Thinking about adding some weather-stripping to your house this winter? Need roof patching or a furnace tune up? Do not try to save money by hiring a non-licensed contractor or someone who is not qualified for the job. Even licensed contractors make huge mistakes sometimes, and knowing what to look out for could save you […]
Like a lot of people this week, my wife and I have been seduced by the media attention surrounding the half-billion dollar Powerball lottery prize – the nation’s second biggest lotto jackpot ever. And so, last night, we bought a single $2 ticket. Not so much for the odds of winning all that money (statistically, […]
Holiday gift buying has always been particularly anxiety-fraught for me; my mother raised me to believe if it is the thought of a gift that counts, much thought should go into every gift. In a universe of millions of products, finding a perfect thingamajig that each of your recipients will actually use and appreciate is […]
There are several disconnects between financial advice and financial reality that annoy me. One such disconnect revolves around the advice to NEVER carry a credit card balance. No credit card debt, no problem. It’s abstinence-only financial education. The reality, however, is that lots of us know borrowing against credit cards isn’t wise, but we do […]
It was a tradition, something my mother and I did together on the Friday after Thanksgiving. We would spend the morning leisurely perusing the sales and then have lunch at I. Magnin’s, the august department store at the base of Union Square in San Francisco. My mother always insisted I put on my best Sunday […]
Editor’s note: We have a love/hate relationship with the madness of holiday shopping. On the one hand, shopping sales can net you more stuff for less cash. On the other, submitting to grating ads, ever-earlier store openings, and panic-inducing crowds is hardly a pleasant way to spend our precious time. Today and tomorrow we’ll explore […]
The media loves a good dramatic story. As they say “If it bleeds, it leads”. That motto isn’t just about physical violence, it can also apply to a bleeding economy. When you hear something on the news keep in mind that it’s on the news because it’s rare, and probably awful. Don’t let the media knock your investment strategy off course.