Can We Rely on the CPI Inflation Calculator?

When I was 16 years old and starting to drive my car, a gallon of regular gas where I lived was 24.9 cents. Given that, I can use the CPI Calculator to find out what I should be paying for a gallon of gas now (1965 then, 2014 now) – correct? NO! Why not? . . . → Read More: Can We Rely on the CPI Inflation Calculator?

Credit Card – Cut It or Keep It?

If you are in a situation where you will be applying for a loan to buy a house or automobile, or . . . . ., then you may want to wait to cut up the card and/or cancel the account until that loan has been approved. . . . → Read More: Credit Card – Cut It or Keep It?

What is a “Financial Nut”?

If you take your personal budget and break it down into manageable segments – those segments are called “nuts” and the sizes of those “nuts” can be managed. . . . → Read More: What is a “Financial Nut”?

Simple vs. Compound

You can now see that simple interest benefits the borrower and compound interest benefits the lender. . . . → Read More: Simple vs. Compound

Economic Indicator “PPI”

The basic definition of PPI is that it “is a weighted index of prices measured at the producer level, not the consumer level. Imports are not included.” . . . → Read More: Economic Indicator “PPI”

Consumer Price Index

The CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. Sub-indexes and sub-sub-indexes are computed for different categories and sub-categories of goods and services, being combined to produce the overall index with weights reflecting their shares in the total of the consumer expenditures covered by the index. . . . → Read More: Consumer Price Index

GDP and GNP

GDP is our Gross Domestic Product. GNP is our Gross National Product. . . . → Read More: GDP and GNP

Cash in Hand

Having cash, paying with cash, giving cash gifts, carrying cash, getting cash, all have the same effect. Cash affects how we perceive ourselves. . . . → Read More: Cash in Hand

“P”onzi

Ever since the “swindler” was created, there have been Ponzi schemes, so named for Charles Ponzi. . . . → Read More: “P”onzi

Investing in Options – Risk of the Put Option

So – you lost $400 on this investment while the stock value went up $200, this would have been your gain if you would have just purchased the stock outright. . . . → Read More: Investing in Options – Risk of the Put Option