Wow. Kris and I slept in until 9:43 this morning! That hasn’t happened in years. I almost didn’t get my fantasy football lineup altered in time. I’ve spent the last hour-and-a-half lounging in bed, catching up on other personal finance sites. Here are some of the articles I found:
- At The Simple Dollar, Trent asks, “How can a frugal person buy expensive items?” I think Trent does a great job of differentiating between cheap and frugal. I agree that being cheap is often more expensive than paying for quality. It can be a difficult line to walk, of course. I’ve begun shopping for new living-room furniture, which is forcing me to wrestle with these sorts of questions.
- Unclutterer has instructions for creating an inventory of your permanent storage. This is something that Kris and I have been telling ourselves we need to do for years. I’ve bookmarked this article for future reference.
- A lot of people have begun to worry that the U.S. economy is in a tailspin. For you folks, Jim has some suggestions for what to do during a recession.
- At Free Money Finance, FMF writes that starting your own business is a good way to get rich. I’ve said this many times: increasing your income is one of the best ways to improve your personal finances.
- JLP wonders if equity harvesting is a good idea. What’s equity harvesting? It’s a way of taking equity out of your house to place in another financial vehicle (in this case, life insurance). This sort of stuff sets off my alarm bells.
- Dumb Little Man has advice on how to work 9-to-5 and enjoy it. I think this is a great list. I’ve had jobs I’ve loved before, and they usually possessed many qualities on this list.
- Nickel has a look at 2008 IRA contribution limits.
- At Consumerism Commentary, Flexo warns that many Do-Not-Call list entries are about to expire. Apparently registering for this list only prevents tele-marketers from calling you for five years. If, like me, you signed up when the list first became active, your phone number will soon become public again.
- NCN writes about his emergency fund: how he set it up, how it’s changed, and what form it takes now.
- Writing at MSN Money, Liz Pulliam Weston looks at what it really takes to retire at 50. Many people I know — including myself — would like to retire young. For most of us, that’s a pipe-dream. But Weston looks at how this dream can actually come true. (She also has a piece on real-life stories of people who have retired early.)
- Finally, at Freelance Switch, Leo explains how to continually sharpen your skills.
Now that I’ve caught up on other blogs, it’s time to start writing some articles for this one!
GRS is committed to helping our readers save and achieve their financial goals. Savings interest rates may be low, but that is all the more reason to shop for the best rate. Find the highest savings interest rates and CD rates from Synchrony Bank, Ally Bank, GE Capital Bank, and more.