Monthly Archives: September 2008
Do We Need Financial Dr. Phils?
| September 29, 2008 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson With the US housing crunch, widespread business failures, and bailouts dominating the media headlines, it is easy to ignore those other less scandalous, personal, debt problems. Of course, debt from American households is interrelated with the US economy and results from the same ill-fated over-reliance on other people’s money. Whether referring to […]
Uncommon Money News (Vol 31)
| September 25, 2008 | Posted by Roshawn Watson under Uncategorized |
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By: Roshawn Watson In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy! I am especially appreciative to my two dollars for hosting the festival of frugality at the last minute. I am happy that the Pain of […]
Forty Percent Of Homeowners Are Financially Overextended
| September 24, 2008 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson Nearly 40% of homeowners are financially overextended according to a recent report by the Census Bureau. It is generally accepted that homeowners should not spend more than 30% of their income on housing costs (principle, insurance, taxes, and interest). However, due to overly optimistic buyers and disingenuous lenders, millions of homeowners have […]
Man Loses $6 Million Overnight
| September 22, 2008 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson All it took was one night to wipe out David Shorr’s nest egg. As a former Lehman Brothers employee, David’s investments were heavily concentrated in the beleaguered financial firm. Recent news of the company’s troubling financial problems has caused his stocks to plummet, and his benefits are now worthless. In the New […]
Uncommon Money News (Vol. 30)
| September 18, 2008 | Posted by Roshawn Watson under Uncategorized |
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By: Roshawn Watson In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy! Meet the Boring Young Millionaires was included in the Festival of Frugality, the Carnival of Financial Planning, and the Money Hacks Carnival. All three of […]
Investors Forget Bulls and Bears, Be Observant Ostriches
| September 16, 2008 | Posted by Roshawn Watson under Uncategorized |
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By: Roshawn Watson Perhaps it is the negative financial headlines dominating the media that’s causing many investors to avoid checking the balances of their investment accounts. The current sentiment is “if the savviest investors, the leadership of major finance firms, are failing to successfully navigate the market, then what are the chances for the small […]
Uncommon Money News (Vol 29)
| September 11, 2008 | Posted by Roshawn Watson under Uncategorized |
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By: Roshawn Watson In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy! I just wanted to give a special thanks to Penny Jobs for highlighting my post Signs That You Are Living Beyond Your Means as one […]
Dishonorable New Exit Strategy For Desperate Homeowners
| September 10, 2008 | Posted by Roshawn Watson under Uncategorized |
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By: Roshawn Watson Unfortunately, there are some new scam artists in the real estate market. Some distressed, overextended homeowners are partaking in a disturbing “new exit strategy.” It is called the “buy and bail.” Borrowers with good credit purchase a new home – typically at a lower “bargain” price – and simply walk away from […]
The Pain Of Paying Cash
| September 8, 2008 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson Forcibly Curtailing Our Debt In an effort to mitigate losses, lenders are concertedly diminishing consumers’ abilities to borrow (lowering credit limits and imposing stricter credit worthiness criteria). After banks began coming under fire for reckless lending practices and suffering tremendous losses, banks issuing credit cards have finally began to more responsibly evaluate […]
Should Cost Be A Factor When Selecting A College
| September 5, 2008 | Posted by Roshawn Watson under Uncategorized |
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This morning, I posted an article on one of my favorite blogs about personal finance, Fortune Watch. The article highlights a recent study put out by Sallie Mae regarding the role cost plays in college selection. Please read Should Cost Be A Factor When Selecting A College and participate in the discussion. Thanks for subscribing […]
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