Good Find: Jean Chatzky’s Blog
Posted on March 6, 2009 3 Comments
I like Jean Chatzky, and not just because last year her publisher sent me a free copy of her book, Make Money, Not Excuses to review (though that was pretty sweet). I like her because she’s smart and practical, and I can understand her. But I don’t have time in the morning to watch her on TV (true story: I do not wake up one millisecond before I absolutely have to. Most days I hit the snooze button four to five times before getting out of bed). So I rarely get to catch her live.
But today I came across her blog and want to share it with you. Click here to read about Jean’s positive outlook and soak in her advice.
The blog is good; her topics are interesting and informative and given that it’s her full-time career, she obviously catches a lot of things that us part-timers miss. Plus, I found her blog to be more relevant to this Budgeting Babe than some of her books, which seemed to speak to women of a different life stage than mine.
Thanks for the good work Jean! Your perspective is refreshing for those of us in the trenches.
Category: Media
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3 Responses to “Good Find: Jean Chatzky’s Blog”
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March 9th, 2009 @ 8:17 am
I like her style of writing. She’s practical, honest and provides readers with valuable tips on saving money and time. The best tip I took from her – spending money to save money. I had trouble keeping myself on time, running late to meet friends and other appts on the weekend. So I spent $16 to have an old watch repaired (band + battery) and I’ve never been happier. I’m not missing appts (I run out of excuses quickly) and I’m a lot more aware of my limits.
April 22nd, 2009 @ 3:13 am
I read her book and really got a lot out of it. It helped me with a more realistic approach to saving money.
May 28th, 2009 @ 9:43 am
The NBC pundits are dead wrong again. This is not the bottom of the recession. Its not the beginning of a true recovery. Its only a brief period of optimism or the beginning of that short and shallow revival. There will be some positive signs over the next year or so amoung the negative. But they will not lead to a true recovery. Our leaders may claim to end the recession in 2010. If that claim is made, it will be based only on that short and shallow (printed) revival. It absolutely will not last. I stand by my predictions made earlier this year. Obama's efforts are revolutionary but they are too little too late. He will have no choice but to acknowledge a severe US depression by the end of his first term or shortly thereafter. Every major economy in the world will be in depression by 2015.
The NBC pundits (Chatzky and Wong) are bound and determined (paid) to plug their coorporate sponsors and perpetuate the 'multiple credit card' lifestyle. Their claim is that you need more than one to build reasonable credit, finance a home, and be relatively secure financially. THAT IS ANOTHER FLAT-OUT LIE. The industry is simply too corrupt and predatory to deal with. It has been for at least 20 years. The use of 'multiple credit cards' is simply too risky, addictive, complicated (check that fine print), and ultimately expensive. In the vast, overwhelming majority of cases, the 'multiple credit card' user has ended up further in debt year after year after year. Their credit was built to some extent on a temporary basis and their ability to repay loans was diminished gradually right along with their bottom line. They ended up paying as much or more in finance charges as they did on principal. That is OBSCENE. Now, their net worth is way down. Their ability to get out of debt f#$&@#. That 'credit' didn't get them anything but F#$#@#. Still, those NBC pundits (liars) have the nerve to perpetuate that 'multiple credit card' lifestyle as if it were ever legit or necessary to begin with. It wasn't. Until two years ago, one could have built reasonable credit with a stable income, a checking account, a savings account, one secured credit card, one loan for a used car, one loan for a new car, and a reasonable downpayment. Until recently, that was enough credit to get a first home loan. Now, the economic boom is OVER. The majority are F#$&@#. Its only going to get worse. A LOT WORSE. The window for ordinary (decent) people to stake their rightful claim is closing fast. They better get out of debt soon and well prepared for the comming US/global depression. It will be catastrophic. Under these circumstances, it is downright reckless and irresponsible to promote more use of credit cards. Only a calculated PIG with an ulterior motive would have the nerve. The 'multiple credit card' lifestyle wasn't the only cause of this economic crisis but it was a contributing factor. Another vehicle amoung many to transfer wealth from poor to rich. Which again, is the single greatest underlying cause. IT WILL BE OUR DOWNFALL.