Essential Personal Finance Books

I’ll be the first to admit that browsing the personal finance section at your local Barnes & Noble can be intimidating. There are hundreds of personal finance titles to choose from; it’s possible to spend a small fortune trying to learn how to make a small fortune. But you don’t need to. In my opinion, […]

Busting the Millionaire Myth

We non-millionaires (last I checked, we’re still in the majority), may or may not find the prospect of such wealth alluring. Those of us swayed by the sirens’ song of riches may work hard to increase our income, invest wisely, and set a course to get rich slowly; others may fall for get-rich-quick schemes or […]

Credit Card Alternatives

Credit card companies are raising interest rates on just about everybody these days, fueling many people’s passionate disdain for using any credit card for any reason. Once upon a time, there was only one alternative to spending with credit cards: cold hard cash. But then came debit cards—accepted everywhere just like credit cards, but without […]

Think You Don’t Need Health Insurance? Think Again

The younger we are the more we tend to think that we are invincible and do not need health insurance. Cancer, broken bones, and weird illnesses with names that we can’t pronounce are all things that happen to other people and never to us—right? Wrong!

A Case for Local Banks and Credit Unions

I have been trying to convince my wife to switch her checking account away from Bank of America; I’m not a fan. Recently, on my post on leading financial iPhone apps, two readers asked why. Although there are pros and cons to banking both with large “megabanks” and local banks and credit unions, I’m a […]

My Credit Card Raised My Interest Rate! Here’s What to Do

Stories of credit card companies raising interest rates on just about everybody—even customers with perfect credit, no debt, and no late payments—continue to roll in. That’s because the CARD Act takes effect this winter and will restrict credit card companies’ ability to raise interest rates on existing customers. If you thought credit card companies were […]

Six Things to Know About Your Student Loans

Six Things to Know About Your Student Loans

It’s ideal to be well versed in student loans before you take them, but even after you have signed the dotted line you still need to know the rules. Be sure to know when your loans start accruing interest, when are required, and even when they might be forgiven.

Five “Forgotten” Financial Habits to Develop In Your Twenties

“I’m 25 and only make $30k a year. I’ve got student loans. I’m broke! Why should I care about investing?” I hear this all the time. When it comes to money, many of my peers (at least the ones not completely afraid of their finances) are concerned with upgrading their cars and homes, developing their […]