I was browsing around on the Internet the other day and stumbled upon this really neat video. It’s called “The Crisis of Credit Visualized” and it is a neat animation/video about how we got into the credit crisis. The thing I like most about this video is that it doesn’t try to blame everything on [...]
Continue reading...5. January 2009
I hope everyone had a good holiday with family, friends, and gifts This time of year most people make new year’s resolutions. For many it is to lose weight, or to make more money. The thing about these resolutions is that most people forget about them a few weeks after the new year. This [...]
Continue reading...22. December 2008
Consumerist recently posted a very good article about personal finance during a deep recession. Their article includes nine good habits for a deep recession and is definitely worth reading. Here are a few of the key points that I thought were very important: Pay off debt Know where your money is going Eliminate Waste Buy smart and used Understand your [...]
Continue reading...17. December 2008
The U.S. Federal Reserve just cut the key interest rate from 1% to 0 - .25%. This is the first time that they have established a range for the rate and the first time that it has ever been this low. So what does this mean for you? It means that you will likely earn little [...]
Continue reading...21. November 2008
The other day I posted an article about searching the web for credit cards. I just wanted to share a similar website that is geared toward women. The site, CreditRoom.com, is designed to help women find credit cards that they need. The site displays credit card offers in a number of categories such as cards for [...]
Continue reading...18. November 2008
There are hundreds, if not thousands of different credit cards out there that are available to consumers and businesses. There are reward cards, cash back cards, student credit cards, business credit cards, cards for good credit, cards for bad credit, cards that are good for transferring your balance to, and many more. It can get [...]
Continue reading...4. September 2008
I just read an article on Consumerist that is really interesting. Apparently there have been an increase of people purchasing items from stores like Best Buy, getting home, and opening the box only to find some form of crap (floor tiles, news paper, phone books) instead of their new Xbox 360 or hard drive. It is [...]
Continue reading...30. August 2008
Ok, I promise not to make a new post every time a bank you have never heard of fails. I just want to show everyone that putting your money into a small local bank is not a good idea. On August 29th Integrity Bank of Alpharetta, GA was taken over by the FDIC. More info here: http://www.fdic.gov/bank/individual/failed/integrity.html Check [...]
Continue reading...28. August 2008
The FDIC just took over The Columbian Bank and Trust Company in Topeka, KS. For more information, check out the FDIC page for this failed bank: http://www.fdic.gov/bank/individual/failed/columbian.html
Continue reading...27. August 2008
I recently read an article on BankRate.com about a strategy that some people use to invest in certificate of deposits. (For those that aren’t exactly sure what a certificate of deposit (CD) is, check Wikipedia.) The strategy is basically to create a “CD ladder”, where the maturity date for every CD that you have is a [...]
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21. February 2009
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