by Brian Carr on August 11, 2011
Share Penny wise and pound foolish sounds like a funny saying, but it’s actually a pretty important concept when it comes to living a frugal life. For those of you who don’t know what the phrase means, it more or less means you sweat the small costs so much that you either end up incurring [...]
by Brian Carr on August 4, 2011
Share It’s no secret the economy stinks. That’s not the question. The real question now is: how bad will it get? As I said in my post, “10 Signs We’re Headed for Another Recession – Or That the Last One Never Ended,” there is a laundry list of things wrong with the economy – housing [...]
by Brian Carr on August 3, 2011
Share It’s no secret the economy is not doing well. Unemployment is still close to 10%. Under employment – the figure I think gives a better representation of how bad the labor market is – stands at 18.3%, meaning nearly one in five Americans either doesn’t have a job, or is working a part-time job [...]
by Brian Carr on July 30, 2011
Share For many years leading up to the real estate bubble, it was almost unheard of to purchase a home without at least a 20% down payment. This was the bank’s way of making sure you had adequate skin in the game and started off with enough equity that, if you ran into payment problems, [...]