Despite the news media trying to sell airtime by pitching the Recession as the second Great Depression, this country has seen far worse in terms of its economy. If one has ever studied the Great Depression and come across articles on bank runs, bread lines wrapping around stadiums, or the 24%+ unemployment rate, they will […]
Archive for 2010
Citi Forward $200 Sign Up Bonus
Posted byUpdate: This offer is expired. Please see our credit card directory for current offers. The credit card companies seem to really be enjoying Free Money Friday! Citi is offering another chance at some free money in the form of $200 to Restaurant.com. How to Get Your $200 Gift Certificate Sign up for the Citi Forward […]
A Closer Look at a Lending Club Default
Posted byI just checked my Lending Club account. And I saw my first charge off. My part of the charge off was only $20, but the loan was for someone doing a $15,000 kitchen and bath remodel. The part that surprised me, was that it was an A grade loan. However even with an A grade, […]
President Obama recently signed The Wall Street Reform and Consumer Protection Act. The financial reform act will be phased in over the next five years, with many provisions becoming law within the next 18 months. Along with permanently increasing FDIC insurance limits, the financial reform bill regulates investment and trading practices, hoping to prevent the […]
Could you imagine entering the doors of your bank with sweaty palms, wondering if your money is still there? Chances are you wouldn’t take advantage of the complimentary coffee, or sign a sheet upon walking in to speak with a representative; you’d be frantically running in, elbowing others in a crowd and trying to withdraw […]
Free money from the government. It sometimes feels like everyone else is getting a handout from the government right now. However, I’m willing to bet that you are too! Let’s see where the government money is padding your wallet this summer. Free Money from the Government Making Work Pay Tax Credit Eligibility. There was a […]
Citi $50 Sign Up Bonus
Posted byUpdate: This offer is expired. Please see our credit card directory for current offers. It’s Free Money Friday and for the second week in a row, we have a great offer for students. Citi is offering a $50 sign-up bonus on some great student cards! This is a great opportunity for young people looking to […]
I know sometimes some of my ideas are a little extreme. I realize this could be one of those, but I thought it would be worth asking. Otherwise, I’ll just keep thinking about it. Forever. Literally. I’m a big fan of the Lending Club business model to eliminate the bank, (which reminds me – don’t […]
Financial gurus have been touting the benefits of saving your money, being debt-free, and maxing out your IRA for years. And their influence and determination has paid off for a segment of Americans: how many of us now can shout out “we’re debt-freeâ€, confidently reach our early retirement or on-time retirement goals, and pay cash […]
Are the Mutual Fund Settlements Legit?
Posted byI received a stack of envelopes in the mail last week. I almost tossed the papers since they looked sort of like junk mail. Apparently we’re involved in a class action mutual fund settlement, but is it a scam? Honestly, that was the first thing that crossed my mind. Good thing I didn’t toss the […]