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Entries for July, 2008

Generic V.S. Name Brand Drugs - Which work better?

Frugal Living

Do brand name drugs work better or faster than generic drugs? Is there enough difference between the two types of drugs to justify the extra cost? The truth is, no, generic drugs work just as effectively as name brand drugs. Tylenol works just as good as the cheap store brand acetaminophen in [...]

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Automatic Deal Finding Machines

Frugal Living

Finding exactly what you want at a killer price is easier than ever. These deal finding machines will locate good deals and report back automatically. The whole process is painless, easy, and the returns are worth it.
Step 1 - Daily Deal Websites
There are websites that collect deals. Each day there are new [...]

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Dilbert’s One Page Checklist of Personal Finance

Personal Finance

Scott Adam’s book ‘Dilbert and the Way of the Weasel ‘ is pretty darn funny. If you want to learn how you, your boss, and everyone you know is a weasel this book will be enlightening.
Most of the book is dedicated to work related ‘weaseldom’ but there are some parts talking about [...]

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PriceProtectr.com - Your friend for getting the best prices

Frugal Living

Most stores have a ‘price protection’ policy. If a product you just purchased drops in the next 30, 60, or 90 days you get the difference if you call them on it. For larger items this might not be too big of a challenge. But if you tracked all your purchases it [...]

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How much is $100 worth in the future

Investing and Retirement

If you spent $100 on something silly (e.g. new phone, lattes, fast food) how much is that really worth in the future. Thirty years from now what could have you purchased?
Assume you put your money in the stock market with an average 12% annual return. Your money is also growing tax free using [...]

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You are what you spend, not what you make

Personal Finance

This article by the New York Times explains why ‘consumption’ not ‘income’ is the best indicator of wealth. The article explains that the top fifth makes 15 times more income than the bottom fifth. But when compared using consumption as the criteria of wealth the upper rich only consume four times that of [...]

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Investing for Dummies - Eric Tyson

Investing and Retirement

I always get a kick out of these ‘for Dummies’ book titles. If they used another derogatory term instead of ‘dummies ‘do you think they’d sell any books? Some alternative titles might read ‘Investing for complete idiots’ or ‘Investing for the mildly retarded…please stop drooling on the book and pay for it’. [...]

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Free Credit Report from the Government

Personal Finance

This might be old news for some but for others it might be new. You can get a free credit report from each of the three credit reporting bureaus each year. Every twelve months Experian, Equifax, and TransUnion will give you a free credit report. The only downside is that you don’t get [...]

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How much interest do you pay on different APRs per month

Personal Finance

Every drop counts when building residual income. Your finances are like a bucket with water coming in as your income and water leaking out as expenses. This is an exercise in examining the holes in your bucket.
While monthly interest costs is a simple calculation it is nice to know what your debt [...]

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