The Simple Dollar Morning Roundup: Where We Are Edition

We are still going through our list of house visit appointments, but after seeing the house we saw on Tuesday night, they all just pale. We see flaws all over the place and that other house just glows in our memories. We are going to look at it again on Saturday with our agent, then prepare an offer.

What I Wish I’d Known About Money When I Graduated What I wish I had known: don’t spend more than you make, period. If I had done that from the day I graduated, I would be in really good shape right now. (@ an english major’s money)

What Is The Worth Of “Net Worth” If It Is Not Usable? The problem is defining usable. The equity in a home is usable if you get a HELOC. Many retirement plans are usable if you’re willing to incur the tax penalty. (@ 4m)

The Poverty Business An excellent piece of food for thought. (@ get rich slowly)

The Simple Dollar Retro: Why You Have To Keep Up With The Joneses A classic social psychology study shows us why we are often desperate to compare ourselves to the neighbors, for better or worse, and feel the need to do whatever it takes to keep up.