Don’t Quit Your Day Job – Personal Finance, Economics and Investing

Our article “Jevon’s Paradox, and More Ado About Gas Taxes” was featured in the OneMint Economy and Your Finances Carnival. Go check out the carnival, and the OneMint blog.

“Debt: Invest in Yours” was a featured article at LivingAlmostLarge, which is hosting the 201st Carnival of Debt Reduction. The site’s host, LAL, poses an excellent question, however: “…if you pay off debt with a windfall, how do you know you won’t do it again?” If you know the answer, post a comment over there.

“Putting a Mortgage in Reverse” is included in the 74th edition of the Money Hacks Carnival, over at Suburban Dollar. Check it out!

Before I read this article, I could not imagine a scenario which would lead a company to sue itself. Yes; you read that correctly. Wells Fargo is suing itself in Florida in order to facilitate the foreclosure of a property in which it has multiple liens.

A commonly heard refrain in the personal finance world is ‘Keep 3 months of living expenses in an emergency fund!’ If fact, this is heard so much it’s almost become a mantra for people taking control of their finances for the first time. Where does this ‘3′ come from? Why do you keep it? All this and more will be answered, read on…

If you come into money, don’t ignore paying down debt as an option. Oftentimes paying down debt can save you much more money than you can earn with another option. Additionally, paying off a loan in full will increase your future cash flow. Read on for a look at debt as an investment and a closer look at tax-equivalent yield.