Using Skype to Save on Long Distance

Several months ago, I put together a list of options for reducing our long distance phone expenses. Since we get crappy cell service at home, we needed to consider other options. In the end, we decided to: (1) switch our landline to a cheaper long distance plan, and (2) add a Skype phone to the […]

Is WaMu on the Cusp of Failure?

On the heels of news that Lehman Brothers is fighting for their survival, a Morningstar analyst commented that: “[Washington Mutual] is the next most likely candidate to have major issues… They got into subprime lending, they got into ARMs. Their home equity book is quite large, and these losses are building and building and building… […]

How to Become a Millionaire – Tips on Getting Rich from the World’s Richest Man

Would you like to become a millionaire? Silly question, I know. Who wouldn’t? With that in mind, I thought I’d share some tips on getting rich from none other than Warren Buffett, the world’s richest man. Buffett got his start selling sticks of Juicy Fruit gum as a kid in the mid-1930s, and ultimately became […]

United Airlines Bankruptcy: Don’t Believe Everything You Read

Hmmmm… This is interesting (and a bit scary)… Apparently a botched news story sparked a selloff of shares of United Airlines (UAL) yesterday. It seems that, on Sunday afternoon, the South Florida Sun-Sentinel accidentally re-ran a six year old Chicago Tribune article about United filing bankruptcy. Unfortunately, there was no date associated with the story, […]

Sometimes Cheaper is Better

Back in early July, I wrote an article called “Cheap is Not Necessarily Frugal.” In it, I argued that you’re often better off in the long run if you opt for a more expensive product or service rather than skimping and trying to save a few bucks. While I still believe that this is often […]

3rd Quarter Taxes Due; Hurricane Victims Get Tax Extension

In case you haven’t been keeping an eye on the calendar, quarterly estimated tax payments are due one week from today on Monday, September 15th, 2008. On a related note, the IRS has announced that they are extending the following deadlines for individuals in certain areas affected by Hurricane Gustav: Individual estimated tax payments, originally […]

From the Archives (August 31st – September 6th)

Here are some of my favorite FCN articles from a year ago this past week: The High Cost of Low Risk Investing Refilling a Toothpaste Tube for Fun and Convenience And here’s what was going on two years ago: Skip the Theater, Get Netflix Automating our Finances Self-Employment, Taxes and SEP-IRAs Retirement Savings Options, Part […]

Fannie Mae and Freddie Mac Failure is Looming, Takeover Imminent

According to recent reports, mortgage giants Fannie Mae (FNM) and Freddie Mac (FRE) are on the cusp of failure, and may be taken over by the federal government as soon as this weekend. The two companies, which together account for nearly half of the nation’s $10+ trillion in mortgage debt, have piled up $14 billion […]

Weekly Roundup – Amazon Kindle Edition

This past week I had the opportunity to play around with an Amazon Kindle, and I must admit that I was impressed. The “electronic paper” display is really easy on the eyes, much like a real book page. I’m also somewhat dazzled by the ability to get my hands on a wide variety of reading […]

How Much Should You Pay a Babysitter?

My wife and I have recently (finally!) started using a babysitter somewhat regularly such that we can get some time to ourselves. With that as a backdrop, I thought it would be interesting to hear how much you guys are paying your babysitters (or how much you’re getting paid if you earn extra money as […]