From the monthly archives:

September 2008

Carnival of Personal Finance #172 – Meltdown Edition

by debt kid on September 29, 2008

I’m pleased to present….oh wait…we have a special report coming in…
"The sky is falling!" "Banks are failing!"
If Homeland Security had a "threat level" for the financial markets, last week would have been BRIGHT RED. (update: And today! Dow has biggest point job ever)
With all the scare in the air about a meltdown, the good news [...]

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Sad Day For Seattle, WAMU

by debt kid on September 26, 2008

It’s a strange feeling in Seattle today.
WAMU is no more.
It seems like just yesterday they moved into a beautiful new building downtown. It’s probably my second favorite building downtown.
Two of the smartest kids from my college days took jobs at WAMU right after graduation. At the time it seemed like a great move. [...]

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So, I was looking for things to do this weekend, and this totally just fell in my lap!
I will be hosting the carnival of personal finance next week. Fun!
Submit Your Best Article
If you have a quality post you’d like considered for the carnival, please submit it here.
I have a few theme ideas running around [...]

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Bounced My Employees Check. Ouch.

by debt kid on September 23, 2008

I got a letter from Bank of America today telling me that they returned a check from last week. Which check?
My one employee’s check.
Crap. Crap. Crap.
The irony (?) of this is that in the last 12 months I’ve never had more cash than I do right now….it just wasn’t in my account at the [...]

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By The End Of Today, What Do You Wish Would Happen?

by debt kid on September 19, 2008

If you have 8 minutes of your day to watch this, I think you’ll appreciate the beauty and simplicity of this short video. Shot in New Orleans, the filmmakers asked as many people as they could just one question.

Fifty People, One Question: Restored from Benjamin Reece on Vimeo.

I love the variety of answers. Some are [...]

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Yes Zecco, Sex Still Sells

by debt kid on September 18, 2008

OK Zecco, you got my attention. I’ll bite.
This past week Zecco, the online broker who offers no-fee trade commissions (if you have over $2500 in your account, max 10 per month), released a few new “educational” videos on their site.
Zecco Zirens
Hosted by the um, attractive, Zecco Zirens, these aren’t your typical investment videos. They [...]

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My Passion

by debt kid on September 18, 2008

I have such a passion for anything financially related.
Seriously, I am like a kid in a candy store when I’m on cnbc or reddit business or just reading some of my fellow pf bloggers good posts.
Books and Real Life
I think I may have mentioned this before, but I was a finance major in college [...]

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Why I Don’t Miss Day-Trading

by debt kid on September 17, 2008

A reader left a comment a few days back that I figured I’d respond and flesh out a bit more:
I have a question for you, but it might be kind of insensitive or painful; if so, please ignore this. I was wondering if you have any kind of emotional response when markets get really [...]

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Building A "Debt Destruction" Fund

by debt kid on September 12, 2008

I’m sure many of you know what it feels like to have a decent chunk of change in a savings account.
I’ve never had this feeling until now. Wow. It’s incredible. For the last 3+ years I’ve never had a savings account with actual money in it. Sure, I had brokerage accounts that sometimes had 50K+ [...]

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And The Winner Is…

by debt kid on September 12, 2008

The winner of my 16-blogger PF Challenge Tournament is…
Madison from MyDollarPlan.com
Congratulations Madison. You came back to beat Step3Prophet in back-to-back matchups to take the top spot! Not an easy thing to do. Needless to say, if I have a financial question and need a quick answer, I know who to ask.
The Runner’s Up
In 2nd place: [...]

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