Financial Follies: Steven Signs With Penn State Edition!

The Friday Financial and Health Follies (FFHF)  summarize the important (or just fun) financial and health issues of the week.

  • Share the humor of  the funny
  • Make fun of the stupid.
  • Highlight  and explain new  financial and health news-so you don’t miss it!

Friday Financial Follies

Man, sometimes I think…..”I’m gettin’ old!”

I went to a celebration this week.  Why would a celebration make me feel old?

One of the little babies I delivered almost 18 years ago signed a scholarship offer Wednesday to play quarterback for Penn State University.   Even with all the Happy Valley tragedy lately, it was an exciting night for his  family and our community.

Penn State University

Steven is also as good in the classroom as he is an athlete-a great role model.

Congrats Steven we’re proud of you!

I look forward to watching you for the next few years.  And remember when you think your head is getting too big for that blue ball cap, there are plenty of folks here who remember you when, and will bring you back to earth in a skinny minute.

When you’re faced with a difficult decision and you get a niggly feeling in the back of your neck, it’s all of us back home who care about you whispering in your ear to help you make the right choices.

Best of luck and be safe!

Go Nittany Lions! (boy  that was hard to type!)  Oh,  and about those sideline passes…

Let’s get started on the business and health news of the week!

Facebook announces it’s IPO plans.  It’s amazing the hype.  But think about it, when Google went public, how many Grandmas knew what a search engine was?  Everyone knows about Facebook. Even those who don’t use it.  I predict the IPO will do well.  (not that I’m recommending the stock-I’ll discuss that later.)

 Pressure on a 5 year old

In China, parents trying to get an edge for their kids pay $190 to have the child’s palm read, at SCHOOL.  The palm reader predicts intelligence and success. What happens when they can’t see through the peanut butter and jelly?

Dumb, but lookin good, Crook Story

Ya gotta love dumb crook stories.  This one involves a robbery-with a curling iron.  This curling iron wielding thief got the cash on hand at a n income tax preparers office.  Because she had been in recently to have her taxes done, all the staff recognized her.  A warrant has been issued. A lien too, probably.

Breast Implants save a life?

Doctors say (what do they know) recent breast implants saved a woman’s life after a stabbing.  Must’ve been Dolly Parton sized….

Euro insulation?

Shredded Euro banknotes (a billion of ‘em) used to build an Irish home.  I wonder how the bank appraised that feature?

Ohmmmmm

In the ‘it could  only happen in California column’:   a Yoga room at the San Francisco International Airport.  Your California tax dollars at work.

Cystic fibrosis drug released

Breakthrough drug for cystic fibrosis sufferers released.  Hopefully one with more broad indications will follow.

Personal Finance, and other things I’ve enjoyed reading this week.

Joe, at Free Financial Adviser, gives you advice on how to use a Roth IRA as an emergency fund.  Interesting idea.  Though any money borrowed from your retirement account is money that won’t be there at retirement, unless you’re the one in a million who pays yourself back principle and lost  growth.

Maria at Money Principle discusses whether or not she could take an offered 2 million dollar/pounds/euros-(it’s the principle remember) bonus payment.  The question is: Is anyone worth that kind of bonus money?  I would have to say it’s possible, though I don’t know anything about the RBS of Scotland… But in the world of international banking business, if you were a serious rainmaker, and brought billions in business into the bank, then a million or two in bonus money would certainly not be out of line.  If you were in charge while the bank was going down the tubes, then any bonus is just BS.

Sean at Smart Family Finance suggests that student loan consolidation is not a good move.  He makes a very good mathematical argument.  I’m always a believer in keeping your finances flexible-and debt consolidation does limit your options.

Len Penzo was picking on a poor defenseless physician this week, make him stop!

 Beating Broke writes about facing the fear. Good tips for facing facts rather than exaggerated concerns.

Financial Samurai thinks the economy has turned, and there is money to be made.  He may be right.  I hope so!  I hope he’s not delusional over the 49ers loss in the playoffs!  Who you bettin on for Superbowl Sunday Sam?

Carnivals and Roundups

Baby Boomer Blog Carnival

Carnival of Retirement

The Carnival of Financial Planning

Innovative Solutions for Positive Change’s Life and Business Coach Carnival

The Yakezie Carnival is at the Amateur Financier

Festival of Frugality at Squirrelers

Personal Finance Whiz liked my Million bucks…in my 401k post.

Stock Carnival Ecstasy

Go visit these folks who work hard to put together these carnivals.

Thanks for reading and have a wonderful weekend-enjoy the game! Go Giants!

{photo credit: shidairyproduct c.c.}

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4 Responses to “Financial Follies: Steven Signs With Penn State Edition!”

  1. AverageJoe says:

    just remember it was your smooth delivery that will allow all of us see Steven play on Saturday afternoons! Congrats to him and his family, and to their doctor. I still remember the day I signed my letter of intent like it was yesterday. Okay, I’ve gotta leave now before I tell a good ol days story….

  2. Thanks for the mention; and in what great company.

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