Posts I Enjoyed Last Week
Ben at Money Smart Life is running a series on Personal Finance for Sports Fans. So far topics have been covered include why you should ignore what analysts have said and focus on building a success plan instead. And don’t forget to check out this FT story on why Ben decided to pay income taxes for his eBay business.
“While anyone with earned income can participate in a Traditional IRA, the ability to deduct those contributions from your taxable income are dependent on many factors.” That’s what Jeremy says in his 2007 Taditional IRA Deductibility: Know the Rules article.
This week, Golbguru at Money, Matter, and More Musing mused us with a new technique to cut expenses besides the traditional ways of budgeting: Freeze the credit cards! Really???!!! Hope the card is still usable once he decides to unfreeze the spending.
Lazy Man and Money shared his story of what he considers as The Enemy of Good in Entrepreneurism. If you wonder what exactly the enemy is, I can give you a perfect hint.
I never thought that merging a couple’s personal finance after marriage is considered financially stressful. To me, that’s kind of natural. After all, why do we still separate yours from mine when we have “our” family together? But my thoughts don’t agree with what the study finds. Take a look at the ratings of most stressful events by Silicon Valley Blogger and you will find “merging assets due to a marriage” is actually rated as No. 1 stressful event.
Blunt Money has a discussion on the pros and cons of 40-year mortgage. 40 years? That sounds like forever. Other than a lower monthly payment, I don’t the reason for getting a loan for 40 years, unless the rate is very low.
Finally, Matt at Binary Dollar has an interesting video on how little people can make big money.
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lol..yeah the card is usable, although I think the signature on the back might vanish when you put it in water and leave it for freezing.
Nice roundup, thanks for the mention.
Thanks for the mention
Some people don’t get too excited about personal finance but love talking sports. I thought Personal Finance for Sports Fans might help communicate financial concepts from a sports point of view.