No-Nonsense DIY Expense Tracker

The goal of any self-respecting freedomist is to free himself or herself from the tyranny of financial dependency. When you have to work in order to survive, you’re financially dependent. When you don’t have to work, when you only labor because it suits your whim or excites you, you’re financially independent. To achieve financial independence …

Lending Club and Risk Taking

A few months back I came across a company called the Lending Club. And from what I read, it struck me as having a very intriguing business model. Here’s how the Lending Club works. Potential borrowers with relatively small loan requirements join the Lending Club (average loan size is $14,553). The Lending Club determines the …