True. But I would add money buys you choices and choices make me happy. For example if I have money I can afford to drive a nice car. If I don’t have money I have to drive a 10 year old car just trying to make it to the next mile.

Another example: If I have money I can afford to buy what ever I want to eat. So if I want steak two nights a week I can. If I have not money then it’s beans and rice.

For me money = choices and choices = happiness. Not sure about the rest of the world…

You should check out the article below. I like the part about fun is something you have until you’re bored…

Just like Dave says, money can buy fun, but not happiness. There is a big difference. Fun is something that you have until you’re bored with whatever you’re doing. Happiness is being content with what you have.There is actual scientific evidence to back this up. According to a study done by a Princeton economist in June 2006, once you reach a certain income level, earning more doesn’t necessarily smiling more. If anything, it could mean more stress.Money can mean breathing easier if it drastically affects your basic standard of living. Harvard professor Daniel Gilbert said that going from $5,000 in income to $50,000 will raise your spirits, but going from $100,000 to $1 million will not affect your happiness level much, if at all.

Money and Happiness

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Everyone talks about avoiding late fees for your credit card, which I agree 100% with. However there is another late fee you should avoid which is overdraft protection charge. So over the holiday weekend I got hit with 3 of them at $22 a pop!

The good news is I didn’t bounce a check but the bad news is I had to pay the bank $66 just to cover my lack of planning! The funny thing is I had the money just forgot to move the money from one account to another.

I am glad I could help out my banks bottom line this month! 🙁

If credit is an issue this may be a very good way to get a mortgage. Check out the rest of the story and see if lease-purcahse is right for you and your current credit situation.

Fundamental to the financing of any lease-purchase is the lease-purchase agreement. The lease-purchase agreement must be written and signed by both parties. This should be executed early on and prior to your first rent payment. The lender is not concerned with any verbal agreement you may have made with the seller however long ago – the lender wants to see it in writing. You can buy a lease-purchase agreement (also called a lease-option, lease with option, or lease to purchase) online or at your local office supply store. Either way, be sure to put it in writing.

Broken Credit Blog — Free Dispute Letter Free Credit Repair Mortgage » Buying The Home You’re Renting

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It’s really not needed. As Dana Dratch states in this article, “get a hobby.”

You’re one of the lucky ones in the financial pecking order: Your credit score is high. Really high. But what if you want perfection?Get a hobby.Having a high score is great. But the slight difference between very high and perfection just won’t make a difference in your everyday life.

adding further:

“There is no reason to go from 775
to 850, because you’re still going to get the same rate,”
says Linda Sherry, spokeswoman for Consumer Action,
a Washington, D.C.-based advocacy group.

Perfect credit score: Unrealistic and unnecessary (Page 1 of 2)

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This shouldn’t be news to anyone who has followed this blog for sometime.

Simple: the higher your score the less you pay. Two people with good and bad credit will pay drastically different amounts for the same thing. So the goal is to get that score higher so you can pay less…

“If you’re at the 720 mark, you have some bargaining power,” he says. “If you’re in the mid-700s upward, you’re going to get the very best rates available.”The Web site www.myfico .com lists six stratifications within the prime credit range of 620 to 850. Below 620 you’ll be offered subprime rates, if you’re offered credit at all. Above 760 is equivalent to an “A,” says Travis Plunkett, legislative director at the Consumer Federation of America.According to myfico’s daily updated mortgage rate data, that 760 credit score translates to a 6.3 percent interest rate on a 30-year fixed, $216,000 mortgage. Meanwhile, a 700 score would get a 6.52 rate. A 620 score would pay more than a full percentage point higher, 7.89 percent, for the same mortgage.

Pay less and save more with a high credit score – Orlando Sentinel : Home & Garden Pay less and save more with a high credit score – Orlando Sentinel : Home & Garden

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