Get Rich Slowly
 RSS Feeds     Facebook Facebook    Twitter Twitter
Home | About | Archives | Forum | Contact
  • Popular:
  • Savings Account
  •  
  • CD Rates
  •  
  • Checking Account
  •  
  • Home & Mortgage
  •  
  • Credit Cards
  •  
  • Insurance
  •  
  • Get out of Debt
  •  
  • Best of GRS
As seen in: The Wall Street Journal, Money Magazine...
Email/Newsletter Sign Up


GRS Bank Rates Center
  • Compare Savings/Money Market Account Rates
  • Compare CD Rates

Find the best rates on CD, Money Market and Savings Accounts


Account Type:
  • Certificates of Deposit
  • Savings and Money Market Accounts
Deposit Amount:
  • <$10,000
  • $10,000-$19,999
  • $20,000-$39,999
  • $40,000-$99,999
  • $100,000+
Term:
  • Up to a year
  • >1 year

Personal Finance Hour on Blogtalk Radio
Hear the Personal Finance Hour with J.D. Roth on Mondays at 3pm Pacific/6pm Eastern

Share your opinion: Take a quick poll

Essential Money Skills
  • An Introduction to Money Market Accounts
  • How to get out of debt
  • The best online high-yield savings accounts
  • Current CD rates at online banks
  • How to live on less and love it
  • How to start a Roth IRA (and where to do it)
  • How to choose a credit card
  • Using spreadsheets to learn about money
  • 25 of the best books about money
  • The balanced money formula
  • 9 methods for mastering your money in 2009
Best of Get Rich Slowly
  • Homemade Christmas Gifts
  • The GRS garden project
  • Healthy food on an unhealthy budget
  • How I cut my television bill in half
  • How to build confidence and destroy fear
  • A simple way to get more out of life
  • The perfect is the enemy of the good
  • How to beat the procrastination habit
  • Luck is no accident
  • The psychology of happiness
  • The road to wealth is paved with goals
Recent Articles
  • The Best Pot Roast Ever: A Frugal Recipe for November
  • The Curse of a Big-Win Mentality
  • Knocking Out the Beliefs That Hold You Back
  • Daily Links: 11,643 Words Edition
  • Ask the Readers: What Do You Do for Frugal Fun?
  • The Regrets of Christmas Past
  • The Personal Finance Hour, Episode 26: Financial Rules of Thumb
Categories
  • Administration
  • Asides
  • Ask the Readers
  • Basics
  • Books
  • Budgeting
  • Career
  • Cars
  • Choices
  • Clothing
  • Consumerism
  • Credit Cards
  • Debt
  • DIY
  • Economics
  • Education
  • Entrepreneurship
  • Food
  • Frugality
  • Funny Money
  • Giving
  • Gurus
  • Health & Fitness
  • Hints and Tips
  • House and Home
  • Insurance
  • Interviews
  • Investing
  • Kids
  • Marketing
  • Money Hacks
  • News
  • Odds and Ends
  • Planning
  • Real-Life
  • Relationships
  • Retirement
  • Savings
  • Self-Improvement
  • Shopping
  • Spare Change
  • Taxes
  • The Best of GRS
  • Tools
  • Travel
Popular Discussions
Don't Panic
How to help struggling relatives
Entrepreneurship
Employee vs. independent contractor status
The Skinny Debt Dieters
Decluttering your finances
How to Retire
What percent of your paycheck goes to your 401K?
Smart Banking
Investing in index funds
Paying It Off
$20K in credit card debt - suggestions?
« Ask the Readers: What if You Have No Credit History? | Main | How One College Student Handles Credit Cards »

links for 2006-12-20     Print

Wednesday, 20th December 2006 (by J.D.)  
This article is about Spare Change
  • Paycheck to paycheck: Make your dollars stretch further - Dec. 14, 2006
    “The Schuetts have an enviable income. So why are they having a hard time making ends meet?” [Thanks, Tim!]
    (tags: money debt choices lifestyles)
  • altvoices.org - Maxed Out Youth
    “The Taiwanese government, media, retailers and banks all encourage young people to spend beyond their means. Now rampant consumerism is also creating serious problems.” [Thanks, Su Yin!]
    (tags: consumerism debt)
  • Q: ‘Buried’ in debt, can he dig out? - USATODAY.com
    “Two years after graduating with a degree in theater, Townsend, 25, finds himself loaded with student debt and working at a job that doesn’t pay enough to make the payments.” [Thanks, Kristina!]
    (tags: debt youngadults studentloans)

 
You may also be interested to read:
  • Survey: Best Location for Links?
  • Daily Links: Compound Interest, Web Income, and Happiness
  • links for 2006-10-29
  • Word2Word: Free Online Language Tools
  • links for 2006-08-08

2 Responses to “links for 2006-12-20”

  1. 1.
    Cheng-Jih Chen Says:
    December 20th, 2006 at 4:08 am

    The CNN article on the Schuetts is less a story of profligate lifestyle, but more one of the husband’s buying into the housing bubble with investment property purchases that are not panning out. If you look about 2/3s down the article, you’ll see that:

    “A closer look at the Schuetts’ finances reveals, for example, that a big chunk of their income is eaten up by two rental properties. Brian purchased them thinking they’d generate extra income, but he has yet to find tenants.”

    Cut that out — sell and accept the capital losses on sinking properties — and I’m sure they will no longer be living paycheck to paycheck.

    The article is misleading: it’s not that their high income isn’t keeping up with what appears to be an upper middle class lifestyle, it’s that they’ve made bad investment choices and haven’t faced up to that fact. That’s a different personal finance story, but it doesn’t fit in with the author’s premise of a struggling high income couple just trying to live life.

  2. 2.
    Wesley Says:
    December 20th, 2006 at 10:39 am

    I agree with Cheng-Jih Chen…these people aren’t dumb, but their decisions lack timeliness. They definitely need to dump the rental properties…more thought, less infomercials!

Leave a Reply

Click here to cancel reply.

Subscribe without commenting

Subscribe to comments on this post via RSS feed.
« Ask the Readers: What if You Have No Credit History? | Main | How One College Student Handles Credit Cards »

Copyright © 1999-2009 by GetRichSlowly.org All Rights Reserved

Privacy PolicyUPDATED, Terms of ServiceUPDATED

Disclaimer:All information provided on this site is for informational purposes only. GetRichSlowly.org makes no representations as to the accuracy, completeness, suitability or validity of any information on this site and will not be liable for any errors or omissions in this information or any damages arising from its display or use.