Variable Universal Life insurance or in short VUL is sold by insurance agents as a smart investment to unsuspecting people. The pitch usually goes like this:
You invest in VUL. The money in the policy grows tax deferred. You get to choose what you invest in, stocks, bonds, international, you name it. It’s like a super [...]
When I go on vacation, I usually use Priceline’s Name Your Price™ service for a hotel room. You specify an area in the city, a quality level (3-star, 4-star, etc.), the dates, and the price you want to pay. Priceline tries to find a hotel for you at that price. If it accepts your bid, [...]
Carnival of Personal Finance #106 is up at The Digerati Life. My entry was a review of the new documentary about debt in America Maxed Out. My favorites in this carnival are:
Japan Standard of Living - MoneyNing Style at MoneyNing — It’s great to see how things work in a different country.
Rule #17: Numeracy at My Open [...]
Commutative Law of Multiplication is a fancy way of saying when you multiply two numbers, it doesn’t matter which number you put down first and which number you put down second.
a * b = b * a
This basic law of arithmetic is taught in the second grade in elementary school. Yet it [...]
