Consumerism Commentary

Today was supposed to be a picnic at the apple orchard day, but the cold weather and rain put a stop to that idea. So I guess it will be another blogging day for me. Last week was the first time that Moolanomy featured articles written by staff writer. Please let us know what you [...]

Well, that was fast. The Cash for Clunkers program created a lot of buzz in the personal finance blogging niche (and I am sure in the auto industry as well). And a few days later, it went out with a bang. Yes, the Cash for Clunkers program, Gas Guzzler rebate, or whatever you want to [...]

With all the buzz about the new credit card legislation which is formally known as the CARD Act of 2009, I think it’s a good idea to do a round up of articles that talk about this new law. But before we go to the articles, I just want to give you a brief overview [...]

If you’re a regular personal finance blog reader, chances are you’ve heard about Dave Ramsey and Debt Snowball. Personally, I have mentioned both Dave Ramsey and Debt Snowball a few times, but never write directly about it. In this article, I’d like to provide a brief introduction, an illustration, and links to related resources.
What Is [...]

It’s hard to believe how fast time flies, but here we are already in 2009. Before we look forward, let’s reflect back on 2008. In term of the economy, it wasn’t so great; but I hope each of you can find one good thing that happened to you last year — for me, it was [...]

I hope everyone had a great Thanksgiving.  Many of you are probably anxiously waiting for Black Friday.   I am sure that are some mighty good deals out there; however, you won’t see me on any line (if I can help it).  Personally, I think Black Friday is a form of torture that should be [...]

Investing in the stock market is a risky business if you don’t know what you’re doing.  Even if you do, it’s possible to lose a lot of money — e.g., Bear Stearns, Fannie Mae, Freddie Mac, etc.  Personally, I have moved away from individual stock picking for many years now, and embrace investing mechanics that [...]

Asset allocation is an investing a strategy for maximizing gains while minimizing risks in your investment portfolio. It involves diversifying your assets among different broad categories of investments, such as equity, fixed income, and money market, etc.  By reducing your investment risks, you’re in a better position to meet your financial goals.
How Asset Allocation Works
The [...]

This is the second part of Financial Risks And Personal Finance Risk Management series. In the first part, we looked at financial risks and risk management as they relate to your income and expenses. In this part, we will be looking at risks pertaining to your assets and credit.

Photo by Snoober via Flickr
Asset Risks
Your assets [...]

Are you tired of the daily grind at work and seeing nothing but a dead end career? If you have been in the workforce for a while, it’s not easy to change your line of work . And changing job may help for a while, but you’ll still be doing the same dreadful thing. If [...]