Sunday Round Up

Heres a short list of articles worth a read this week.

It's Down, It's Up... No, It's Down Again
By JONATHAN BURTON, WSJ.com

"What's causing this turmoil? The end of cheap and easy borrowing -- part of the fallout from the subprime mortgage mess -- coincides with slower corporate earnings and weaker consumer spending. This perfect financial storm is causing investors world-wide to rethink the risks they've taken in stocks and bonds. But many shareholders haven't stopped to think at all -- they're just selling."

Top 25 Most Outrageous Celeb Purchases of 2007

Credit Card Lowdown
"#19:Lindsay Lohan’s addiction to Promises. Let’s face it. If any of Lindsay’s stints in the hyped up rehab haven Promises proved to be even slightly effective, this purchase wouldn’t appear on our list. But the budding actress and superstar has failed to sober up after both trips to the Malibu therapy center, which put her back about $122,000. What makes this purchase so outrageous? After all that money spent, it still doesn’t seem to have done any good."
#25 is a good one too!

Gas prices drop nearly 11 cents in last 2 weeks-MSNBC
"The nation’s lowest average price was in St. Louis, where a gallon of regular cost $2.52."

What Is Envelope Budgeting?- Blueprint for Financial Prosperity
"The reason why it works is because it makes people plan up front instead of winging it each month and because it restricts how much you can spend from both an individual category perspective (one envelope) and a total expenditure perspective (all the envelopes)."

No comments: