Weekly Roundup: I Got An American Express Centurion Card

Hahaha just kidding, I don’t have it and you know what? I never will. While it’s awesome to get personal concierge services and all the great bells and whistles of the card, the $2500 annual fee is just something I don’t ever see myself wanting to pay. Oh yeah, the minimum spending of $250,000 a year is also a bit of a stretch too but even if that were possible (hahaha), blowing $2500 on an annual fee just seems stupid. Oh yeah, there’s also a $5,000 initiation fee!

Now, for most people who have it, it’s more a status symbol than anything else and you can read more about it here.

• MBH tackles three questions about FSAs.
• JD guest posted at Flexo’s blog on how to turn $500 into $7… I guess he’s taking the Get Rich Slowly mantra a little too far.
• NCN shares exactly how he paid off all his debt.
• Looking at houses? FMF recently checked out seven and shares his thoughts on the process thus far.
• It seems only fitting that since JD guest posted elsewhere, we should highlight a guest post on GRS - this post on the hidden cost of stuff comes to us courtesy of Amanda, a Colorado tech writer and an activist for children with congenital heart disease.
• At the Nickel household, DISH Network still sucks.
• ING snares Sharebuilder, JLP shares the email release.
• SVB shares some ways to increase your income.
• Golbguru thinks testimonials are bullshit and most of the time they are if you can’t verify them.
• First we’re told we’re saving too little, now Jeremy shows us an article about how one man thinks we’re saving too much for retirement.
• You can’t replace parenting with money, gifts, etc.
• Lazy Man gives us his November 2007 Net Worth Update.
• Need a silver lining for the subprime crisis? Dividend yields for bank stocks are up! (Assuming they keep the dividend where it is)
• You need earned income to contribute to a Roth IRA, so what counts as earned income? Click through to find out.
• Over at MoneyNing, David takes a swipe at gift cards and how they’re basically interest free loans. I agree that gift cards are stupid.