Achieving Financial Freedom Is Simple, But Not Easy

Did you ever notice that personal finance gurus reduce attaining financial freedom to some number of steps? Dave Ramsey has 7 Baby Steps. Suze Orman has 9 Steps to Financial Freedom. I searched for the phrase “steps to financial freedom” and Google returned 2,050,000 hits (in .29 seconds, no less). That’s a lot of steps, […]


Would You Work for Dr. Gregory House?

There are two kinds of people in the world, those that would die for a chance to work for Dr. House (if medicine were their thing) and those that would die before working for Dr. House. Before I explain where I’m going with this, here is short clip for those who are unfamiliar with Dr. […]


The Doomsday Fund: How Planning for the Worst Prepares You for the Best

We’ve all heard the advice before–save three to six months worth of expenses in an emergency fund. The money should be held in a safe, risk-free account such as a money market, certificate of deposit or a good old fashion savings account. In the event you lose your job or incur some unexpected expense, you’ll […]


WARNING: Some 0% Credit Cards Will Cost You A Fortune

Some time back I wrote about the AT&T Universal Card “0% balance transfer offer” that really costs 6%. Well I received another offer from AT&T Universal Card with the same hidden “gotcha”. Here’s the problem. Like many 0% credit card offers, the AT&T card has a balance transfer fee of 3%. Unlike most offers, however, […]


The 123rd Carnival of Personal Finance (The Boo! edition)

Welcome to the 123rd Carnival of Personal Finance (The Boo! edition). October is a scary month. Not only is it home to All Hallows’ Eve, it is also home to some of the scariest stock market crashes in our history. For this edition of the CoPF, I’ll trace the history of some of the largest […]


The Republican Presidential Candidates’ Health Care Reform Plans–Where’s the Beef?

Health care for an aging U.S. population is and will be a major monetary issue for all of us. The democratic candidates each have put forth plans for Universal Health Care. These plans will cost us an amount equal to the GNP of many small countries. Voters need to see alternatives to these costly plans, […]