Monthly Archives: August 2009

What to Do When Your Clunker Eats Your Cash

August 11, 2009 – 10:23 am

All the recent headlines about Cash for Clunkers mean that a lot of people have new cars on the brain. But not every old car qualifies for the credit, so it’s hard seeing all your neighbors pull up in brand new rides when you’re still slogging to work in the same car that saw you through college. [...]

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Pesky Credit Card Customers Pay Bills on Time, Stay Within Spending Limits

August 10, 2009 – 7:05 pm

While reading the Washington Post website this morning I noticed a report that Capital One is suffering thanks to better cardholder behavior. I guess good news for consumers is often times bad news for banks. It seems that Capital One’s customers have become better at paying their bills on time and not going over their [...]

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State Stimulus Funds Will Likely Dry Up By 2011

August 6, 2009 – 4:18 pm

With a number of states still working out budget plans for next year, lawmakers are looking ahead to the cuts that are likely to take place when federal stimulus money runs out. Many states have relied heavily on stimulus funds, with Texas allotting almost 97 percent of its stimulus money to help patch budget gaps: [...]

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Sales Tax Holidays This Month

August 4, 2009 – 11:46 am

If your household budget is dreading the damage that back-to-school shopping will wreak this month, you’ll be happy to know there may be a tax-free shopping day coming to a state near you. Time your trip to the mall right and you can save sales tax on clothing, shoes, school supplies, electronics, books, and more. [...]

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“Save to Win” Lottery Encourages Saving Through Raffle Drawings

August 4, 2009 – 7:21 am

A consortium of Michigan credit unions have implemented an interesting scheme to add a bit of excitement to the otherwise boring act of buying a certificate of deposit (CD). From The Wall Street Journal: Members who put $25 or more into a Save to Win one-year CD are entered into a monthly “savings raffle” for prizes up to [...]

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Econ4U Recent Post Round Up

August 3, 2009 – 1:04 pm

In case you missed them, here are some of our most popular recent posts: Octomath: When “Celebrities” Mismanage Their Finances Protect Yourself From These Nasty New Scams How Much Student Debt Is Too Much? Ways To Save Money Through Twitter Michael Vick Flew Like A Falcon But Sank Like A Rock

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