Financial

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As a Dave Ramsey acolyte, I have a rule – If I cannot pay cash for something, I do not buy it. Period. Like all rules there are times when they have to get bent or broken and I’m not so hard core that I’d tell my daughter “Sorry, you can’t have a life saving operation because we don’t have the cash for it”, but I am pretty adamant that I will not go into debt for basic wants. This system has actually increased my cash flow as my wife & I no longer impulse buy, thus we only buy things we...
posted by by Robb Allen @ 2/28/2017 12:00:22 PM | Feedback (11)
Tam, in her ever wonderful word-smithing, discusses why some young adults are now clamoring for a bail-out of their debt Her whole life, since she was old enough to understand the big words on the 6 O'clock news has been spent in the land of the bailout, and if you've grown up on participation prizes and scoreless soccer games, then there's no reason to believe you as an individual aren't every bit as important to the world as General Motors or Goldman Sachs. If either of my daughters takes a...
posted by by Robb Allen @ 3/19/2014 9:35:23 AM | Feedback (5)
As most of you should know, I’m debt free. Both of my cars are paid off, and I have $0 owed to any credit card, loan, or any other entity besides my mortgage (and even then, I’m trying to get waaaay ahead of it). I pay cash for the things I need and if there’s something I want, I save up the money for that as well. When I got the KRISS for T&E, I had no plans to actually buy it because I knew my budget didn’t have the funds in it and trying to secure them would probably make my wife want...
posted by by Robb Allen @ 4/3/2012 9:17:58 AM | Feedback (13)
I see ads now for Coca-cola, now in a New User Friendly Size! 12.5 oz instead of 16. Same price. I hear chocolate rations will be raised again next week.
posted by by Robb Allen @ 2/28/2012 3:42:17 PM | Feedback (8)
A few years ago, I started claiming as many deductions on my taxes as I could without filling out extra forms. The goal was to get as close to owing $0 at the end of the year as possible without getting a refund. That’s right, I prefer owing money than having Uncle Sam get an interest free loan. What we do is budget for tax time to owe $X. X is a significant number because the first time I tried this, there was a lot owed. The neat thing is that I’ve tuned it and only owe a few hundred now,...
posted by by Robb Allen @ 2/23/2012 1:15:39 PM | Feedback (14)
The youngest spiked a fever last night and after a few days of runny noses and earaches, we decided to take her to a walk in clinic. For whatever reason, my insurance was not working and it showed iMac as ‘inactive’. Checking on the website, it showed everything as copasetic, but the validation system said otherwise.  No big deal. I have funding set aside for emergencies should things like this arise, and I was more than prepared to simply pay out of pocket and deal with the insurance...
posted by by Robb Allen @ 2/20/2012 10:04:02 AM | Feedback (12)
If you cannot afford to pay for it right now, you cannot afford it. This is bad debt. You do not need to pay financing on a firearm. It does not benefit you in any shape, form, or fashion. Sadly, many people will chime in with “justifications” out the wazoo on why this is a good idea and how wonderful it is to have a high credit score so that you can purchase more items you don’t need on credit so you can raise your credit score so you can… well, you get the gist. You want an M&P15 for...
posted by by Robb Allen @ 1/11/2012 11:10:35 AM | Feedback (10)
Got an email from AT&T talking about how I can save money on my monthly bill by purchasing a more expensive plan. I had no idea AT&T was government ran!
posted by by Robb Allen @ 1/9/2012 11:44:40 AM | Feedback (1)
I’m going to brag for a second. You know how after Christmas you’ve got credit card bills out the wazoo? I don’t. In fact, we had left over money this year that we didn’t spend, and it’s not like we were chintzy on the gifts. What the Mrs. and I did was budget how much we were going to spend for Christmas or birthday gifts, divide that amount by the number of months left in the year (we didn’t start this until midway through the year in 2011), and then put that money away each month. Come...
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posted by by Robb Allen @ 1/3/2012 8:53:47 AM | Feedback (11)
Shelley brings word of a great product line So, when you buy a pair of Combat Flip Flops, a factory has to tool up, train skilled labor, develop a quality product and ship an end item made of more than the sum of its parts.  On this side of the world you get shoes. That's cool. Afghanis are empowered to be creative and benefit their own lives, families and country. That's change. This highlights one thing that I believe in with every fiber of my being (because I’ve yet to see it...
posted by by Robb Allen @ 10/26/2011 12:14:54 PM | Feedback (4)
Read this.
posted by by Robb Allen @ 10/20/2011 2:20:10 PM | Feedback (1)
Certain cash transactions banned in LA House Bill 195 of the 2011 Regular Session (Act 389) broadly defines a secondhand dealer to include   “… Anyone, other than a non-profit entity, who buys, sells, trades in or otherwise acquires or disposes of junk or used or secondhand property more frequently than once per month from any other person, other than a non-profit entity, shall be deemed as being in the business of a secondhand dealer. ” The law then states that “A secondhand...
posted by by Robb Allen @ 10/17/2011 9:49:32 AM | Feedback (10)
JayG has a meme So here's the meme. Long answers or short. 1. What was your first car? Model, year, color, condition? 2. What adventures did you have in it, good or bad? 3. What happened to it, what's the end of the story? My first set of wheels was a 1976 Toyota Celica GT in Primer Grey. The headliner was droopy, oil changes mean simply adding in new oil, and the tail lights were activated by plugging them into the cigarette lighter (brake lights worked find). I think I...
posted by by Robb Allen @ 10/12/2011 9:37:34 AM | Feedback (13)
posted by by Robb Allen @ 10/5/2011 11:29:04 AM | Feedback (25)
So, a few weeks ago I was carping about how I couldn’t afford a rifle I had had my eye on for ages. It was an $1800 rifle that I could have gotten for almost 1/3rd the cost but, being debt free, it wasn’t something I had budgeted for and thus was unable to get it. Now, I realize why they were going so cheap Pineville, NC – PARA USA announced today that it was exiting the rifle market to concentrate on its core competency in handguns. CEO Thanos Polyzos said, “PARA has some exciting new...
posted by by Robb Allen @ 9/29/2011 8:30:35 AM | Feedback (3)
Needed an oil change, rear tire was slowly leaking (and still pretty damned new), and yesterday the engine light came on. I had noticed it was running a bit rough and that starting the car could be sluggish, so I figured whatever the light was about, that was it. Holy moly. They just called. The guy said it’d take less time to tell me what wasn’t wrong. Blinker fluid was good and the steering wheel was still round. One of the coils had gone bad, the air filter was clogged, the wobblinrod...
posted by by Robb Allen @ 9/14/2011 9:31:18 AM | Feedback (9)
Debt free, that is I’ve done this single. I’ve done this while trying to convince a girl I was worth marrying. I’ve done this while keeping the wife happy and increasing her standard of living. I’ve done this as a renter. I’ve done it as a homeowner. I’m about to do it as a parent. No matter where you are in your life, you can do this. Just like quitting smoking, though, quitting debt is hard. You have to want it. Not all debt is bad, just 99.999% of it. If you’re starting a business...
posted by by Robb Allen @ 9/5/2011 3:19:39 PM | Feedback (6)

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