March 2010

Walking Away from a Mortgage: Is it immoral?

March 18, 2010

Late last year, University of Arizona law professor Brent White stirred up some controversy by observing that underwater homeowners should feel no guilt about walking away from properties whose value has fallen way below the amount owed on them. Pointing out that the very lenders who cooked up questionable residential mortgages feel no compunction about [...]

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Apple: I think i’m in love…

March 17, 2010

No question about it: Apple’s service rocks! When I bought the cute li’l MacBook last December, the staff said I could bring the iMac and the MacBook in and they would synch the two, and while they were at it would upgrade the iMac to Snow Leopard. So yesterday I trotted all my computer hardware [...]

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Financial Freedom: Building the bankroll, part 2

March 17, 2010

We’ve seen that a key part to underwriting Bumhood is living below your means and using the resulting extra cash from income to build savings. The corollary to this important principle is that your money needs to work for you. That means it has to earn money instead of you having to go to work [...]

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Good grief! Near-disaster with Medicare Part D choice

March 16, 2010

So in the wee hours of the morning, while enjoying another spate of insomnia, I decided to kill some time looking up Wellcare, the Medicare Part D provider toward which I was leaning by the end of yesterday’s exploration of that corner of the insurance industry’s corporate bureaucracy. I thought that  exploration was through the [...]

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Medicare Part D: Another adventure in Wonderland

March 16, 2010

Just shoveled a couple more piles of bureaucratic grief off my desk, finally. I’ve put off dealing with Medicare Part D and Medigap insurance, mostly because after the interminable hassles entailed in getting free of state service, I’ve developed quite the flinch reflex about filling out forms. The mere thought of having to fill out [...]

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Financial Freedom: Building the bankroll, part 1

March 15, 2010

In the quest for financial freedom—the search for a way off the day-job treadmill—it’s important to build the habit of living not just within your means but below your means. When you live within your means, you spend no more than you earn. In living below your means, however, you spend less than you earn. [...]

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