Posted 16 weeks 2 days ago by Philip Brewer
Self-sufficiency is producing the actual stuff you use--your own food, your own clothes, etc. It's not a common lifestyle. Most people chose instead to follow the path of self-reliance. Rather than directly producing the things they use, they produce something they can sell for money, or else they work for someone who will pay them money, aiming to earn enough to buy what they use.
Posted 18 weeks 6 days ago by Paul Michael
Wow. I guess pigs may just fly after all. Because, believe it or not, the goverment is actually paying out the economic stimulus checks ahead of schedule. And that means you could get your cold, hard cash as early as Monday, depending on your SSN.
Posted 19 weeks 2 days ago by Linsey Knerl
Watching my local newscast a few nights ago, I was disturbed by the assumption that the anchor made regarding rising gas prices and consumer reaction. In direct response to the possibility that gas would reach $4.00/gallon, he mused at whether even this horrific amount for gas would be enough to “change consumers’ habits.” What? As if we’re not doing that already.
Posted 31 weeks 1 day ago by Paul Michael
As you’re no doubt aware, President Bush has created an economic stimulus package in the hopes of stalling the impending recession (or if you believe some, depression) that’s on the horizon. It’s not approved yet, but it has already passed its first major hurdle – The House Of Representatives approved the $146 billion dollar deal. Want to know how much you'll get?
Posted 32 weeks 1 day ago by Xin Lu
The Federal Reserve just cut the interest rate by 0.75% between two official meetings! This is the largest cut since 1982 and it was like an adrenaline shot to the sagging stock markets. This move means different things for different people and for some consumers it is excellent news. How could these consumers take advantage of this event?
Posted 33 weeks 6 days ago by Xin Lu
What if a magical spaceship from the planet Cheapos came to earth and brainwashed everyone so that every single American stopped buying useless junk and started to live way below their means? Here are some things that I think could happen if the denizens of the United States became tightwads over night. The effects will be global, and they are not all good.
Posted 36 weeks 1 hour ago by Philip Brewer
I don't know if a recession is coming. Nobody does. We may dodge the bullet for a while. On the other hand, the economy may already be in recession. You don't need to know the future, though, to make some wise moves.
Posted 38 weeks 1 day ago by Paul Michael
You have to hand it to UPS. They crunched the numbers, they looked at the hard facts and they figured out that by limiting the number of left-hand turns made, you can save a whole bunch of money on gas.
Posted 40 weeks 4 days ago by Philip Brewer
How bad could things get? The New York Times asked that question about the economic situation. It's a good question, but they gave a really bad answer.
Posted 49 weeks 6 days ago by Philip Brewer
Among the Wise Bread community, I get the sense that there's a kind of "pox on both their houses" attitude to the problems in the subprime mortgage markets. People who worked through their own credit problems (or avoided having any) can't stir up much sympathy for people who bought houses they can't afford--and pretty much nobody has any sympathy for the mortgage brokers and hedge funds that lent them the money. A new guide from Americans for Fairness in Lending, though, shows that the damage actually hits at every level, from the individual borrowers (including borrowers with good credit), through the neighborhood, local economies, and the national economy. With their kind permission, we're presenting the guide here on Wise Bread.
Posted 49 weeks 6 days ago by Paul Michael
I'm not sure how many of you watch the news or read the news blogs on a daily basis. I know I can't, it's way too depressing to do every day. But when I saw that George W. Bush, our President, claimed he was fiscally responsible I almost snorted tea out of my nose and onto my monitor. Fiscally responsible? Seriously?
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| Posts | Cmts | |
|---|---|---|
| Andrea Dickson | 6 | 44 |
| Carrie Kirby | 3 | 7 |
| Julie Rains | 4 | 7 |
| Linsey Knerl | 13 | 37 |
| Lynn Truong | 5 | 2 |
| Mary Webber | 3 | 1 |
| Myscha Theriault | 8 | 45 |
| Nora Dunn | 8 | 1 |
| Paul Michael | 12 | 24 |
| Philip Brewer | 10 | 26 |
| Sarah Winfrey | 2 | 2 |
| Will Chen | 3 | 3 |
| Xin Lu | 7 | 16 |
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