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A Ponzi Roundup

Let’s start this week’s roundup with A guest post at Personal Finance By The Book – I’m Not THAT Wasteful Am I? There’s a frugal backlash against Extreme Frugality, as many are rightly focusing on increasing their income. Yet, no matter what your income or how good your budget looks, waste is still, well, wasteful.

Lazy Man and Money Ask(s) the Readers: Please Explain Occupy Wall Street to Me? I haven’t gotten it yet either, but one of his kind readers referenced a Planet Money podcast that should help us all understand what’s going on.

At Consumerism Commentary, Flexo tells his readers how to Earn 6% APY With the Mango MasterCard Prepaid Card. There are a few gotchas, one of which is the maximum balance to earn this rate is $5000. But for those who are from the “credit cards are from the devil” school of thought, this card may be the right choice. You can’t spend what you don’t have. You also don’t build any credit rating using this card.

At Dinks Finance, Kristina offered her own Weekly Roundup: Steve Jobs and Apple. Many were hit hard by the news of his passing.

Just when I was about to submit to my local ibrary system to get a copy of Michael Lewis’ Boomerang, I read Michael Lewis’s New Book – Boomerang: Travels in the New Third World – Free Copy Online. Thanks to the author of My Money Blog for this find.

And to wrap up this week – at My Personal Finance Journey,  Is Social Security a Ponzi Scheme? As I wrote last month, “If it Quacks like a duck.”


  • Joe Plemon October 19, 2011, 1:07 pm

    Thanks for the mention. Much appreciated!

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