Dear readers - Pop Quiz! Which one of these financing offers is a better deal? A) [Carpet Price + $572] with 24 months, 0% financing B) [Carpet Price + $0] with 6 months, 0% financing Here’s the back-story: So Mrs MMD and I are buying new carpet for our house. We find something we like and we sit down with the sales representative to go over pricing. He gives me Option A with a price that just sounds wrong (of course I calculated out what the price should be ahead of time). When I interrogate him on the cost, I find out he is charging $660 for the installation. Anyone who has ever shopped for carpet knows that pretty much everyone who sells carpet always offers the equivalent of about $100 for installation. So when I bring this to the … [Read more...] about Weekend Wind Down 8/11/2012 – Bad Financing Offers
Archives for August 2012
Book Review: Rich Dad Poor Dad by Robert Kiyosaki
Without a doubt, Rich Dad Poor Dad has become one of the most controversial personal finance books of modern times. Some people have praised it as the revolutionary how-to guide for creating ultimate riches through passive income. Others despised what they read because Kiyosaki challenged the conventional system for how people make a living and live their lives. When was the last time you were told that going to college and becoming an employee for someone else for the next 30 years is a terrible plan? Or that the only reasons you became an employee in the first place was out of your own fear and greed of money? Or that your house is NOT one of your greatest assets? Rich Dad Poor Dad is NOT a book that will explain to you what a 401k … [Read more...] about Book Review: Rich Dad Poor Dad by Robert Kiyosaki
Weekend Wind Down 8/04/2012
August is here and that means the Summer is quickly coming to an end! Didn’t it just start? I’m glad my wife encouraged me to put together a fire pit this Summer. Friday nights have been becoming our un-wind time to build a fire and leave the stress of the work week behind. Mrs. MMD and I wanted to do something special for the kids this weekend so we’re taking them to their favorite store – Build-A-Bear – this weekend. But don’t tell them – it’s a surprise! Has anyone watched “The Woman in Black”? It started off slow … then got really, really freaky …. Then ended very predictably …. … [Read more...] about Weekend Wind Down 8/04/2012