Money360 Morning Roundup: New Laptop Edition

My old computer finally gave out on me, so it’s time to buy a new one. My wife has decreed that it shall be a “desktop replacement grade” laptop. This should be fun. On to the latest personal finance news…

Ignoring any social discussion (not really my forte), I found it interesting that from a purely economic standpoint, marijuana prohibition is a bad thing. (@ )

Interest Audit This is an interesting metric for evaluating the amount of your income going into interest each month. Many people, though, have much more than 11% of their income each month going into interest; that seems pretty normal to me, given the usual financial situation today (@ the 100 by 30 project)

Signs of the apocalypse, perhaps? What’s actually happening is that people who bought in during the housing boom in 2003 are now having their 3/1 ARMs come around to bite them and desperation/panic is setting in. This is a condition that’s going to continue for the next year or two. (@ )

Actually, this is an argument for buying a Rent-A-Wreck type, not a late model used car. It’s an interesting philosophy, but it runs the risk of getting a car that has some serious problems; buying a car with more than 100,000 miles on it is a gutsy proposition. (@ )

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