Things You Don’t Need #14: Processed Foods

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While this post is a bit of a blanket statement, let me clarify: in general, processed foods are more expensive (and not always that much more convenient) than their non-processed equivalents. Let’s take an example: pancake mix. I’ve always found pancake mix to be such a frustrating product. We pay $2-$3 for a box of […]

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Why Most Reasonable Economists Would NOT Work All Day, And Save Every Penny

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I was reading Brian Tramuel‘s “Richer Understanding” post over at RetirementSavvy the other day, and it got me thinking about the economics of work, saving and leisure. It’s not hard to find bloggers in the personal finance blogsphere who are determined to save upwards of 50%, 60% or even 80% of their income. They’re also […]

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Why You Should Always Be Skeptical of Data About “Rising Prices.” Like the Soaring Cost of College.

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The rising cost of college is a hot topic in the media these days. This afternoon, I was reading through my local Boston Globe, when I found this: “These charts show the soaring cost of college,” by Matt Rocheleau. So, naturally, I thought wow! just a few charts to magically show the soaring cost of […]

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How Does Your Net Worth Stack Up? 3 New Ways to Measure Your Net Worth

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Everybody is sharing their net worth on the internet these days. Rockstar Finance keeps “The Ultimate List of Blogger Net Worth” listed on their website. They’ve even churned the data so you can see where you rank percentile-wise. It’s pretty neat stuff! But as I’ve written before, not everyone’s keeping track of their net worth […]

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Why Introverts Save More Money

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Introverts often get a bad rap. They’re shy, timid, and perhaps even boring. But there’s one thing that introverts excel in: saving money. Canadian Professor Jacob B. Hirsch published an article called “Extraverted populations have lower savings rates.” Hirsch found that, whether comparing states to other states, or countries to other countries, those places that […]

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Things You Don’t Need #13: News Media Subscriptions

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I say “news media” subscriptions here because, let’s face it — newspapers are a bit of a dying art. But that isn’t to say that you should never read the news! In fact, you should read the news — and lots of it! But the important thing to note is that — more often than […]

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Emergency Fund Planning: What Is The Probability You’ll Need Your EF?

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The internet is full of different standards about how large to make an emergency fund. “Save 3 months of expenses.” “Save 6 months of expenses.” “Save a YEAR’S worth of expenses.” It seems like any standard you want, you’ll be able to find somewhere. In reality, though, there’s no one-size-fits-all emergency fund value. And something […]

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Things You Don’t Need #12: A Drying Machine

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I currently live without a laundry drying machine — and not because I chose to go without one! I actually moved into an apartment that had a drying machine when I visited, but once we moved in the landlord told us the drying machine had been removed (it had something to do with electrical work). […]

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Why Your Personal Inflation Rate Matters, As Told by Cig Arette and Cy Bernet

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Frank Fact’s Personal Inflation Rate Calculator is LIVE! To get your FREE copy, just subscribe to our email list below, or in the “Subscribe” field at left! So, why have I been pushing the Personal Inflation Rate measure so fervently these past few weeks? Well, to demonstrate, let me tell you a story about two […]

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Things You Don’t Need #11: Museum Admissions (that you pay for)

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First off, let me be upfront — I’m a bit of a museum junky. I love museums of all types, and would never stop going to them. Museums are the cornerstone of public education, bringing a wide variety of knowledge to their visitors. They’re a great way to learn, and they’re the perfect activity for […]

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