LIVING OFF DIVIDENDS & PASSIVE INCOME

Lawrence Salberg has a great post on saving money when buying a new car. Its only the first in a series, but its quite a good read. Considering that Lawrence used to be a car salesman, its the inside scoop!

• Buying a House as a Tax Shelter [in a Depreciating Market] Does it make sense to buy a house for the tax advantages? Apparently quite a lot of people think so. check out the comments on Renting is for suckers". There are over a hundred comments. Quite a few of them say you should buy even if the housing market is......
• Buying Used Vs New Cars I think in a year or two it'll be time to upgrade my '99 Accord V6 coupe. I was just looking at new 5-series BMW prices and the cheapest 5 series for the 2006 models is about $43,095 plus tax. OUCH! Hmmm....whats the pricing on used?? Apparently 50% off! Here's......
• 17 Well Project Almost Funded Some of the regular readers may have realized that I haven't been posting as much in the past few weeks. Thats because I've been busy trying to raise some cash!As I mentioned in previous post, I've been trying to raise $200,000 for a 17 oil well project. We've gotten commitments......

• Personal Finance Lessons Learned the Hard Way Today is the first anniversary of the Tough Money Love blog. I am honored by those who read what I have to say and thankful for all of your comments. Your input is always educational and, at times, quite entertaining. I hope that you can say the same about my......
• Banking Reviews: GMAC Bank’s Money Market Savings Account Let’s face it, banks which offer high-yield savings accounts are a dime a dozen these days, and the market has practically been commoditized. Whoever offers the best rate at the time will generally draw the majority of new customers. There are so many different options to place your savings at......
• Easy Ways to Save Yourself $400,000. According to CNN/Money, here are some "easy" ways to save $400,000, without giving up the latte factor. This ought to be interesting: Drive less expensive cars during your lifetime: $180,000 True, true, that could work. But that assumes you have been driving expensive cars to begin with. Send your child......

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