Nickel is putting a lot into his retirement funds – a SEP IRA, 403b, and a 457b . Whew! And when you have four children, a potential 9% increase in milk prices  can be quite disconcerting. MBH hits up the yard sales  this week.
Despite the misleading title, FMF does highlight a very important Smart Money article on how some brokerage firm employees are dispensing financial advice  – a strict no-no. To say that it’s bad advice wouldn’t be fair, it’s more accurate to say it’s not professional advice (in the strictest sense) and that it’s illegal advice. Well, I suppose it is bad advice. 🙂
Putting your tax refund into a Roth may be sound financial practice but it’s certainly not fun, Flexo outlines fun ways to spend your tax refund . Now, it’s one thing to spend your tax refund, it’s another to spend a tax refund you aren’t getting . Counting your chickens before they’ve hatched is always a bad idea.
JLP highlights a typical arbitraging tactic – buying popular items cheap and selling them  once they run out in the stores on a site like eBay. One year in college I saw that Ashton Kutcher wore a green John Deere mesh hat on Punk’d so I snatched up a ridiculous amount (over a hundred) from various John Deere distributors for about $5 a piece and sold them on ebay for $25-$30 depending on the
sucker buyer. It was pretty sweet.
Lastly, Gen X Finance has been doing a series called 24 Signs That You Could be in Financial Trouble and one that I found very poignant was #11: Consolidating Debt While Still Using Available Credit . You can’t get yourself out of a hole if you keep digging it deeper… that just doesn’t make sense.