Weekend Linkage - September 1, 2008
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I took a break from blogging since last Thursday and didn’t touch this site for most part of this holiday weekend. The last time I had one was during last Thanksgiving. So it’s kind of overdue. It’s a little bit strange that staying away from blogs and emails for almost four days didn’t made me feel I really missed it a lot, considering how much time I usually spend on this blog everyday.
Hope you have enjoyed your long weekend and when you have time, here are some catch-up readings for you:
Generation X and Taxes: Who Pays More, the Rich or the Poor? Is there a fair amount of taxes one should pay, rich or poor? I don’t know, but everybody should work to reduce his/her tax burdens, legally.
4 Reasons Why Index Investing May Not Be for You Every investment has its pros and cons, even the seemingly simplest index investing. You need one that fits your circumstance, whether it’s a passive or active investment.
Two Steps to Being a Millionaire and Retiring in Your 40’s Earn more and spend less. That’s it?
Save money when you’re young Or I can say, Start to save for yourself before it’s too late.
How To Get Out Of Debt - An Illustrated Guide To Debt Reduction Some interesting charts for paying off debts, though you should know already everything in the charts if you are in debt.
6 Neat Ways to Build Your Emergency Fund I like “Save Every $5 Bill”
Recession is a Great Economic Opportunity True, you can find all the bargains from stocks to cars when the economy is bad, only if you still have that kind of money when things are going south.
Put Tuition Refund in a High Yield Savings Account as an Emergency Fund There are many discussions on emergency fund (too much perhaps) and using a refund just one way to get it started.
Paying with Cash…Does it Save Money? I wonder why people think paying with cash can save money. If you ask me, then I will say paying with credit cards can save you money.
*Photo from claybennett.com
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Thanks for the mention!
Money and Such’s Post on the recession helps to put a somewhat positive spin on the economic situation.
Sun,
Thanks for the link. The reasons people argue the cash saves them money is because it hurts to depart with cash, plus it is finite. If you have a $100 to buy grocery you can’t buy more then a hundred and you make do. I can second the fact that during my cash only spending experiment, it did save me money because each purchase required more effort and forethought. It was such a radical change in my personal finance system I hated it, but I would say that it would save us much more than any small credit card rewards or interest. When I had to shell it $60 to fill up in cash, it really made me question my driving habits and necessity of my different travel. Changing habits like that will probably save everyone much more than credit cards rewards. Can you have the same mindset without cash, sure, but it will by an upstream struggle.
some great links, thanks for posting them