How will new houses hold up?

My wife went to a church retreat this weekend in the Virginia Beach area.  The church still had some time left on the rental (they had paid through today at 10 AM) so there was some time for others (like myself) to come down to enjoy the house for a bit. The house was right … Read more

Are money-saving tips unhelpful to people who really need them?

This article on MSN was convicting: Too broke to save money?  Never Liz Pulliam Weston responds to a reader’s e-mail.  Jason Adair supports a family of three on $40k per year, and he finds most of the money-saving advice available — some of mine, probably as well! — quite unhelpful: “Please, spending $15 at Arby’s … Read more

Tax refund = cushion

We just got our tax refunds for 2005. (We filed for an extension.) It was a decent-sized interest-free loan to Uncle Sam. It’s true that we could increase my paychecks a little by withholding less. We could use the additional money to invest. However, it’s a game to try to get the withholding as low … Read more

Howie Mandel would take the deal

Just because Howie Mandel plays risk-taker provocateur on TV doesn’t mean that he’s a risk-taker himself. The host of Deal or No Deal is risk-averse.   He would rather have a bird in the hand than risk it for the two in the bush.  He talks about the risks and the nature of the show … Read more

Using a windfall to pay off debt

A poster in the Saving Advice Money and Budgeting Forums came across a $92k windfall from a settlement. The poster asked the forum for advice on what to do with it. The debts that the couple had were vehicles: $42k. More than enough to pay off the cars. One (his) would definitely get paid off, … Read more

Buying it now vs. saving money

I felt a little bit like a wet blanket earlier. My wife called up yesterday to ask me about GPS receivers (actually, if she could get one). She and her parents got into geocaching. I was really glad that she called me (we try to discuss any reasonably major purchases). There were a couple of … Read more