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Archive for the ‘Miscellaneous’

Late Edition - The Canadiens Made it!

April 21, 2008 By: The Financial Blogger Category: Miscellaneous 5 Comments →

YIIHHHAAAA!!!!

 Canadiens

This post won’t be long, well long enough to let you know that my team finally beat up the Boston Bruins! It was a crazy game and they won 5-0!

 

The Bruins showed us a great lesson; you don’t need talent in order to win, you just need to work hard. Then, the Canadiens thought us that if you have talent; you only need to use it when it really counts to get to the same result.

 

This is an interesting dilemma; should you always work hard and spend a lot of energy and time in everything you do or should you use your specific talent when it really matters and get almost the same result?

 

Everything is a matter of result…

 

image source : rds.ca

 

 

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Carnival of Money Stories #54 – My Old Man Thoughts Edition

April 08, 2008 By: The Financial Blogger Category: Miscellaneous, Reviews 23 Comments →


Welcome to the 54th edition of The Carnival of Money Stories! As my dad was my first model on how to handle money, I decided to let my father presents this carnival so he can share with you some of his thoughts about several topics. You may conclude that I learned more to do the opposite of what the does than listening to him!

 


Now son, get out the way and let me type on this weird machine called a computer!

old man thoughts

- My favourite sons -

I only have one son so I don’t have to care about favouritism within the family. So here are my favourites articles from this carnival:

- They Want To Get Money Fast by The Digerati Life. I always tried to get rich quickly and it worked a few times. The problem is not to get rich, but to stay that way!

favorite son


- The Importance of Teaching Your Kids To Save by Financial Learn.
I showed my son everything I knew about finance; he did what I told him to do instead of doing what I was doing.

- How I Made $2,667 In Passive Income In March ’08 by Living Off Dividends. That’s my kind of stuff; doing nothing and looking at my wallet growing…

- A Tale Of Two Doctors by Paid Twice. What a mess! I am glad to be Canadians and not to have to worry about medical insurance fine prints!

- Whoring Out Your Spouse For Fun and Profit by Punny Money. ***Readers discretion advised***. Hum… it might be a solution….

- Saving Money -

save your money

Saving Money, this is one thing I never did in my life. I don’t have too, I put all my money into my property! Renovation, amelioration and construction!

 

- Payday Loans are Expensive by Surfer Sam. There are things in life that are quite expensive (like having a wife!)

but Payday loans are a huge waste of money. Surfer Sam found some alternatives.

 

- Going bald is a blessing in disguise by Pinchingcopper. I’m turning 58 soon and I have all my hair. My son however, found that he was saving a good chunk of money every month by turning bald before 30!

- Kroger’s 10 Item Mega Event by Stop The Ride! I love saving money at the grocery stores. This is why I sent my wife to do 5 grocery stores and use all the coupons she can. We are surely saving money even though it takes 4 hours to get everything every week!

- Wedding Photography on a Budget by My Daily Dollar. My son’s wedding was one of the most beautiful days of my life. You gotta find a way to pay the expensive photographer!

- Choosing A Student Credit Card by Millionaire Money Habits. I don’t need to choose the right credit card in order to save money, I take them all!!!

- Pros And Cons Of A Free Term Life Insurance Quote Online by Be Safe Insure. Life Insurance? I’m kinda too old for that. However, if you have a young family, it is definitely a must!

- Frugality Sucks by The DebtFree Playbook Blog. Yeah ! that’s what I am talking about! You have only one life to live. Go for it!

- Money Management -

Money management is easy, the more you make, the more you can spend! When there is nothing left in the bank account, that’s the sign that you have to start working again!

 

- Straight Answers About Personal Financial Planning And Investment Management Are Difficult To Find by The Skilled Investor. You are looking for sraight answers from people with a suit and tie? Are you dreaming????

money management

- How To Track Your Money – Literally by One Minute How-To. I know where all my money goes; to a bottomless pit!

- Yet Another Tax Humor Piece: Interactive Taxes by Mad Kanes’ Humor Blog. Taxes… all I have to say about taxes is… grrr….

- Should A Child Spend The Whole Dollar? By The DebtFree Playbook Blog. Spending is my favourite habit so I would say YES!

- Top 5 Money Management Tips for Seniors by Personal Finance Management Guide. Tips for seniors? Whohoo! I don’t have to worry about my finance any more! Thx!!

- Success Stories: 6th Grade Teacher Worth $500,000 by Can I Get Rich On A Salary. Damn it! I knew I was not doing the right thing!

- Red Flags and FedEx and Are You Sure That Check’s Not Going To Bounce ? by Just Shoot Me Now. Never, EVER write a check when you don’t know if you have the money in your bank account!

- How My Childhood Influences My Finance by Single Guy Money. Just save money while you can since you never know when you are going to need it.

- Childhood Money Memories by Finance Gets Personal. What’s going on? Everybody decided to do a comeback with their childhood memories?

- Three Good Habits of Successful Retirees by Fire Finance. Planning your retirement is quite boring but it is definitely a must.

- Advice To Get Rid Of Your Money Problems by Success Is In You. I should definitely take some notes from this post. This would allow me to keep some money in my pockets!

- Investment and Real Estate -

real estate

I don’t believe in the stock market. The only real investment is properties. You simply can’t go wrong with land and bricks!

 

- Top 10 S&P 500 Index Funds by No Load Index Mutual Funds.

If you know nothing about the stock market and you still want to invest on your own, index funds could be a smart option.

 

- House Buying: My Car Needs Repaired – A Gift From Heaven! By Get Rich Or Die Trying. After reading this post, you can think that there is always a positive twist to any bad luck!

- Consumer Rights When Purchasing New Homes by Silicon Valley Real Estate Blog. There is nothing more frustrating than buying a property that is not properly built. Learn more about your rights as consumers!

- Why I invested in Gold by David Makes Cents. Gold? Stocks? I never understand a thing about this! There is nothing like properties and land, I am telling ya!

- 6 Invesment Misconceptions That Stop You From Becoming A Millionaire by Enhance Life. This Kid might be right, but I still think that investing is too risky and that it’s a waste of time!

- Economy -

The more you want something, the more you have to pay the price! One thing I know is that global economy is responsible for the rise of the price of gas!

 

- Inflation – Here we go again by Wenchypoo’s Mental Wastebasket. Everything I used to buy in my old time is getting so expensive! Where are the cigarette packs at $0.50 ???

 

economy

- Are We Better Off Than Our Parents Were? By Funny About Money. A generation is always making more money than her previous. The problem is that they are spending it all!

- Value of Money by KC Lau. Money is just a tool to get what you want. A pile of cash doesn’t do much on its own. Money has the value you want it to represent.

- Work Environment and Business -

business

I you ever get tired of your boss, tell him to stick it and start your own business. If you are making 100K a year working for a company, tell yourself that they are making much more money on your back ;-)

 

- Have You Ever Had To Tell The Boss “No”? by Free Money Finance. Well, I did much worst than that! I told him that he can keep his job and stack it where I think! Haaa…. The lovely freedom of entrepreneurship!

- Working At Home To Build Passive Blog Income And Giving Up Full Time Job Pay by Money Blue Book. I don’t know how these kids do it, but man, it seems like a lot of fun to earn money from a flat screen!

- Business Loans – How To Get Your Business by Physician Entrepreneur. According to my experience, banks will only lend you money for your business once you are making so much money with it already. There is nothing like borrowing to family to make it happens!

- Great Moments In Self-Regulation by Trusted Advisor Associates. You better checked twice with whom you are dealing with ‘cause nobody will protect you!

- Are You Backable? By Edith Yeung. Many young and smart entrepreneurs have problem being “not backable”. That’s because banks don’t like to lend to people smarter than them.

- What I Actually Do For A living by Antishay Ventenne. This guy is just doing too many things at the same time. I wonder if he found the trick to time travel?

- Other -

Well.. hum… look at that beast… I mean… I really mean “other”!

 

- Karma Chameleon by Have You Seen The Dog Lately? Karma Chameleon? You gotta read it to understand it!

 


other

- Doing Good From The Comfort Of Your Own Home: Cambodia Edition by Paradigm Shifted. Considering philanthropy can only be good for your karma!

 

- How It Happens by Bumblef****ed. Find out how come you are in debts after so many years of working!

- Dealing With The (Possible) Theft Of Your Personal Data by Five Cent Nickel. Getting your identity stolen is worst than running naked in Central Park. You better be prepared!

- The Best (and Worst) April Fools’ Day Joke by My Dollar Plan. Let me tell you something; if anyone ever tell you that you won something for free, it is surely an April Fool!!

Image sources: usaweekend.com, techcastweekly.com, Carrie, Brian, Vagabond Voyages, Short Bart, Altus, Leviathor.

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Should We Ask For More Service From The Government?

March 04, 2008 By: The Financial Blogger Category: Miscellaneous 12 Comments →

This post is in reaction to a great article written by Steve at Brip Blap about how it would be wonderful to not have to save for retirement and health care. While this idea sounds incredibly nice at first, it could end up into a real nightmare over the long run. Some say I have the chance of living in a place where several services are free or almost free. In Quebec (Canada), our entire health care system is free and supported by the government.


We also have 7$/day daycares and it cost about $3000 per year to go to University (college for the states I guess).

Sounds like paradise, isn’t? In fact, it was 20 years. We had one of the most advanced and effective health care system and on top of that, it was free. Our school system was highly rated and the economy was simply booming. This was the good life the baby boomers had.

Theses days, the picture frame is starting to rust and most free systems are falling apart. Our health care structure is abusing almost 50% of the government budget and it is still inefficient. People are waiting about 4 hours in a clinic and over 12 hours at the hospital. I don’t even want to go in the surgical area as you might wait for more than a year in several cases.

Private clinics are starting to grow in a highly debated situation. The unions don’t want to hear about them and try to scare the population away. On the other side, people that can afford additional fees in order to get treated right away have the option.

The truth is that a part of the population abuses from these almost free services. Kids go to school just to pretend they do something, parents that stay at home send their children to daycare and some people go to see a doctor not because they are ill but because they want to see someone (don’t they create Tim Horton’s for that?).

On the other side, these organizations are not managed properly as they are handled by government employees who have no sense of competition or effectiveness. We saw in our economy classes that the worst thing that can happen to a market is to have a monopoly.

If people would simply have to pay a small amount to go see the doctor and pay realistic fees to go to school, we would save more money and buy less plasma tv’s. I am under the impression that some priorities came from savings to buying a bigger house, bigger car, bigger boat…

I am a big believer of the accountability of the human beings. If they always rely on others to pay for their retirement or their health care system, they will never get responsible and simply spend more money. Stop asking what the government can do to help you and start thinking about what you can do to help yourself!

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Carnival of Personal Finance #140 – Prison Break Edition

February 18, 2008 By: The Financial Blogger Category: Miscellaneous 59 Comments →

pb logo

As most people feel handcuffed by their personal finance, I thought I would present the Carnival of Personal Finance #140 under the Prison Break Theme. ‘Cause we all want to break out the rat race!

pb3

Lechero’s best prisoners

The survival of the fittest, the toughest guys in the place, the ones who merits having an upgraded cell:

pb2

source : tvguide.com

 

- What Price Are You Paying To Have It All? The Supermom Myth by The Digerati Life.

- Ask the Readers: Talking about Money? By Million Dollar Journey.

- You Are Not Your Stuff, Your Stuff Is Not You. By My Two Dollar.

- The Parent Trap: They Give and Give and Give … by The Honest Dollar

- What Is A Certified Financial Planner? An Interview with Ciaran McKeever by Moolanomy.

- Ways to Save Money Series by Clever Dude.

- Insurance Poor and Self-Insuring by Fours Pillars.

 

Money Management

When you are stuck in a prison, managing your money to get what you need is very important. T-Bag knows how to manage other people’s money. Here are other inmates who know what to do with a few bucks:

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source : tv.ign.com

 

- Finally! An EASY Way to Track Money and Spending by Simple Nickle.

- What My Parents Have Taught Me About Money by Small Cents.

- Three Failures of Our Brains by Handling Finances.

- Save Money With Small Changes by Finding Financial Peace.

- Assigning a spot for your money by Getting Ahead.

- Biggest Bank Scam - Did You Know About This? By Truthful Lending Mortgage, Refinance Advice.

- Buy Whatever You Want To…After You Save Up by We’re In Debt.

- Emotions and Money by A Dollar A Day.

- Ron Popeil Gives Great Personal Finance Advice by Free From Broke.

- Re-Mortgaging by Move To Portugal.

- Time or Money, What do You Want More Of? By Money Management And You!

- Financial Bookkeeping – Advantages by Growing Money.

- The Week After My Wedding and The Day After Valentine’s Day by Money Ning.

- Lessons I Wish I Learned Earlier by Smart Easy Money.

- Our Approach For Choosing A Financial Advisor by My Wealth Builder.

- What One Area Of Your Personal Finance Management Would You Like To Improve? By No Credit Needed.

 

 

 

Taxes

Each prisoner has to pay a tax in order to survive in Sona. You can talk to Bellick to know what’s happening when you don’t pay them. However, there is always some ways to get around taxes. Some guys find out about a few tricks:

pb5

source : tvguide.com

 

- Expert Q & A: 5 Tax Time Tips for Small Business Owners by American Small Business News

- Uncle Sam is Going to Suck Me Dry by Being Frugal.net

- What Is A Novated Lease? By Novated Lease Australia

- Are you a manic RRSP or 401K maxer? By Squawkfox

- How To Qualify For Bush’s 2008 Economic Stimulus Tax Rebate Check by Money Blue Book.

- Tax Rebate Confusion by Money Myths.

 

- Great News on PMI from The Accountant’s Daughter by Be This Way.

 

 

 

Investing

Invest you time, energy and effort at the right place and you might break out of the prison. If you can’t get to talk to Scofield, you can at least read more about investing here:

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source : tvguide.com

 

- 9 Retirement Killers? Try Only Three! By Retire Happy.

- Biggest Insurance Scams, why all insurance rips you off - Part 2 by The Amatureist Financial Journey.

- Investing - Bond, Money Bonds by Craig’s Coin.

- It Was An Odd Odyssey by Dividend4life.

- Stock Market Investing Tips: #6: What Makes a Good Stock by Green Pastures.

- Investing in Single Stocks - Why I Don’t Do It? By Prime Time Money.

- Are you Saving Enough for Retirement? Check out this Rule of Thumb by The Dough Roller.

- Cross-Over Point Calculator by Money and Such.

 

- Millionaire Rule #8 by Aspire 2 Wealth.

 

 

 

Saving and Frugality

In Sona, every little piece of something might be precious. You can learn from Scofield to know how to put resources aside and save some money by being frugal:

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source : tvguide.com

 

- Save time and money by properly organizing your personal records with these 8 tips by The Personal Financier.

- Frugal Living Tip - Your Favorite Stuff on Sale? Load Up! by Cheap Cannuck.

- How much are your coins worth by Frugal For Life.

- Emergency Fund 101 by Green Panda Treehouse.

- Top 10 Things I Do To Save Money by The Great Money Challenge.

- My Experiment: Asking for a Better Deal by Alpha Consumer.

- When shopping, you gotta compare muffins to muffins by Beyond Paycheck to Paycheck.

- Five Quick Driving Tips for Gas Conservation by Daily Money Hack.

- How My Wife and I Celebrate Valentine’s Day - Past and Present by Lazy Man and Money.

- The Car I Didn’t Buy by Blunt Money.

- Prep Cards Everywhere! By Keeping the Reins Tight.

- Travel by Dollar Frugal.

 

- When Smoking is Good for You by Millionaire Money Habits

 

 

Real Estate

In order to feel better about yourself, you can always try to decorate your cell or try to find a better one. Here are some tricks on how to handle your piece of real estate:

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source : tv.com

 

- Spreading the Gospel? By LivingalmostLarge

- Pay Off Debt or Save for a House by Sound Money Matters.

- Pay Off Debt or Save? By Salt Lake Real Estate Blog

- How to Buy Foreclosed Homes: A Quick Guide - Part 2 by Smart Money Daily.

- Conforming Loan Limits and the Economic Stimulus Package by Searchlight Crusade.

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