Monthly Archives: June 2008

Resource Reminder – 33 Days And 33 Ways Series

A few months ago, I put together a series of posts, focused on helping readers save money and reduce debt.  I called the series 33 Days And 33 Ways To Save Money And Reduce Debt.  (Clever title, no?)  Since then, the number of folks visiting my site and subscribing to its feed has grown, and some of you might not be aware of the 33 Days series.  I hope you’ll check it out and read through the various posts.  Not only did I write about saving money and reducing debt, but several other personal finance writers did, as well.  Their posts are listed as ‘reaction posts’.

(You might ask, “Why 33 and not 30 or 31?”.  I wish I had a better answer, but the truth is, 3 is my favorite number, so I went with 33.)

If you have a website and you write a reaction post to any of the 33 Days articles, contact me and let me know.  I’ll be more than happy to add your post to the reaction section.

So, click on over, check out the 33 Days series, and prepare to start saving money and reducing your debt!

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Looking For Inspiration When The Financial News Stinks

I don’t know how closely you’ve been paying attention to the financial news, but, apparently, stock prices are falling, gas prices are rising, and Larry Kudlow is still “right on America”.  Frankly, while I watch CNBC and keep up with the stock market, I’m a “buy-and-hold” type of guy.  So, while the news looks depressing, I’m hoping that the stock market – and the purchases I’m making right now in my retirement accounts – will rebound and move forward.  (For a great pick-me-up in the face of current news, read this very inspiring article over at The Digerati Life.  I’ve bookmarked it for future reference.  You might want to, too.)

I realize, however, that we can’t just plan for the future – we actually have to live in the present.  So, I’ve combed through my favorite sites and put together a list of tips and tricks that can help us all save a little money – right now – and in the future.

In his always unique style, Punny writes about the 9/80 work schedule.  I don’t have office hours, so I don’t really work 9-to-5, but for those who do, this might be a great way to eliminate a travel day and reduce fuel costs.

Cap notes that 43% of Americans pay their credit cards – in full – at the end of each month.  And, another 17$ ‘usually’ do.  While Cap sees this as a positive (and makes some really good points in his post), that still leaves 40% who ‘do something else’ with their balances.  To ensure that you save money, pay your balances in full, each month (or, better yet, just avoid credit cards altogether!  :) )

The Happy Rock has some great suggestion for how to tipping the scales in your financial favor.  By working hard to establish an emergency fund, he now has feels unburdened and energized.

How cool is this?  Trent just finished writing a book – and he already has a publishing deal.

The Sun’s Financial Dollar reminds that some things in life are free – like a free razor (the kind you shave with, not the kind you talk on).

For those of you with a Bi-Lo in town, Thrifty Mommy notes that they have a new rewards program.  While I prefer Kroger, I do shop at Bi-Lo from time to time, and will have to check this out.

We prayed, and GraceFilled’s automobile is going to be just fine!

Lazy Man is selling – and naming – his computers.  I can hear it now, “Sarah Michelle crashed again!”.

Looking to sell your house?  Money Smart Life has some suggestions, even in a down market.  My wife and I have kicked around the idea of buying a house, but that would, at this time, require borrowing money.  And, I certainly don’t want to do that.

My Open Wallet is looking for singles – and she’s not talking about dollar bills.  If you are looking for love, and you love personal finance, check out My Open Wallet.

My Two Dollars lists 35 ways (pluse a few more) where you can watch TV for free.

My Money Blog notes that Vanguard now has new Global Stock Index Fund.  Amazingly, the fund invests in more than 48 countries!  Wow.  (By the way, if you don’t read My Money Blog, you are missing out!  It’s a daily must read.)

Paid Twice is reducing, nay, eliminating debt!  Rock on!  I love this post, and I love this attitude.

My Dollar Plan has launched a new service which tracks the popularity of personal finance blogs.  That’s pretty cool.

2Million moved to China some time ago and has opened a checking account with a Chinese bank.  Wow.  I realize that people live all over the world, but for a rural boy from Georiga, China feels like it’s a world away.  (Which, when you think about it, it is.)

Blueprint suggests (toung-in-cheek) that you get a divorce – and save money!

Blunt Money reminds us that getting out of debt is about personal responsibility and not silly gimmicks.

Boston Gal points out that several people are turning to ‘fake grass’ in order to save money.  (Side note:  It’s almost July and my grass has been mown exactly twice.  That’s right, twice.  It is so dry, here in Georgia.)

CFO is thinking about Christmas (and it’s just July).  Frugal Dad is too!  Time flies when it’s 98 degrees.

Clever Dude has a very interesting article about shutting off your card in order to save gas.  Read the post carefully.  There are lots of important details.

Ana rocks – and she’s still delivering pizzas for mad cash, even though gas prices have gone up, up, up.  I’ll take a thin crust w/ pepperoni, please.

Hazzard sells some gym equipment, and then faces a moral dilema.  Keep the cash, Hazz!

Frugal Babe bought a solar oven.  I don’t even know what that is, but it sounds very, very awesome.

Gen X revies the book Beyond Paycheck to Paycheck.  I’ve heard this is a great read.

Wow.  I might spend a little too much time reading personal finance blogs!  But, there’s just so much good content out there.  I hope you’ll bookmark this page and comeback to it over the next few weeks.  I like to limit myself to two or three ‘big’ roundups a month.  If you visit one of these sites, tell them that NCN sent you.  Rock on!  (And, I realize that the news can be a bit depressing… Keep your head up, have a plan, and keep doing what you know to do!)

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StreetRead – An Interesting New Site For Stock Quotes And Financial Information

I just received an email from the folks over at Streetread.  So, I decided to take a quick look at the site.  Here are the details:

The site does two things –

1.  It aggregates headlines from several popular financial sites.  (Think Business Week, Yahoo Finance, The Wall Street Journal, etc.)

2.  It helps you gather information about stocks that you want to follow, by presenting stock quotes and the most recent headlines associated with a particular stock.

I signed up for an account.  (Signing up took about 20 seconds, which is nice.)  I only own one individual stock, so I wanted to see if the site would track my ETFs and Mutual Funds.  Unfortunately, while the ETF symbol was recognized, the site would not pull up information for my mutual funds.  Also, it looks like the site only works with U.S. stocks and does not aggregate information for international stocks.

I think the site has some promise, but I’d love to see them add support for mutual funds and increase the number of sites from which they gather information.  Check it out, see what you think – StreetRead.

Personally, I’ll bookmark the site and watch to see how it changes and evolves.  Right now, the site looks very promising, and might become a viable alternative to Google Finance.  (Oddly enough, even though Google is known for its clutter-free design, StreetRead is actually much less cluttered than Google Finance.  For someone like me, who struggles with information overload, this is a huge plus.)

By the way, this post isn’t paid for or anything.  I just thought my readers might find the site useful.

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Should This Post Have Been Labeled PSYCHIC Shopper?

I’ve been working my way through the archives of No Credit Needed, looking for dead links and consolidating a few categories.  Well, tonight, I stumbled upon this post – written more than two years ago – labeled “Psycho Shopper“.

If you read the post, you’ll find out that I purchased 14 boxes of fabric softener sheets.  You’ll even see a pretty picture of those boxes, stacked neatly on the dryer.

No big deal, right?  It’s Just another post about saving money and stocking up on a particular, albeit strange, grocery store item.  Right?

Well, not quite.  You see, if you read the post, you’ll see the following –

If we wash 2 loads of clothing, per day, and use 1 dryer sheet per load, then we will need 365 X 2 = 730 dryer sheets per YEAR. Well, I have 1680 dryer sheets, so, I should be good for, hmmm, let’s see…2 YEARS AND 3 MONTHS. So, the next time I will have to buy dryer sheets will be… June of 2008! HAHAHA! That is insane.

Here’s the kicker.  It’s June of 2008 – and yesterday – we ran out of these dryer sheets!  How about that?  I nailed it.

Side Note:  As I take a look at my grocery store price book – the price of dryer sheets has gone up more than 20% over the last two years.  Inflation, especially at the consumer level, is for real.

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