Briefly perused (wat? “pear”? “yoused”? ENGLISHMAKESNOSENSE) an article about how to shop for the holidays without breaking the budget (that’s ‘cuz budgets don’t work and waste my time) and suggested that folks plan ahead, make a list of gift-receivers, decide the gift, then shop for sales. Oh, wait. That sounds like a SPENDING PLAN. See? …
Category: Debt Monkeys & the Credit Circus
All Gold Err’thang
Or, better yet, shiny things. Mansa Musa, the richest man who ever lived, had a bag worth $400B in today’s bucks, and even managed to devalue gold by spreading it around. Bozos and the oily, musky ferret funk got nothing on that guy. Well, that guy lived/reigned some 700 years ago, so there is that. …
Feet First
Interesting little factoid / as described by wikiwiki … stocks are used as restraining devices for the feet, a form of corporal punishment and public humiliation (á la social spanking). The pillory, by contrast, is distinguishable via its confinement of hands and head/neck. So now we just get pilloried by stocks. Ahh, this. The Fab …
Bonds Over Baghdad
As far as financial instruments go … bonds are boring. And confusing. Maybe that is the point. Think about it — rate v. yield v. total return. Wat. Yahn. Well, rate = interest, or the money the bond is supposed to make. Yield = a question, or does interest compound? If so, what is the …
Dumpster Fire
Well that’s what we call a gloriously beautiful catastrophic failure. Like a plane crash. Or slow-motion car wreck. Drone footage of a train derailment. Sexy carnage. But, to quote the Martha, and that’s a good thing. Took a minute, but found some balls nearby and decided to take the hit, broached the subject of the …
The Four Horsemen of Consumption
Only four things to do with the thing after spending money on the thing. Use it. Sell it. Gift it. Toss it. Most folks will use/consume it – whatever it is – for a bit then either give/gift it to someone else, try to sell it in exchange for cash/(rarely) trade, or throw it away …
6-In-One
All this talk of money inspired an idea … and we know Who that came from (hehYES). So every household has income and expenses … even if one severely outweighs the other, they are still that. And presuming that if one must work with another adult to manage the aforesaid household, both parties on the …
Money Money Money Muuhh-ney … MUHHHHN-NAAAAYYY
Did not truly appreciate the fact until I read this book, but … companies and governments run exactly the same. Not with the same purpose … contrary to what Mr. Potatohaid says/thinks, can’t run a country like a business. No, rather government (or gub’mint, to be consistent) and private enterprise need money to function … …
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Pound Cake
Ehh, the bane of debt … it ain’t just the principal, but the vig. But, conversely, could be good. OK so there’s this thing called “compound interest,” or “compounding interest,” and what this does is make the original money more than the original money. What? Yeh. OK so … think: credit cards. Everyone knows (well …
Get Deez Nuts
Made a decision. Or came to one, at least. It’s time to invest. Or, rather, learn how/why to. Not time time, oh-ho-no never actually that. I never in reality do something when I decide to do it. Gotta think about it, gotta ruminate, gotta consider, before that first step. Because that’s a big step. So, …