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Personal Finance By The Book

Personal Finance By The Book

5 Items You Should Always Buy Used

July 12, 2013 by Joe Plemon Leave a Comment

Buying new has its good points: you may receive a warranty, you can return the item if it is defective, and you simply enjoy the feeling of being the first-time owner. However, the cost savings of buying certain items used greatly outweighs these good points. Five such items are: 1. Automobiles A new vehicle depreciates […]

Filed Under: Dollars and Sense

Should You Trade Cars in Order to Get Better Mileage?

June 12, 2013 by Joe Plemon 2 Comments

Calculating how much money you could save by switching to a car which gets better gas mileage is simple math. However, because other factors normally apply, your car decision is not always simple. Start with the Math If you are going to pay more money for a car which gets better mileage, you should calculate […]

Filed Under: Dollars and Sense, Vehicles

Why I am Not an Entrepreneur

April 17, 2013 by Joe Plemon 1 Comment

There is a reason I am not an entrepreneurial success: I don’t have a clue what people will buy. Time after time, I have been wrong about innovations which have proven hugely successful. The fact that I still don’t understand the success of these products means that the possibility of me ever coming up with […]

Filed Under: Dollars and Sense

7 Last Minute Tips for Black Friday Shoppers

November 21, 2012 by Joe Plemon 1 Comment

7 Last Minute Tips for Black Friday Shoppers

Black Friday, the crazy day where retailers tempt shoppers by slashing prices on selected items to nearly insane lows is nearly upon us.   If you are a Black Friday shopper, these tips should help you survive, or maybe even enjoy the crowds while you seek those bargains.  1. No credit cards. The perfect item […]

Filed Under: Dollars and Sense

Should You File That Insurance Claim?

August 29, 2012 by Joe Plemon 21 Comments

Our daughter Jaime recently called to tell us, through angry tears, that she learned from her mortgage company that her homeowner’s insurance policy had been cancelled. Evidently, when the mortgage holder tried to make a payment from Jaime’s escrow account, the insurance company couldn’t accept it because Jaime was no longer insured. After cooling down […]

Filed Under: Dollars and Sense, Insurance

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