Best Money Tips: Go Forth and Save
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You can almost see the grass grow Welcome to Wise Bread's Best Money Tips roundup. This week, we look at way to prevent identity theft (do they work?), saving money on utilities with rain barrels, saving money on meds, how to prep for job interviews whenever the economy recovers, how to buy a used car, and more.
Get Rich Slowly asks if you should write "See ID" on your credit card signature box - and readers respond with a variety of theories as to why it's a good/bad idea.
Frugal Duchess shares her wardrobe malfunction contingency plans - learn why you should keep a stapler handy.
Rain barrels are a great way to save money on water bills year round, but they aren't cheap. Bargaineering offers some hacks for building one.
Alpha Consumer takes a look at living debt-free, and locates a ridiculously handsome example of debt-free manliness in our own Greg Go.
The Digerati Life provides a variety of ways to save money on medications.
Not that anyone is hiring anymore, but let's just say that you manage to land an interview. Dumb Little Man tells you ten things you need to know before you set foot in that conference room.
Squawkfox has plenty of tips on buying a used car, which, let's face it, is all that there will be in this country in ten years.
Stop Buying Crap has a concise but timely bit about medical billing mistakes - check your bills before paying and fight, fight, fight against billing errors!
Personal responsibility is the first step to taking control over your life and your finances. Christian Personal Finance tells you why.
If you have a suggestion for the next round-up, please share them in the forum!
Tagged: Frugal Living, best money tips
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Wall street executives get actual bonuses based on profits on paper. Let's say that they bought a stick that increased a lot. But they didn't sell it. But they still got bonuses (actual money) based on profits on paper. Now, if the stock falls then the profits gets wiped out but the executive still has the money.
This is not fair at all. Either he should return the money or he should get bonus only on actual and real hard cash profits (that is, they need to sell the stocks at a profit). If this was done from the beginning then we wouldn't have seen the financial crisis like this because no one would have bought sub-prime so much (packaged in exotic investment vehicles). To get bonuses, they would have had to show real profits from sub-prime and then they wouldn't have bought so much sub-prime.
To do a good job in financial management and plans, and then in accordance with the plan to distribute their money, you must control your Desire.;)