Monthly Archives: January 2011


What do your Credit Card Issuer and Your Gym Have in Common?

Do you ever wonder why so many people have a tendency to want to buy now and pay later? In most cases, we know in the back of our minds that we can’t afford to charge that expensive trip to Europe, especially with unemployment hovering around 10%. Still, we choose to do it anyway, hoping that the turnout will be a good one. It’s sort of like signing up for a gym membership, knowing that you won’t be going everyday for the next two years. But we convince ourselves it’s a good deal with some fallacious math, and we do it anyway, [...]

By |2014-07-15T00:25:17-04:00January 31st, 2011|credit cards|9 Comments

Cable and Satellite Companies You Can Do Better

I hate my current cable and internet provider, Cablevision / OptOnline, literally hate.  I always have hated cablevision, like most cable companies they depended on a monopoly to drive their terrible customer service and inflated prices. Watching my parents fight with Cablevision growing up, I swore that I would never be a cablevision customer, however, when I bought my current townhouse 3 years ago I had no choice!  I don’t own the roof so satellite is out, and since the genius builders didn’t put in Verizon FIOS (the other option on Long Island) before they put down the roads I had to pay [...]

By |2013-09-26T15:00:03-04:00January 28th, 2011|Rant|25 Comments

Is My State Financially Literate?

FINRA, The U.S. Department of the Treasury and the President’s Council on Financial  Literacy came together to survey American across the country to determine those States with the most and least amount of financial literacy.  Specifically, The Financial Capability Study, …highlights how many Americans are disadvantaged by their lack of financial capability, and offers a wealth of previously unavailable information on Americans' behavior relating to how they manage their resources and how they make financial decisions (including the factors they consider and the skill sets they use). This robust set of multi-dimensional measurements allows policymakers and researchers to look at individual financial [...]

By |2013-09-26T15:00:04-04:00January 26th, 2011|Investments|12 Comments

The Amount of Wealth Some People Possess is Staggering

A couple days ago a good buddy of mine asked if I would help him out a bar mitzvah, since 99% of bar mitzvahs are on Saturday nights I quickly declined.  However, this buddy knows me so well that he was able to buy my services at the lowest price that he knew I couldn’t turn down.  If you are curious the price was $350 cash for about 8 hours worth of physical work.  Not that it is important, but to give you a better idea of what I was doing we were personalizing sports equipment for the children-guests. By my rough [...]

By |2013-09-26T15:00:04-04:00January 24th, 2011|Random|35 Comments

Financial Freedom – The Obstacles

Trying to improve your financial situation can be incredibly difficult under normal circumstances, but if you find yourself head to head with a number of obstacles at the same time then it can become even more so. When trying to improve your finances you will come across many roadblocks that are unavoidable, for example, your have to pay your credit card fee for January or you risk getting a black mark on your credit record. In this type of scenario, there’s nothing really we can do apart from pay the amount and move on, but there are other obstacles that are not [...]

By |2016-11-07T22:08:11-04:00January 19th, 2011|Personal Finance|10 Comments