Blog | Financeshmoe

Shmoe Rules and Truisms

Following are the most important things to do, to be a true finance shmoe: Spend less than you earn. That’s the only way to be able to...

Do you have to love your job to stay and succeed?

One of the shmoe's financial truisms is, that you have to be realistic about "job love" and stay committed to your job, even if it starts...

Stocks are sky high now! So I should sell my shares and buy them back when they go down, right?

Fine idea, with two fatally flawed assumptions which torpedo it. First, the idea the market is overpriced at any particular time. How...

When should you buy a newer used car?

I saw a post today from a facebook friend who said he has a truck with 104,000 miles, drives hundreds of miles per week, and is...