Budgeting & Savings

The Emergency Fund Fallacy: It’s All The Same Money

It continues to perplex me why there should be a distinction between an emergency fund and your general savings. There is an emergency fund fallacy that needs to be rectified. If you have $100,000 in the bank, what is the difference between calling it $100,000 in savings, and splicing the funds into $10,000 emergency money […]

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Germany Missed An Opportunity To Save Greece & Themselves

With a GDP of US$3.6 trillion, Germany is now the largest economy in Europe as well as the 4th largest economy in the world.  Germany also has roughly $50 billion in estimated loans to Greece, a large amount, but not an overwhelmingly debilitating amount given the size of their economy.  Saving Greece helps the Germans

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Don’t Have Children If You Can’t Take Care Of Yourself

Raising children is expensive. Therefore, please don’t have children until you can first take care of yourself. Your kids are not asked to be born. We owe it to them to be financially stable. In “How To Dramatically Increase Your Job Security For Life,” the article suggests managers are more inclined to fire those workers

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Make Do With Less: Appreciate What You Have And Make The Most Of It

Sometimes you won’t have much. Instead of complaining, make do with less! Appreciate what you have and make the most of it. If you’ve ever traveled around the world with just a backpack, you know what I mean. We really don’t need much to be happy. Adopt a minimalist mindset and you’ll really start to

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Book Review And Giveaway: “Secrets Of A Stingy Scoundrel”

Author: Phil Villarreal was a syndicated film critic (one of the best jobs on earth) and is a general reporter for the Arizona Daily Star.  Phil contributes to OK! Magazine and blogs at becauseitoldyouso.com. Publisher: Skyhorse Publishing, Inc.  244 pages in soft cover.  $12.95. Summary: “Secrets of A Stingy Scoundrel” is a hilarious book that

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The Katana: Help Haiti If You Can 1/17/10

So far over $7 million has been raised to help Haiti by just texting the word “HAITI” to 90999.  You’ll get a confirm receipt from your mobile carrier once sent. Please consider donating! This week on Financial Samurai, we’ll share our thoughts on the latest government rhetoric, highlight a guest post by Flexo, introduce a new

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Book Review & Giveaway: “Your Money Ratios”

Your Money Ratios is a book by Charles Farrell. Your Money Ratios can help you get a better handle on your finances. Publisher: The Penguin Group.  Hard cover. 257-pages. Price: $26. Author: Charles Farrell, JD., LL.M., investment adviser with Northstar Investment Advisors, in Denver. He writes the “Retirement Roadmap” column for CBS Moneywatch. Review: “Your Money

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My SUV Will Beat Up Your Hybrid & Save The World!

My SUV is sweet. Why is it that some hybrid vehicle drivers eventually start looking down at non hybrid-owning drivers in disdain?  Is the “holier-than-thou” complex too hard to contain during flights of fuel sipping passion?  It’s natural to feel that whatever you purchase is the right purchase.  After all, if I overpaid for a

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It’s Been 35 Days Since I Last Spent Any Money On Junk

Alrighty, thank goodness it’s October! It’s now been 35 days since I last spent any money on junk. After declaring September to be frugality month, I’m finally free to splurge on as much junk as I want! Was it painful for a recovering spendaholic to not buy anything other than food for a whole month? Damn straight it

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