[Deal Hunter]

Two years ago, my best friend and I had a falling out. We stopped speaking because I refused to get recruited into her new MLM company (a mortage operation) whose motto was “Make your house work for you. Take out your equity and invest.”

I had a couple of homes already, both with large equity. I wouldn’t do a refi with her to cash out and re-invest. This is partly due to conventional wisdom I got from my father – Pay off your mortgage, have no debts and buy income-producing assets. The other reason was that 2 years ago was a seller’s market and my own wisdom dictacted that one does not buy in a seller’s market.

I’m glad I stood my ground, but it makes me very sad to think how she might be faring now.

[Deal Hunter]

At what price point does gasoline have to be for people to change their fossil-fuel guzzling lives???

It’s nice to talk about alternative energy and Tesla cars (but, golly, I really want one of those), but it’s still a car – which means we’re not really ready for life as we know it to change.

Much more than cars are the things we have come to expect as our god-given American right to have lifestyle that are the real sources of our vast consumption of pertroleum:

-Fresh fruit from 8 different countries available at our local Costco.
-99 cents store
-Starbucks Monday special: Morning Roast Arabica Espresso
-Prestine corn on the cob, not half eaten by corn grubs
-Abnormally large avocados
-Abnormally small tomatoes
-Taco bell
-Bottled water
-Nike shoes
-iPods

I don’t see Americans doing without these things even if gas goes up to $10-$12. Maybe at $20?

[Deal Hunter]

At what price point does gasoline have to be for people to change their fossil-fuel guzzling lives???

It’s nice to talk about alternative energy and Tesla cars (but, golly, I really want one of those), but it’s still a car – which means we’re not really ready for life as we know it to change.

Much more than cars are the things we have come to expect as our god-given American right to have lifestyle that are the real sources of our vast consumption of pertroleum:

-Fresh fruit from 8 different countries available at our local Costco.
-99 cents store
-Starbucks Monday special: Morning Roast Arabica Espresso
-Prestine corn on the cob, not half eaten by corn grubs
-Abnormally large avocados
-Abnormally small tomatoes
-Taco bell
-Bottled water
-Nike shoes
-iPods

I don’t see Americans doing without these things even if gas goes up to $10-$12. Maybe at $20?

[Deal Hunter]

At what price point does gasoline have to be for people to change their fossil-fuel guzzling lives???

It’s nice to talk about alternative energy and Tesla cars (but, golly, I really want one of those), but it’s still a car – which means we’re not really ready for life as we know it to change.

Much more than cars are the things we have come to expect as our god-given American right to have lifestyle that are the real sources of our vast consumption of pertroleum:

-Fresh fruit from 8 different countries available at our local Costco.
-99 cents store
-Starbucks Monday special: Morning Roast Arabica Espresso
-Prestine corn on the cob, not half eaten by corn grubs
-Abnormally large avocados
-Abnormally small tomatoes
-Taco bell
-Bottled water
-Nike shoes
-iPods

I don’t see Americans doing without these things even if gas goes up to $10-$12. Maybe at $20?

[Deal Hunter]

At what price point does gasoline have to be for people to change their fossil-fuel guzzling lives???

It’s nice to talk about alternative energy and Tesla cars (but, golly, I really want one of those), but it’s still a car – which means we’re not really ready for life as we know it to change.

Much more than cars are the things we have come to expect as our god-given American right to have lifestyle that are the real sources of our vast consumption of pertroleum:

-Fresh fruit from 8 different countries available at our local Costco.
-99 cents store
-Starbucks Monday special: Morning Roast Arabica Espresso
-Prestine corn on the cob, not half eaten by corn grubs
-Abnormally large avocados
-Abnormally small tomatoes
-Taco bell
-Bottled water
-Nike shoes
-iPods

I don’t see Americans doing without these things even if gas goes up to $10-$12. Maybe at $20?

[Deal Hunter]

At what price point does gasoline have to be for people to change their fossil-fuel guzzling lives???

It’s nice to talk about alternative energy and Tesla cars (but, golly, I really want one of those), but it’s still a car – which means we’re not really ready for life as we know it to change.

Much more than cars are the things we have come to expect as our god-given American right to have lifestyle that are the real sources of our vast consumption of pertroleum:

-Fresh fruit from 8 different countries available at our local Costco.
-99 cents store
-Starbucks Monday special: Morning Roast Arabica Espresso
-Prestine corn on the cob, not half eaten by corn grubs
-Abnormally large avocados
-Abnormally small tomatoes
-Taco bell
-Bottled water
-Nike shoes
-iPods

I don’t see Americans doing without these things even if gas goes up to $10-$12. Maybe at $20?

[Deal Hunter]

You’re right, SD. It’s another form of fighting the price correction that really needs to happen. It may be painful, but the markets really need to be set free. Manipulation of the markets by the Fed thru monetary policy and the government thru fiscal policy needs to just STOP.

I know that what I am about to say is going to trigger vile retorts, but the real enemy is inflation. Helicopter Ben needs to be handcuffed to his bathroom tub to prevent him from further cutting the prime lending rate.

[Deal Hunter]

You’re right, SD. It’s another form of fighting the price correction that really needs to happen. It may be painful, but the markets really need to be set free. Manipulation of the markets by the Fed thru monetary policy and the government thru fiscal policy needs to just STOP.

I know that what I am about to say is going to trigger vile retorts, but the real enemy is inflation. Helicopter Ben needs to be handcuffed to his bathroom tub to prevent him from further cutting the prime lending rate.

[Deal Hunter]

You’re right, SD. It’s another form of fighting the price correction that really needs to happen. It may be painful, but the markets really need to be set free. Manipulation of the markets by the Fed thru monetary policy and the government thru fiscal policy needs to just STOP.

I know that what I am about to say is going to trigger vile retorts, but the real enemy is inflation. Helicopter Ben needs to be handcuffed to his bathroom tub to prevent him from further cutting the prime lending rate.

[Deal Hunter]

You’re right, SD. It’s another form of fighting the price correction that really needs to happen. It may be painful, but the markets really need to be set free. Manipulation of the markets by the Fed thru monetary policy and the government thru fiscal policy needs to just STOP.

I know that what I am about to say is going to trigger vile retorts, but the real enemy is inflation. Helicopter Ben needs to be handcuffed to his bathroom tub to prevent him from further cutting the prime lending rate.

[Deal Hunter]

You’re right, SD. It’s another form of fighting the price correction that really needs to happen. It may be painful, but the markets really need to be set free. Manipulation of the markets by the Fed thru monetary policy and the government thru fiscal policy needs to just STOP.

I know that what I am about to say is going to trigger vile retorts, but the real enemy is inflation. Helicopter Ben needs to be handcuffed to his bathroom tub to prevent him from further cutting the prime lending rate.

[Deal Hunter]

Tragic, however it is legal as it is all in the fine print that they hope you never read. Try this fun little activity:

Find out how your finance charge is calculated on your favorite credit card. Generally the finance charge is the interest on the balance you carry on your card. Note: This has nothing to do with the annual percentage rate. The finance charge is calculated with what is known as the “periodic” rate. A finance charge is charged and added to your balance each time the “period” of the periodic rate cycles.

So, question 1: How often does periodic rate on your favorite credit card cycle? Question 2: Do you have just a periodic rate or do you also have a daily periodic rate on your favorite credit card?

Where do you find this information? All those tiny folded pamphlets that come with your monthly statement (that you never read and promptly throw out with the envelope and magazine subscription ads).

Periodi rate cycles by credit card company:
BofA: (Varies) Every 21 days, 15 days, and some are every 24 hours
Capital One: Every 15 days
Chase: Every 10 days
Citi: Every 7 days

[Deal Hunter]

Tragic, however it is legal as it is all in the fine print that they hope you never read. Try this fun little activity:

Find out how your finance charge is calculated on your favorite credit card. Generally the finance charge is the interest on the balance you carry on your card. Note: This has nothing to do with the annual percentage rate. The finance charge is calculated with what is known as the “periodic” rate. A finance charge is charged and added to your balance each time the “period” of the periodic rate cycles.

So, question 1: How often does periodic rate on your favorite credit card cycle? Question 2: Do you have just a periodic rate or do you also have a daily periodic rate on your favorite credit card?

Where do you find this information? All those tiny folded pamphlets that come with your monthly statement (that you never read and promptly throw out with the envelope and magazine subscription ads).

Periodi rate cycles by credit card company:
BofA: (Varies) Every 21 days, 15 days, and some are every 24 hours
Capital One: Every 15 days
Chase: Every 10 days
Citi: Every 7 days

[Deal Hunter]

Tragic, however it is legal as it is all in the fine print that they hope you never read. Try this fun little activity:

Find out how your finance charge is calculated on your favorite credit card. Generally the finance charge is the interest on the balance you carry on your card. Note: This has nothing to do with the annual percentage rate. The finance charge is calculated with what is known as the “periodic” rate. A finance charge is charged and added to your balance each time the “period” of the periodic rate cycles.

So, question 1: How often does periodic rate on your favorite credit card cycle? Question 2: Do you have just a periodic rate or do you also have a daily periodic rate on your favorite credit card?

Where do you find this information? All those tiny folded pamphlets that come with your monthly statement (that you never read and promptly throw out with the envelope and magazine subscription ads).

Periodi rate cycles by credit card company:
BofA: (Varies) Every 21 days, 15 days, and some are every 24 hours
Capital One: Every 15 days
Chase: Every 10 days
Citi: Every 7 days

[Deal Hunter]

Tragic, however it is legal as it is all in the fine print that they hope you never read. Try this fun little activity:

Find out how your finance charge is calculated on your favorite credit card. Generally the finance charge is the interest on the balance you carry on your card. Note: This has nothing to do with the annual percentage rate. The finance charge is calculated with what is known as the “periodic” rate. A finance charge is charged and added to your balance each time the “period” of the periodic rate cycles.

So, question 1: How often does periodic rate on your favorite credit card cycle? Question 2: Do you have just a periodic rate or do you also have a daily periodic rate on your favorite credit card?

Where do you find this information? All those tiny folded pamphlets that come with your monthly statement (that you never read and promptly throw out with the envelope and magazine subscription ads).

Periodi rate cycles by credit card company:
BofA: (Varies) Every 21 days, 15 days, and some are every 24 hours
Capital One: Every 15 days
Chase: Every 10 days
Citi: Every 7 days

[Author]

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