Endless Gibberish

April 15th Monday Morning Roundup

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Fresh Monday gooodies.

Zillow is banned from giving Zestimates in Arizona by the state regulatory board citing lack of appraisal license. I think it’s idiotic as Zestimates are automated as Zillow says and people don’t use Zillow in favor of a formal appraisal.

An article over at Slate entitled “Spend Every Dime!” which attempts to explain why US Tax Policy makes savings a sucker’s game. Personally I disagree with this sentiment as people who DO save come out ahead.

CNN Money finally stopped putting articles about million dollar cars and accessories in the personal finance section and rightfully put them in the new luxury section.

CNN Money has another ridiculous “Millionaires in the making” story about a couple with no kids, living in Texas, and makes a combined $145,000 in income plus $40,000 in bonuses. How about a story where the couple makes less than the median income and are on the path to being millionaires?

Golbguru writes “Yes, there are educated people that think like this” in that even some “educated” people lack personal finance basics. It really goes to show you common sense isn’t always common knowledge.

Carnivals, Festivals, etc.
The Carnival of Money, Growth & Happiness #2