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2 months ago
in linklings, glorious communism! edition on brip blap
Thank you for sharing my article. :-)
I don't like the idea of these bail outs either; especially because some people got greedy and made money off the "easy credit" and now we are left holding bag.
Regarding bad mortgage issue, I know that it's both lenders and borrowers fault that led us to this mess. But, if I am the authority who's bailing out these banks, I wouldn't hessitate forcing them to re-write some of the bad mortgages/loans so that there will be less default (i.e, converting adjustable and interest only mortgages to something reasonable, may be a fix at 1% higher than normal fix rate [yes, the banks will have less profit and the borrowers will have to pay for it too]). I don't see anything wrong with forcing the banks to take less profit for the good of the economy at this point.
I don't like the idea of these bail outs either; especially because some people got greedy and made money off the "easy credit" and now we are left holding bag.
Regarding bad mortgage issue, I know that it's both lenders and borrowers fault that led us to this mess. But, if I am the authority who's bailing out these banks, I wouldn't hessitate forcing them to re-write some of the bad mortgages/loans so that there will be less default (i.e, converting adjustable and interest only mortgages to something reasonable, may be a fix at 1% higher than normal fix rate [yes, the banks will have less profit and the borrowers will have to pay for it too]). I don't see anything wrong with forcing the banks to take less profit for the good of the economy at this point.
2 months ago
in under pressure on brip blap
I agree with ToughMoneyLove -- Get off the net and you'll feel better much quicker. :-)
4 months ago
in linklings, shock the monkey edition on brip blap
Steve, thanks for the link. The post will be re-published tomorrow. It was scheduled during my vacation and it wasn't quite ready...a blooper. :oops:
4 months ago
in more or less a one year anniversary on brip blap
Congratulation on reaching your anniversary. I think you're a great writer and I am glad to be associated with you and Brip Blap.
5 months ago
in Summer Savings Series #11: Saving at the movies this summer on Bible Money Matters
I haven't been to the movie theater for ages because it's so expensive. And we haven't rented a movie for a long time also. First we stopped going to the movie, then stopped going to Blockbuster, stopped buying used movies, canceled Netflix, downgraded to basic cable, and everything is fine so far. We saved a lot of money in the process.
5 months ago
in Summer Savings Series #1: Food is a big expense. How can you save? on Bible Money Matters
A lot of great tips here. Just by bringing lunch to work, I am saving about $35 a week. Also good suggestions on stop buying sodas and junk food.
1 reply
Money Matters
awesome.. I think i'm probably saving at least as much on lunches..
6 months ago
in Kids & Money: Best Posts, 4 of 7 Affording College on Money Hacks
Very true. I wrote something similar a while ago and spending the first 2 years in community college before transferring to a better school is definitely a good way to save money.
1 reply
billspaced
Pinyo,
Yes, community college was the best money I ever "saved." And I think the
education was better (smaller class sizes, professors less concerned about
book deals and speaking engagements) and the camaraderie was better, too. At
least for me.
Thanks for the comment!
Yes, community college was the best money I ever "saved." And I think the
education was better (smaller class sizes, professors less concerned about
book deals and speaking engagements) and the camaraderie was better, too. At
least for me.
Thanks for the comment!
6 months ago
in Lies and Money: What are you keeping from your spouse? on Bible Money Matters
Excellent. In our household, there is no secret. What's mine is hers and what hers is hers.
1 reply
Money Matters
Pinyo, you're a funny guy - that's why I like you.. :)
6 months ago
in Best of the blogosphere: Flowers in bloom roundup on Bible Money Matters
Pete -- Thank you for mentioning PF Buzz. I also want to congratulate you on starting the Money Life Network. Looks like you have a great team, and I believe that your network will be very successful.
1 reply
Money Matters
Thanks Pinyo, I appreciate it!
Stay tuned the Money Life Network has some big news coming up this weekend/next week! Big contest !
Stay tuned the Money Life Network has some big news coming up this weekend/next week! Big contest !
6 months ago
in How to find cheap gas where you live on Bible Money Matters
Good resources. I am definitely bookmarking this.
PS: I love your PS Buzz bookmarklet logo.
PS: I love your PS Buzz bookmarklet logo.
1 reply
Money Matters
Glad you found it helpful! Thanks on the logo - i just wanted something to
blend a little more with the site.. :)
blend a little more with the site.. :)
6 months ago
in short term, long term on brip blap
I think what you did was absolutely right and wonderful. The blog will always be here. You're money won't grow or go away if you don't watch it for a few days.
But time with your family is something that you can never get back, or redo...once it's gone, it's gone.
But time with your family is something that you can never get back, or redo...once it's gone, it's gone.
6 months ago
in How much gas are you wasting? on Bible Money Matters
I thought #4 saves gas...isn't that drafting? :-)
Great post!
Great post!
1 reply
Money Matters
yup, drafting can work to some degree if you do it on the highway, where there isn't a lot of stop and go. In rush hour traffic its bound to be more likely to cause an accident and hurt your mileage. I know - i had an accident earlier this year for that very reason - as well as having bad mileage due to all of these reasons above..
7 months ago
in Bible Money Matters April 2008 Recap on Bible Money Matters
Pete, I hope you and your wife will be able to return home soon.
1 reply
Money Matters
Thanks Pinyo, it sounds like she's going home tomorrow. After work i went to the hospital and she was in great spirits, had been up and walking, and wasn't having any withdrawal symptoms. The doctor said today that she can go home tomorrow, and we're soooo ready for that!
7 months ago
in linklings, dawn of the problogging empire on brip blap
Best of luck with pro-blogging. It certainly comes at the right time. Congratulation.
7 months ago
in Guest Post: Concentrate On Savings on Bible Money Matters
That's a very thought provoking example. I will have to do some math on this one.
7 months ago
in I made a stupid money mistake this week. on Bible Money Matters
I paid $50 fee for mutual fund sales (partial). My brokerage must have changed a few things during the merger.
8 months ago
in Money Hacks Carnival #6 - Famous Hackers Edition on Bible Money Matters
Terrific job. Thank you for hosting the carnival
8 months ago
in March Mathematics Madness! on brip blap
I have no idea what you are talking about in the first two paragraphs, but I am very happy to be associated with you and Brip Blap. Great conent and I wish you the best in the second quarter.
8 months ago
in linklings, economic end game edition on brip blap
Yeah, the economy looks really bad right now. It's incredible that a company that just built their brand new high rise in midtown Manhattan not long ago is being sold for $2 a share.
I also don't like the fact that the dollars is going down the drain.
Do you have any thought on what to do to protect wealth in this situation?
I also don't like the fact that the dollars is going down the drain.
Do you have any thought on what to do to protect wealth in this situation?
9 months ago
in Dave Ramsey’s Baby Step Series at the M-Network on Bible Money Matters
Thank you for sharing our group project with your readers.
1 reply
Money Matters
Thanks for having such a great series! I'll stay tuned for updates so i can add the remaining posts to the links.
9 months ago
in February roundup on brip blap
I am glad to be part of your success. I always enjoy reading your articles -- they are more deep thought/philosophical than typical articles in the PF blogosphere.
And congratulation on passing the 100,000 and 200,000 mark.
And congratulation on passing the 100,000 and 200,000 mark.
