November 17, 2009 – 6:40 pm
Welcome to this week’s edition of Tuesday Top 5, our weekly tips post to help you manage your money in five easy steps.
Today we walk you through the all-important credit report, and what to do if you find inaccurate information on it. Your credit report plays a major role in determining your credit score, so it’s [...]
October 27, 2009 – 11:48 am
Welcome to this week’s edition of Tuesday Top 5, our new weekly tips post to help you manage your money in five easy steps. Do you know what your credit score is? You should: It’s the most important factor in getting a loan. But what can you do if your FICO score looks more like your shoe [...]
October 16, 2009 – 3:07 pm
I may be late to the party but I only just learned that Microsoft has discontinued its game-changing Money software. I’ve been using Money for years to track my spending, retirement allotments, taxable investments, and savings accounts all in one tidy package. But unfortunately for me and Microsoft, the advent of free budgeting websites has [...]
October 7, 2009 – 9:02 am
There is a host of new financial products to teach youths about managing their money before they’re even old enough to open their own credit lines. More banks are offering text alerts for your credit or debit card if your child is an authorized user. And now there are more options for giving kids autonomy [...]
September 10, 2009 – 5:13 pm
New numbers released by the Federal Reserve on Tuesday show that consumer borrowing decreased for the sixth consecutive month in July. A Wall Street Journal article notes that consumers are distancing themselves from debt both “by choice and by force, reflecting a combination of the thrifty attitude and tighter lending conditions that have defined the [...]
September 1, 2009 – 1:11 pm
If you’re in college, chances are you’re back in the dorms this week. And if you’ve got your eye on the new fall fashions and cool electronics, we’ve got news for you: Being cheap is in.
As the Oregonian reports:
Frugality is the new cool in this back-to-school shopping season, expected to be one of the slowest [...]
August 21, 2009 – 1:06 pm
Megan McArdle at The Atlantic is currently working on a long feature piece about consumer borrowing. But since the article won’t be out until early 2010, she has given us a taste by sharing an interesting observation about people who walk away from secured debt.
A secured loan, if you’re unfamiliar, is one backed by collateral, such [...]
August 18, 2009 – 4:26 pm
Today we hosted our first webinar: What is a Credit Default Swap Anyway? The Financial Crisis for Capitol Hill Staffers.
We had a great group for the presentation (check out the presentation here).
For those that were interested and unable to attend we will be hosting a make-up session on Tuesday, September 1, 2009 at 10:30am.
Have a [...]
August 18, 2009 – 1:09 pm
At the risk of sounding smug, sometimes I feel like I’ve mastered the credit card game.
I get 1 percent cash back on my rewards card. And because I pay it off in full every month and it has no annual fee, my credit card bank is essentially paying me a dividend on top of giving [...]
August 13, 2009 – 2:53 pm
College is a time for students to learn to be on their own for the first time in their lives, and a majority have a lot to learn about managing money—especially handling their own finances.
Always organized and never one to miss a sale, I’ll admit that many times during college I flirted with [...]