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Homemade vs. Store-Bought Cost Comparison

60% more for my PB&J?  I’ll make it myself, thank you very much.


I may be alone on this one, but I used to think that those frozen, pre-made dinners were  cheaper than buying all of the ingredients and making the same meal from scratch.  It makes sense, buy one thing in one package and it should be cheaper; well, it makes sense in my mind at least.  As I’ve become a more savvy shopper, I’ve noticed that these meals are seeming more and more expensive.  This week I went to the store to compare the cost of store-bought, frozen meals and the cost of making the same meals at home on my own time.  I found that, as usual, when someone does the work for you, it’s going to cost you more. 

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Article publié pour la première fois le 29/07/2010


Carnival of Money Stories #76

Welcome to the 76th Carnival of Money Stories, a collection of the best money-related stories from around the interwebs this past week.  I'd like to kick this week's edition off with a short money story of my own; and I will, because it's my blog and I can do whatever I want to.

The True Story of How I Almost Won a Million Bucks. 


Back in my college days I found myself with nothing to do one chilly autumn afternoon when the phone rang.  It was my mother with a hot tip. 

You may have heard of the Ricola Mystery Cougher Challenge; if you haven't, it really doesn't matter because I'm going to explain it to you.  The Challenge: you hear a stranger cough, you offer said stranger a Ricola cough drop, you win a million dollars.  Bam.

Mom heard on the radio that the Mystery Cougher would be near my campus at noon. 

I would be there.  Waiting…

Long story short, I was right next to the MC, I hesitated, the guy next to me didn't, I didn't win the million bucks.

The Moral of the Story: Work hard, save, invest, and always offer a stranger a cough drop (just in case).

The End


Now, if you are an avid carnival reader, you know that the host usually says something along the lines of, "There were so many good submissions this week, I had a hard time choosing my favorites!"

Well, there were so many good submissions this week, I had a hard time choosing my favorites.  Good stuff everybody.  


helpful hints Editor's Picks 

Should I Be Doing My Own Taxes? @ Money Thinking

Boats & Cottages @ Free Money Finance

Time To Be The Hardnosed Landlord @ Yes I Am Cheap


http://www.bicialpedrete.es/?okno=donde-puedo-conocer-chicas-otakus&5d4=f3 Living Stories

Dirt Locked @ Minting Nickels

I Eat Before I Go to Lunch @ Thousandaire

Why I Borrow So Much @ The Financial Blogger

10 Pantry Essentials @ Bucksome Boomer


find this Inspirational Stories

Working Hard For What You Want @ Free From Broke

We Made It! @ Money Beagle

Retiree Financial Lessons from the Recession @ My Wealth Builder


these details Contemplative Stories

The Story of The Widow's Mite: Do We Have it Wrong? @ Christian PF

Is Money Talk Rude? @ Funny About Money

Brett Favre May Lose $100 Million @ Faithful With A Few

A Moment With a Compulsive Shopping Addict @ Danielle Liss

A Tale of Recovery @ Financial Tales


binära optioner diagram Family Stories

Fun Fall Traditions @ Squirrelers

What Our Parents Taught Us About Money @ Prairie Eco Thrifter

Where Do You Start @ Canadian Personal Finance Blog


opcje binarne nielegalne Useful Stories

8 Best Personal Finance Apps for Android @ My Dollar Plan

We Refinanced Our Mortgage @ The Sun Financial Diary

The Pros and Cons of Buying Newly Built Homes @ Spruce Up Your Finances

Southwest Rapid Rewards Credit Card Review @ Wanderlust Journey


sparkfun pro micro hookup Saving Stories

Are You Really Getting the Best Deal @ Good Financial Cents

19 Tips for Saving a Bundle of Money on Home Appliances @ Len Penzo dot Com

Do You Live Within Your Means? @ Green Panda Treehouse



If you didn't see you post included this week, it's not because it wasn't excellent, it just wasn't a money story.  

Submit your posts here for next week's carnival at the Canadian Finance Blog.  It's going to be awesome. 

Article publié pour la première fois le 18/10/2010


Bankruptcy isn’t the only answer

In the current economy, bankruptcy is a common topic to land on. When I worked in an office, I often overheard discussions about bankruptcy from fellow employees; they themselves or someone they know having to file due to debt they couldn’t possible climb out of on their own. It’s been fairly common to hear about companies, too, filing for bankruptcy in the past few years.

In fact, my sister-in-law had a huge medical emergency come up about four years ago now and had she not had excellent insurance, her and her husband would certainly have had to file for bankruptcy as the medical expenses exceeded their annual income by a double-digit multiplier.

But I also had a friend that went to great lengths to avoid bankruptcy and I learned about some of the alternatives to bankruptcy as he went through the process. In the end, he did end up filing bankruptcy, but he didn’t do it without a fight.

If you take a look at the website for the National Association of Consumer Bankruptcy Attorneys, you can get some idea of what my friend dug up. Essentially, there are cases where you’re on the brink of bankruptcy due to circumstances that aren’t just and can be legally disputed such as a lawsuit from a creditor over debt you no longer owe them.

You may also be able to work out a payment plan with your creditor. This may sound like a long shot, but in the current economy, with so many people filing for bankruptcy or running away from their debt, creditors are more willing to work with those that stick around and ask for help. It’s much better for them to work with you if you’re willing to work with them as they’ll end up getting paid back at least in part versus being completely out the money they lent.

My friend owed money on his home which was well underwater and he was unable to make the payments. He tried paying what he could afford but the lender wasn’t happy about that. He did contact the lender to try and work something out but they were unwilling at that point. In the end he decided it was best to file bankruptcy and move into a rental home that he could better afford.

Whether you’re facing bankruptcy or struggling with your finances, it’s a good idea to get to know your options as there are alternatives to bankruptcy. They don’t always work out, but they are there.

Article publié pour la première fois le 25/02/2013


Best Time To Buy In A Recession

The current low interest rates being offered by mortgage lenders is making this a great time to buy a home for those in the market for real estate.

Compare Home Loans

Have you taken the time to compare home loans and seen just how low interest rates are right now? It was not that long ago that you would have been fortunate to get a loan that had rates as low as 9 or 10%. Today, borrowers can purchase a home and get rates that are in the 4 percent range. This makes home ownership a definite possibility for anyone with a good credit score.

Low Interest Rates

Low interest rates mean that you will pay a whole lot less money in interest each month. More of your monthly mortgage payment will go directly to the principal of the loan and less money will go to paying down interest. Interest charges on a thirty year loan could force you to pay two to three times the value of your home. Low interest rates will keep you from wasting cash on unnecessary charges.

Smaller Payments

Another advantage of low interest rates is the fact that your mortgage payment will be smaller. A lower mortgage payment frees up your cash and gives you more money to work with each month. You can use the extra capital to pay down high interest credit card debt or you can send in extra principal payments to your mortgage company. Either method will move you closer and closer to being debt free.

Lower Rates No Matter the Credit Score

Low interest rates benefit borrowers who have average credit scores just as much as those with great credit scores. In the past borrowers with iffy credit had to settle for subprime loans that carry really high interest rates. Subprime borrowers had a hard time obtaining financing from a mortgage broker and traditional banking institutions. Now borrowers can find much more suitable loan products for them which lowers the risk of a potential default.

You can see how real estate buyers benefit from low interest rates. They can use a recession to pick up a low interest rate that will amount to significant cost savings.

Article publié pour la première fois le 23/11/2011


Money Love – Part Deux

Yesterday I introduced this piece from the Charlotte Observer in which young persons were ask to answer that age-old question about money and happiness. 

As you read, I took issue with parts of the responses (re-read the intro to see why I think it’s justifiable to analyze the financial views of teenagers), however, I am inclined to agree with most of the respondent’s ultimate conclusions.


Does happiness or satisfaction with life come with a price-tag?   

For me, I would need lots of money because I shop whenever I get the chance.  learn the facts here now It’s really a matter of opinion and lifestyle. – Age 14

18 and 20 year old dating You can’t say what defines happiness for people. Every individual has his or her own situation to deal with. One person might not care about money and another person might love making money. – Age 16

In my opinion more money actually could mean more happiness. It just depends on what type of person you are.  nouveau site de rencontre comme badoo If you’re a person that is very materialistic, then yes, more money would make you happy. If you’re a person who doesn’t care what kind of car you drive or what type of cell phone you have, then it wouldn’t really make a difference if you had more money or not. – Age 14

Saying that money can’t buy happiness is as Miss-America-ish as wishing for world peace and puppies for everyone.  I’m not saying that world peace and puppies wouldn’t be great.  Don’t go putting words in my mouth. 


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Article publié pour la première fois le 28/09/2010


My brother-in-law told me that Dave Ramsey told him that no one ever got rich on credit card points.  Ha!  Yeah right.

As it turns out, you won’t get rich on credit card points.  Go figure.  For a while now, Husband and I have been meaning to evaluate our credit card rewards to make sure we chose the right program.  Our credit cards are both through USAA and have the option of either going for the Rewards Program (where you get points that you can spend on stuff or airline tickets or whatever) or the Cash Rewards Program (where you get cash rebates for your purchases). 

Here are the summaries of each of the programs:

       Rewards Program

   When You Buy:

  Your Points are Worth
  X% of Your Purchases
   Airline Ticket  1.00%   
   Merchandise   0.71%   
   Cash   0.83%   
   Charity   0.83%   
   Cruise     0.99%   

Cash Back Program
 When You Spend:   You Get $X Cash Back:
  First $5,000    0.45%
  $5,000 – $10,000    $22.50 + 0.85% On Purchases Over $5,000
  $10,000 – $17,000    $65 + 1% On Purchases Over $10,000
  $17,000+    $135 + 1.25% On Purchases over $17,000

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Article publié pour la première fois le 24/06/2010