Broke-Ass Student

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.
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¤ 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 [...]

A Great Start to April!
I was thrilled to discover yesterday that I’ve reached one of my first financial goals earlier than expected (see My 2007 Goals for Financial Prosperity.) Thanks to diligently socking away between 10-15% of my paycheck and through receiving a portion of my tax refund, I’ve finally managed to accumulate a nifty safety [...]

More Financial Goals Defined
I’ve decided to take a moment to try to collect some thoughts. Hopefully this post is somewhat coherent since I’ve been feeling a bit barfy today (currently nurturing a huge mug of mint green tea, which, thankfully, seems to be easing the tummy pains for the moment).
So here goes.
* Unclutter my messes. As I [...]

Tonight I was rummaging through my archives and extracted some posts that were loads of fun to write. Here is a small compilation of what this broke-ass student has been up to for the past three months.

My lovely ‘I’m Being Sued’ debacle (I still have yet to hear back from the law firm again, go figure)

A bristled rebuttal to the lawsuit [...]

Strategic Planning and Foresight Can Go A Long Way
Although I’m currently burdened with car and student loans, this year I’ve decided to juggle my income between paying off my debts, saving for myself and investing toward the future. Therefore my financial goals for 2007 are to establish a small emergency savings and begin funding a [...]

Preserve your rights against debt collectors to make sure you’re being treated fairly
If you’ve been contacted by a collection agency, don’t be afraid, feel ashamed, or become nervous. Remain firm and stand your ground. Never allow yourself to feel manipulated or bullied. You will never, ever go to jail for not paying a debt. Take a deep breath, learn [...]

Financial Resources
Today I set aside the earlier bulk of the afternoon to take a field trip to my library and stock up on reading material. Here are some of the treasures I extracted.
Currently Reading:

“Smart Women Finish Rich” by David Bach
“The Richest Man in Babylon” by George S. Clason
“The Millionaire Mind” by Thomas J. Stanley

Currently on [...]

Baby step #12 – Concentrate refocusing energy on current blessings and wealth, as opposed to breeding negativity by focusing on what you believe you lack.
When one continually feels a certain way, they believe it and consequently create a reality for themselves.
I can’t do it. It’s too difficult. I’m not sure. I’ll never be able to. [...]

Acquiring Wealth
I dug up a wonderfully informative but compact two-page article about beginner wealth from young Joshua Kennon over at About.com. I regularly devour anything on financing I can get my little paws on, and this was a delectable read.
To learn how to accumulate wealth by shifting mentality and through careful strategic maneuvers, take a [...]

Corruption of Wealth Destroys Family
I read a shocking article at the Washington Post last night called “Rich Man, Poor Man”, about West Virginian Jack Whittaker’s $314 million Powerball jackpot win on Christmas 2002. Apparently this month, Jack is claiming he has now lost the bulk of his fortune to thieves.
What really creeped me out about [...]

My broke-ass is being sued.
I apologize for being away from this blog the past week, but things have taken an unexpected turn. Last Wednesday, out of nowhere, I received a notice in the mail that Mr. Scumbag lawyer was authorized to commence a lawsuit against me on behalf of a federal bank for an alleged [...]

Small progressions yield hefty results
A new year descends upon us with a fresh and invigorating beginning, and we all know we keep meaning to do better with our finances. It’s one of those things which constantly seem to be placed on the backburner as life continually whisks us from one unforeseen circumstance to another.

Thus we [...]

Saved money is a smarter approach to your goals than earned money
Living frugally means attempting to save money where you can, rather than blowing your earnings faster than your bank account can absorb it. Frugality sometimes has a bad stigma attached to it, and some people mistakenly perceive frugalness with just being a plain crabby [...]