Midweek Roundup – Public Net Worth, Quicken Giveaway, Yodlee, Compact Fluorescent Bulbs, Cheap Furniture, & Stock Market Behavior
February 21, 2007
It’s only halfway through the week and I’ve already run across some great articles so far.
Public Net Worth
CAP from Stop Buying Crap asks the question, what if your net worth was public? Literally hovering over your head wherever you went. How would that change your behavior? Check out his graphic, I feel bad for the guy at the end of the line. Or how about a Stranger Than Fiction scenario where you could hear someone giving a play by play account of your personal finances? I can see how that would make me think twice about spending foolishly.
If you’re in search of a way to organize your finances, head over to Blogging Away Debt where Tricia is giving away free copies of Quicken. She is even offering free support to help get up and running. Free software and free support, you can’t beat that! Hurry, the deadline is quickly approaching.
“It’s a very simple (and free!) and effective way of putting all (almost all) of your financial transactions in order. In my case, except rent, laundry expenses, and a few bucks in cash, everything gets managed through Yodlee via credit cards.”
Compact Fluorescent Light Bulbs
On the energy front, Matt from Binary Dollar lets us know that Australia is planning on banning the sale of incandescent light bulbs to reduce power consumption. I’m sorry to say our government isn’t that proactive on energy but at least someone in the private sector is taking matters into their own hands. As a company that many love to hate, it’s nice to see Wal-Mart trying to go green.
My wife should have read this article. We spent way too much furnishing our new home a few years ago. In her defense, she bought only quality furniture and almost always for a significant discount. However, when I read about the FedEx box approach over at The Digerati Life, I can’t help but think about how much we could have saved.
Stock Market Behavior
I’m definitely not savvy on stock trading but am in the process of learning more. Jeremy at Generation X Finance tells us about the importance of broad market behavior when trading stocks.
“Each day before you make the first trade it is important to take a look at what the markets are doing. Identify if the broad markets are trending up or down, then determine what individual sectors inside the market are doing. This top-down approach will help you focus your trading strategy and allow you to filter out potentially poor trading ideas.”
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All posts by Ben Edwards