magic-money-margin

The Magic of the Margin: Why Your Income Isn’t Your Greatest Wealth-Building Tool

There is a common misconception in the world of personal finance. For years, there has existed a notion that ‘a person’s income is their greatest wealth-building tool’. To this notion, I must humbly disagree.

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FFF University: Renter’s Insurance

First & foremost, if you live in a apartment or rental property of any type, you need renter’s insurance. Why? Well, you know that 400 pound man that lives above you? The one that stomps around in the size 15, steel-toed work boots at 3am. The one that plays fetch with his 3 german shepherds [...]

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Why Social Security Sucks

Why Social Security Sucks

Ok, the average American makes about 45k a year. Uncle Sam forces you to pay 6.2% of your income to Fica, aka Social Security. Uncle Sam also forces your employer to match that 6.2%, also contributing it to Fica on your behalf. Thus, 12.4% of your income is contributed to social security. Assuming you are [...]

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Doing Business With Family: A Life Lesson

Doing Business With Family: A Life Lesson

Dave Ramsey always talks about the dangers of doing business with family. He always cautions people to treat financial matters with family just like financial matters with a stranger. He says that if you don’t something bad will happen. He talks about how it will make Thanksgiving dinner taste different. It always seemed a bit [...]

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Financial Reform Ends Erroneous Fees…For 2 Seconds

Financial Reform Ends Erroneous Fees…For 2 Seconds

In response to looming ‘financial reform’, banks are continuing to find new and creative ways to jack their customers. Bank of America is leading the way by charging $9 per month for paper statements! For now, the $8.95 monthly fee applies to just one type of account, and only in Georgia. But B of A [...]

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Broke, Plastic, Easy Housewives of New York

Have you ever wondered why they call the show, “Real Housewives of New York”? It’s because ‘Broke, Plastic, Easy Housewives of New York’ doesn’t have the same ring. The reality of ‘Reality Television’ is that it is fake. ‘Real Housewives’ are not real. The girls on ‘The Hills’ work 4 hours a year. And ‘the [...]

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Fact: Money CAN Buy Happiness.

Money CAN’T Buy Happiness. False. Fact: Money CAN Buy Happiness. [...for all of you Dwight Scrute fans out there.] In years past, common knowledge has taught us that money can not buy happiness.  Well, according to new research, common knowledge is wrong. There has been a recent explosion of research results that support that increases [...]

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Former Baptist, Intrigued by Bootlegging

Former Baptist, Intrigued by Bootlegging

Here at fff, we touch on politics ‘fiscal responsibility’ from time-to-time. I wanted to share this interesting commentary by Bruce Yandle, former Executive Director of the Federal Trade Commission. Yandle discusses his theory on regulation in America. As one who tries to be an informed consumer, I was intrigued by his thoughts.

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Hey Gerber, Grow Up!

Hey Gerber, Grow Up!

The mysteries of mass mailing baffle me. Nonetheless, I received a mailing for the Gerber Grow-Up plan yesterday. My wife and I don’t have kids, don’t want kids, and generally speaking don’t like kids. But, as luck would have it, we are the target market for childrens whole-life, life insurance. Riddle me that! If you [...]

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A Return…From Parts Unknown

It has been a long time since I contributed anything meaningful to this poor blog.  My reasons are plentiful, but let us say this – a lot has happened in that period of time. A lot. We moved into our short sale.  We learned how expensive home ownership can be. We bought a car.  We [...]

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How I Intend On Drinking Dunkin Donuts Coffee All Year, For Free

As I write this post, I sit in my neighborhood Dunkin’ Donuts. I stop here as a part of my daily routine – 7 days a week. I love there coffee. One large with cinnamon, cream, and sugar [$1.97]. It is the sole reason for my visit. I recently made an adjustment to my routine, [...]

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Announcing the fff Android App!

In case you missed out on some of the beta announcements. freefamilyfinance.com has a new Android app. We are pretty excited about it and we hope you will be do. This app will give fff followers a way to follow our blog, flickr feed, and youtube feed from one convenient (and mobile) place. If you’ve [...]

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Not So Free Credit Reports

You know those catchy FreeCreditReport.com commercials. For years we have tried to differentiate those guys from the federally supported AnnualCreditReport.com (which is actually free). Now, it seems that the government has stepped in to protect its own cause. Recently, the Federal Trade Commission has begun requiring ‘Free’ credit report services to distinguish their separation from [...]

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