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Email Scam Targeting Web Developers

August 30, 2018

I recently received a request for a website development gig by email from a Joshua Knight ( My name is Joshua Knight,Do you do Website design for new company and do you accept credit card ??? It looked suspicious, but I replied that I did and got a web developer’s dream follow-up: i have small […]

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Automating Your Personal Finances for Simplicity & Efficiency

August 16, 2018

In the past, managing your personal finances was something that required time, effort, and thought. For example, managing a checking account meant logging each check written, deposit, and transaction. The checkbook had to be balanced on a regular basis to avoid overdrafts and pay bills. Today, many consumers in their late 20s or early 30s […]

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USAA Credit Card Ups the Ante

August 9, 2018

Cash-back cards are the way to go as we’ve explained numerous times. Unless you’re getting more than the equivalent cash in gift cards or airline miles or whatever, cash is king. Yeah, you might like Starbucks a whole latte, but why get a gift card that you can only spend there when you can get […]

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Advice On New-Car Buying

September 17, 2015

In Take Advantage, I mentioned the conventional wisdom to never purchase a new car since it loses anywhere from 10- to 20-percent of its value when you drive it off the lot. But sometimes, it makes sense to buy new. Many banks offer substantially lower interest rates for new cars than for used cars (USAA […]

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Finally, An Honest College Commencement Address

June 1, 2015

You have been saddled with debt and bad ideas. Good Luck!  

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Gift Cards Are Evil. Here’s How to Make the Most of Them

May 9, 2015

Gift cards are evil- they have a nice facade of a “gift” from a loved one, but really, they’re a big annoying waste of money with so many restrictions and qualifications on the gift that, oftentimes, it’s better if you never received the gift in the first place. Here are some of the evilnesses: They […]

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I’m Officially on Board with Bitcoin and You Should Be Too

May 25, 2014

Whether it was a stubborn avoidance of competition of my alternative currency in pre-alpha phase, the Ur Monetary Unit, or a skepticism of the underlying soundness of an arbitrary currency, it took me a while to get on board with Bitcoin. But I’m officially on that board. The principle behind the currency is excellent. We […]

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Why is Unemployment Skyrocketing?

August 22, 2013

According to Gallup, the last month has seen a sharp increase in unemployment (from 7.7% to 8.9%) and a sharp decrease in payroll to population (44.8% to 43.7%). This has only been hinted at by major news outlets (some even reporting conflicting news) and the president has not commented on the bizarre trend. The BLS […]

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I’ve Seen the Future, And it has a Lot of Unemployment

June 3, 2013

Europe’s labor market is a mess. Now, authorities are actually looking at common-sense solutions that will actually work. Some in Spain, for instance, are calling for a suspension of the minimum wage laws. Perhaps the US should take note. After all the data show us that unemployment typically increases proportionately after minimum wage is increased: […]

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One of These Housing Bubbles Is Going to Stick, I Just Know It!

May 31, 2013

If you were wondering why housing prices are going up again while it’s clear we’re still in a recession, this may have something to do with it. According to Reuters, the Federal Reserve just bought $12.2 billion in mortgage-backed-securities (MBS) last week and didn’t sell any. If that doesn’t resonate with you, let’s break it […]

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