Xin Lu's blog

Investment Gains Taxes Increase - The Worst Tax Policy Ever?

Yesterday Paul Michael wrote an article comparing the income tax policies of McCain and Obama and suggested that he would vote for Obama because Obama's tax policy would benefit ev

Chinese Proverbs About Money and Personal Finance

A commenter on Wise Bread wrote a Chinese proverb about marketing that reminded me that there are many Chinese proverbs about money and personal finance. Here are a few of the one

Welcome to the Real World - My Best Advice for New Graduates

I graduated from college just three years ago, so the confusion and anxiety I felt after graduating college is still quite fresh in my mind. I moved out of my parents' house a wee

The Benefits of a Walkable Neighborhood

Are you able to walk to your daily necessities from where you live? Or do you drive everywhere? Discover how walkable your neighborhood is and see if you can use your car less.

Why "Buy One Get One Free" Is Usually A Bad Deal

Recently, I read about a promotion from a home builder in San Diego where consumers could buy a 4000 square foot house for $1.6 million and get a smaller home by the developer valu

More Tax Credits Coming for Homebuyers?

Yesterday I read a news item that stated the House and Senate are considering another tax benefit for homebuyers and homebuilders. The idea the House is considering is basically g

Need To Lose Some Weight? Put Some Money On It!

Recently I wrote about the incentive my husband gave me to lose some weight . Basically he is willing to forgo half of his entertainment budget if I lose the fat I gained post co

Is It the End of 6% Real Estate Commissions?

This week the Justice Department reached an antitrust settlement with the National Association of Realtors that is meant to spur competition and bring down the standard 6% commissi

Friends Don't Let Friends...

In the past few decades the Ad Council has been running an ad with the tag line "Friends Don't Let Friends Drive Drunk". This ad campaign has been instrumental in decreasing drunk

Should You Choose a Roth 401k or a Regular 401k?

Yesterday I was talking to a friend and he mentioned that his company just started offering the option of investing in Roth 401ks. He was wondering if he should stick with his regu

Need a Cheap Cool Dessert? Make Your Own Shaved Ice!

Last week temperatures here in California soared into the 90s and we needed to cool down. After getting some fat free frozen yogurt we were still feeling hot, so my husband took o

Welcome to Container City - How Shipping Containers Are Recycled into Green Dwellings

At any port you can probably see hundreds to thousands of empty shipping containers just sitting around waiting to be loaded. In recent times these containers have not only transp

Is Social Security Just A Grand Ponzi Scheme?

I received my Social Security statement this week and it was a useless piece of paper to me since I do not qualify for retirement benefits yet. I always hear critics of Social Sec

Free Bag of Yummy Corozonas Chips!

Get a coupon for a free bag of Corazonas heart healthy snacks!

Get Free Hotel Stays with Wyndham's Best Rate Guarantee

Yesterday my super cheap ex-boyfriend told me that I would be proud of him.

How Big of a House Do You Really Need?

For my entire life, I have never lived in a place bigger than 1400 square feet. The smallest dwelling I had was a studio less than 400 square feet which I shared with my parents.

The Gasoline Pump "Y2K" Problem

Here in San Mateo County, many gas stations are starting to sport prices above $4.00 per gallon. The trusty Gas and Shop down the street is still holding on to $3.93 per ga

Are You a Yawn?

I am familiar with the meaning of hippies and yuppies, but today I heard a funny new word for a demographic of people - yawns. YAWN stands for Young and Wealthy but Normal. It i

New Postal Rates Are Coming, Should You Stockpile the Forever Stamp?

The United States Postal Office will be raising their postal rates once again on May 12th, 2008. Is it time to stock up on the Forever stamp? Is this stamp that retains its value

A Simple Guide to Series I Savings Bonds (I-Bonds)

After the recent interest rate cuts by the Federal Reserve many of my bank and money market interest rates plummeted.  Now the best yield I have is on my Series I Savings Bonds iss