December 4, 2009

Best of blog posts for week of December 4th

Bad Money Advice discusses the supposed high rate of bankruptcy rates among lottery winners with : Why Lotteries are Bad – The Third Reason They have the same doubts that I've had about how common bankruptcy really is among winners.

Generation X Finance also points out some bad money advice with Robert Kiyosaki is Off his Rocker (Again) – Is The 401(k) Really the Biggest Scam Ever?

Darwin's Finance talks about a little known government home loan program : USDA Home Loan Program – The 0% Down Bonanza You’ve Never Heard About

Free Money Finance has One Example of Living Paycheck-to-Paycheck which I think is a very good tale of how bad relationships and choosing the wrong mate can really ruin your finances.

Bargaineering talks about Charge Cards: The Forgotten Option Since I use an Amex credit card and pay it off monthly switching to a charge card wouldn't be much difference for me personally except unfortunately the charge cards have fairly steep fees.

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