Friday Finance Followers – I Lost the Battle Edition

Some times it is important in life to concede to your spouse. In this particular case I have given in to the wishes of owning a new (new to her) vehicle. Based on our current income, debt load, and expenses there really isn’t any reason for me to deny her a car. Well except for my insane aversion to debt. So today I am meeting with a gentleman to hopefully sell my existing car, thanks CraigsList, and then hop over to the dealer to pick up my wifes new ride. She is probably getting one of the most expensive mothers day gifts ever. In all it is a great car that will chug gas like a German at Oktoberfest chugs beer. But it is what she wants and it will be a great car for toting kids around town and taking long trips. Feel free to rip me a new one for taking out a loan but enjoy some of these articles first.

@MrsMicah asks how many times do you have to fail before you succeed. This is an article after my own heart. I am currently struggling to get my web design/programming business, Suburban Media,  off the ground. I have only been able to land one client so far and it is frustrating. I am starting to explore some additional avenues of marketing and hope they work out for me.

@ExtremeJacob wants to know if you are suffering from careerism. It is a new word to me, but I am happy to report that I am definitely not suffering from careerism. To sum it up succinctly he say “the goal for a careerist is to rise as high as possible in terms of professional rank and achievement.” My goals right now don’t align with that statement.\

@Studenomics has a great roundup of personal finance advice for college graduates. I don’t usually link to roundups but there is some genuinely useful information in here. If you are getting ready to dawn the cap and gown check out these tips to help you get started on the right financial foot.

@MJTM wants to know if home remodeling is really an investment. Personally I don’t consider it an investment in the traditional sense of the word. It may not return the same amount you put in it but improvements on your home can make you stand out in a neighborhood of monotony.  If you have six houses for sale in a neighborhood but yours has improvements they may be more likely to put an offer on yours first.

@MattJabs wants you to start living on one income. I think this is a pretty great idea, we don’t do this right now but when my wife was getting ready to go on maternity leave we were pretty much living on one income to prepare for the hit.

Carnival of Personal Finance – @ Well-Heeled Blog

Carinval of Money Stories – @ Carnival of Money Stories Site

Festival of Frugality – @ Live Real Now

Money Hacks Carnival – @ Nerd Wallet

{ 3 comments… read them below or add one }

1 Evan May 7, 2010 at 10:44 am

Thanks for featuring my post.

Re Suburban Media – I have had this idea for a while, and maybe you can polish it…but maybe you can contact all those poor souls still at ***.Blogspot.com or even wordpress.org and say for $XXX.00 I can get you up and running on your own domain. I would bet that a lot of them don’t know how cheap it really is to get up and running.

Direct e-mail advertising.
.-= Evan´s last blog ..Most People that Tell You They Don’t Want to be Wealthy are Lying =-.

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2 brent May 7, 2010 at 12:10 pm

runs a personal finance blog and just took out a loan to buy a car? wtf, i should rip you a new one as you said! it might be acceptable to buy a new one with cash even while you are paying down debt but to aquire new debt for a vehicle is a big no no, shame shame shame

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3 Ryan May 11, 2010 at 8:06 am

Ehh, sometimes you need to buy a new(er) vehicle. We’re shopping for one right now to replace our little coupe (not very family friendly!). We probably won’t take out a loan, but it is still a major purchase!
.-= Ryan´s last blog ..7 Tips to Help You Make a Major Financial Decision =-.

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