MoneyUnder30.com

Two Deadlines Loom

Before dashing off the weekend, I want to remind everybody of two important upcoming deadlines. Don’t forget, April 15th is tax day, and it’s next Thursday! Still plenty of time to use TurboTax to finish your returns. Also, for anybody interested in the $8,000 first-time home buyer tax credit or the $6,500 home buyer tax […]

Paying Off an Auto Loan Is Bad For Your Credit Score!?

Dave Ramsey tells people that FICO scores aren’t credit scores; they’re “I love debt” scores. Case in point: Last week, I paid off my auto loan. This week, my FICO score dropped 60 points. Sixty! There have been no other changes to my credit report. Needless to say, I’m pretty flabbergasted…and pissed off…that my score […]

Find Your Financial Balance

Child Balancing on Balls

In debt? Why not head out and get a loan for the trendiest, most expensive car you can find. Never mind the interest rate. As long as you can get approved! And don’t worry about getting the car insured either, because the chance you’ll get into a wreck is pretty slim. And last but not […]

Beware Free Credit Score Ads

Have you already noticed that all the annoying TV ads for FreeCreditReport.com are now for FreeCreditScore.com? That’s because as of April 2, the U.S. Federal Trade Commission (FTC) now requires companies claiming to offer free credit reports to include obvious disclaimers informing you that the only place to get a truly free credit report is […]

The Investing Lesson Todd Taught Me

boy with money

As a boy, I spent a lot of time annoying our next-door neighbor, Todd, a successful work-at-home plastics executive. In exchange, he taught me curse words, how to play poker, and one very smart habit. Todd read a Boston Globe every morning in a very specific way: First he opened the comics, then the stock […]