My first post in this series was about how home ownership is more risky than renting, although less risky than most people give credit. My second post was about how the “hidden” costs of home ownership are overstated by pro-renting…
Month: March 2012
What to Do If You are in a Car Accident
No one plans to get into a car accident. You can drive carefully, take defensive courses, but at the end of the day you can’t control what others do on the road. A car accident might be outside of your…
How to Pay for a Car in College | College Car Buying Tips
Going away to college is as much about freedom as it is about academics—and owning a car while in school can help you take full advantage of that freedom. Buying a college car can be difficult, though; most students have…
Should Families Buy a House or Rent an Apartment: Debunking the “Hidden” Costs of Homeownership Myth
I’m surprised when I read articles with titles like “the “hidden costs of homeownership.” I’ve come to find most of these articles are useful reminders to current renters not familiar with all of the costs that go into housing. However,…
Can Your Boss Make You Work On Christmas?
In the classic “A Christmas Carol,” Charles Dickens writes a scene where Bob Cratchit is negotiating for Christmas Day off from his boss, Ebenezer Scrooge. Scrooge relents to Cratchit’s requests, although bitterly. It’s a scene many US workers never connect…
Should Families Buy a House or Rent an Apartment: The Risks of Homeownership Compared to Renting
After 8 months of personal finance blogging, I’ve come to a realization: most personal finance bloggers favor renting or at least, think that the benefits of homeownership are overestimated. It’s my opinion that some facets of homeownership, like building net…
The Importance of Being Skeptical of Financial Media “Truthiness”
Be skeptical and don’t get sucked into disinformation. Ultimately, the goal of any news organization is to create interest in information that it writes so that people consume articles. You’ll notice that your financial education and future are no where…
