Monthly Archives: October 2008

Friday Recap #1

Every Friday I will link to some of my favorite articles from the week. Take some time this weekend to read some of these below: Andrea at Fools and Sages has some nice thoughts on Credit Card Debt falling in August. Kevin at No Debt Plan discusses paying down debt vs investing in the down market. MoneyNing made [...]

Why Do We Need an Emergency Fund?

I was discussing personal finance with a friend from Stumble Upon the other day and he made the following interesting observation concerning the idea of emergency funds: Less certain about “emergency fund”, but my wife likes the idea. With the dollar losing value every day, and interest rates so long, it seems like the wrong thing [...]

Don’t Panic! This too Shall Pass.

With the DOW down about a gazillion points, it is easy to become discouraged. However, there is something to take heart in. Take a look at this graph from Harvard Bussiness Online:   If you go to the link above, it is an interactive chart. However, I just took a screen shot to show something. If [...]