Archive for the ‘News’ Category
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Gas Going to $5 in 2012? Here’s How to Fight Back.
Last week, I noticed many media outlets predicting $5 gas in 2012. It seems to have started from this post from GasBuddy. The theory goes that we have some of the highest gas prices we’ve ever had, and during the summer months prices typically get higher. This GasBuddy chart has the nation’s average price at [...]
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A Sucker Punch of Personal Finance to America
In the last 24 hours I’ve had three experiences drastically change how I feel about personal finance in America – one of them major, one of them minor, and one… calling it a stretch would be generous. Last night, my wife called me from her hotel in upstate NY. That’s a long ways from our [...]
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Ask the Readers: Please Explain Occupy Wall Street to Me?
Confession time… I don’t watch a lot of news. In fact, I probably wouldn’t watch the news at all, but it ranks high up there with my wife’s favorite “shows.” However, I did get myself out from under the rock to catch a bit about this “Occupy Wall Street” stuff. I would have likely written [...]
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Is Social Security a Ponzi Scheme? (Part 3: How to Fix Social Security)
The following is a continuation of the Is Social Security a Ponzi Scheme? (Part 1) and Is Social Security a Ponzi Scheme? (Part 2: An Explanation of Social Security Works). Those articles explained the history of Charles Ponzi and the original Ponzi scheme and explained how Social Security works. In this article, we’ll cover how [...]
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Is Social Security a Ponzi Scheme? (Part 2: An Explanation of Social Security Works)
The following is a continuation of the Is Social Security a Ponzi Scheme? (Part 1). That article dealt with the history of Charles Ponzi and the original Ponzi scheme. In this article we’ll cover the Social Security system in general. Social Security also works best as a pyramid There is one common thread that connects [...]
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Is Social Security a Ponzi Scheme? (Part 1: Ponzi History)
As we head toward the 2012 election, you’ll probably hear more politicians echo the thoughts of Texas governor Rick Perry and call Social Security a Ponzi scheme. The mouth of a politician isn’t always the best source of accurate information. Is Rick Perry’s assessment correct? Before determining whether or not Social Security is a Ponzi [...]
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Bitcoins: The Future of Money or End of the World?
… Or it neither or both? A couple of weeks back my friend James Williams had an interesting Tweet. James is the kind of person you follow if you are interested in the technology information that really matters. If technology information to you centers around the release of the white iPhone, you might as well [...]
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Silicon Valley Start-up News (Volume 1)
I thought I’d try something out something a little new this week. While walking my dog last week, I thought about how lucky I was to be in Silicon Valley with piles of personal finance companies all around me. It was barely 4 years ago when I went to preview Mint’s new personal finance software. [...]
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The Looming Government Shutdown May Hit the Lazy Man Household
I had been delaying this post ask long as possible in hopes that the impending government shutdown wouldn’t happen. Assuming you haven’t been living in a bunker somewhere, you’ve probably heard about it. To dumb the down significantly, a bunch of politicians can’t agree on the budget. Without a budget in place, the parts of [...]
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Geriatric Monolith Getting Money, Giving Misery
The following is a guest post by Greg McFarlane. He is an advertising copywriter who lives in Las Vegas and Lahaina. Greg runs ControlYourCash.com and recently wrote Control Your Cash: Making Money Make Sense, a financial primer for people in their 20s and 30s who know nothing about money. You can reach him at greg@ControlYourCash.com. [...]
