Archive for the ‘Personal Finance’ Category
Susan raised an important point in her comment last week: Credit unions are a great alternative to banks, and I have neglected them in my writing here (despite the fact I am a satisfied credit [...]
September 30th, 2008. . Read More »
So Washington Mutual, once the nation’s largest savings and loan, yesterday became the nation’s latest bank failure. If you have money deposited with WaMu—or use the bank for any other financial products like loans, credit [...]
September 27th, 2008. . Read More »
Banks are failing, the economy is lifeless, and taxpayers are getting the bill. Were this 1929, we’d have our money under our mattresses, and we’d be sitting on them. Assuming, of course, we still owned [...]
September 24th, 2008. . Read More »
My twenty something friends sometimes ask me whether they should hire a financial advisor. Usually, they have just read an article or heard a high-pressure marketing spiel. The fact is, unless you have over $100,000 [...]
September 18th, 2008. . Read More »
I find it interesting that even though the Federal Reserve opted not to lower interest rates this week, some banks are adjusting their interest rates anyway. HSBC Direct lowered its online savings rate from 3.50% [...]
September 17th, 2008. . Read More »
Lehman Brothers’ and Merrill Lynch’s employees and investors are having a bad, bad day. But if you’re not one of them, how do the failures of these Wall Street giants affect your wallet today? Hopefully, [...]
September 15th, 2008. . Read More »
Online checking accounts are popping up like dandelions. Banks hope that promises to pay interest or waive fees on any balance will lure consumers away from brick and mortar checking accounts. Often, standard checking accounts [...]
September 13th, 2008. . Read More »
Wanna watch 134 YouTube videos about people saving money? The videos are responses to a contest sponsored FNBO Direct, a high yield savings account that will give away $5,000 to five finalists to be selected [...]
September 12th, 2008. . Read More »
I think there’s some truth to the title of Larry Wignet’s book You’re Broke Because You Want to Be. Heck, I’m broke because I made the (albeit uninformed) decision to buy things I couldn’t afford [...]
August 26th, 2008. . Read More »
Thanks to Emily from Taking Change for the guest post at Free Money Finance highlighting an important survey showing that young people are in financial dire straights. The report, released by the financial advocacy group [...]
August 18th, 2008. . Read More »
