Don’t go shopping when…

…you’re upset.

Nuff said.

Personal Finance Round-up

Tasha really got money-smart last week by being so self-aware in her shopping and taking her goals to pay off all debts this year seriously. Personal finance voyeurs out there will love her blog as well as Geek and Money’s. It’s strangely interesting to watch his mid-year personal finance checkpoint (check, check, ooops gotta do better on that…) and what he expects for the coming year. If you want to know why it’s important to compute your net worth and you want to know how other people are doing it, check out his blog.

Frugal Pinoy reveals that he’s into gadgets and makes a great case against buying a newly released gadget. All of you who are itching for the iPhone should only read it if you want to be free of the itching…

ArtGamolo’s entry today explains how to leverage debt, meaning borrow money to invest. Tricky. I have seen some people do it and get burned, and I’ve seen others who got richer.

Ready To Be Rich’s spied on me and learned that my refrigerator is more than 10 years old and I’m planning on buying a new one :-). One of those things that escaped me is replacing that trusty old White Westinghouse. I’ll definitely try that tip on inserting a paper bill along the edge and seeing if I can easily pull it out once the door is closed. Oh and yeah, he says the ones that make ice and dispenses them through that little window consumes more power. More tips in his blog,

To Aspiring Entrepreneur who is still bleeding from this falling market… I feel for you, buddy. “When will it (stock market) reach the bottom?” he asks. I wrote about people who just want to stop the bleeding in my article today in the Philippine Daily Inquirer, Stock market getting you down? An article from CNNMoney today “Bear market freak out” pretty much said the same thing as my article: that people often buy high and sell low, instead of buy low and sell high. Back to Aspiring Entrepreneur, he has a spreadsheet on all his mutual fund and UITFs. It was interesting to see which of his four equity funds wasn’t in negative territory. Won’t ruin the surprise for you.

Next time your mutual fund company calls for a stock holder’s meeting, please attend. Very few do! And that’s such a pity because that’s the one time you can bully your fund managers. (Kidding!) Don’t be obnoxious at the meeting of course, but at least ask them how much of the company’s own funds are invested with the pool of funds you’re invested in, too. This MarketWatch article says that should at least provide some comfort.

Till next PF roundup.

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