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Why Jodie Sweetin’s Latest Divorce Should Make You Start an Emergency Fund

Jodie Sweetin, American actress; cropped versi... — Jodie Sweetin, American actress; cropped version of :Image:JodieSWEETin.jpg Taken March 7, 2007 at Rutgers University with Bethany S Murphy. Original file history Image:JodieSWEETin.jpg 00:12, 8 March 2007 . . Bethanyshondark (Talk (Photo credit: Wikipedia)

There’s lots of people talking about former Full House star Jodie Sweetin these days. Recent news reports are telling us that this 31-year-old mother of two is now on her way to filing for her third divorce. Yep, that’s right. Divorce #3. Sweetin got married in 2012 to Morty Coyle, and reports say that she is already on her way to filing the legal documents necessary to ask for a separation, which she claims is due to irreconcilable differences.

It was in 2008 when Sweetin filed for divorce from husband number two, Cody Herpin. She blamed the breakup on an already rocky marriage, as well as extreme financial hardships. Sweetin’s first marriage to Shaun Holguin, who she married in 2002, ended when she entered a treatment center for her longtime drug abuse.

Divorce

Because the life of a celebrity is more often than not on display for the whole world to see, there tends to be a belief that famous people get divorced more often than us other ordinary everyday folks. Although this isn’t true, when the news is telling us about a celebrity who’s getting ready to file for their third divorce and they’re only in their early thirties, it tends to make people start thinking! Thinking about what they would do if they ended up being in a similar situation.

Emergency Fund

Although everyone of course intends to stay married forever once they exchange those sacred vows, reality tells as that of least half of all marriages are going to end in some type of separation or divorce. This is the reason why the vast majority of people who plan on getting married one day don’t even bother to plan for what they would do in case of a divorce. They simply don’t think that divorce is something that will happen to them, just everyone else.

Although Sweetin surely didn’t believe that she would have three failed marriages by the time she was 31, her failed marriage situation is helping other people by letting them understand how important it is to have in emergency fund in case such a situation comes up. An emergency fund is going to allow for a lot more freedom of choices if the instance of divorce does happen to come up.

Good to Know

Money struggles have been an issue in all three of Sweetin’s marriages, which is still the number one reason for divorce in America. It’s not hard to start an emergency fund and is something every newly married person should do asap. Well, waiting until they first return from their honeymoon might be a good idea.

Counting Cards: How to Cheat At Blackjack

Finance

I don’t gamble much. I’ve got this boring kind of luck that let’s me gamble for a really long time on not much money, without ever winning big.

For example, when my wife was very pregnant with our first monster, we took a trip to visit my parents. It’s a 2 hour drive, and she needed a break halfway there. In the truck stop, we bought $5 worth of scratch-offs to pass some time. We turned in the winning tickets for more scratch-offs. And again. And again. Two hours later, we were out of winners, but had never accumulated more than $10.

Another time, we went to the casino to play slots. It took nearly 8 hours to spend $20. That sounds boring, but we had good conversation while we were playing.

I’ve never had a big win or a big loss from gambling, so I’ve always been kind of bored with the idea.

Now, cheating at blackjack, that’s a different matter. Pulling one over on the casino without getting caught…they make movies about that kind of stuff.

To be clear: counting cards in your head isn’t cheating. Legally, the worst that can happen is you can be asked to leave. To get a Hollywood-I-cheated-the-casino-and-got-caught-and-beat-by-the-mob kind of beating, you need to win a lot.

A lot.

To get started, there are a few things you need to know. One of those things is how to play blackjack, but I’m not going to get into the basics. If you don’t know how to hit, stand, or count to 21 without taking your clothes off, this guide may be too advanced for you. Come back later.

Super Basic Strategy

You don’t need to count cards to use this strategy. You will do better than most players if you follow along.

1. The dealer must hit, or take another card, if he has 16 points. If he has 17, he stands.

2. The hole card–the card you can’t see–is always worth 10. Of course, it’s not, but for the purposes of your strategy, assume it is.

That means, when the dealer is showing a 2, you’ll assume he’s got 12 points and will hit. If he’s showing a 7, you’ll assume he’s going to stand. If he’s showing an 8, your goal is to beat 18, not push for 21.

That’s it. If you do that, you’ll come within a couple of points of even odds against the house. Google “blackjack basic strategy” if you want to improve this.

Even odds isn’t good enough.

Card Counting

Counting cards sounds tough. Rain Man tough.

It’s not, but you’ll want to practice at home a bit before you try it in the really real world.

The rules are simple:

1. Cards 2-6 are worth 1 point.

2. The 10, jack, queen, king, and ace are worth -1.

3. For every card that is played, keep track of that score. This is a running score across multiple hands until the deck is replaced or shuffled, so don’t stop at a new deal.

4. Divide the running score by the number of decks remaining in the shoe. If there are approximated 150 cards in the dealer-thingy, that’s 3 decks, so divide by 3. If your running score is 18, that means the number your playing against is 6. If the casino is using a continuous-shuffling thingy, forget counting the cards.

That’s it. You’re never adding or subtracting more than a one, and you’re doing that against a number that tends to stay pretty low.

How do you use that, you ask? Easy.

When the score is up, bet higher. If it’s low or negative, bet lower. The higher the number, the higher your bets. If you’ve got a 5, a 6, or more, bet as much as you are comfortable with. If your playing score is low or negative, bet close to the table minimum.

Why does this work?

A higher score indicates that the main assumption of the super basic strategy is more likely to be true. When you’ve got a score of 10, you know a lot of lower-value cards have already hit the table, so it’s safer to assume that the dealer’s card is worth 10.

You don’t change anything about the way you play each hand, you just change the way you bet each hand. Counting cards doesn’t tell you specifically what’s going to happen during each hand, it just tackles the statistics of the game. It moves the odds in your favor, by up to 2 or 3 percent. Over one hand, this won’t help, so don’t sweat losing a hand here and there. Over an entire shoe of hands, you should be able to steadily win more than you lose.

And, as Brian Brushwood says, in the course of your life, very few things make a cooler story than getting kicked out of a casino for counting cards.

Do you play in casinos? Ever tried to cheat?

Selling Your Car

Finance

: English: Jalopy car in Joshua Tree National Park in Hidden Valley Campground (Photo credit: Wikipedia)

When it’s time to replace your car, most people focus on the new car, instead of the old, but that is ignoring real money. Your old car–unless it has disintegrated–still has value. Sometimes, it’s just time to ask yourself, “When should I sell my car?”

When you’re looking to sell your car (like with We Will Buy Your Car), you generally have several options:

Tow & crush. If your car has been wrecked, doesn’t run, or is just old and beat up, you may be stuck with calling a junkyard and accepting $50 for them to pick up your car and crush it for scrap.
Trade it in. This is probably the least hassle, but–other than #1–doesn’t pay well. Dealerships are willing to pay something under what they will get at a wholesale auction, which is quite a bit less than the blue book value.
Sell it yourself. Now you’re thinking, “He’s going to buy my car! Oh, bother.” It can be a pain, but it’s also the best way to get a decent price for your wheels.

When you sell your car, there are a few things to keep in mind, much like when you sell something on Craigslist.

Don’t be alone. There are bad people in the world, but they don’t like witnesses. Bad things are much less likely to happen if you have company.
Know your price. Specifically, know three price: your dream price, the price that would make you happy, and the absolute lowest price you are willing to accept. Make sure you figure these numbers out ahead of time. Know what you are comfortable with before it comes time to close the deal.
Check IDs. The buyer is going to want to test-drive your car. That’s fine, but you want to make sure you know who is driving off in your car. “Officer, Sumdood took my car. He was wearing jeans.” That won’t get your car back.
Clean it up. Get the car detailed before you show it to a potential buyer. A sparkling-clean car will almost always bring in a few hundred extra dollars. It’s well worth the expense.

Following this plan should make the sale go as smoothly as possible and bring you the most possible money.

Readers, what have you done to dispose of an old car?

This is a sponsored post written to provide some insight into the world of used car retail.

As I’ve mentioned, we’re cleaning out my mother-in-law’s house. She was a hoarder who passed away a couple of months ago. As of yesterday, we’ve filled two 30-yard dumpsters. For perspective, that’s big enough to park our F150.

I’m not here to talk about that, or the 20 year old can of green beans that burst and ran down my leg on Saturday.

Last month, we put a recliner out on the curb with a free sign. A few minutes later, a couple of guys stopped by and grabbed it.

Last week, one of the guys–I’ll call him Sammy–stopped by and left a note on the windshield of one of our inherited cars, asking about buying it.

Long story short, we sold him two cars. One hadn’t been run in a year or two, and one had been parked for almost 20 years. We signed this titles and let him take the cars while he was still $50 short of the purchase price. This isn’t a story about the cars.

It’s a story about Sammy.

Sammy doesn’t have a lot of money. He’s living off of a monthly check from an old injury, and his fiancee works part-time. They’re living in Section 8 housing, and consistently have more month than money. When he was younger, he made some decisions that make some forms of employment difficult now.

On Friday, Sammy stopped by. He was supposed to give us $50, but said that getting one of the cars running had cost more than expected, and it still had a problem that was keeping it from being safe on the road. He asked about an extension.

No problem.

Then, he looked around my mother-in-law’s overgrown yard and asked if he could help. After we negotiated the price, he asked if he could a) borrow our tools for the work, and b) get a ride Saturday morning.

I am a nice guy.

Saturday, I was planning to pick him up, then drive downtown to pick up a friend who has been living at the Salvation Army since moving to the area. His friend was so excited about the work, he hopped on a bus at 6am and got to Sammy’s house.

When I got there, Sammy also had a teenager he was mentoring. He told me that his dream was to start a lawn-care business with his friend, so they can put kids to work and help them turn into productive citizens. Idle, broke, and bored teenagers are a recipe for disaster. Teenagers who grow into men not believing they have a chance to change their future are worse.

I dropped them off and went to have a chat with my wife.

We’re far from rich but, at the moment, we are fairly flush. We’ve found some cash, and a there is a bit of life insurance money. Most of that will be going into remodeling the house, but we have a bit extra. If we can take a few hundred dollars, and help launch Sammy into a business that will help him, his family, and a circle of kids with few prospects, I think it’s the right thing to do.

When I told Sammy what we were considering, he started to break down. It was a truly emotional experience for him to know that somebody was willing to take a chance on him.

I told him to put together plan. I want to know what it would take for him to get started. Hopefully, he’s serious enough to do that. I’d like to help.