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One size fits all. That is the reasoning behind Treasury's plan to invest money in a number of large banks by purchasing preferred shares.
Jamie Dimon of JP Morgan and Lloyd Blankfein of Goldman Sachs have to feel that they have been sacrificed on Henry Paulson's bank bailout altar.
For this 32nd edition of the Money Hacks Carnival, I decided to go with questions most people ask themselves or problems they tried to solve without really finding the right solutions. Hopefully, you will find some answers through these great articles.

What does it mean to you to "Live Below Your Means"? How do you do it? Share your thoughts with the Finance Your Life crew!
With the stock market nose diving and banks failing every other day, it's natural to think about protecting our hard earned money and assets from the current financial crisis. For a common person, most of his/her assets are either stowed away as savings in a bank account, or invested in a portfolio in the stock market or vested in "material" assets like real estate, precious metals, automobiles and likes.
Now how do we go about protecting our assets while the economy is in turmoil? Here are a few tips that we've put together from our earlier experiences and practice:

What really caused the magnitude of the current financial crisis, in my opinion, was the amount leverage used in the housing market and mortgage backed securities derived from it. Leverage is a double-edged sword that is a powerful ally during boom times, but can quickly become your worst enemy during the ensuing bust. The collapse or bailout of some of our most highly regarded financial institutions – Fannie Mae, AIG, Lehman Brothers and Merrill Lynch - was squarely due to leverage. What is leverage and how does it work? Here is a simplified example using three scenarios:
"This has been the worst financial crisis since the Great Depression. There is no question about it," said New York University economist Mark Gertler in the WSJ. Sound a little harsh? Try reading the rest of the Journal article, and tell me you don't want to withdraw all your money and raise cows in Switzerland.
Hank's friend, a father of three, faces a difficult decision: He's been offered a job in Iraq that will pay $290,000 for a year's commitment.
Our financial success is determined by the decisions we make. Learn how to make the right ones by avoiding the either-or, feelings, and opinions traps.

Some tips to cut down college expenses, and college loans




