My wife and I agreed that we would invest a certain portion of earnings from this site, while having another small portion of it for frivolous expenses. So, for several months we’ve been saving up that frivolous amount and over the weekend we purchased a Nintendo Wii. We had some guests for the weekend and we were up quite late on Saturday night, drinking sangria and playing hours of Wii Tennis (one of the free games on the Wii Sports disc in the box). For me, it was an example of budgeting for a frivolous purchase – a very fun one at that.
Subprime Mortgage Troubles: Predatory lending or Just Stupid Lending? Many people choose to attack predatory lenders, but the truth often is that the people who are loaned money are incapable of properly managing their own money. The article here is a great example of that – when you refinance and use that money for a koi pond and to partially finance a Lincoln Navigator, you might not be making the wisest choices. (@ my money blog)
Extreme Personal Finance: Living On $12,000 A Year Extreme frugality as a form of political protest? (@ get rich slowly)