Financial tip of the day.com - FREEDOM THROUGH FINANCE
Social Sites
  • Financial Tip Of The Day
  • Books
  • Websites
  • Contact Us
  • Disclosure

LEASING A CAR IS A HORRIBLE IDEA, EXCEPT...

30/11/2013

4 Comments

 

Leasing a car is probably the most expensive way of using transportation.  DO NOT DO IT!  Think about it, you're essentially renting a car from a dealership.  Look at renting a car for 30 days and see how much that would cost.  You might find that you're paying around the same amount as if you were going to perpetually rent a car, which is what you're doing.  You own nothing after the lease is done. 

There is one exception to this rule though.  That is if you're one of those people who "needs" a new car every two years.  This is crazy on an individual basis, but a lot of companies do it for good reason.  They can usually expense it off faster for a tax advantage, plus they can swap out their models with a faster turn around.  This is important to some companies for some reason.  

The cheapest means of car transportation is to buy a used reliable car and hold it for 10 years or longer. If you buy a new car be sure to hold it for at least 5 years.

Picture
4 Comments

BLACK FRIDAY

29/11/2013

0 Comments

 
Picture

Happy Black Friday everyone. And if by "happy" I mean buying things that you don't need in order to impress people that don't care about you. Then yes be happy!

I'm also shopping on Black Friday. What am I shopping for? Health insurance! I scheduled an appointment for today with Blue Cross Blue Shield, since Ill be gone soon and won't have time to sign up.

Washington pushed back the required insurance sign up date from December 15 to December 23. So if you still feel the need to spend money today, you should skip LV and head to a health insurance agent.

0 Comments

HAPPY THANKSGIVING

28/11/2013

0 Comments

 

Happy Thanksgiving everyone! This is my favorite holiday because it purely focuses on what is important in life. We celebrate what we are thankful for while making great memories with family and friends.

So far it is the only holiday that hasn't been desecrated by consumerism. However, there's a problem my friends. A dark cloud is looming just over the horizon. That dark cloud is BLACK FRIDAY!

Black Friday has now turned into black thanksgiving. American consumerism has crept into our most pure of holidays. While it's easy to blame Walmart and Target for taking people away from their families. The real cuprit is you!

Do you think Walmart and Target would do this if people weren't lined up outside their stores at midnight drooling for big screen TVs like a bunch of idiots? Of course not! That's like blaming Columbia for cocaine. They're just the supplier, not the addict. Markets don't exist when there's no demand.

Stay home with your families and give the finger to stores who open today. .

PLEASE READ THIS ARTICLE BEFORE YOU GO SHOPPING...

http://sayanythingblog.com/entry/from-the-left-why-you-should-buy-nothing-on-black-friday/

Picture
0 Comments
<<Previous

    Author

    This website was created due to the atrociously misguided financial advice that I've heard over the decades.  Financial freedom is not intellectually strenuous, but it takes discipline. 

    RSS Feed

    Categories

    All
    BHAG UPDATE
    College Savings
    College Savings
    Credit
    Economics
    Estate Planning
    Estate Planning
    Financial Planning
    Financial Planning
    Insurance
    Investing
    INVESTMENT JOURNAL
    Mistakes
    Net Worth Update
    Retirement
    Tax
    Thrift

    Archives

    August 2017
    May 2017
    April 2017
    February 2017
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    January 2011

Powered by Create your own unique website with customizable templates.