Are You A Financial Dumb Ass?

Financial DumbassEvery now and again, I stumble across something that makes me wonder, “Are you a dumb ass?“  Someone forwarded me a post from a year ago where a PF blogger spent $60,000 on a luxury car right after revealing his net worth was only $55,000!  I mean seriously, is that not a little messed up or what?  It’s almost as dumb as a minimalist owning multiple Apple products, a health nut who smokes and drinks soda, a vegan who wears leather shoes, and an evangelist who embezzles millions from you.

When I innocently asked why he spent more on his car than his entire family’s net worth, another commenter responded that it was because the blogger wanted to save money by spending money so he wouldn’t have money left over every month to spend.  Huh?  What?  Hmmmmm.  That’s just dumb.

THE WORLD IS WONDERFUL

Grades Don’t Matter!

For all those who didn’t perform well in college, don’t want to perform well in college, aren’t willing to go back to grad school to give yourself a second chance, and like to make excuses for not trying harder, you’re in for a real treat!  It’s clear from the comments in my article “Examples of Good Resumes That Get Jobs,” that your GPA doesn’t matter.  As someone who has participated in the hiring of dozens of individuals all these years, I’ve got it all wrong and I’m glad you called me out on it.

I’d like to think of myself as a very flexible person who sees both sides of the equation.  Hence, in this post, I want to highlight why your GPA doesn’t matter at all, and why you should feel confident in never putting your GPA on your resume.  Working hard is overrated and employers are certainly looking for as many C and B students out there as they are A students.

WHY GRADES DON’T MATTER

2011 Income Tax Rates: Raise Taxes On Millionaires Not Us

President Obama’s State of The Union address was well delivered.  He said almost everything right – from restoring spending discipline to improving education to allowing everyone access to affordable health care.  The one thing President Obama didn’t say correctly was regarding taxation.  He said illogically not to let millionaires get away with their tax cuts at the expense of X, Y, and Z.

Can anybody guess where the inconsistency is in President Obama’s words on income taxes?  On the one hand, President Obama attacks millionaires, yet he so strongly pushes to raise taxes on individuals making only $200,000 and couples making $250,000!  Last time I checked, someone making $200,000 a year isn’t making a million dollars.  And someone making $200,000 a year isn’t necessarily a millionaire!

SAVING FACE THANKS TO POOR NEGOTIATIONS

How Higher Taxes Saved Me A Boatload Of Money

When the state of California raised the sales tax by another 1% on April 1, 2009 I was pretty pissed.  What kind of government expects their residents to pay a whopping 10% tax on everything they buy?  Pedro doesn’t want to pay $200 in taxes on his $2,000 60-inch LCD TV.  Nancy shouldn’t have to pay $300 more on her $3,000 diamond encrusted bracelet.  And I certainly don’t want to spend $5,200 in taxes on a handsome $52,000 BMW!  That’s just ridiculous!

We the people of California deserve our luxury items just like every other parrot-brained consumer in America.  Who’s to dictate what we can and can’t waste our hard earned money on?  Certainly not some bureaucrat in Sacramento counting all his money under the table, no way!

GOVERNMENT WANTS YOU TO SAVE WHILE THEY SPEND

The Top Schools In The Nation Are All Party Schools!

What do Penn State, Texas A&M, University of Illinois, Purdue, and Arizona State University have in common?  They are considered the Top 5 best schools in the nation according to recruiters!  Wall Street Journal has this unique ranking system where they essentially ask corporate recruiters to rank their best schools.

I’ve seen a lot of college surveys before, and not once have I ever seen any of these schools in the Top 5, let alone in the top 10.  Let’s be honest, for the same cost, would you go to one of these schools over Harvard, Yale, Penn, MIT, Michigan, or Berkeley?  Most would say “probably not,” so what gives?

Let’s have a look at why recruiters are so excited about these schools.

The Ultimate Solution For A Fair Income Tax Policy In America

With the Bush tax cuts set to expire next year, there’s going to be a big debate during the mid-term elections this November!  But, should there really even be a tax debate?  It’s obvious that we should NOT raise taxes on small business owners and higher income, hard working Americans in a nascent economic recovery!

Everybody knows roughly 47% of Americans pay no federal income taxes.  Hence, the ultimate solution for tax legislation is to strip away tax voting rights for the 47% of Americans who pay no tax, but who still get to enjoy the benefits of other people’s contributions.  If you’re one of the 100+ million Americans who pay no income tax, isn’t it good enough to enjoy free public schooling, nice roads, friendly firemen and police officers protecting your neighborhood?  Being thankful is a great disposition to have.  Being greedy is not.

An Example Of A Family Making $120,000 Paying No Taxes: