Have you ever noticed when you travel up and down the interstate that gas prices vary wildly from exit to exit or from state to state? In traveling back and forth to my parents house 4 states away, I generally have to get gas at twice. And believe me, prices can vary by as much [...]
by DenverDwellings Do you pay attention to where things are made? Have you noticed that American made items are few and far between? Really! Even things that are made by American companies are often made overseas. The news is full of more and more companies closing. The biggest industry, our car makers are getting a [...]
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In a telephone conversation with my mother this morning, she mentioned that their tenants were having difficulty paying their rent due to layoffs and reduced hours. She said that she and my father had discussed it and made the decision that they would not take their life savings out to pay the mortgages on the [...]
Continue reading about Feedback Wanted: Hard Decisions in Today’s Economy
by Phil Romans With the most recent quarterly statements from Exxon, I am feeling raped. With almost every American heavily dependent on oil, Exxon’s 58% increase in profit in the last quarter seems obscene and Exxon isn’t alone. Oil companies across the board have been booming while the rest of the country suffers in the [...]
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I got an email last night from Dave Ramsey outlining his “Common Sense Fix” for the Government Bailout Plan. Not surprisingly at all, it made a ton of sense to me. It’s a simple plan and addresses not only the current issues that banks and mortgage companies are having but also adresses the root cause [...]
As you saw in the post yesterday, I have made the decision to sell my house. It’s an old house and not in the best location for a quick sale so I spent some time getting it ready before it went on the market. Here is a list of things that everyone should do when [...]
Gas prices are falling! I’m sure that is not news to anyone but here in my little corner of Virginia we are well below the national average. I am driving about 50 miles to work one way and my drive takes me through several small towns. I have been surprised at how much variance there [...]
I will not even begin to comment or predict what may happen but I firmly believe that however this comes out in the wash, it will affect our financial futures. Former Federal Reserve Chairman, William Poole’s comments in a Congressional hearing have fueled fears that the mortgage giants may be failing. Mr. Poole stated that [...]
Continue reading about Mortgage Industry Shudders as Fannie Mae & Freddy Mac Scramble
We all know that the cost of food is rising daily. Milk, meat, rice and bread prices seem to rise almost as quickly as fuel costs are rising. I have recently become more involved in the Virginia farming community and have been listening to the buzz as they struggle to make ends meet. These men [...]
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I stopped by the local market a few days ago and picked up a bottle of diet coke. They had a huge bright yellow price tag on them that said $.99. I actually grabbed two to take advantage of the $.19 savings. It wasn’t until I got up to the register that I noticed that [...]
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