Carnival of Money Stories #19 (Dough Roller Presidential Debate Edition)

Welcome to the first Dough Roller Presidential Debate, sponsored by the Carnival of Money Stories. This edition of the Carnival of Money Stories picks up where the recent YouTube Presidential Debate left off. Tonight’s format includes candidates from both parties and focuses exclusively on the subject of personal finance and fiscal policy as told through […]


10 Stupid Things We Say To Ease The Pain of a Market Meltdown

The market was down last week, as I’m sure you all well know. My portfolio dropped about $25,000. It’s times like these that I reflect on the many stupid things I’ve told myself in the past to lift my spirits during a market meltdown. Mind you, many of these things are true, but are they […]


10 Home Value Websites to Lookup the Value of Your Home (and your neighbor’s home)

The captain has turned on the seatbelt sign as an indication that the housing market has been cleared for landing. Please bring your seat backs and tray tables to their upright and locked positions. Turn off all electronic devices, and most importantly, assume the crash position. With housing prices falling, I thought this would be […]


10 Things I Now Know at 40 That I Wish I Knew at 20

The best thing about being 40 is surviving your 20s and 30s. And at 40, I’m considered an old-timer in the personal finance blogging community. Reflecting back on the past twenty years, I realized that I’ve learned a thing or two that I wish (oh, how I wish) I knew when I was 20. Here […]


Housing Down Until 2009 and Prime Borrowers Struggling to Pay

This week two housing items were released that bode well for buyers, but not so well for sellers. The first is that the CEO of Countrywide Financial believes that a housing rebound won’t surface until at least 2009. The second is that delinquencies by prime borrowers (yes, prime) on second lien loans (e.g., home equity […]


Buy Low, Rent Smart, Sell High–The Art of the Lease-Purchase

I recently read a great real estate investing book that I highly recommend. It’s called Buy Low, Rent Smart, Sell High, by Scott Frank and Andy Heller. Before we get to the book, let’s talk about the lease-purchase. Lease-Purchase Strategy A lease-purchase agreement is nothing more than a rental agreement that gives the tenant an […]