We've all been there... or at least I have. You open the mail to find a surprise bill that you cannot afford to pay. Of course it shouldn't be a surprise if you paid attention to where your money was going.
Yes prior to my wonderful wife, and understanding personal finance to ignore the indoctrination of credit companies, I had debt. And a few times I couldn't pay a bill. So like millions, I used a cash advance from another credit card to pay the bill. I was paying ridiculous interest twice on the same balance. Thankfully I learned before getting in real trouble. Some people do this until the cards are all maxed. And why not? It is good enough for the U.S. Treasury.
Friday, July 24, 2009
As everyone seems to be interested in what I have to say about the PE of the market from viewings of these past entries, here is an update on what I see over the past few days of quarterly earnings while it is still on everyone's mind.
Monday, July 6, 2009
This post from November of last year on Australian regulation is still one of the most read posts on my blog, and rightfully so. I consider it one of my most thoughtful, original, and well researched. But in sharing this information with other professional peers, and the public, I have realized further truth that I believe is worth your time to read. I will focus posts on these thoughts over the coming weeks.