Comments for Money Crashers http://www.moneycrashers.com personal finance blog Wed, 20 Aug 2008 07:05:58 +0000 http://wordpress.org/?v=2.5.1 Comment on How To Qualify For An FHA Mortgage by author http://www.moneycrashers.com/how-to-qualify-for-an-fha-mortgage/#comment-6120 author Fri, 15 Aug 2008 01:55:12 +0000 http://www.moneycrashers.com/?p=620#comment-6120 umm, i don't think your age matters, but they might consider it if you've had good standing previous mortgage history. But, i know that BOA is pretty strict on their underwriting guidelines right now. umm, i don’t think your age matters, but they might consider it if you’ve had good standing previous mortgage history. But, i know that BOA is pretty strict on their underwriting guidelines right now.

]]> Comment on College Savings Tips: Buy Used Text Books by Simon http://www.moneycrashers.com/college-savings-tips-buy-used-text-books/#comment-6119 Simon Thu, 14 Aug 2008 04:06:16 +0000 http://www.moneycrashers.com/?p=623#comment-6119 Good basic tips. Since I'm still a college student, I'd like to add another VERY IMPORTANT tip: Check the flyers on bulletins throughout the school buildings. Many other students cover walls with their Used Textbook flyers. You are bound to find something you need. And don't hesitate to contact the seller, there are great deals to be found so don't miss out. Plus, when you meet up for the transaction, ask about the class/professor and how to use the book to get good grades! Good basic tips. Since I’m still a college student, I’d like to add another VERY IMPORTANT tip:

Check the flyers on bulletins throughout the school buildings. Many other students cover walls with their Used Textbook flyers. You are bound to find something you need. And don’t hesitate to contact the seller, there are great deals to be found so don’t miss out.

Plus, when you meet up for the transaction, ask about the class/professor and how to use the book to get good grades!

]]> Comment on Watch Out For Illegitimate Multi-Level Marketing Programs by author http://www.moneycrashers.com/watch-out-for-illegitimate-multi-level-marketing-programs/#comment-6118 author Thu, 14 Aug 2008 02:11:14 +0000 http://www.moneycrashers.com/?p=621#comment-6118 you hit the nail on the head. There are definitely more bad ones than good ones, but I also wanted to point out that they aren't ALL illegal schemes. you hit the nail on the head. There are definitely more bad ones than good ones, but I also wanted to point out that they aren’t ALL illegal schemes.

]]> Comment on Watch Out For Illegitimate Multi-Level Marketing Programs by WealthBoy http://www.moneycrashers.com/watch-out-for-illegitimate-multi-level-marketing-programs/#comment-6117 WealthBoy Wed, 13 Aug 2008 14:46:14 +0000 http://www.moneycrashers.com/?p=621#comment-6117 Very nice job touching on the key issues with bad MLMs. When a product is marketed using MLM, there are really two things being marketed simultaneously. The product and the MLM opportunity itself. Unfortunately, when the product doesn't work as advertised and provides no value to customers, the product still continues to be sold because the MLM opportunity can still be marketed effectively. This is the biggest problem with bad MLMs and I would say this makes them borderline (illegal) pyramid schemes. If a product is marketed using traditional marketing and it doesn't work, people simply won't buy it. However, the marketing of the MLM opportunity regardless of the validity of the product is what makes them so pervasive and persuasive. Very nice job touching on the key issues with bad MLMs. When a product is marketed using MLM, there are really two things being marketed simultaneously. The product and the MLM opportunity itself. Unfortunately, when the product doesn’t work as advertised and provides no value to customers, the product still continues to be sold because the MLM opportunity can still be marketed effectively. This is the biggest problem with bad MLMs and I would say this makes them borderline (illegal) pyramid schemes. If a product is marketed using traditional marketing and it doesn’t work, people simply won’t buy it. However, the marketing of the MLM opportunity regardless of the validity of the product is what makes them so pervasive and persuasive.

]]> Comment on Get Better Gas Mileage From Your Hybrid by Tim Cox http://www.moneycrashers.com/get-better-gas-mileage-from-your-hybrid/#comment-6114 Tim Cox Fri, 08 Aug 2008 18:12:51 +0000 http://www.moneycrashers.com/?p=611#comment-6114 Here's a little hearsay for you Tony, but this makes sense and kind of hurts my conspiracy theory: A friend told me the other day that the EPA's gas mileage standards changed in 2007 to become tougher, so cars with estimates in 2007 is going to be lower in 2008, which is the reason why a 2007 Yaris gets 40 freeway and the 2008 gets 35. Makes sense, but the older generation still gets better mileage than today's economically minded cars Here’s a little hearsay for you Tony, but this makes sense and kind of hurts my conspiracy theory:

A friend told me the other day that the EPA’s gas mileage standards changed in 2007 to become tougher, so cars with estimates in 2007 is going to be lower in 2008, which is the reason why a 2007 Yaris gets 40 freeway and the 2008 gets 35.

Makes sense, but the older generation still gets better mileage than today’s economically minded cars

]]> Comment on 10 Tips For Saving Money On Back-To-School Shopping by Jenna http://www.moneycrashers.com/10-tips-for-saving-money-on-back-to-school-shopping/#comment-6111 Jenna Fri, 08 Aug 2008 14:40:27 +0000 http://www.moneycrashers.com/?p=616#comment-6111 Helpful tips! Buying school supplies in bulk is a great idea. Whether your kid is in elementary school or high school -- whatever you buy will get used! Helpful tips! Buying school supplies in bulk is a great idea. Whether your kid is in elementary school or high school — whatever you buy will get used!

]]> Comment on How To Qualify For An FHA Mortgage by Older Buyer http://www.moneycrashers.com/how-to-qualify-for-an-fha-mortgage/#comment-6110 Older Buyer Fri, 08 Aug 2008 03:08:53 +0000 http://www.moneycrashers.com/?p=620#comment-6110 [B]Bank of America won’t consider anyone for a loan in Florida without a 10% down payment, because they aren’t willing to take a risk on young buyers.[/B] What about older buyers? [B]Bank of America won’t consider anyone for a loan in Florida without a 10% down payment, because they aren’t willing to take a risk on young buyers.[/B]

What about older buyers?

]]> Comment on The Real Reason All of These Companies Are Failing by author http://www.moneycrashers.com/the-real-reason-all-of-these-companies-are-failing/#comment-6108 author Tue, 05 Aug 2008 17:30:32 +0000 http://www.moneycrashers.com/?p=615#comment-6108 no, everything BUT the mortgage. I should clarify that when I am talking about debt, I am referring more to consumer debts such as credit cards, student loans, and car loans because they go down in value. i wouldn't be too worried about your mortgage debt. If you want to strive to pay it off early, that's awesome, and you should if it doesn't break your bank. But, it's not weighing you down right now. Thanks for being such a faithful commenter! no, everything BUT the mortgage.

I should clarify that when I am talking about debt, I am referring more to consumer debts such as credit cards, student loans, and car loans because they go down in value.

i wouldn’t be too worried about your mortgage debt. If you want to strive to pay it off early, that’s awesome, and you should if it doesn’t break your bank. But, it’s not weighing you down right now. Thanks for being such a faithful commenter!

]]> Comment on The Real Reason All of These Companies Are Failing by Jacquelyn Hart-McCoy http://www.moneycrashers.com/the-real-reason-all-of-these-companies-are-failing/#comment-6107 Jacquelyn Hart-McCoy Tue, 05 Aug 2008 15:38:32 +0000 http://www.moneycrashers.com/?p=615#comment-6107 Debt free in two years including your mortgage and student loans? I was just curious. I agree with you on debt. I am very uncomfortable having too much of it. My mortgage is all I have. I think debt can be used as a tool (like when buying a home or starting a business) but the secret is not going crazy and only having debt you can very comfortable afford. Shawn and I like to live in a way that we could still pay all our essential bills on only one income even though we both work. If one of us is hurt or can't work or even wants to quit, we can, we have that flexibility. Even though many say I am too conservative, I feel so free because of it. Debt free in two years including your mortgage and student loans? I was just curious.

I agree with you on debt. I am very uncomfortable having too much of it. My mortgage is all I have.

I think debt can be used as a tool (like when buying a home or starting a business) but the secret is not going crazy and only having debt you can very comfortable afford.

Shawn and I like to live in a way that we could still pay all our essential bills on only one income even though we both work. If one of us is hurt or can’t work or even wants to quit, we can, we have that flexibility. Even though many say I am too conservative, I feel so free because of it.

]]> Comment on Top Referring Blogs For The Month of July by FMF http://www.moneycrashers.com/top-referring-blogs-for-the-month-of-july/#comment-6106 FMF Tue, 05 Aug 2008 12:03:11 +0000 http://www.moneycrashers.com/?p=613#comment-6106 Pleased to help! ;-) Pleased to help! ;-)

]]>