Tag Archives: Interest rate

The Hamlet Method of Borrowing Money: To be or not to be the first offerer

To reveal your position first or not to reveal; that is the borrower’s big question. WSJ had an interesting article by Mike Michalowicz who argued that the shrewd negotiator offers first and reveals their bargaining position.  In other words, be … Continue reading

Posted in Borrowing, Borrowing Philosophy, Business Borrowers, Negotiating, Strategic Planning, Uncategorized | Tagged , , , , , , ,

Cow Tipping was Fun but Borrower Tipping Pays Better

Rural kids, like city kids, get bored but their entertainment options are more limited.  Anyone familiar with farm country knows about cow tipping as late night fun.  The game is to sneak into a field at night and push a … Continue reading

Posted in Borrowing, Credit Cards, Debt, Financial Planning, Money | Tagged , , , , , , , , | 2 Comments

What’s your Borrowing I.Q.? Take the Test and Win the Title

Here’s a chance for you to test your borrowing intelligence quotient.  Some of the questions were covered in previous posts and some are brand new material.  I’ve wanted to be the devious professor who gives the brutally hard test with … Continue reading

Posted in About Me, Banking, Borrowing, Debt, Finance, Financial Planning, Home Ownership, Money, Mortgage | Tagged , , , , , , , , , , , , , , , , , ,