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Money

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Before you sign up for a new credit card, make sure you understand all of the terms. A credit card rate, especially a 0% credit card, might look attractive initially, but once you start reading the fine print, you might change your mind. After all, there is a lot of stuff in that fine print. Information about what could happen to your rewards points, as well as what could make your credit card interest rate…

[ad#Content 300×250]This Christmas season, roughly $715 will be spent by consumers for gifts, reports Gallup. This is lower than 2009’s $740 per person, and 2008’s $801 per person. The recession is still breathing in our economy and we can see it here. This poll, by Gallup, reports our fears are true: consumer confidence as well as discretionary income are low. The muted nature of this year’s decline is reflected in consumers’ own evaluations of their spending…

Frequent travelers tend to do well using travel reward-based credit cards. These credit cards typically work on a points system, offering the user points for the amount he or she spends. The points can then be redeemed for some serious discounts and perks on airline tickets, hotels, rental cars, and other travel expenses that can really add up. [ad#Content 300×250] This all sounds great. But there’s actually more you can do with a travel credit…

Minor Spoilers Ahead. You’ve been warned. Waiting for Superman Review ‘Waiting for Superman,’ is a poignant, competent movie on the state of education in the U.S. Starting out slow, it revs up and shows a world, where the hopes and futures of children rest on the luck of the dice. Though very true, it often belabored the point. This film was more of a what’s wrong with education, than a “how to” fix education. I would have also like…

Overdraft, a Tax on the unwitting poor. Every year, something like this happens. I’m at the gas station I go to load up on 87-octane, but I haven’t logged into my online bank in a while. After the day of hitting the usually Friday fair – book store, coffee shop, Target, and the Mall – I fill up my gas-addicted car no problem. I go home to see the damage I’ve done. WHAT!! Another overdraft…

ReadyForZero is a new, launching (still in beta), application to help consumers with loads of credit card debt, cleanse their financial sheets. It is basically advertised as an application which simulates what a financial advisor will tell some with loads of credit card debt. Y Combinator-backed startup ReadyForZero is announcing a $260,000 seed round of funding from a number of well-known angel investors including Steve Chen, the co-founder of YouTube; Dave McClure, Benjamin Ling, Nils…

We hear a lot about how money can’t buy happiness. However, in some cases it really can. Recently, a study pointed out that $75,000 was the salary for happiness. Many might argue that they are perfectly happy with less than $75,000 a year. And that is probably true. However, the report does point something interesting out: Money can contribute to happiness. [ad#Content 300×250] It would be nice to think that money can’t really buy happiness,…

[ad#Content 300×250]As credit card companies use new tactics, practices to maneuver around the new credit card regulation, the Federal Reserve is planning on tighten its credit card policy. “The proposal is intended to enhance protections for consumers and to resolve areas of uncertainty so that card issuers fully understand their compliance obligations,” the Fed said. Several tactics that Credit Card companies use , such as Citi Bank offering a credit card interest rate at 29.9%,…

The recession saw a definite drop in the amount of 0% credit card offers seen in the mail. With the credit crunch, it was quite difficult to qualify for any kind of loan — including a credit card. Even though credit is still a bit crunched, issuers are starting to come back from the brink a little bit, offering credit cards again. [ad#Content 300×250] One type of credit card offer you might see in your…

[ad#Content 300×250]Everywhere you look, interest rates are low, low, low. Indeed, interest rates are so low that it is tempting to do any number of things that involve borrowing money. With car loan rates rather low, it is tempting to buy a new car — or even refinance your current auto loan. You might also find that the dropping mortgage rates provide an incentive to refinance the house (if you don’t plan to buy a…

Our heater kicked on for the first time this morning, reminding me that winter is on the way. (Hopefully we’ll get a few weeks of autumn first.) That means it’s time to start getting the house ready for colder weather. This is important if you want a warmer house — without extra high utility bills. You probably already know all about programmable thermostats. Here are some more simple tips for winterizing your home in a…

Now is a great time to start planning for the holidays. Indeed, now is a good time to work up a holiday budget — and look for ways to put a little extra money in your pocket. The good news is that there are some ways that you can get a little extra money together so that, by the time the holiday season is full swing, you can have a decent bit stashed away. It’s…

[ad#Content 300×250]One of the ways that you can reduce the interest rate on your home mortgage loan is to pay points. A point is equal to 1% of the cost of your loan principal. If you get a mortgage for $180,000, each point is $1,800. You can usually get a reduction in your interest rate by up to 1/4 of a percent. (Some lenders will not offer such a discount, though.) So if you pay…

If you are in the market for a home mortgage, you might be in luck. Mortgage rates appear to be going down – again. Indeed, Freddie Mac reports that the average 30-year fixed rate mortgage is going for 3.25%. [ad#Content 300×250] But will mortgage rates fall even further? This is a question that many are asking. Not too long ago, it seemed as though mortgage rates hovering around 5% would be the bottom, and that…

The recession has many of us looking for ways to pinch pennies. We glory in small savings, and look for ways to shave a little more off the bill. Of course, small savings can add up to big savings down the road. But, in some cases, penny pinching does not actually result in big picture savings. Instead, we might find that we are being penny wise and pound foolish, introducing inefficient elements into our finances.…

When you are bargain hunting, it often seems to be just about the price. However, a true bargain is about more than just paying as little as possible. Sometimes even at a cheap price, you are paying more than you should. A true bargain is something that has long-lasting value. Even if you pay a little bit more for something, if it is of good value and likely to last longer, you could save money…

[ad#Content 300×250]The statistics are rather alarming. Over forty three million Americans are living in poverty on a day to day basis. The middle class is being eradicated and wages are depressed. Millions are unemployed and looking for a way to make ends meet. With over 14% of the population in poverty, Americans need opportunities to make more money. It’s more important than ever that you take control of your financial future. Here are a few…