The Friday Financial Follies (FFF) are designed to summarize the important financial issues of the week.
- Share the humor of the FFF that are funny.
- Make fun of the stupid.
- Highlight those FFF you need to be aware of if you want to be financially well-grounded or is it well-rounded???
This weeks financial news was mixed as you can read below.
On a personal note, my kids came for a visit, which is always a lot of fun, but usually results in too much eating and less exercising than usual. Though we did throw the football and softball around a little-my shoulder soreness is almost gone…
I also sat in a deer stand for about 30 minutes before work Monday. I got a couple of texts and a phone call, while trying to read The Autobiography of Mark Twain, so the deer were very safe.
Sunrise in the Trees
Sunrise was beautiful in the woods though-so it was all good!
Financial Follies
Occupy Wall Street ‘s Attention
The Wall Street protesters should be partying with the indictment of former Goldman Sachs board member, Mr Rajat Gupta.
NBA-On Hold!
Have you noticed the NBA season has been postponed twice now, do you care? (I don’t, my NBA-dar doesn’t turn on till February most years.)
A Student Loan Stimulus Program
Obama’s student loan proposals:
Loaning people ton’s of money (guaranteed by us the taxpayer), then forgiving their loans doesn’t seem like a way to “save” taxpayer money.
Maybe no Recession?
The US economy grew at it’s best clip at a 2.5% growth rate. That is the growth rate felt by most economist’s to be equal to inflation.
Stock Market Pops!
Cross your fingers, the Dow is up almost 12% for the month of October-if it holds at this level it can be the best stock month in 30 years. Of course that’s because September was so bad!
Personal Finance Reads
Car buying
Buying your next car is the subject of a great guest post at Smart on Money! Despite almost universal advice on avoiding car payments by financial experts, it seems we all feel we “deserve” a new car we can’t really afford.
Burnout
Donna is tired at Surviving and Thriving. She doesn’t need my advice as she got so many damn comments on that post. I’m tempted to let her stay tired, just cause I’m jealous…..
But since I did do that Hippocratic oath thingey….8 hours of sleep nightly, have fun with close friends you don’t have to impress, read for pleasure, and get in the pool. Do this and Donna will feel like a new women in just a couple of weeks. No charge, except teaching me how to get more damn comments….(and yes that advice is just common sense I didn’t learn in medical school, but did learn from treating more burnout women than I can count in the last 25 years….)
Appliance Health (or not)
Kay Lynn @ Bucksome Boomer writes about the lifespan of your appliances. After counting up at my household, we are probably doing ok here. But shhh, things will probably all fall apart now that I’ve written that.
Jason, writing at WiseBread gives you 25 cheap ways to entertain your kids. Maybe you can come up with a sister post on 25 ways to cheaply entertain your grown kids, Jason-that might help me. (Though throwing that old football was pretty cheap, as was cooking on the grill.)
Julie at The Family CEO, does love her PerkStreet. I like that 5% part.
So Over Debt: Andrea is too poor to shop at Wal-Mart. Funny.
FMF warns against Pre-buys at Best Buy unless you’re ok with having them record your drivers license number. I haven’t played a video game since Mario first came out….I don’t guess I’ll start now, it’s probably like crack.
To Tattoo, or Not Tatto, that is the question. Lend me your eyes briefly and go read the damn post. @ Canadian Finance.
As a new iPhone owner, I read this wallet declutter with apps post from Money Crush, and might even try a couple of them.
The Mighty Bargain Hunter describes a moment of clarity by a bank representative. I agree with his interpretation of free markets and price controls. Price controls never work in the manner intended.
Giveaways-Contests:
Bucksome B. is giving away music.
A signed copy of the Book, the Art of Non-Conformity, by Chris Guillebeau is at Yakezie, the book review written by yours truly.
Money Q&A is giving away 25 buck Amazon card.
My Personal Finance Journey is giving away 100 bucks, plus more to charity. Only a couple of entry days left.
Go win some stuff, read a few great blogs, keep up with the financial news of this great country, but most of all, have a great weekend!
{photo credit: johnnyjet c.c.}
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Tags: financial good news, good and bad financial news, good financial news, this weeks financial news
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