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The Daily Dough (28 June 2007)
Today's insights from the blogosphere and beyond:
- My House Is My Investment @ FundsZine: A good article on whether you should consider your house to be an investment.
- You Are Your Own Worst Enemy @ GetRichSlowly: This is a good real-life story about a couple spending everything they make. I've said it before, and I'll say it again. For all the "5 Easy Steps to Financial freedom" programs out there, it all comes down to three things: (1) How much do you make, (2) How much do you spend, and (3) What do you do with the difference?
- Canceled Cable, Saving $1500 A Year @ Golden Fleece Blog: Everybody should read this article. Not only did Golden Fleece save money, but less TV makes for a better life. When it comes to money and cable, I'm the dumbest one out there. We have "basic cable," meaning all we get are the national networks (no ESPN, no CNN, etc.) We have cable for the easy reception and DVR. All in, we pay about $50 a month. I'll be buying an antenna soon.
- Swinging Away at Personal Finanace @ Money Smart Life: I good general article about know where you are financially and where you're going. It was a guest article written by No Credit Needed.
- About to Lose Your Home? Here is What You Need to do @ My Two Dollars: I hope you don't need this article, but if you do, read it.
Happy reading!
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I have to read your blog more often! These posts are all really interesting. We actually had a really irritating phonecall with my brother-in-law the other day who has drowned himself in debt by buying luxury items he feels entitled to (he’s got better cable than the two of us- we both work “real” jobs, while he delivers subs at 26)… anyway, my husband asked him whether he’d rather be evicted or give up his super-duper cable. He said he’d rather be evicted!
And it’s funny that you linked to that blog post about whether or not your home is an investment- I read a similar entry on InvestorCentric here: http://www.nuwireinvestor.com/blog/archive/2007/06/21/is-your-home-an-investment.aspx, and I think both articles really made me rethink how I view buying a home.