Do you save money from your paycheck every month? Do you have a 401(k)? Are you even thinking about saving for retirement? CNN Money reported some extremely disturbing findings from a new study this morning. “The percentage of American workers with virtually no retirement savings grew for the third straight year.” Let’s take a look [...]
Last week we showed you how a seemingly-low interest rate on a loan can add up over time – or how you can end up paying $430,000 for a $200,000 house. This week we’re covering a happier topic: how the same principle can help you build serious wealth for the long haul. You already know [...]
February 24, 2010 – 3:23 pm
This week, the Credit CARD Act of 2009 finally goes into effect. Some parts of the law were phased in as early as August of last year, but consumers had to wait until now for most of the biggest changes. For the most part, the new rules will just stop problems before they start – [...]
February 23, 2010 – 3:33 pm
Spring is just around the corner, meaning shorts, flip flops, sunglasses, and…wedding season! Okay, so this might not apply to everyone but there are loads of great personal finance lessons to be learned from wedding planning. Last week, the Wall Street Journal reminded me just how much a wedding costs (now, and in the long [...]
February 19, 2010 – 5:06 pm
Check out some of our new resources in the Money Matters section! Wondering about the long-term value of higher education? Look at the real value of a college degree in Learning Equals Earning. Did you start a new job recently or are you just curious about what all those deductions in your paycheck mean? Pay [...]
February 18, 2010 – 2:53 pm
As a consumer it can be difficult to find unbiased information on customer service and reliability. The Better Business Bureau (BBB) gathers and reports information on business reliability and consumer dissatisfaction. The BBB accepts complaints on behalf of consumers regarding specific companies’ business practices. Complaints must be regarding a customer-to-business or business-to-business transaction related to [...]
February 12, 2010 – 12:07 pm
This year, when completing your tax return, take a closer look at the deductions and credits you qualify for. With the troubled state of the economy, many people may find themselves in a different tax scenario than years past – which could mean a bigger check from the government! A perfect example of this is [...]
December 10, 2009 – 4:12 pm
With the holiday season upon us, most shoppers will be putting the finishing touches on their shopping in the next couple of weeks. We’ve shown in the past that shopping provides an opportunity for money management through assessing costs and budgeting money. An Associated Press article today notes that the economic downturn opens up an [...]
October 23, 2009 – 9:15 am
In case you missed them, here are a few of our most popular recent posts. Be sure to check out two of our new recurring themes, the Tuesday Top 5 and Famous Financial Flubs. Why isn’t college LESS expensive during a recession? Tuesday Top 5: How to Write a Will Avoid the Freshman Financial Fifteen [...]
It may seem like an unlikely thing for a central bank to do — after all, they primarily deal with high-level banking and monetary concerns, not problems facing individuals — but the Fed is making an effort to speak directly to U.S. consumers through its website. Their Consumer Information page contains a number of tips [...]
