Roundup and Link Love: Debt Is The New Red Menace
Written by Robert White on February 11, 2011 – 10:16 pmBack during the cold war, communism and the countries that supported it, were called the “Red Menace.” It was the driving factor in many policy decisions (foreign and domestic), was the impetus to the US defense buildup, and profoundly affected thought processes of American society.
Recently, Indiana Governor Mitch Daniels spoke to the Conservative Political Action Conference, calling our country’s incomprehensible amount of debt the new “Red Menace.” I have to agree.
“We cannot deter it. We cannot negotiate with it any more than an ice-burg or a great white. I refer to
Tags: Menace, Red Menace
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Review: Getting More
Written by Jessica Clark on February 11, 2011 – 8:15 pmEvery Sunday, The Simple Dollar reviews a personal finance or other book of interest. Also available is a complete list of the hundreds of book reviews that have appeared on The Simple Dollar over the years.
One aspect of getting a good deal that I do not enjoy is the negotiation process. I’ve gotten over my unwillingness to negotiate at all. My problem now is that I’m never sure if I’m negotiating too firmly. I tend to walk away from things if I don’t get the deal that I want and I tend to negotiate pretty hard.
My approach to this, as always, is to learn more, and that’s where Stuart Diamond’s Getting More comes in. The subtitl
Tags: Review, Review Getting
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Financial budgeting is easier than ever by using technology
Written by Robert White on February 9, 2011 – 10:46 amThe most common refrain I hear when people talk about financial budgeting (or their inability to do so) is that they don’t have the time, the know-how or the resources to get their spending under control. But all of that should be a thing of the past because technology has made it easier than ever to budget and cut back on expenses. All the tools are there to be used and they’re all simple as heck to learn. All that is missing though is the will-power and the desire to make this technology work for them. The means to leverage this technology is all there, and especially when it comes to personal finances.
You can make the simplest budget using Excel or some other such program (or Numbers for you Mac users, if you so please). You
Tags: Budgeting, Financial Budgeting
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The Power of Balanced Thinking
Written by Jessica Clark on February 8, 2011 – 12:05 pmWhen I first started writing this article, it had a much more challenging title. I originally titled it
The Power of Negative Thinking
The problem with that title is that negative thinking, just like positive thinking, is unbalanced on its own.
Let me explain what I mean.
I’m a huge believer in using positive thinking as fuel in your own life. Positive thinking can help you set powerful goals, can help you keep on track with those goals, and can get you in the right mindset for opportunities that can come your way.
The problem is that positive thinking alone ignores risks.
It is pure positive thinking that enables a bank to give someone a loan with payments that exceed that person’s monthly income.
Tags: Thinking
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Advantages of Reverse Mortgage
Written by Robert White on February 7, 2011 – 9:06 amThere comes a point in life where you need to save enough for your post retirement period. This is essential for all those serving in the service sector or serving their country. The post retirement period is one where families live on pensions and other funds which they might have saved. This might include a home which is the first and foremost priority for the elderly. The reason for this is that every person has to retire one day as its inevitable.
During the post retirement period, when a family owns a home, then they might consider reverse mortgage.
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