This week I liked:
- The economics of Robinson Crusoe @ Early Retirement Extreme – An explanation of why you should work and save rather than borrow, involving Crusoe, Man Friday, and berries
- A reminder that “my” car isn’t actually mine. @ Not Living on Ramen – I hate gifts with strings. If it’s mine I can do what I want with it, otherwise it’s yours and I’m borrowing it.
- A Hedge Fund Manager on Subprime: 3 Lessons in Investing @ The Honest Dollar – A neat explanation of the subprime crisis and how it was allowed to happen
- You’re Young So You Should Get Rich @ Schaefer’s Blog – A round-up of links, but my favourite line is “There is no secret.”
- No Credit Needed Podcast Episode 2 Of 2008 @ No Credit Needed Podcast – So, if you don’t want to read, but prefer to listen instead check out NCN’s podcast, there are some excellent suggestions for getting more organised financially and he has a very smooth, relaxed voice
- In the Presence of Humble Greatness: Muhammed Yunus Comes to Town @ Money Changes Things – The wideboy I sit opposite at work has family in Bangladesh, and he thinks microfinance inventor, Muhammed Yunus, is a legend, so it’s not just the sensible ones. If you want to get involved in microfinance, check out kiva.org. I’m currently lending money to an Azerbaijani minibus business.
The M-Network and Friends Money Matters for All Ages series has now finished. Check out the brilliant guide to the series @ My Dollar Plan, and the full line-up:
- Introduction at My Dollar Plan
- Preschoolers at I’ve Paid for This Twice Already
- Personal Finance for Children and Pre-Teens at Being Frugal
- Teenagers at Gather Little by Little AND Money Advice to My Teenage Son at DebtFREE-Revolution
- College Age at Mrs. Micah
- The Twenties at Remodeling This Life and more Twenties at Cash Money Life
- The Thirties at Moolanomy and more Thirties at My Two Dollars
- The Forties at Credit Withdrawal
- The Fifties at Millionaire Money Habits and more Fifties at Credit Withdrawal
- The Sixties and beyond at Chance Favors
- Retirement at Quest for Four Pillars and more retirement at Plonkee Money
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