We bought a home in the blink of an eye -- the month the housing bubble burst.
I was at a loss for topics to write about the other day, so I decided to go through some of my old drafts piling up and see if anything sparked my interest. And what do you know -- I found a link I'd saved more than a year and a half ago that was just waiting to come out.
What I liked about this post is that it shows just how NOT perfect we personal-finance bloggers really are. We do stupid stuff and blow our money too, just like you -- even when we very well know it's not financially smart to do so. In fact, if you look around you'll notice that many bloggers are blogging BECAUSE they're in debt. They have awesome war stories, unlike myself. (Although some of mine below are pretty close.)
While the wife and I have gone from $0 net worth to $150,000 in a little more than three years, I am not a perfect angel.
Rent is just one of the new expenses you'll face when you move out on your own.
Renting your first apartment can be an exciting undertaking. Unfortunately, despite all the energy and excitement conjured up visiting new apartments and thinking about furniture and floor plans, potential renters need to keep their heads on straight.
We've compiled seven basic but extremely important things that first-time (and, for that matter, all) renters need to remember before signing on the dotted line.
The home debt crisis is changing the landscape, causing millions of vacant homes, rising for-sale inventories and downward pressure on prices.
This post comes from Marilyn Lewis of MSN Money.
The long middle of the foreclosure tsunami rolls on. And on.
The news from RealtyTrac, which counts foreclosure actions (repossessions, auctions scheduled and notices of default) nationwide, is that foreclosures are increasing in 75% of the nation's largest cities.
In the first half of this year, 1.6 million properties were in foreclosure, RealtyTrac reports. Since RealtyTrac has been keeping records, beginning in 2005, the fewest foreclosures -- 68,525 -- were in March that year. The record, so far, was March this year, with 367,056 properties receiving foreclosure filings in that one month alone.
Four states -- Florida, California, Nevada and Arizona -- are responsible for the top 20 metro foreclosure rates. (Read a recap at Listed, the MSN Real Estate blog.)
Darkness -- and a little light
Once you become loyal to a brand, that company counts on your repeat business throughout the course of your lifetime.
I have a confession: Cooking healthily and staying on budget remain constant struggles. Though I'm learning, and hope you're enjoying the journey, I'm ultimately not an expert chef, dietician, or personal-finance guru.
But I am a media professional. And I know a little bit about advertising. And I know that the brass ring of every ad agency in existence is brand loyalty. And I know that brand loyalty can cost a food shopper (you, me, us, etc.) a lot of cash.
- Bing: Which ketchup is best?
Today's article focuses on that phenomenon. What is brand loyalty? When does it start? Why is it less than great? How can it be tamed? You might find the piece a bit drier than most CHG posts (in which case, pace yourself by periodically checking into Cute Overload), but it could also be one of the most important yet.
Federal judge rules against Coca-Cola and allows a lawsuit challenging Vitaminwater's labeling to go on.
Vitaminwater's claim to fame -- that it's a healthy alternative to water and other sports drinks -- is about to get some serious scrutiny.
A federal judge shot down Coca-Cola's attempts to dismiss a lawsuit claiming the drink's labeling is deceptive, setting the stage for further litigation.
Judge John Gleeson, of the U.S. District Court for the Eastern District of New York, wrote a 55-page opinion asserting that Vitaminwater's name could potentially "reinforce a consumer's mistaken belief that the product is comprised of only vitamins and water" and ignores "the fact that there is a key, unnamed ingredient [sugar] in the product."
Wealthy people are probably no more likely to strategically default, or default for any reason, than anyone else.
It is rare that I read something I wish I had written, and even rarer that it comes from a source belonging to the old media. When that happens I get one of my infrequent opportunities to write something positive.
So today I write nice things about a post at The Atlantic by Megan McArdle. (OK, so a blog post is not exactly old media, but it's from The Atlantic, a magazine older than most rocks.) Of course, in saying nice things about that post I will be saying un-nice things about its subject, The New York Times. There is only so charming I can be.
With 2 adults and 3 children, including one in cloth diapers, the washer seems to be running constantly.
We have five people living at our home. Let's say, hypothetically, we all change clothes twice a day. (It's often more than that due to the nonstop accidents, spills, and other things that go on in a household with small children.)
That's 10 outfits to wash each and every day. We also cloth diaper our youngest child.
Needless to say, our washer seems to run all the time. Every time the washer runs, a little money goes straight down the drain. Because it runs so often, it's useful to find little ways to reduce the cost per load. Here are 11 tactics we've found that work for us.
The Volt isn't eligible for a state tax rebate or for guaranteed access to the HOV lanes.
Ah, here's some California dreamin' for you: Cruising alone down the HOV lane in your hugely discounted -- thanks to federal and Cali tax breaks -- 2011 Chevy Volt, without the gas engine coming on.
Yep, it's a dream. Unlike its fellow electric car -- the 2011 Nissan Leaf -- the Volt won't be eligible for California's $5,000 tax rebate for zero-emissions cars or the privilege of using the lanes reserved for hybrids and carpoolers (unless you're carpooling in your Volt).
- Bing: Volt vs. Leaf
In California -- one of a handful of states where the Chevy will become available later this year -- that gives the cheaper Leaf (sticker price: $32,780) a distinct advantage over the $41,000 Volt. (In contrast, the price to lease each vehicle is comparable.) They're both highly awaited and locked in a PR battle for coolest plug-in car. How could this happen?
The stakes are big. "Together, these developments represent a serious advantage for the Leaf over the Volt in what is almost certain to be the world's largest market for electric cars in the short-to-medium term," Edward Niedermeyer wrote at The Truth About Cars.
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