Thursday, September 2, 2010

personal finance blog


Actually, I think he might be getting a bad rap on this one. Although, at this point, who knows what the hell goes on inside the RNC brain trust.


An RNC intern sent a message late last month to at least one ambassador on behalf of Neil Alpert, a senior finance aide, with little explanation.


“As you know, the November election is just 103 days away and the chairman would like to extend to you an invitation to sit down either at the RNC or at your embassy to discuss the upcoming 2010 midterm elections,” wrote Christopher Kelleher, a finance department intern. “With literally hundreds of congressional seats up for grabs in just under four months, Chairman Steel would love to have the opportunity to discuss the party’s outlook with you.”…


Steele’s outreach to foreign representatives heading into the final stretch of the midterm election cycle is exasperating senior Republicans, already fed up with the controversial chairman’s knack for bad publicity.


“They can’t give any money and they can’t vote,” former RNC Chairman Jim Nicholson said, referring to the ambassadors. “I don’t know why you’d take time to do it.”


On the one hand, if Steele really was trying to wrangle a meeting with, say, the ambassador from Iraq, would he have farmed the task out to an intern who can’t spell his name? Politico notes that ambassadors typically aren’t contacted by e-mail but rather via their political officers. Sounds like maybe the intern was told to contact a bunch of different VIPs to feel them out for meetings and didn’t realize that foreign ambassadors can’t do anything for the RNC financially. On the other hand, assuming that Steele really does want to meet with these people whether for personal prestige purposes or with an eye to forging relationships for his post-RNC career (per the article, he has a history of cultivating ties to foreign officials), what’s the harm in it, really? We’re talking about a half-hour or an hour here and there. Granted, it’s fundraising season, but if The One can carve a few hours out from saving the world to play golf occasionally, surely Steele can spare a little time for photo ops with foreign dignitaries. It’s a feeble way to kick up PR for the GOP but at least it keeps him away from microphones for a few hours. Net win!


Exit question: Who’s leaking?






Want help paying off the credit cards, the loans, and other debt? Here are five women who are currently in the process of doing it -- or have done it! -- and their blogs will educate, entertain, and perhaps even inspire you to do the same.



Frugal Babe

Frugal Babe is the blog of a 31-year-old wife and mother of three small children who has paid off the debt ($38,000) she accumulated starting a home-based insurance brokerage business she founded with her husband several years ago. Through example, Frugal Babe, who drives a '91 Civic, BTW, is all about spending for value. Now she works toward paying off her mortgage and ultimately hopes to become more self-sufficient, while teaching followers how to have "A rich life without a lot of money." (In fact, that's her tagline.)



M$ Money $avvy

M$ Money Savvy is a 30-something woman who openly shares her personal finance experiences -- from trying to do a re-fi (hopeless!) to reduce her expenses -- as she works tirelessly to pay off her student loans (by 2014), restart her IRA contributions (now that she's paid off her car loan), and ultimately retire in 17 years.





Blogging Away Debt

It is possible. That's the underlying message from this blogger, Rebekah Atkinson (aka "Beks"), who has paid down about $30,000 of the $38,000 she owes. She tracks her "recovery" -- and lately has been blogging about unexpected expenses, such as veterinary bills -- on Blogging Away Debt, which she took over from her friend, Tricia, in 2009.



The Debt Hater

The Debt Hater chronicles the story of how one woman -- Joy Buchanan -- made the decision to get out of debt after discovering she owed $16,000 in credit cards alone, not including her car loan. She got inspired to take action once she realized -- via a calculator on Motley Fool -- that it would take her 14 years to pay the debt off. The journey began, has been completed, and the newly responsible Buchanan has never looked back. She is currently focusing on her "dreams."



The Debt Defier

This 20-something blogger has managed to pay off over $30,000 in debt. She never wants to to rely on a credit card again, and is moving on to the next chapter: increasing her net worth.

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