January 30, 2009 – 5:07 pm
Before you sign up for any loan, it’s important to read all the fine print and watch out for any hidden costs. Personal finance blog Get Rich Slowly has a great post today about the top five credit card “promises,” and how you can avoid unexpected fees and costs. Promise #4: Your card has a [...]
January 30, 2009 – 2:30 pm
More school systems around the country are beginning to recognize the value of a financial education and the need for financial responsibility. Birmingham, AL will start a financial literacy program covering budgeting, saving, credit, taxes, and home ownership. Missouri is finally implementing a statewide law enacted two years ago requiring students to complete a personal [...]
January 30, 2009 – 1:28 pm
Terry Savage at the Chicago Sun Times provides readers with some basics on money management today. The bottom line is that managing your money doesn’t have to be complicated, and you don’t need to be a financial expert to have your finances in order. But you must “take the ultimate responsibility for your decisions.” Check [...]
January 29, 2009 – 10:18 am
As part of the settlement of a class action lawsuit against Bank of America, the bank has agreed to pay up to $78 to account holders who paid non-sufficient funds fees between December 2000 and December 2007. The lawsuit claimed that the bank charged millions in overdraft fees by changing the posted order of customers’ [...]
January 28, 2009 – 10:50 am
The folks over at Doughroller noticed our Metro ads! You might be surprised what would be more costly: a bounced check, a short-term payday loan, or a credit card late payment penalty fee… Head over to Doughroller to see the answer.
January 27, 2009 – 5:08 pm
There’s a great post over at My Money Blog which offers a very simple way to maintain a family budget, without the hassle that comes with some of the more complicated budgeting methods. The basic idea is that we only put the amount of money we actually want to spend into our primary checking [...]
January 27, 2009 – 10:27 am
Last week, bills to protect credit card users and to regulate credit card issuers were introduced in both chambers of Congress. The bills were introduced by Rep. Carolyn Maloney (D-NY) in the House and by Sens. Charles Schumer (D-NY) and Mark Udall (D-CO) in the Senate. Some of the main provisions would: Prevent arbitrary interest [...]
January 26, 2009 – 5:26 pm
Making monthly mortgage payments is getting harder and harder for many homeowners. As the AP recently reported, home foreclosures increased by 81% last year. Thankfully, Philip Brewer at WiseBread.com suggests six possible options for homeowners who are having trouble making their monthly mortgage payments. One such possibility is renting the house out: If you can [...]
January 6, 2009 – 12:00 pm
01/06/09 – Five New Year’s Resolutions to Help Your Personal Finances Econ4U.org Offers 5 Useful Tips for Managing Your Finances in the New Year WASHINGTON, DC — While it is important to make prudent financial choices in good times as well as bad, with the economy hitting a rough patch many Americans are taking a [...]
January 6, 2009 – 11:15 am
Video: How Many Millions Are in a Trillion Does Financial Health Determine Happiness? Can a Good Credit Score Help You Score? Should Congress Be Limiting Short-Term Loan Options?
