Many of you read my recent review of the Upromise program and the associated credit card. It seems that the folks at Upromise are transferring the business from Bank of America to Barclays Bank of Delaware. As a result, there are some major changes afoot. Most of these are actually going to streamline the rewards …
I just wanted to share these with everybody. Two fascinating articles. ENJOY! The 11 Ways That Consumers Are Hopeless at Math by Derek Thompson at The Atlantic – great thoughts on the way we shop The Money-Empathy Gap: New research suggests that more money makes people act less human. Or at least less humane. …
2 Awesome PF Articles on Behavioral Finance and Class Differences Read More »
Most of you read my Maximizing What's in Your Wallet articles that I put out each quarter. For a person like me that carries 8 credit cards at a time and has 2 others in a drawer that I use occasionally, the article serves as a way to organize my thinking in order to maximize …
In psychology, there is a term called 'cognitive reframing'. It's a term that basically refers to finding different ways to look at the same situation. For example, while many bloggers were bemoaning their net worth dropping last month, I instead reframed it as a buying opportunity. By the looks of things this month, I was …
I just received an email from PenFed offering me a $100 statement credit for spending $1,000 on airfare, car rentals, or lodging during Q3. A lesser deal (5%) also exists with a $25 statement credit if you spend $500 in the same category. Look for the email from PenFed or if you don't have this …
Welcome to the Q3 2012 edition of Maximizing What’s in Your Wallet! As a reminder, this post is for all the credit card deadbeats out there looking to maximize cash back rewards. So, if you never carry a balance on your credit cards, have them set to auto-pay in full every month, and want to make …
The following is a guest post from David Rodwell who shares my interest in whether using credit cards vs. cash actually change an individual's purchase behavior. Here he discusses some recent research on the subject. I respond with my thoughts after the article. Payment Mechanism, Product Perception, and Spending It’s been theorized for quite …
Cash vs. Credit: More on the Debate about Payment Mechanisms Read More »
"Buying opportunities." That's what I'll optimistically call the theme from May. Otherwise, I might be pretty chagrined by my change in net worth. Obviously the condition of markets here and abroad. Every blogger I read as well as almost everybody else is getting dinged by the negativity because it is not sector or stock specific. …
Dear Son, Happy birthday! On Sunday you turned 6 years old. What a joy it's been to watch you grow over the past year. It's hard to believe you're almost done with kindergarten. You're really starting to understand the value of money. I love watching you check the coin returns for leftover change wherever …
It's always interesting to see the Google search terms that send people to my blog. One consistent phrase is "Dan Savage net worth". It's not because I know anything about his net worth. Rather it's because I regularly post about my net worth, and I have posted about Dan Savage as well. But, I wonder …
