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Summer Vacation On A Shoestring

Time to think about summer getaways. For anyone who pays their own bills, “vacation” reads the same as “$$$$$$$$”.

But it doesn’t have to be that way. There are many vacation options, and many opportunities to make it budget-friendly. Continue reading

Can Gambling Make You Wealthy?

The Solvency Shark recently overhead a conversation in which a woman recounted how she lost $1200 gambling in Biloxi (“which is a lot for me,” she said), and then made $1800 the next night. “So really, I won.”

This got the S.S. wondering: can you actually make money gambling in the long-term? Continue reading

Pointers for Avoiding Audits

Say “IRS audit”, and you’ll make sword-swallowers and Mt. Everest climbers cringe. Having your personal life numerically reviewed by a stranger, is, well… it’s the root canal of the financial world. Continue reading

Becoming A Smart Consumer

We make thousands of purchases throughout our lives, but the trick is being good at it— buying the products that suit our needs, at the best price, with the least amount of hassle.

The Solvency Shark offers these strategies for making great purchases, whether a new home or a pack of gum. Continue reading

The Importance of Personal Finances Using a Simple Approach

Until very recently, personal finances were a very simple thing: You worked.

Sometimes you worked for money, sometimes you worked for a product. If you needed something you couldn’t make, you bought it. If you needed to buy something you couldn’t afford, you got a loan through a bank. Continue reading

Should finance be taught in schools?

The school-age years are the most formative period of our lives— they’re when we learn how to interact with the world. Thus, our education system tries to send positive, socially productive messages to its students.

Other messages can be picked up at home, from friends, and from the most commercially nefarious influence of all… television. Continue reading

Cutting Holiday Costs by Planning Ahead

The Winter holidays stress out everyone— even if you hardly observe them. There are crazily packed stores, even crazier traffic, parties, dinners, services, school exams… and the resultant January financial drain.

Here are ways to get some bank account and credit card relief during December: Continue reading