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When is Paying Down Your Mortgage a Dangerous Idea?

I hate debt almost more than anyone I know. I am a HUGE fan of paying off your mortgage quickly, if you decide to have one at all. However, there are[...] read more »
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Watson Inc: My Big, Fat Trashy Home: The Fall of the McMansion

Your house is about 6,000 square feet, almost triple the size of the national average. It has all the bells and whistles. With a crib like this, how [...] read more »
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Is Extreme Frugality For You?

Regardless of the size of that paycheck, for most people it is never quite enough. This is commonly referred to as the rat race. Recently, I read tha[...] read more »
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Economists Blame ME for the Slow Recovery

We are responsible with our money, yet instead of admiration (or even understanding), these efforts garner contempt as the frugal once again get the [...] read more »
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Hey Broke People, Stop Overpaying For College!

Recently, I wrote "Should Cost Be a Factor When Selecting a College." It's a pragmatic perspective because of 1 simple fact. Even in an uncertain [...] read more »
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Will The Dow Really Drop By 90%?

The shocking warning of market analyst Robert Prechter is still being discussed all over the net. He predicted that the Dow will drop precipitously t[...] read more »
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Are the Rich Walking Away From Million Dollar Mortgages?

Data suggests that people in such expensive homes have stopped paying their mortgages at a higher rate than the general population. Are people in the[...] read more »
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Central Banks Swap Tons of Gold for Cash

This move by central banks is highly unusual. Until this year, gold swaps with BIS have been relatively steady. This year the swaps took a spike upwa[...] read more »
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The Phony Rich

The exotic cars, the homes, the private planes, chauffeurs, the celebrity hot spots, and nightly $300-plus per person dinners, etc. all encompass our[...] read more »
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Why Is Debt Really Decreasing?

If you think this change indicates that we have collectively been so scarred by the "Great Recession" that we are now behaving fiscally responsible[...] read more »
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Millionaires Make a Return To Boom Levels

The 2010 Global Wealth Report says the number of millionaires returned to their pre-crisis peak. read more »
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Will the Economy Collapse In 2011?

With the steep increases in federal, state, and local taxes scheduled for next year, will economic activity be stifled to the point of economic colla[...] read more »
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Is It Wrong To Strive For Job Security?

Many of us are striving for job security while simultaneously diminishing our likelihood of becoming financially independent and paradoxically becomi[...] read more »
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Savings Down, Spending Up but What Does it Mean?

New data suggests that Americans are saving less and spending more, as the vicious economic cycle repeats itself once again. In the last quarter, the[...] read more »
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7 Reasons for (and Against) Tracking Net Worth

The true estimate of your financial intelligence is not how much you make but how much you keep. One measure of how much you keep is your net worth. [...] read more »
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