quite pleasing to Mr. ToughMoneyLove. For your consideration and comment: Read more

Have You Stupidly Spent Your Christmas Bonus?

Let’s assume that you are fortunate enough to receive a year-end or Christmas bonus. Have you spent it? Or worse, did you spend it in anticipation of receiving it, like Clark Griswold did? Read more

Grandma the Foreclosure Fighter (and Bum)

There is a 71 year old nightmare of a woman who has refused to make a mortgage payment since 1985 and has been successfully fighting foreclosure since then. She uses all kinds of barely there legal arguments, transfers to her daughter, and now bankruptcy. Read more

Secret Spenders Deserve a Special Place in Financial Hell

CNN/Money managed to get 6 people to confess/boast about their talents for “secret spending.” I wonder what their spouses are thinking right now. I know what I would be thinking if I were that spouse: What is more pathetic about my spouse – secretly over-shopping or outing yourself on the Internet? Read more

Strange Happenings at the Book Store

This post is only tangentially related to personal finance but I felt a need to write about my experience as a remote worker anyway. Read more

Foreclosure Investigations = Delaying the Inevitable

You have to be impressed with the ability of the popular media to generate sound and fury over nothing. This time it’s over foreclosure paperwork.

That’s all its about – paperwork. Read more

Business School is a Waste of Time and Money

I have ranted plenty about MBA grads and MBA programs. Just recently, I learned of someone who is trying to do something about the MBA problem. Josh Kaufman, founder of PersonalMBA.com, puts it straight out there:  Business school is a waste of time and money.

Bingo. Read more

Falling Consumer Confidence – A Self-Fulfilling Prophecy?

Another report on consumer confidence has been released, indicating a drop to a seven month low.  BTW – How in the world do you “forecast” consumer confidence?

I fail to understand the significance of “consumer confidence” data on a personal level. Maybe the pathetic politicians worried about re-election should take notice. Not me. I refuse to participate in confidence deficit analysis.  Read more

Is the Credit Junkie Pipeline Fully Primed?

More scary news for our country. It seems that total student load debt in the U.S. now exceeds credit card debt. This is a first ever event. To me, it signifies that whatever credit abuse lessons the parents have learned, their kids are prepared to learn again for themselves. Read more

The Big Debt Downplay

I occasionally listen to the Dave Ramsey show when I am in the car on a weekday. I mostly do it to remind myself that I may know more about personal finance than other people. Those “other people” generally include all callers into the Dave Ramsey show. I don’t listen to the show for the advice.

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