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We don't want no interest-free loans!

November 18, 2009

A long time ago, when I was first learning to manage my finances, my dad instructed me to prepay my credit card. This effectively transformed the credit card into a debit card by running a positive balance on the account. It was a great learning mechanism because it still required me to make monthly payments, […]

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June 1, 2009

Stock price of GM the day it files for bankruptcy (unchanged): Stock price of Lear the day it skips an interest payment (up 14.5%): Needless to say, both charts are from today. I'm reminded of the quote from the otherwise-terrible Episode I: So this is how liberty dies. With thunderous applause.

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