Broke-Ass Student

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 [...]

Learn the Advantages and Disadvantages of Online Bank Savings Accounts
Here’s a look at some nifty Online Savings Accounts and their Current Rates as of December 10, 2006
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 [...]

Nonsensical musings on the spiritual laws that gravitate around my finances
“There is no statement so absurd that no philosopher will make it” - Cicero
Money is a necessity. It’s something we spend many long hours working hard for. To accumulate a mass amount of wealth by the end of our lives somehow signifies a [...]

I just read an article over at Violent Acres that resonated strongly with me. It’s an excellent read that illustrates the madness of what debt can do, and the sobering reality of how it affects everyone regardless of stature. It’s a two-part provocative story and definitely worth heading over for a look.
Go take a moment [...]

Accepting debt and learning how to conquer it
One day it dawned on me that I was in some pretty nasty debt due to a car and student loan- to the tune of over $15,000. I also began to realize that I wouldn’t achieve true financial stability or spiritual peace of mind until I was free [...]

How simple and compounding interest impacts your wealth

Do you remember tuning out in business class when your teacher was giving you the basic information on how interest rates affect our loans and investments? Now it’s time to re-evaluate what we’ve all ready learned but failed to truly appreciate because we were pre-occupied with calculating our Friday night soiree instead of our math equations. Let’s revisit some basics to learn small ways on how to let our money work for us, starting with a look at simple interest.

I’m about to head out and help my family with their dinner preparations, but I thought I would leave this pondering thought with you all.
Baby Step #3 - Receiving grants are a great way to start the holiday!
My university grants for this semester have finally arrived in the mail.
There is nothing quite as liberating as [...]

Financing and philosophical inquiry, complementary forces?
Baby Step #2 - “A penny saved is a penny earned”
It occurred to me today how callously my former self would toss a penny on the ground without giving it another thought. Currently I’m in a mass-cleaning mission to clear away unwanted clutter, and I’ve been truly amazed at how [...]