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Here’s what I’ve been reading this week:
Over at Million Dollar Journey, Frugal Trader has sparked a bit of a debate with his post about why cash-back mortgages are a bad idea. The discussion has also spilled over to another site, with GatesVP posting his response to some of the comments left.
Clever Dude impressed everyone when he drove 200 miles and kept to the speed limit the whole way. In a follow-up post, he explains how his distorted perceptions led to his lead foot. His story could easily be my own…
For those following the US housing market crunch, Simple Debt-Free Finance points to the story of Casey Serin, a would be house flipper who found himself flipped upside down.
SquawkFox has developed a neat little calculator to help you determine if it’s cost effective to trade your current car for a more fuel efficient model. My result? It would be cost-effective to trade the good ol’ Legacy for a shiny new Prius… after 24 years :).
Finally, something a little more profound to end with - Frugal Dad has a thoughtful post about simplifying your life. My Buddhist monk readers will approve.
Related Posts - Closing Day, Part II: Understanding the Statement of Adjustments In response to yesterday's post about closing costs on the purchase of a new home, it was suggest by Thicken My Wallet (a recovering lawyer himself) that I prepare a similar guide to the dreaded and maligned Statement of Adjustments. He also raised the issue of the difference between your......
- All You Need to Know About Canadian Personal Finance, in 10 Blogs or Less! I was quite amused earlier this week when I got an email from a reader telling me that I had "the worst personal finance blog in the world". It's encouraging to see such an incredibly hyperbolic statement being made, and I'm proud that I can engender such extreme feelings, be......
- Choose Your Own Adventure, Bankruptcy Edition! You have just graduated from a good university with a law degree and a student debt of $100,000. Twenty-five percent (25%) of your debt is a government student loan, whole the remainder is comprised of various private loans and a line of credit. You have no assets aside from your......
Related Websites - An interesting fixed-rate mortgage A good friend closed on land and a building loan today. He was telling me about the loan process and some of the terms of his building loan/mortgage. It had terms that I hadn't run across before, but they were interesting terms.The loan is fixed rate, 30 years, but the......
- The Weakonomist Reads a Book: Why Smart People Make Big Money Mistakes (and How to Correct Them) Can't help myself. Books are fun. I'm trying to keep the reviews short. Go to the library to get them, but if you are going to buy, feel free to go through my Amazon Affiliate in the sidebar. This book was absolutely the coming out party for behavioral economics.......
- Link roundup: Music competition edition Today I attended my Lions Club's student music competition. It's always fun to listen to these. Always a lot of hard work going into these competitions. I hope that these kids continue with the music and keep their hands in it; music is one thing that can bring joy to......
{ 3 comments… read them below or add one }
Thanks for the mention MGL!
Thanks for highlighting my article for your readers!
MGL,
Thanks for the mention.
BTW: You have Buddhist monk readers? That’s pretty cool….