Saturday, November 13, 2010

personal finance blog




  • BBB accused of giving higher scores to dues-paying businesses



  • Black Friday: Best Buy circular now in circulation



  • Chocolate, rainbows, and the power of positive thinking



  • Tips for saving this holiday season



  • Live from the labs: This Facebook chat will blow you away



  • One million more children reported with ADHD in 2007 than 2003



  • Snow job: Get your snowblower ready for winter



  • Video: Don’t get burned at Wi-Fi hotspots



  • Daily Dispatch: Google displays special search results for emergency information; New York Times tracks E-book Best-Sellers



  • Lincoln offers free maintenance on 2011 models forever





While I applaud most efforts to improve kids' financial literacy, I still raise an eyebrow when famous jocks get involved. Such is the case with Super Bowl-winning quarterback Drew Brees of the New Orleans Saints.



Brees is teaming with Visa to pump up students' knowledge about handling money. He tours high schools to tell personal

stories, like how his unpaid college cell phone bill jacked up the terms of his first home loan. He also referees a quiz competition called Financial Football, which NFL rookies are also encouraged to play. Every correct answer moves the ball down the field. Teachers and students can download the game for free, and the iPhone has an app for it.



The Visa executive who wrote an article about Brees that appeared on the Huffington Post also directs readers to other virtual money lessons -- the Federal Trade Commission's mall-travel game You Are Here, the Treasury Department's Bad Credit Hotel and Wells Fargo's Hands On Banking.



All good. (And let's not forget WalletPop's recent suggestions for kid finance books.) But I can't help but think that having football players educate the masses in money management is a bit like having arsonists teach fire prevention.



While Brees appears to be a responsible exception, NFL players are notorious for squandering their savings. Seventy-eight percent of NFL players go bankrupt or are in serious financial straits just two years into retirement, according to Sports Illustrated. Sixty percent of NBA veterans meet the same fate five years into their golden umbrella. It seems that champion athletes who have squandered their fortunes could fill a small stadium.



Would you or your child have wanted to hear about money management from the most responsible guy at Lehman Brothers? That's how I liken Brees. He is now the teach-our-children-well face of a billions-earning business that churns out employees who spend as if life were one giant Monopoly board.



Brees also has plenty of wiggle room for mistakes, making $10 million a year. I'm not sure a guy operating in that monetary stratosphere has a lot to tell our children. But because he is Drew Brees, maybe they'll listen.



I've compiled a few other money hints from businesspundit.com that kids can learn for themselves just by reading the sports pages.



Don't do drugs: Hall of Fame linebacker Lawrence Taylor lived fast, snorted cocaine hard, and went bankrupt despite making $50 million in his playing career.



Consider family planning: Evander Holyfield, the four-time heavyweight boxing champion, foreclosed on a home and got sued for falling behind in child support payments. I guess $250 million in career earnings just doesn't buy what it used it to. It was reported that part of Holyfield's problems stemmed from having 11 children. Nearly ditto for $20 million football running back Travis Henry, who has nine children by nine different moms. He told the court he couldn't afford child support.



Don't invest in too many depreciating assets: Baseball slugger Jack Clark went deep -- into debt -- after buying 18 cars, including a $717,000 Ferrari. Going going gone were his $20 million Major League wages.



Get trustworthy support: WNBA pioneer Sheryl Swoopes hit nothing but net gain -- $50 million to be exact -- in a Nike-enhanced Hall of Fame career. Until, she said, agents and lawyers bled her into bankruptcy, with $750,000 in debt.



Here's hoping that Brees won't commit glaring money miscues. Nothing looks worse for a credit card company than when its spokesman for fiscal smarts turns into a cautionary tale.
eric seiger

Arrowheadlines: Chiefs <b>News</b> 11/13 - Arrowhead Pride

Good morning everyone. NJ Chiefs Fan is having some internet troubles so Arrowheadlines is coming from me today. Enjoy (four hours late)....

CBS <b>News</b>: Obama&#39;s G-20 Performance an &#39;Embarrassing Disappointment <b>...</b>

The Blaze is a news, information and opinion site brought to you by Glenn Beck and a dedicated team of writers, journalists & video producers. Our goal is to post, report and analyze stories of interest on a wide range of topics from ...

Emanuel Launches Campaign With Tax Pledge / Chicago <b>News</b> Cooperative

City Clerk Miguel del Valle will enter the race formally on Monday, an aide told the Chicago News Cooperative. Yet another would-be mayor, former Daley aide Gery Chico, continued his petition drive for nominating signatures Saturday in ...


eric seiger



  • BBB accused of giving higher scores to dues-paying businesses



  • Black Friday: Best Buy circular now in circulation



  • Chocolate, rainbows, and the power of positive thinking



  • Tips for saving this holiday season



  • Live from the labs: This Facebook chat will blow you away



  • One million more children reported with ADHD in 2007 than 2003



  • Snow job: Get your snowblower ready for winter



  • Video: Don’t get burned at Wi-Fi hotspots



  • Daily Dispatch: Google displays special search results for emergency information; New York Times tracks E-book Best-Sellers



  • Lincoln offers free maintenance on 2011 models forever





While I applaud most efforts to improve kids' financial literacy, I still raise an eyebrow when famous jocks get involved. Such is the case with Super Bowl-winning quarterback Drew Brees of the New Orleans Saints.



Brees is teaming with Visa to pump up students' knowledge about handling money. He tours high schools to tell personal

stories, like how his unpaid college cell phone bill jacked up the terms of his first home loan. He also referees a quiz competition called Financial Football, which NFL rookies are also encouraged to play. Every correct answer moves the ball down the field. Teachers and students can download the game for free, and the iPhone has an app for it.



The Visa executive who wrote an article about Brees that appeared on the Huffington Post also directs readers to other virtual money lessons -- the Federal Trade Commission's mall-travel game You Are Here, the Treasury Department's Bad Credit Hotel and Wells Fargo's Hands On Banking.



All good. (And let's not forget WalletPop's recent suggestions for kid finance books.) But I can't help but think that having football players educate the masses in money management is a bit like having arsonists teach fire prevention.



While Brees appears to be a responsible exception, NFL players are notorious for squandering their savings. Seventy-eight percent of NFL players go bankrupt or are in serious financial straits just two years into retirement, according to Sports Illustrated. Sixty percent of NBA veterans meet the same fate five years into their golden umbrella. It seems that champion athletes who have squandered their fortunes could fill a small stadium.



Would you or your child have wanted to hear about money management from the most responsible guy at Lehman Brothers? That's how I liken Brees. He is now the teach-our-children-well face of a billions-earning business that churns out employees who spend as if life were one giant Monopoly board.



Brees also has plenty of wiggle room for mistakes, making $10 million a year. I'm not sure a guy operating in that monetary stratosphere has a lot to tell our children. But because he is Drew Brees, maybe they'll listen.



I've compiled a few other money hints from businesspundit.com that kids can learn for themselves just by reading the sports pages.



Don't do drugs: Hall of Fame linebacker Lawrence Taylor lived fast, snorted cocaine hard, and went bankrupt despite making $50 million in his playing career.



Consider family planning: Evander Holyfield, the four-time heavyweight boxing champion, foreclosed on a home and got sued for falling behind in child support payments. I guess $250 million in career earnings just doesn't buy what it used it to. It was reported that part of Holyfield's problems stemmed from having 11 children. Nearly ditto for $20 million football running back Travis Henry, who has nine children by nine different moms. He told the court he couldn't afford child support.



Don't invest in too many depreciating assets: Baseball slugger Jack Clark went deep -- into debt -- after buying 18 cars, including a $717,000 Ferrari. Going going gone were his $20 million Major League wages.



Get trustworthy support: WNBA pioneer Sheryl Swoopes hit nothing but net gain -- $50 million to be exact -- in a Nike-enhanced Hall of Fame career. Until, she said, agents and lawyers bled her into bankruptcy, with $750,000 in debt.



Here's hoping that Brees won't commit glaring money miscues. Nothing looks worse for a credit card company than when its spokesman for fiscal smarts turns into a cautionary tale.
eric seiger

Arrowheadlines: Chiefs <b>News</b> 11/13 - Arrowhead Pride

Good morning everyone. NJ Chiefs Fan is having some internet troubles so Arrowheadlines is coming from me today. Enjoy (four hours late)....

CBS <b>News</b>: Obama&#39;s G-20 Performance an &#39;Embarrassing Disappointment <b>...</b>

The Blaze is a news, information and opinion site brought to you by Glenn Beck and a dedicated team of writers, journalists & video producers. Our goal is to post, report and analyze stories of interest on a wide range of topics from ...

Emanuel Launches Campaign With Tax Pledge / Chicago <b>News</b> Cooperative

City Clerk Miguel del Valle will enter the race formally on Monday, an aide told the Chicago News Cooperative. Yet another would-be mayor, former Daley aide Gery Chico, continued his petition drive for nominating signatures Saturday in ...


eric seiger

eric seiger

A Specialized Meat Shop at the St lawrence Market by adawnjournal


eric seiger

Arrowheadlines: Chiefs <b>News</b> 11/13 - Arrowhead Pride

Good morning everyone. NJ Chiefs Fan is having some internet troubles so Arrowheadlines is coming from me today. Enjoy (four hours late)....

CBS <b>News</b>: Obama&#39;s G-20 Performance an &#39;Embarrassing Disappointment <b>...</b>

The Blaze is a news, information and opinion site brought to you by Glenn Beck and a dedicated team of writers, journalists & video producers. Our goal is to post, report and analyze stories of interest on a wide range of topics from ...

Emanuel Launches Campaign With Tax Pledge / Chicago <b>News</b> Cooperative

City Clerk Miguel del Valle will enter the race formally on Monday, an aide told the Chicago News Cooperative. Yet another would-be mayor, former Daley aide Gery Chico, continued his petition drive for nominating signatures Saturday in ...


eric seiger



  • BBB accused of giving higher scores to dues-paying businesses



  • Black Friday: Best Buy circular now in circulation



  • Chocolate, rainbows, and the power of positive thinking



  • Tips for saving this holiday season



  • Live from the labs: This Facebook chat will blow you away



  • One million more children reported with ADHD in 2007 than 2003



  • Snow job: Get your snowblower ready for winter



  • Video: Don’t get burned at Wi-Fi hotspots



  • Daily Dispatch: Google displays special search results for emergency information; New York Times tracks E-book Best-Sellers



  • Lincoln offers free maintenance on 2011 models forever





While I applaud most efforts to improve kids' financial literacy, I still raise an eyebrow when famous jocks get involved. Such is the case with Super Bowl-winning quarterback Drew Brees of the New Orleans Saints.



Brees is teaming with Visa to pump up students' knowledge about handling money. He tours high schools to tell personal

stories, like how his unpaid college cell phone bill jacked up the terms of his first home loan. He also referees a quiz competition called Financial Football, which NFL rookies are also encouraged to play. Every correct answer moves the ball down the field. Teachers and students can download the game for free, and the iPhone has an app for it.



The Visa executive who wrote an article about Brees that appeared on the Huffington Post also directs readers to other virtual money lessons -- the Federal Trade Commission's mall-travel game You Are Here, the Treasury Department's Bad Credit Hotel and Wells Fargo's Hands On Banking.



All good. (And let's not forget WalletPop's recent suggestions for kid finance books.) But I can't help but think that having football players educate the masses in money management is a bit like having arsonists teach fire prevention.



While Brees appears to be a responsible exception, NFL players are notorious for squandering their savings. Seventy-eight percent of NFL players go bankrupt or are in serious financial straits just two years into retirement, according to Sports Illustrated. Sixty percent of NBA veterans meet the same fate five years into their golden umbrella. It seems that champion athletes who have squandered their fortunes could fill a small stadium.



Would you or your child have wanted to hear about money management from the most responsible guy at Lehman Brothers? That's how I liken Brees. He is now the teach-our-children-well face of a billions-earning business that churns out employees who spend as if life were one giant Monopoly board.



Brees also has plenty of wiggle room for mistakes, making $10 million a year. I'm not sure a guy operating in that monetary stratosphere has a lot to tell our children. But because he is Drew Brees, maybe they'll listen.



I've compiled a few other money hints from businesspundit.com that kids can learn for themselves just by reading the sports pages.



Don't do drugs: Hall of Fame linebacker Lawrence Taylor lived fast, snorted cocaine hard, and went bankrupt despite making $50 million in his playing career.



Consider family planning: Evander Holyfield, the four-time heavyweight boxing champion, foreclosed on a home and got sued for falling behind in child support payments. I guess $250 million in career earnings just doesn't buy what it used it to. It was reported that part of Holyfield's problems stemmed from having 11 children. Nearly ditto for $20 million football running back Travis Henry, who has nine children by nine different moms. He told the court he couldn't afford child support.



Don't invest in too many depreciating assets: Baseball slugger Jack Clark went deep -- into debt -- after buying 18 cars, including a $717,000 Ferrari. Going going gone were his $20 million Major League wages.



Get trustworthy support: WNBA pioneer Sheryl Swoopes hit nothing but net gain -- $50 million to be exact -- in a Nike-enhanced Hall of Fame career. Until, she said, agents and lawyers bled her into bankruptcy, with $750,000 in debt.



Here's hoping that Brees won't commit glaring money miscues. Nothing looks worse for a credit card company than when its spokesman for fiscal smarts turns into a cautionary tale.
eric seiger

A Specialized Meat Shop at the St lawrence Market by adawnjournal


eric seiger

Arrowheadlines: Chiefs <b>News</b> 11/13 - Arrowhead Pride

Good morning everyone. NJ Chiefs Fan is having some internet troubles so Arrowheadlines is coming from me today. Enjoy (four hours late)....

CBS <b>News</b>: Obama&#39;s G-20 Performance an &#39;Embarrassing Disappointment <b>...</b>

The Blaze is a news, information and opinion site brought to you by Glenn Beck and a dedicated team of writers, journalists & video producers. Our goal is to post, report and analyze stories of interest on a wide range of topics from ...

Emanuel Launches Campaign With Tax Pledge / Chicago <b>News</b> Cooperative

City Clerk Miguel del Valle will enter the race formally on Monday, an aide told the Chicago News Cooperative. Yet another would-be mayor, former Daley aide Gery Chico, continued his petition drive for nominating signatures Saturday in ...


eric seiger

A Specialized Meat Shop at the St lawrence Market by adawnjournal


eric seiger

Arrowheadlines: Chiefs <b>News</b> 11/13 - Arrowhead Pride

Good morning everyone. NJ Chiefs Fan is having some internet troubles so Arrowheadlines is coming from me today. Enjoy (four hours late)....

CBS <b>News</b>: Obama&#39;s G-20 Performance an &#39;Embarrassing Disappointment <b>...</b>

The Blaze is a news, information and opinion site brought to you by Glenn Beck and a dedicated team of writers, journalists & video producers. Our goal is to post, report and analyze stories of interest on a wide range of topics from ...

Emanuel Launches Campaign With Tax Pledge / Chicago <b>News</b> Cooperative

City Clerk Miguel del Valle will enter the race formally on Monday, an aide told the Chicago News Cooperative. Yet another would-be mayor, former Daley aide Gery Chico, continued his petition drive for nominating signatures Saturday in ...


eric seiger

Arrowheadlines: Chiefs <b>News</b> 11/13 - Arrowhead Pride

Good morning everyone. NJ Chiefs Fan is having some internet troubles so Arrowheadlines is coming from me today. Enjoy (four hours late)....

CBS <b>News</b>: Obama&#39;s G-20 Performance an &#39;Embarrassing Disappointment <b>...</b>

The Blaze is a news, information and opinion site brought to you by Glenn Beck and a dedicated team of writers, journalists & video producers. Our goal is to post, report and analyze stories of interest on a wide range of topics from ...

Emanuel Launches Campaign With Tax Pledge / Chicago <b>News</b> Cooperative

City Clerk Miguel del Valle will enter the race formally on Monday, an aide told the Chicago News Cooperative. Yet another would-be mayor, former Daley aide Gery Chico, continued his petition drive for nominating signatures Saturday in ...


eric seiger

Arrowheadlines: Chiefs <b>News</b> 11/13 - Arrowhead Pride

Good morning everyone. NJ Chiefs Fan is having some internet troubles so Arrowheadlines is coming from me today. Enjoy (four hours late)....

CBS <b>News</b>: Obama&#39;s G-20 Performance an &#39;Embarrassing Disappointment <b>...</b>

The Blaze is a news, information and opinion site brought to you by Glenn Beck and a dedicated team of writers, journalists & video producers. Our goal is to post, report and analyze stories of interest on a wide range of topics from ...

Emanuel Launches Campaign With Tax Pledge / Chicago <b>News</b> Cooperative

City Clerk Miguel del Valle will enter the race formally on Monday, an aide told the Chicago News Cooperative. Yet another would-be mayor, former Daley aide Gery Chico, continued his petition drive for nominating signatures Saturday in ...


eric seiger eric seiger
eric seiger

A Specialized Meat Shop at the St lawrence Market by adawnjournal


eric seiger
eric seiger

Arrowheadlines: Chiefs <b>News</b> 11/13 - Arrowhead Pride

Good morning everyone. NJ Chiefs Fan is having some internet troubles so Arrowheadlines is coming from me today. Enjoy (four hours late)....

CBS <b>News</b>: Obama&#39;s G-20 Performance an &#39;Embarrassing Disappointment <b>...</b>

The Blaze is a news, information and opinion site brought to you by Glenn Beck and a dedicated team of writers, journalists & video producers. Our goal is to post, report and analyze stories of interest on a wide range of topics from ...

Emanuel Launches Campaign With Tax Pledge / Chicago <b>News</b> Cooperative

City Clerk Miguel del Valle will enter the race formally on Monday, an aide told the Chicago News Cooperative. Yet another would-be mayor, former Daley aide Gery Chico, continued his petition drive for nominating signatures Saturday in ...



I'm the sort of person who likes more reasonable personal finance blogs that are useful and understandable to the average consumer/investor. I look for sites that will teach me how to best save and make use of my money. I don't want to hear about the greatest mutual funds, or investment strategies. I don't want an investment banker or financial analyst to have to translate what's being advocated or the strategies being used. I want simple, easy to follow ways to save a buck or figure out how to make more efficient use of my money.

That being said, here are some of my top picks for a few such sites.

The Penny-Wise Provider

Of course I had to put my personal finance blog first. Found at www.pennywiseprovider.blogspot.com, I couldn't help but plug myself a little bit on this list of personal finance blogs. While I'm still growing the site, I attempt to touch on a variety of subjects that are related to an efficient, effective, and economical lifestyle.

With topics ranging from making your food go farther by de-glazing a pan, to stocking emergency food supplies and preparing for retirement, The Penny-wise Provider blog attempts to provide a little bit of everything when it comes to making the most of your personal finances.

My Open Wallet

And I thought I was neurotic about tracking my expenses and income! This site takes keeping tabs on your money to a whole new level -- which I think is awesome! And to top that, this gal (who refers to herself as "Madame X") is surprisingly open about her financial situation. It's quite interesting to see how she earns and saves and where she spends her money.

Being honest and open about your personal finances is often easier said than done, especially when opening yourself up for the world to see, which is pretty much what MyOpenWallet.com does. As a personal finance blogger myself, I had expectations of doing much the same thing, but when it comes time to put your financial information out for all to see, it can make you think twice.

While this site contains a huge number of posts regarding a variety of money issues, what I find most interesting is the blogger's "Monthly Recaps" in which she updates her net worth and other income and expense related items.

Get Rich Slowly

In my opinion there's nothing wrong with getting rich slowly, as long as you're getting rich. Sure, getting rich fast might be nice, but as long as you're accumulating wealth, taking it slow is often the most common route on the road to wealth for many of us.

Hosting a range of topics relating to what I consider a "normal person's finances", GetRichSlowly.org/blog is geared more toward the things that the common person would find useful in their everyday personal finances. From posts like "Save Money on Shipping with Free Boxes From USPS" to "Free Money-Management Spreadsheets", the posts are more straight forward and focus on topics that are helpful to those other than Wall Street tycoons and big time investors.

The Simple Dollar

TheSimpleDollar.com is another site that is focused toward the regular person's personal finance issues. TheSimpleDollar.com offers regular advice to regular people. It's not that I give a regular person's advice any more weight than I might an expert (actually, I might give it more weight) but it's often just nice to read things in easy to understand terms and language, written by people that don't act as if they've never made a financial mistake in their lives. Learning from our mistakes and the mistakes of others can be one of the best ways to discover personal finance truths that can change our lives.

Bargaineering

From savings accounts to banking, credit cards to news, there's plenty to explore when it comes to personal finance issues at Bargaineering.com. I particularly like the "Frugal Living Column". I always love finding new ways to save a buck!.

Disclaimer:

The author is not a licensed financial professional. The information provided in this article is for informational purposes only and does not constitute legal or financial advice. For financial advice, readers should consult a licensed financial advisor. Any action taken by the reader due to the information provided in this article is solely at the reader's discretion.



eric seiger

Arrowheadlines: Chiefs <b>News</b> 11/13 - Arrowhead Pride

Good morning everyone. NJ Chiefs Fan is having some internet troubles so Arrowheadlines is coming from me today. Enjoy (four hours late)....

CBS <b>News</b>: Obama&#39;s G-20 Performance an &#39;Embarrassing Disappointment <b>...</b>

The Blaze is a news, information and opinion site brought to you by Glenn Beck and a dedicated team of writers, journalists & video producers. Our goal is to post, report and analyze stories of interest on a wide range of topics from ...

Emanuel Launches Campaign With Tax Pledge / Chicago <b>News</b> Cooperative

City Clerk Miguel del Valle will enter the race formally on Monday, an aide told the Chicago News Cooperative. Yet another would-be mayor, former Daley aide Gery Chico, continued his petition drive for nominating signatures Saturday in ...


eric seiger

Arrowheadlines: Chiefs <b>News</b> 11/13 - Arrowhead Pride

Good morning everyone. NJ Chiefs Fan is having some internet troubles so Arrowheadlines is coming from me today. Enjoy (four hours late)....

CBS <b>News</b>: Obama&#39;s G-20 Performance an &#39;Embarrassing Disappointment <b>...</b>

The Blaze is a news, information and opinion site brought to you by Glenn Beck and a dedicated team of writers, journalists & video producers. Our goal is to post, report and analyze stories of interest on a wide range of topics from ...

Emanuel Launches Campaign With Tax Pledge / Chicago <b>News</b> Cooperative

City Clerk Miguel del Valle will enter the race formally on Monday, an aide told the Chicago News Cooperative. Yet another would-be mayor, former Daley aide Gery Chico, continued his petition drive for nominating signatures Saturday in ...


eric seiger

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