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Pragmatic Finance



The journey of collge student as he tries to improve his finances.


The Gods Decided I Have too Much Crap

A couple of weeks ago I received an interesting telephone call the day before I was going to return from vacation.  I don’t recall the exact words said but the gist of it was that the apartment above mine flooded.  Of course this had to leak until it collapsed my ceiling, soaking my entire room.

I had my laptop with me so luckily that wasn’t damaged.  However, my mattress on my bed and a few other items were destroyed.  Most of the things damaged were clutter I really didn’t need but hadn’t thrown away.  Think that cd you never listen to or those books you had put up to read but never did.  I did have a few pictures that were messed up and probably some other items I will sooner or later look for and realize are gone.

I tend to avoid insurance unless it’s something I know I can’t afford.  I was really glad that my roommate has renter’s insurance for the entire ...




The Hunt for Cheaper Car Insurance - Part 3

A while back I decided that I should look into finding cheaper car insurance. I wasn’t necessarily unhappy with the service I had been receiving from State Farm but had wanted to make sure I wasn’t getting ripped off. After looking into the different coverages, I decided to go with minimal liability coverage with a high deductible. My car is very old so comprehensive or collision would not be worth it.

I started out by using some online quote websites. They take your information and desired coverage and give you a quick check of several companies to compare, most of which are lesser known or ones I hadn’t heard of. I also took some quotes from Allstate, Progressive, Geico, AIG, and Liberty Mutual, among others.

Overall, I was a little disappointed. Most of the popular ...




Health Care on Less than you Think

I have been wanting to learn more about the different health care options out there for awhile now. It has been on my list of things to do before I graduate and no longer covered by my parents. So when I was offered a free copy of Health Care on Less Than You Think to review I took up the offer.

It is written by Fred Brock and covers the health care system in America. It dicusses the different types of coverages and goes over ways to save money and maximize your coverage. It also talks a little about the problems of our current system and gives a few suggestions of wholesale changes for the future.

One of the most useful parts of the entire book is a section in the second chapter that lists some of the common terms and gives definitions for them. I finally know what HMO, PPO, and EOB mean ...




Happy Thanksgiving!

I hope everyone has a Happy Thanksgiving.  I’ll spare you the customary list of things I am thankful for.  I hope to get back into the swing of posting several times a week.  Lately I have been really busy and just haven’t had much time nor motivation to post much.  Anyway, enjoy the day and eat a lot.




Festival of Frugality #45

Welcome to the 45th edition of the Festival of Frugality. I will tell you an interesting experience I had recently.

Last weekend I was organizing my room after hearing Upstate Frugal tell me how it could improve my finances. I was going to throw away some junk mail invitations to seminars that Wenchypoo told me are a waste of money when I heard the telephone ring. It was FreeMoneyFinance. He had come across a flyer advertising some carnival in town. He said it also had some tips to save money during the holidays. That seemed strange for a carnival and I contemplated whether it would be fun. After hearing Ask Uncle Bill tell me to get ...




Savvy Ways to Invest for College

You’ve probably been told or heard countless times of the importance of a college education, especially in regards to the increased earnings. However, saving for the college expenses of your children is a daunting task. I am reviewing a chapter from the The Boglehead’s Guide To Investing that is titled Savvy Ways to Invest for College as part of the BogleHead Project. It covers some of the strengths, requirements, and tax implications of some of the popular methods.
The plans they cover are:

  • Personal Savings
  • Custodial Accounts
  • U.S. Savings Bonds
  • Coverdell Educational Savings Accounts
  • 529 Qualified Tuition Plans
  • IRA Withdrawals
  • Other funding ...



My App o Rama - Part 2

After preparing for my app o rama for over a month I finally got down to business. My goal was to get sign up bonuses and as much 0% balance transfer money as possible.

Card Name Signup Bonus CardOffers Balance Transfer Other notes
Advanta Platinum Business Card n/a $50 0% for 16 mos 5% back on a bunch of stuff
American Express Gold Business Rewards $100 $75 n/a up to 100k in bonus points, no fee first year
Citibusiness w/Thank You Network ~$100 in points $10 0% for 12 mos 3% back on office supplies and professional services
Citibusiness Premier Pass ~$150 in points $10 0% for 12 mos 0 fee first year, $75 thereafter
Gold ...


The Boglehead October Project

I got sidetracked and forgot to post about this monday. AllFinancialMatters has set up a project involving the new book, The Bogleheads’ Guide to Investing. Each day a blogger will post a review of one of the chapters. I will be reviewing Chapter 14: Savvy Ways to Invest for College. A list of each chapter and the blogger who will cover it is on his site. I have seen book reviews but don’t remember seeing a community wide book review like this before. It should be interesting.

To give you some background info…John ...




Hunt for Cheaper Car Insurance - Part 2 - Coverages

Probably more important than the company you choose for your auto insurance is the actual coverage. It’s probably a good idea to go over the major types of coverage before going forward.

Liability
This covers an accident where you are at fault. This is normally the bare minimum that you can get by with. If you run into someone or over a telephone pole this is what will pay the bill. Many times it is split into bodily and physical damages and sometimes with a maximum per person and per accident. (more…)




My App o Rama - Part 1

I decided it was time to do an app o rama to make some more free money. Never heard of it? I discussed what an app o rama is not too long ago. It’s simply a process of opening up a bunch of new credit cards when your credit score is high in order to get sign up bonuses and 0% balance transfer offers. (more…)






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The journey of collge student as he tries to improve his finances.

Money Talk Financial Feeds > Personal Finance > General Personal Finance


Report created 05/31/2006


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