links for 2006-10-29 * Get Rich Slowly

links for 2006-10-29 Print

Sunday, 29th October 2006 (by J.D.)
This article is about Spare Change

What Use Is Personal Finance Advice If You’re Making Minimum Wage?

Great entry that links to other discussions on the subject. This is a tough question to answer.

(tags: minimumwage goals career work)
The New Yorker: Millions for Millions

“This year’s Nobel Peace Prize winner and some high-tech entrepreneurs are competing to provide credit to the world’s poor.”

(tags: economics)
The Bean Counter’s adventures: Challenges I face in building my EF and eliminating CC debt

A great discussion of the everyday personal finance choices we all make.

(tags: personalfinance choices)

1.
MOMM Says:
October 29th, 2006 at 11:47 am
Thanks for linking to the min. wage post. My brothers are both in this situation and it feels like they are stuck. I’d love to give them some clear cut answers - or at least be able to help out a lot!
2.
Ricky Buchanan Says:
October 31st, 2006 at 2:05 am
The post “What Use Is Personal Finance Advice If You’re Making Minimum Wage?” was good, but it boiled down to “get a higher paying job”.

Am I the only person who is on a fixed income (I am 100% unable to work due to disability) and interested in making the best of it? I doubt it very much. I would love to see you wrote something about my type of situation… what is the best way to look after the few thousand dollars I won last year (I put it in a low fee mutual fund)? How are the pennies best stretched? How important is it to get out of the trap of buying shoddy cheap stuff where replacements eat cash in the long term?

Lots of issues! I am not under the delusion that I will ever be rich, but making the best of a situation is important too.

Regards,
r
[Please excuse mistakes/brevity, typed via on-screen keyboard due to disability]
3.
bc Says:
October 31st, 2006 at 5:22 am
I enjoyed the min wage article too.

And…thanks for the link to my blog.

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