Reactions to story from The New York Times

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  Weekend articles

  http://escapebrooklyn.blogspot.com/2008/05/weekend-articles_...
  67 days ago in Escape Brooklyn · Authority: 51

  Here's what I'm reading in this weekend's New York Times (includes one amusing article that slipped past me last weekend): Chasing Utopia, Family Imagines No PossessionsFive Basics for Building a Solid Financial Future Park Slope: Where Is the Love? The
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  Around the Net: Wednesday

  http://www.mvmatters.com/march-2008/2008/5/21/around-the-net...
  23 hours ago in march-2008 - Mount Vernon, NY Matters · Authority: 3

  Around the Net: Wednesday 05-21-2008 Yesterday's school budget/board vote- unofficial results: Details: The Journal News 1. School Budget: $192.2M rejected 2. EXCEL Bond Proposition: $20M in state aid rejected 3. School board elections: four incumbents, and two new members. Other news Arrangements announced for Brian HoSang, who died tragically in a motorcycle accident.[JN] Mount Vernon will have its annual Memorial Day Parade on Monday. [Westchester] Cross County redevelopment update- Macy's is expanding. [WBJ] Drivers can cut their gas bills in half by hypermiling. [WCBS] Five basics for building a solid financial future. [NYT] How to find bargain airline tickets. [NYT] Deena Parham | Comments Off | Share Article
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  Eating and Investing

  http://etherplex.org/archives/26
  2 days ago in Etherplex · No authority yet

  Eating and Investing Posted by Rick on the 19th of May, 2008 at 7:46 am under Intellectual Property. This post has View comments. This will be short. I recall someone wrote the six word guide to eating well: Eat, not too much, mostly plants. This really captured a lot for me, and I found a similar version for investing today from New York Times personal finance columnist Ron Lieber, this time in seven words: Index (mostly). Save a ton. Reallocate infrequently. Short and simple enough to remember, even for me.
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  On Our Own

  http://moneylistens.com/inspiration/simple-saving/
  7 days ago in Money Listens · Authority: 2

  The stark truth about managing our money these days is that we are mostly on our own. This was the first line of a column in the New York Times a few months ago and it has stuck with me. In our parents’ days, managing money was easy.  My mom and dad had  one checking account and one savings account.  Later in life they had a credit card, but used it mainly for traveling.  If they wanted to buy something and didn’t have enough in the checking account, they saved up for it.  My mom put clothes on “lay away,” and even had a “Christmas Club.”  That’s a savings account for Christmas.  My mom would put in $25 a month.  Usually, she would get a calendar or some small promo item in January.  You couldn’t touch the money until November.  At that time you got your shopping money, with interest, and a Christmas tree ornament. When my mom got a credit card, that took the place of the Christmas Club.  Unfortunately, it was backwards.  She would charge the presents, then spend the next few months paying them off.  Instead of earning interest, she had to pay interest to the credit card company.  Which way sounds like the better deal? Mom and dad never got into debt or had trouble managing money.  At that time there were no sub-prime or zero down mortgages.  The banks made sure people didn’t buy more house than they could afford.  Everyone had a down payment and a fixed rate on their mortgage.  If you didn’t have the cash, you didn’t buy it.  And nobody had a house over 2,000 sq. ft. Retirement was also simple.  My dad worked for the U.S. Dept. of Agriculture his entire career.  Who does that anymore?  He got a pension when he retired, and my mom got survivor benefits when he died.  Plus, he got health insurance during retirement.  And social security.  Retirement planning?  There was no such thing.  Maybe for rich people that owned their own business, but not for ordinary people. College planning?  If your parents couldn’t pay, you worked your way through.  Maybe you took out a $1,000 loan.  No college student had a new car.  Or a credit card.  I was 27 years old before I got my first credit card. Those were the good old days.  At least when it came to managing money.  Today we are on our own.  I heard someone say it’s as if you’re sick and go to the doctor and your doctor hands you the x-rays, blood work, and lab results, and says “here you go, you’re pretty smart, I’m sure you’ll figure out what to do.“  We feel lost and out of our league.  It’s all so complicated, this money stuff. So, what do we do?  Even if your doctor prescribes treatment, it’s up to you to follow  through.  To stay healthy you have to monitor what you eat and how much you exercise, take your medicine, and listen to your body.  You have to develop good habits and give up bad habits.  You’ll probably read up on whatever area you need help on, and ask friends for advice. Money-wise, it’s pretty much the same thing.  Even if you have a financial planner, you still have to implement the plan, work on a budget, check the fine print on your IRA, and read up on the various types of checking and savings accounts.   But a multitude of resources are available to you that weren’t available to your parents.  Take advantage of the internet, the library, and your own bank. Take a class and read some books.  Talk with your friends.  Maybe you’ve gotten into debt or made some less than stellar investment choices.  There are so many resources to help you turn things around– to develop  good saving habits.  Though you’re on your own, you’re not alone.
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  Your Money - Five Basics for Building a Solid Financial Future - NYTimes.com

  http://inti.tumblr.com/post/40178019
  26 days ago in Notas de Inti · Authority: 10

  Your Money - Five Basics for Building a Solid Financial Future - NYTimes.com
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  Times They Aren't A-Changin'

  http://breakingeven.typepad.com/my_weblog/2008/06/times-they...
  35 days ago in Nicole · Authority: 43

  In A Doom-And-Gloom Economy, There's Only One Thing To Do: Learn As Much As Possible  Reading economics articles make me feel smart. I've included some links to some if you want feel smart too! There is an active moment to get Americans thinking that it's cool to save. Um, just check out the personal finance blogs and websites, Confronting the Debt Culture Conference. We've been talking about how cool it is for months. Can I Get Rich On A Salary had a great analysis called "What Are Your Chances of Moving Up, Really?" examining the ability to attain the American Dream. The short form: It's not where you start but how you save that determines you moving up, that and a good education doesn't hurt. The long form though includes some great charts and additional resources. Your Money: Negotiating for a House? Start With ‘Dear Seller’ http://www.nytimes.com/2008/05/17/business/yourmoney/17money.html?partner=rssnyt&emc=rss Stimulating the Economy, the Green Way WSJ It's Not Easy Being Less Rich http://www.turnmaineblue.com/showDiary.do?diaryId=1282 Rural Gas PRices The Great Seduction NYT Einstein’s Theory of Frugality in Shopping Can I get rich on a salary http://frugalc.wordpress.com/2008/06/18/bloggers-against-hunger-reporting-from-maine/ http://www.time.com/time/magazine/article/0,9171,1812048,00.html How Fair is My Rent? The BAglady  
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  Five Basics for Your Finances

  http://finance-fortune-guide.blogspot.com/2008/06/five-basic...
  36 days ago in Financial Fortune Guide · No authority yet

  For those of you who missed this... New York Times: Your Money Five Basics for Building a Solid Financial Future By RON LIEBER Published: May 17, 2008 A new Times columnist offers guidance for making financial decisions, when making good ones is more critical than ever. Read the full article here. (Sorry, I can't figure out how to delete this darn "read more" link, so ignore it here.)
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  Five Basics for Your Finances

  http://www.creditcardbrains.com/credit-card-offers/five-basi...
  43 days ago in Credit Card Brains · Authority: 4

  For those of you who missed this… New York Times: Your Money Five Basics for Building a Solid Financial Future By RON LIEBER Published: May 17, 2008 A new Times columnist offers guidance for making financial decisions, when making good ones is more critical than ever. Read the full article here. (Sorry, I can’t figure out how to delete this darn “read more” link, so ignore it here.)
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  Asmeninių finansų esmė septyniais žodžiais

  http://litas.lt/ivairus/asmeniniu-finansu-esme-septyniais-zo...
  47 days ago in Litas.Lt · Authority: 7

  Vienas populiariausių praėjusios savaitės New York Times straipsnių duoda puikią visų patarimų asmeninių finansų klausimais santrauką: Index (mostly). Save a ton. Reallocate infrequently. Pirk (daugiausia) indeksinius fondus. Daug taupyk. Investicijas keisk retai. Paprastam investuotojui geriausia savo lėšas patikėti indeksiniams fondams, kadangi jų valdymo mokesčiai būna mažiausi, o tuo tarpu jų grąža neretai aplenkia aktyviai valdomų fondų grąžą — [...]

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