$54 Million And The Pantsless Plaintiff–Whose to Blame?

This is a story about a man seeking a pound of flesh. If you haven’t heard, on Monday a judge threw out a lawsuit seeking $54 million for a pair of pants that a dry cleaners lost. To make matters worse, the pantsless plaintiff is an Administrative Law Judge. Now, in all fairness to him, […]


A Frugal Way to Buy a Mac or iPod

I‘m a Mac addict. And now that Macs use Intel chips and can run Windows, I’ll never buy another PC again. A few months back I bought a 20″ iMac and saved $200. How? I bought a refurbished iMac directly from Apple. It came with the same warranty as a full-priced iMac, was shipped to […]


Stocks vs Bonds

Understanding the differences between stocks vs bonds is critical to asset allocation. The allocation between stocks and bonds is one of the most significant indicators of the risks and rewards of an investment portfolio. A stock fund buys shares of publicly traded companies, each share representing a small, fractional ownership interest in the company that […]


How to Invest Like a Pro

My wife and I had a eye-opening conversation about investing the other day. We were discussing our investments, which I manage. The conversation drifted to how my wife would handle our investments should I die. That’s when things got interesting. The long and short of it is that my wife is simply not comfortable making […]


Motivation and Money Tip # 8: Listen

Struggling financially can be a lonely business. Often times we don’t want to tell others about our financial turmoil. Even husbands and wives sometimes won’t talk to each other about a money problem, particularly if the other doesn’t know about the $500 that was charged to the Visa credit card. And eventually, we can convince […]


“Holy Balance Transfer Fee, Batman! That 0% Credit Card Cost Me 6%!”

I just hate misleading advertising, don’t you? The other day I received an offer for my AT&T Universal Card for a balance transfer at 0% interest until January 1, 2008. Zero percent credit card deals can be a great way to save money, which is the hallmark of smarter money management. But as always, I […]