I thought the bailout plan would pass, and by Sunday, given the compromises all sides had agreed to, I hoped it would.
Over the weekend I absorbed hours of commentary on the big-picture reasons to take action now, which boil down to easing panic, shoring up confidence, and getting banks back to their normal day-to-day operations [...]
Entries from September 30th, 2008
Pass the Bailout
September 30th, 2008 No Comments
Tags: pass the bailout
Cleaning Service: Stay or Go? NEW Vote!
September 26th, 2008 10 Comments
Tug-o-broom
Image from PicApp: “Couple Holding Brooms”
Since we did the 60 percent exercise — that is, trying to get our committed monthly expenses closer to that number than to the current 79 percent — we’ve been ping-ponging around what we could cut out of our monthly budget. We’ve hit our first snag over our bimonthly cleaning [...]
Tags: 60 percent solution · sidetaker.com · Stephen Colbert · time value of cleaning
Goodbye, Free Kitty Kitty
September 24th, 2008 No Comments
My kids were so ga-ga over Luna, the cat we were watching for my parents, that I feared masssive grief when we we brought her over to their new digs the other day. It was all “Woo-na,” and “Meow” from my toddler, first and last words of the day, every day. (In truth, Luna is [...]
Tags: pets
Trickle Down Bailout
September 23rd, 2008 2 Comments
Is this really happening before our eyes? Congress is just going to make a lot of noise and then pass this massive bailout, which may or may not do anything to stop this crisis and shore up the economy, and which gives yet another murky agency with no oversight carte blanche to do whatever it [...]
Tags: 30 percent rule of thumb · bailout · continuous-workout mortgages · Robert Shiller
Check Out This Week’s Personal Finance Carnival
September 22nd, 2008 No Comments
Aryn over at Sound Money Matters kindly included my most recent post, The 60 Percent Solution and Mint.com, on her site this week as part of a carnival of personal finance, or roundup of posts by other bloggers. (I’m under “budgeting.”) I’ve just started following these carnivals, and they’re a great way to learn a [...]
Tags:
The 60 Percent Solution and Mint.com
September 19th, 2008 5 Comments
Given the tsunami of bad on Wall Street right now, it seems a little odd to be blogging about how we’re going to rebuild ourselves a safe haven with savvier saving, budgeting, and investing. Kind of like hammering away on the frame of a house in the middle of Hurricane Ike.
But, not everyone can tap [...]
Tags: 60 percent solution · committed expenses · Mint.com · pie charts
Movin’ On Up
September 17th, 2008 2 Comments
My parents are in the process of moving in, so things have been a little quiet on the personal-finance front, even as the economic world around us seems to be imploding.
Actually.
This is not entirely true. We finally had the chance to crunch some numbers last night. I just don’t have them in front of me [...]
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Deemphasizing Retirement Planning, For Now
September 15th, 2008 No Comments
One of the top financial goals on my to-do list has been to start maxing the contribution on my IRA for retirement. We haven’t actively contributed to it in a few years, since I started working less than full time, and I assumed, given the constant “Save for retirement” drumbeat, that this was very bad.
But [...]
Tags: retirement
Tax Cuts: Obama vs. McCain
September 11th, 2008 2 Comments
I’m not feeling very hopeful today, on the anniversary of 9/11, so I’m going to try to turn that around.
I love people who are into thinking about “how did we get here,” and especially when it’s from an unexpected source, like Craig Finn’s lyrics from the Hold Steady song “Positive Jam”: :
“Woke up in the [...]
Tags: Hold Steady · McCain · Obama
What I Should Have Said to the Guy Asking For Change
September 9th, 2008 2 Comments
Yesterday as I was getting out of my car a man approached me with some story about trying to get to a hospital.
At first I thought he just wanted directions. Then I realized I’d heard his story before:
Trying to get to a hospital. Ran out of gas. Need some help. I’m not threatening you.
Several years [...]
Tags: sucker factor
