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Disclaimer

Just in case you were confused, I am not your personal financial adviser. I'm doing my best to write up everything I know and learn about finances on this site. I hope that the information I am providing will be helpful to you, but I can't guarantee it. So make sure that you do your own research and get multiple independent opinions before moving your money around.

Playing by the new rules of financial security

Money Magzine continues it’s current obsession with discussing new financial rules for the post-economic crisis world.  They list a few recommendations based on where you are in your career.  I’ve abridged them below for you.

Those just starting a career1. Save money for down payments (you’ll need at least 20%).2. Buy a house.3. Diversity your portfolio.4. [...]

25 ways to save on your water bill

In the interest of conserving water and cutting back on our water bill I present to you a list of 25 ways you can conserve water.

Check your toilet for leaks.  You can do this by putting some food coloring in the tank.  Wait and if color appears in the bowl, you’ve got a leaky toilet.
Avoid [...]

Residential Water Usage Explained

I decided to continue my exploration of water usage by looking at just how the average residence uses water.  You’ll notice the attached chart demonstrating my findings.
Not surprising outdoor water usage constitutes the majority of our water usage.  So what is all this water being used for?  Mostly lawn and garden maintenance.  Hence why many [...]

25 ways to save on your electric bill

This is just a simple list of different tips designed to save you money on your electric bill.  I’ve also included some personal commentary as well.

Adjust your thermostat so that you use less air conditioning in the summer or less electric heaters in the winter.  Combine this one with using electric fans in summer.
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Are you experiencing savers remorse?

The New York Times recently described a newly emerging phenomenon known as savers remorse.  So, it looks like before the recession we were all spending too much money and now we’re saving too much.  Here’s a bit of what they had to say:
We’re risking an epidemic of a hitherto neglected affliction: saver’s remorse. The victims [...]

Are there new rules of financial security?

Has the financial crisis totally changed how the rules of the game?  Money Magazine thinks so and lists 7 new rules for financial security.  I’ve listed them below along with some commentary.
Rule #1: Risk
Old thinking: If you can stomach the ups and downs that come with risk, you’ll be rewarded.
New rule: Risk isn’t about your [...]

51% of Americans are now committed to either spending less or saving more

A recent gallop poll reports that a significant number of Americans are saving more and spending less.  “Well, duh” you say.  But what really made my jaw drop is that they claim that these new spending and saving behaviors are not just temporary responses to the recession, but rather their new normal pattern.
Here’s some numbers:
Spending [...]