Scrooge Strategy

Archives —
October, 2005

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47

Your FICO score can save you thousands of dollars in 5 minutes

This is a guest post by Michael Squier.
In the next 5 minutes, I will save you tens of thousands of dollars.
This should be a no brainier, but I’m sure many of you will be disappointed when you find that I’m not talking about a stock pick, or a magic money mutual fund. It’s something [...]

1

Bernanke’s stock holdings and some comparisons

I was reading “What’s in Bernanke’s Wallet?
A psycho-financial analysis of Fed chair nominee Ben Bernanke” this morning and found it pretty interesting.
Henry Blodget, the infamous writer, was commenting about how Bernanke only has one stock (Altria), and how it reflects negatively on his intelligence/abilities as the future Fed.
To which Craig Newmark replied, “Yo, Henry, [...]

14

Guilt and Our Choices

Today I want to talk about guilt and the weird way it makes people act.
In college, I never understood the jackasses who would say they had “tons of work to do” and that they “should work” and would go to the library for 13 hours, where they would chat on AIM, read maybe a total [...]

12

A great mediocre idea from Bank of America

Bank of America has a great new idea out.
Keep the Change:

Every time you buy something with a Bank of America Visa® debit card, we’ll round up your purchase to the nearest dollar amount and transfer the difference from your checking to your savings account free of charge.
In other words, if your coffee costs $3.57, [...]

36

Sprint tries to rip Ramit off? Oh my

The cellular phone companies have some of the worst customer service of any company. In fact, in a recent survey, 2 of the 3 worst-rated companies for customer service were cellphone companies. Recently, I got another chance to go head-to-head with Sprint PCS, which surely has the worst of all in my experience. If you [...]

8

Why don’t schools teach personal finance? (Part 1)

This is the first of many posts on this topic. Seriously, isn’t personal finance at least as important important as teaching post-modern analysis of Wuthering Heights?
PS–I don’t know what the last sentence means. English majors, please don’t write me.
Anyway, check out a letter my friend Ian Ybarra wrote to Student Financial Services at MIT.
I graduated [...]

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