In a recent post, I lamented the inefficiencies I saw in the mortgage process. Red tape, confusing questions, obscured data […]

One of my coworkers very recently moved to this state from across the country. In doing so, he had to […]

Last October, I mentioned that I had finally hit a net worth of zero, celebrating the occasion of being officially worthless. […]

Last October, I mentioned that I had finally hit a net worth of zero, celebrating the occasion of being officially worthless. […]

Last October, I mentioned that I had finally hit a net worth of zero, celebrating the occasion of being officially worthless. […]

Last October, I mentioned that I had finally hit a net worth of zero, celebrating the occasion of being officially […]

When most of us reach a certain point in our professional and personal finance journey, we start to experience lifestyle […]

Although this blog regularly deals with personal finance, economics and politics, our interests span a wide array of other areas […]

I saw this proverb a few years ago through StumbleUpon and I re-discovered it recently. As part of the PF […]

Bells are ringing! I am finally worthless! With my paycheck today my net worth has finally passed the literal and psychological $0 barrier. My financial leverage given a net worth of $1 is about 45,000-to-1. Let this be a lesson to everybody: massively over-leveraged financial positions can only end positively. Look at Long-Term Capital Management, MF Global, Bear Stearns and AIG: their executives still managed to escape with millions of dollars!