February 4, 2014
Ever since we bought our house, Liz and I have been trying to be good about saving all our receipts. There are significant differences between purchases for repairs versus purchases for improvements (something that lasts longer than 12 months, I think). Knowing how much we’ve spent on improvements on the house is a valuable thing – moreso for the future, if we ever end up selling the house. I think it has to do with what we could potentially deduct from the final sale price of the home, given that we spent X amount on improvements.
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September 22, 2011
Trust Issues is an utterly fascinating article at Lapham’s Quarterly about “Methuselah” trusts. Named after the long-lived Biblical Methuselah, these perpetual trusts are pockets of money that are meant to accrue interest over extraordinarily long periods of time.
The catch? We’re actually talking about compound interest.
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February 11, 2010
Flattr is a concept by Pirate Bay co-founder Peter Sunde, and is an interesting take on providing money to independent, online content providers. The visuals are nicely done, and how can you really go wrong with a cake analogy? Getting a large enough adoption rate will be the biggest hurdle, but presumably Sunde and his…
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January 29, 2010
Craig Cunningham is one of a small group of people who are actually looking forward to calls from debt collectors. Though he made his mistakes (falling more than $100,000 into debt during the housing boom), he’s now finding ways to profit from the mistakes of others: specifically, debt collection agencies. Cunningham returned to the online…
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December 21, 2009
Last Friday, I made my final payment on the car I bought in 2007. Odd to think that I actually own my car now. It always felt like mine, but I guess now it’s the sense that it’s officially mine. Coupled with the fact that I also paid off my credit card last week… things…
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