Broke-Ass Student

The dirty little secret everyone in Washington knows - “We suffer from a fiscal cancer.”
David Walker, the nation’s top accountant and former comptroller general of the United States, is a highly respected public figure who has run the Government Accountability Office. (The GAO audits the government’s books and serves as the investigative arm of the […]

A financial update. Oh baby, how far we’ve come
While rummaging through some older posts here on Broke-Ass, I stumbled across a lot of stuff I’d forgotten about. A post from last year showed how I’d gone from $0 in savings in January 2007 to $1,000 in savings four months later (see Surviving Paycheck to Paycheck? You Can […]

In The Current Turbulent Economy and Financial Sectors, What Gives?
I’ve become somewhat of a CNBC junkie lately, which has resulted in some pretty bizarre sleeping patterns. It’s not unusual to catch me propped up on my pillows at 4am, munching on some Cheerios and sneaking in an hour or two of ”Worldwide Exchange”. Month after month I’ve held my breath and […]

Here are current rates of some online savings accounts, as of August 15, 2007.
iGObanking 5.30% APY ($1 to open, no minimum, no fees, FDIC insured, compounded daily)
E*Trade 5.05% APY ($1 to open, no minimum, no fees, FDIC insured, compounded daily)
EmigrantDirect 5.05% APY ($1 to open, no minimum, no fees, FDIC insured, compounded daily)
HSBC Direct 5.05% APY […]

To move forward in your quest for wealth, you need to establish a clear financial picture
Is one of your aspirations to have complete control and power over your finances? Are you ready to reign in frivolous spending and not allow hard earned money to continuously be sucked into a spiraling black abyss?
Here is a small but […]

Taking Inventory of My Finances
This week I’ve decided to set aside a bit of contemplative time and quietly review my financial situation.  Every few months I sporadically enjoy kicking my feet up at a coffee house, with my trusty notepad in tow, to scribble an overview of whether or not my financial priorities are being established and my goals are being driven […]

Millionaire Mommy Next Door poses an excellent question of Can Money Make You Happy? on her personal blog today. Here is my response to her.
Hi Mommy Millionaire!
There can be a deep correlation between happiness and money. Money has the potential to make us happy through the freedom it provides. It can extend our impact on a grander […]

Broke-Ass Student is honored to host the 108th Edition of the Carnival of Personal Finance. With over 68 submissions this week, there should be enough reading material included to make your eyes bleed.
The following articles are some of my favorites from this week’s batch of submissions.
† † 
¤ Think Like The Rich delivers a potent example of the dangers of […]

A Continuation Of My Struggle Battling Alleged Credit Card Debt
The beginning of this story can be found at Broke-Ass Student Just Got A Whole Lot Broker with a bristled rebuttal at How To Fight Back Against Collection Agencies.
I squinted at the words scrawled across the pages through the dim light, entirely absorbed in my reading, when suddenly loud rasping at […]

True wealth accumulation dismantles the philosophy of, “let’s forget about tomorrow only to live for today“
Are you still frittering money away on purchases through credit cards by paying for ’stuff’ with future earnings? Does the thought of savings (or lack thereof) still leave you squirming and feeling uneasy?
Isn’t it time to break free from restrictive habits and follow a […]