Jul 30 2008

The Perfect $46,000 Budget: Learning to Live in California for Under $50,000.

What if I told you that you can live well in California with an income of less than $50,000 a year? A budget of this kind is not some sort of financial bait and switch but a realistic budget that many frugal people use on a daily basis. California has one of the [...]

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Jul 28 2008

Washington Mutual: WaMu and the $239 Billion in Outstanding Loans. $52.9 Billion in Option ARMs. Analysis for the Upcoming Year.

Washington Mutual has been taking a major hit with the current credit and housing crisis.  Washington Mutual is down 71% on a year to date basis and with the recent announcement of a $3.3 billion quarterly loss, things will continue to be difficult.  Washington Mutual is categorized under a S&L/Savings Bank and even given the [...]

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