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Newsflash: You can’t get out of debt until you stop being broke! By Kevin M Some argue that if you’re in debt the priority needs to be to payoff your debts before attempting to build a savings account. Many call for the establishment of a small emergency fund—typically $1000—to handle contingencies, and then to pour all [...] By Kevin M Question: is a car an asset or a liability? That was a theory question in a sophomore level accounting course I took in college way back when. After some debate among the class, the professor confirmed what we all knew, that the technically correct classification is “asset”, but felt compelled to add, “Of course, [...] By Dave Kelly Ok, here’s the thing… I like reaching goals. I am an achievement junkie. I am really into setting an objective, quantifying it, putting together a plan, and then going after it with everything that I have. That is cool to me. It gives me energy and excitement. Provides purpose. When I was in elementary [...] By Kevin M You may be employed at the moment; in fact you may even be well-employed. But look at many others around you and what do you see? With millions unemployed, millions more under-employed, and hundreds of thousands of jobs being outsourced to lower wage countries, what does the future of employment hold? [...] By Kevin M We’re not going to talk today about the best deals on widescreen TVs or the most cost effective cable packages. Instead, I want to focus on what I’m certain are the far larger affects of TV on our finances in the form of time, opportunity cost, and influence. Time. According to Adweek [...] By Kevin M Has this ever happened to you? The arms (technical term “temple arms”) of your eyeglasses break at the joint forcing you to purchase a brand new pair of glasses? It’s happened to me three times in the past five years! OK, if you’re not an eyeglass wearer, and no one [...] By Kevin M If you’re living paycheck-to-paycheck, and struggling just to get by each month, that situation won’t improve until you reach the point where you have a cushion to back you up. You might think that the pressure would be eased by an additional income source, but the problem with higher income is that [...] By Kevin M Now might not be the best time to make a job or career change, but does that mean you have to sit where you’re at and just tough it out until better times come along and open up the doors of opportunity? Well, don’t go quitting your job, but there’s plenty you [...] |
 
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Radical Self Reliance in the New Economy
By Kevin M
What if the economy isn’t turning the corner? What if the “Great Recession” isn’t a recession at all, but the early stage of a longer term economic devolution?
I consider this as more than a reasonable possibility. As much as we might cling to the notion of “business as usual”, the history [...]